Housing Wire

DECEMBER 31, 2021

One of the ways that lenders “manage expenses” has historically been by laying off processors and loan officers. The second-lowest LO turnover rate was in 2003, at 31%. Industry experts also predict that home inventory will increase in 2022, creating more options for borrowers.

Marketing 414

Marketing Law Government Mortgage 414

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.”

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

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 purchase index fell for the fourth consecutive week, as homebuyers continue to struggle with low for-sale inventory and elevated mortgage rates.”

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75