Housing Wire

DECEMBER 16, 2021

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. They were trying to capitalize on the refinance boom,” said Cullen Gandy, a classically trained opera singer who had been hired as an LO at Interfirst and left in July. “I

Mortgage 334

Mortgage Loan Officers Retail Training 334

Appraisal Today

MARCH 31, 2023

But how do you contact potential clients and referral sources? Another student reported that in 2010 (after HVCC was void) a lender client told an appraiser they could not order appraisals directly with appraisers anymore…that they must use a third party. Then forward that answer on to the client/AMC. This is nothing new.

Appraisal 52

Appraisal Contracts Inspection Clients 52

Housing Wire

JUNE 28, 2021

He started contracting with home mortgage lenders to appraise the value of the property tied to a loan. “It But DeZarn was an independent contractor business of one, and he lost his clients in 2008 when the housing market imploded. AMCs business model is to snare contracts from mortgage lenders, and serve as their appraiser middleman.

Appraisal 395

Appraisal Valuation Business Contracts 395

Appraisal Today

MAY 19, 2023

Built in 2014, the six-bedroom estate was designed to resemble an English manor. Some AMCs may use appraisers for data collection at a reasonable fee instead of Uber drivers with 3 weeks of training. They can tell their clients that their data collectors are qualified, as compared with their competitors. I learned a lot.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

JULY 7, 2023

You may lose a client. In the past, appraisers were trained by FHA to redline, with lower values in Black neighborhoods. The current owners bought the place in 2014. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.85 percent from 6.75

Appraisal 76

Appraisal Real Estate Contracts Mortgage 76

Appraisal Today

MAY 27, 2022

To achieve this vision, industry participants will need to work together to resolve implementation challenges through training and investment in the infrastructure needed to operationalize new solutions. I wrote about doing VA appraisals in June 2014 in this newsletter, including how to get on the panel, pluses, and minuses, etc.

Construction 52

Construction Appraisal Modernization Contracts 52