Remove 2013 Remove Contracts Remove Development Remove Training
article thumbnail

Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

By July 2013, things were going so well that Godin and his wife purchased a lakefront mansion in Winnetka, Illinois, for nearly $13 million , a record for the posh Chicago suburb. The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017.

Mortgage 340
article thumbnail

NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

I don’t know if Realtors can be re-trained to see value rather than price. I know some successful agents who were trained as appraisers and appraised for awhile. Sold 4/1/2013 for $998,000. After graduation he worked for USAA in Real Estate Development. To read the letter (PDF), click here. They provide CMAs, etc.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraisers and Property Data Collectors

Appraisal Today

While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.

article thumbnail

6 best real estate schools in Washington (WA) for 2024

Housing Wire

ENROLL NOW & SAVE 30% Use Promo Code HousingWire30 Overview A state-approved real estate education provider with 25 years of experience, Colibri has trained over 520,000 students through its online courses. RealEstateU’s state- and ARELLO-approved courses have helped more than 225,000 graduates get licensed since 2013.

article thumbnail

UAD and Forms Redesign Update for Appraisers

Appraisal Today

I trained one of them. The American Enterprise Institute (AEI) publishes data tracking the mortgage and appraisal production numbers of both Fannie Mae and Freddie Mac (the GSEs) going back to 2013. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.07