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Planet Home Lending adds new regional sales manager

Housing Wire

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. Kingsborough has more than 20 years of experience in mortgage lending and will be responsible for driving the company’s expansion plans in the western U.S.

Lending 349
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How JVM Lending plans to expand without any loan originators

Housing Wire

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. Back in the 2007-2009 meltdown, we had loan officers with us at that time. The goal for the lender is to have half of its production volume come from investment properties in 2023 — up from the current 10 to 15%.

Lending 379
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How to Find Comps With Few Sales

Appraisal Today

acre lot, built in 2007 The chateau was listed in 2014 for $12.8 Take Note of GSE Requirements To read more, Click Here My comment: If you do residential lending appraisals, read this article! The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.06

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2021 Twin Cities Apartment Market Trends

Simonson Real Estate

Lenders want to lend. Some are seeing significant capital contraction in rent control markets. Rent control measures directly impact development and value-add. Lenders have pulled back or reduced appetite on lending in Minneapolis and St. Unless we see an interest rate spike, yes. Why is the market so strong?

Marketing 131
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Appraiser Salaries

Appraisal Today

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. to develop and report appraisals. An MLS is a valuable resource for appraisers in the development and reporting of appraisals. What does your MLS have?

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Appraisers and Property Data Collectors

Appraisal Today

Myth #2: Data collectors are going to replace appraisers There’s a lot of buzz right now about PDC possibly replacing traditional property appraisal, but the intent of this service is to fill a gap in the lending process. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA remained unchanged at 7.36

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King County Home Sales Cool as Interest Rates Inch Toward 8%

Will Springer Realtor

At the same time, the number of homes going under contract (Pending sales) fell 11% (2087) for the month and 9.8% The latest number is considered unaffordable by common lending standards, which call for a 28% debt-to-income ratio and it marks the highest level since 2007. on the year.

Buyers 64