Housing Wire

SEPTEMBER 28, 2023

So, we’re not little, but we’re not big, like some of these companies with 500 developers. We have a development team and so we have software developers, system analysts, business analysts, quality assurance testers, and people that manage deployments. We have smaller teams, but they’re very effective.

Technology 391

Technology Loan Officers Lending Business 391

Housing Wire

NOVEMBER 10, 2022

It affected at least 50% of the staff, positions in operations and loan officers, according to multiple former employees. Of the total employees, 428 are active loan officers, according to mortgage software company Modex. She will remain head of home lending while the company searches for her successor. .

Mortgage 362

Mortgage Loan Officers Lending Business 362

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. During the housing crisis of 2008, the title industry suddenly emerged from obscurity into full view.

Real Estate Agent 302

Real Estate Agent Real Estate Project Management Agents 302

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Just a little less vanilla. . ” Just a little less vanilla. ” Tapping that equity.

Mortgage 387

Mortgage Loan Officers Finance Investors 387

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Even if mortgage rates are hovering in the 6% range, homes are still going to sell, loan officers said. The last two years have been good to Christian Dicker.

Housing Market 407

Housing Market Marketing Brokerage Real Estate 407

AmeriMac

SEPTEMBER 1, 2021

A Brief History of the Development and Use of Appraisal Management Companies. AMCs as a concept were developed in the 1970s. However, they were not widely used until after the mortgage crisis in 2007 and 2008. Federal lawmakers believe that inflated valuations contributed to the housing crisis in 2008.

Appraisal 36

Appraisal Valuation Law Lending 36

Appraisal Today

MAY 12, 2023

If not working use this link [link] An oldie from 2008 but a goodie ;> A blast from the past, pre-HVCC!! Remember what it was like during the crash after 2008, when there were very few loans, and appraisal volume severely declined? Mortgage lending is very, very cyclical. Very tough market now with many layoffs.

Appraisal 52

Appraisal Architecture Business Contracts 52

AmeriMac

MARCH 15, 2024

The concept of AMCs was developed in the 1970s but didn’t gain widespread use until after the financial crisis in 2007-2008. The crisis exposed significant flaws in the appraisal process, leading to the development of regulatory measures to ensure more accurate and unbiased appraisals.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). The mortgage loan officer handling the loan? Was it the borrower? A Zillow Zestimate? Maybe the underwriter at the lender?

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Assurance Financial

JUNE 15, 2023

By doing so, Freddie Mac helps to ensure that there is a steady flow of funds available for mortgage lending, which in turn helps to keep interest rates stable and affordable for homebuyers. In the years leading up to the financial crisis of 2008 , Fannie Mae and Freddie Mac held a dominant position in the U.S. housing finance system.

Government 36

Government Housing Market Mortgage Investors 36