Housing Wire
AUGUST 4, 2022
Valligent, founded in 2003 and led by Jeremy McCarty and Jeff Wickham, provides traditional, desktop and hybrid appraisal services to lenders, credit unions and others. Its bend toward digital valuation services comes during a time of growing acceptance by Fannie Mae , Freddie Mac and the VA to use desktop appraisals and hybrid appraisals.
Housing Wire
SEPTEMBER 22, 2021
Christensen has 17 years of experience in the mortgage industry, starting her career in 2003 as a contract loan processor for multiple mortgage brokerages in Salt Lake City. In 2008 she began to work with the many American families facing foreclosure due to the Great Recession.
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Housing Wire
DECEMBER 31, 2021
But the boost in purchase business likely won’t be enough to prevent operational contraction: As margins shrink, lenders will likely have to lay off staff and renegotiate compensation. The second-lowest LO turnover rate was in 2003, at 31%. Meanwhile, in 2020, LO turnover was the lowest in the survey’s history, at 21%, the MBA found.
Appraisal Today
MAY 10, 2024
VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.”
Appraisal Today
AUGUST 5, 2022
Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. VA Approves Desktops and Exterior-Only Appraisals.
Appraisal Today
AUGUST 13, 2023
Built in 2003, the Mediterranean style primary residence totals 4, 050 sq. In valuation we can either go out further in distance for comps or go back in time in the immediate neighborhood. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.09
Houston Properties
JANUARY 12, 2022
Get a free home valuation for your house and trends in your neighborhood. Year Built: 2003. Overall, right now properties are still actively going under contract. Last year’s number of homes that have gone under contract is still consistent with figures prior to the pandemic and the oil price crash. Zip Code: 77082.
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