Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Housing Market 416

Housing Market Marketing Contracts Finance 416

Housing Wire

DECEMBER 23, 2021

Department of Housing and Urban Development in the area of foster youth, along with all foster families in this country, provides us an opportunity to do both. Recently, a team from HUD’s Office of Public and Indian Housing (PIH) was presented with the “2021 Samuel J. The work of a small group at the U.S.

Design 319

Design Development Government Lending 319

Housing Wire

MAY 27, 2022

The designers historically have been unwilling to tell lenders all the factors used and how they are weighted,” Kully said. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. Presented by: Mortgage Coach.

Law 417

Law Legal Valuation Government 417

Housing Wire

FEBRUARY 26, 2021

Patterson will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Fred Bolstad , executive vice president of retail lending at U.S. Bank Home Mortgage. Patterson has led Homepoint’s third-party originations business since 2015.

Design 226

Design Retail Technology Lending 226

Housing Wire

FEBRUARY 5, 2021

He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company culture. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

Training 287

Training Technology Real Estate Valuation 287

Housing Wire

SEPTEMBER 30, 2021

With FinXperience, Tavant brings all parties together on one collaboration platform and provides hyper-personalized digital journeys to borrowers, loan officers, brokers, financial advisers and other participants in the lending ecosystem. Hassan Rashid, Chief Revenue Officer. Mohammad Rashid, Head of Fintech Practice.

Loan Officers 357

Loan Officers Architecture Real Estate Agent Clients 357

Housing Wire

OCTOBER 6, 2022

The platform was designed and developed using direct broker feedback, which shaped our workflow and functionality,” said Kim Nichols, senior managing director of Pennymac TPO. of marketshare in the broker channel in the second quarter, which was a decline from the second quarter of 2021. In all, it laid claim to 2.2%

Tools 367

Tools Technology Business Design 367

Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. In the overall process of residential lending, our industry has not used automation. Nothing could be further from the truth.

Technology 383

Technology Business Lending Training 383

Housing Wire

MAY 26, 2021

Presented by: Acra Lending. CRT transactions, on the other hand, are typically designed to cover only unexpected losses. Simply put, we’ve not seen unexpected losses between 2013 and the first quarter of 2021. As of February 2021, $72 billion of the RIF remained in force. The benefits of CRT are numerous. Absolutely.

Insurance 350

Insurance Investors Design Finance 350

McKissock

MARCH 26, 2021

This guide is designed to provide you with the basic HP-12C operations, the differences between the platinum and gold versions, common problems and cures, the [f] and [g} functions, general functions, six functions of a dollar, balloon payments and other typical keystrokes used in real estate appraising. HP-12C Training Guide. Sign up now.

Appraisal 55

Appraisal Training Design Real Estate 55

Housing Wire

JULY 6, 2023

trillion in mortgage originations in 2021. Clearly, not all these homes can be returned to the market in a cost-effective way, or face other obstacles, such as their location in higher-crime or deteriorating neighborhoods, according to Keith Lind, CEO of Acra Lending. Fannie Mae recently projected originations for 2023 at $1.59

Inventory 462

Inventory Renovations Real Estate Government 462

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. billion in 2021. Its parent Rocket Companies rode the wave to a stunning $9.4

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

McKissock

FEBRUARY 23, 2021

McKissock’s Unlimited Learning Members enjoy unlimited access to online appraisal classes and a variety of professional development videos, checklists, and other resources. This course is a primer on how to inspect a residential property, and it is designed to be meaningful and relevant for experienced appraisers and novice appraisers alike.

Appraisal 52

Appraisal Inspection Development Design 52

Cleveland Appraisal Blog

OCTOBER 29, 2021

Therefore, for each sale, we must develop a reliable opinion of the value of its land. Therefore, an appraiser needs to have access to reliable replacement and/or reproduction cost data and be able to develop a supportable opinion of the value of the land. We’ve just developed the total economic life for one of the sales.

Appraisal 365

Appraisal Development Finance Lending 365

Housing Wire

JULY 7, 2021

Terms of the deal were not disclosed, but statements from Mr. Cooper company leadership detailed that the transaction will not have a significant impact on its second quarter 2021 results. The development is particularly notable due to the recent activity of MAM in the realm of reverse mortgage servicing.

Mortgage 395

Mortgage Property Taxes Insurance Business 395

Housing Wire

APRIL 6, 2022

Although no one can predict exactly how the markets will react to certain events, mortgage lenders that develop a strategy for the uncertainty we find ourselves in will be best equipped to handle whatever comes next. More rate hikes from the Fed.

Modernization 392

Modernization Mortgage Marketing Design 392

Housing Wire

FEBRUARY 8, 2022

Goldstone, who is president of Capital Markets & Lending at BSI Financial Services , estimates that between 20% to 25% of borrowers in BSI’s servicing portfolio have been non-communicative, he told HousingWire. million homeowners became delinquent and entered forbearance between March 2020 and November 2021, the end of the fiscal year.

Law 369

Law Mortgage Legal Finance 369

Housing Wire

AUGUST 2, 2021

The 2021 Women of Influence winners represent 100 of the most influential women in leadership in the housing economy. More than just breaking records in the housing finance space, the HousingWire 2021 Women of Influence are shattering glass ceilings and leaving a legacy for years to come. Head of Product and Design. Briana Ings.

Insurance 395

Insurance Lending Realty Finance 395

Lamacchia Realty

APRIL 8, 2024

Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine ! Shauna is a member of the 2019 , 2021, and 2022 President’s Club and the 2021, 2022, and 2023 President’s Club ELITE. To learn more about Paul Dubuque, click here.

Realtors 72

Realtors Realty Real Estate Agents 72

McKissock

MAY 13, 2022

” in which Crawford discusses possible pitfalls of desktop appraisals and the lack of USPAP instructors in 2020 and 2021: 2. “The Appraiser Coach,” the show provides helpful tips, tricks, ideas, and principles designed to make you a better appraisal business owner. The Appraiser Coach. Hosted by Dustin Harris, a.k.a.

Real Estate 104

Real Estate Appraisal Appraisal Tips Home Value 104

McKissock

JULY 20, 2021

The licensing laws and regulations for home inspectors do not permit them to develop opinions of property value like appraisers do. In a mortgage lending situation, a home inspection is typically made for the borrower (i.e., Editor’s note: This post was originally published on April 3, 2018 and updated on July 20, 2021.

Inspection 105

Inspection Appraisal Construction Clients 105

Appraisal Today

MAY 10, 2024

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. 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). Overcoming negative attitudes can be done.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

Appraisal Today

MAY 19, 2023

ChatGPT is an advanced AI language model developed by OpenAI that can be used to streamline the appraisal writing process. The Most Expensive Home in South Carolina’s History Hits the Market for $22M Located in Simpsonville, SC, the 16,000-square-foot home sits on a sprawling 54 acres designed for the horse lover. and Conditionality.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Housing Wire

FEBRUARY 23, 2022

The government watchdog is concerned that automated valuation models may reflect bias in design and function. Firms that develop automated valuation models have argued they might help to eradicate appraisal bias. Fair lending enforcement and addressing appraisal bias have been top priorities for the Biden-Harris administration.

Valuation 383

Valuation Law Finance Development 383

Housing Wire

FEBRUARY 29, 2024

Department of Housing and Urban Development (HUD) and the White House announced plans to extend the Federal Financing Bank (FFB) risk-sharing program, two prominent housing associations shared their differing perspectives on the move. In a series of policy announcements designed to address housing supply and affordability, HUD, the U.S. “We

Insurance 355

Insurance Finance Design Construction 355

Housing Wire

FEBRUARY 15, 2022

The report focuses on the nine rating agencies that as of year-end 2021 were registered with the SEC as “nationally recognized statistical rating organizations,” or NRSROs. The report includes an analysis of essential-findings trends from examinations conducted between 2016 and 2021. Case Examples.

Law 367

Law Mortgage Marketing Design 367

Appraisal Today

AUGUST 19, 2022

Mortgage applications hit 22-year low (since 2000), lending activity suffers. There was an older large townhome development in a nearby city that had very few reserves. designed the house form in a sloping way due to the climate of the region. designed the house form in a sloping way due to the climate of the region.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

JULY 14, 2023

No (or Limited) Discrimination Coverage This one is a problem that has only developed recently — within the last two years — as more and more appraisers are facing discrimination complaints and claims. We introduced temporary requirements in LL-2021-14 to address projects with significant deferred maintenance and special assessments.

Tools 77

Tools Appraisal Insurance Contracts 77

Appraisal Today

FEBRUARY 23, 2024

I find myself scouring 2021 onward especially. The truth is there are portions of 2021 and 2022 where prices are exactly the same as today too, so if I use an older comp, I don’t always need to adjust for the way the market has changed. But the waterfront building’s more-recent design is rooted in a nautical past.

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. To 2021 and beyond.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. But if for lending, it might be rejected on review by GSE computers or humans. bath, 10,405 sq.ft.,

Appraisal 78

Appraisal Construction Contracts Architecture 78

Empire Appraisal Group

AUGUST 12, 2021

Appraisers use three approaches to develop an opinion of the value of a home: The sales comparison approach looks at the subject property against similar, nearby recently sold properties. ANSI Z765-2021 , a standard for calculating square footage, from Home Innovation Research Labs. to the primary dwelling. More Resources.

Sellers 78

Sellers Appraisal Development Buyers 78

Housing Wire

JANUARY 26, 2024

They provide a multitude of professional development experiences, leadership opportunities, and annual conferences. Also understanding the importance of social media, Sotheby’s recently launched their newest media campaign, “Nothing Compares to What’s Next,” which was designed predominantly for use on social media.

Real Estate 416

Real Estate Brokerage Agents Real Estate Agent 416

Housing Wire

OCTOBER 16, 2023

The White House on Monday announced a series of new initiatives designed to boost U.S. homeownership, alongside data detailing housing aid that has been provided since 2021. New initiatives include allowing homebuyers to leverage income from accessory dwelling units (ADUs), expanding mortgage lending for U.S.

Design 454

Design Insurance Development Construction 454

Will Springer Realtor

FEBRUARY 8, 2023

Facebook (Meta) is evolving its office arrangements, leaving space in Seattle and Bellevue and contemplating additional contraction while opening a new lab (Frank Gehry-designed Building X) in Redmond later this year. Public development can be a great option for increasing the supply of homes. Home designers have been listening too.

Retail 36

Retail Design Development Landlords 36

Assurance Financial

AUGUST 9, 2021

Every year, the USDA uses its Rural Development program to invest about $20 billion in helping families across the United States buy and improve their homes. Below we’ve mapped out an overview of the USDA Rural Development Guaranteed Housing Loan Program, explaining how it works and if you’re eligible for loans. Direct Loans.

Home Improvement 74

Home Improvement Insurance Development Finance 74

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry. Valuation Equity.

Valuation 69

Valuation Technology Lending Real Estate 69