Housing Wire

SEPTEMBER 8, 2022

Well, it isn’t 2008, but this type of loan does have risk — and it’s the risk that is traditional among all late economic cycle lending in America when the loan requires low or no downpayment. The entire system has to be designed to inflate the price over time. Remember, the system is designed to keep home prices inflated.

Inventory 544

Inventory Law Housing Market Design 544

Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. increase in total labor productivity in the US from 2003 through 2022, largely through business process improvement and automation.

Technology 362

Technology Business Lending Training 362

Appraisal Today

MAY 10, 2024

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. My comments: I find this post’s appraiser comments most interesting, especially those from VA appraisers who have been required to use the VA’s Tidewater Initiative, which started in 2003.

Reconsideration of Value 69

Reconsideration of Value Appraisal Real Estate Insurance 69

Appraisal Today

AUGUST 5, 2022

The housing market is cooling-off. Excerpts: Lending was not very prudent prior to the crash of 2008 as suggested by the trend in the median credit score (FICO), a measure for credit worthiness; for newly originated first-time purchase mortgages the median FICO score was 686 in Q1 2006 versus 740 in Q4 2020. Find out why not.

Appraisal 59

Appraisal Valuation Contracts Modernization 59