Housing Wire

MAY 18, 2022

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

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Housing Wire

JUNE 6, 2022

In a letter to the FHA , Sharon Whitaker, vice president of the ABA, said the 40-year loan modification will help borrowers retain their homes after default and help mitigate losses to FHA’s Mutual Mortgage Insurance Fund. Lunch & Learn: Should there be a 40 year mortgage? Presented by: Stavvy.

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Insurance Mortgage Realtors Housing Market 413

Housing Wire

NOVEMBER 18, 2022

A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Modernizing origination to stay competitive in today’s housing market. Presented by: ServiceLink.

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Loan Officers Modernization Finance Housing Market 388

Housing Wire

MARCH 13, 2023

The rollercoaster ride the housing market has been on for the last three years has ended. Instead of twists and turns, we believe the market will surprise us this year… simply by being boring. In a boring market, it’s more important than ever to stand out from the crowd. We want to show you how to do just that.

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Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. based firms on percentage revenue growth from 2019 to 2022. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. 436 in 2022 to No.

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Housing Wire

OCTOBER 29, 2021

Jones was also recently installed as vice chairman of the Mortgage Bankers Association for the 2022 membership year. The learning from that era: when you are committed to doing business the right way, doing right by the consumer, and following a strong ethical compass, you will survive through the market cycle and succeed in this business.

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Loan Officers Insurance Business Finance 284

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. in 2022, the weakest showing since 2014.

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Housing Wire

OCTOBER 15, 2020

Along with the rest of the economy, the housing market has been dealing with the fallout of a global pandemic, leading to an uncertain “new norm.” ” In a HousingWire panel on Tuesday, Rohit Gupta, CEO and president of Genworth Mortgage Insurance , and Tom Wind, executive vice president of consumer lending at U.S.

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Housing Wire

MAY 17, 2022

“I am confident that she will bring a depth of expertise and perspective to FHA at a critical time for our country’s housing market.”. Housing industry stakeholders have a lengthy list of changes they hope Gordon will implement. Toomey, in a statement published in May 2022, also criticized Gordon’s career in housing.

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Lamacchia Realty

JANUARY 10, 2022

The housing market around the Greater Boston area is enduring a market climate never seen before as a result of the COVID-19 pandemic. Now in 2022, it’s predicted that inventory will continue to stay low and competition will remain immensely high. Consider Waiving Inspection. Additional Resources. Buyer Resources.

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Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. People may want to hire someone to take photos of personal property items that they would like to document that they possess for insurance purposes.

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Business Appraisal Real Estate Agent Clients 393

Real Quantum

FEBRUARY 24, 2021

For instance, Illinois has the tenth highest insured unemployment rate in the country at 7.6%. This is the percentage of people currently receiving unemployment insurance. Bloomberg reports that many commercial properties won’t be able to bounce back until 2022 — particularly, hotels, offices, and retail properties.

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Appraisal Today

OCTOBER 14, 2022

Additionally, the tools available to both appraisers and appraisal reviewers have undergone iterative process changes and users have advanced further up the learning curve. In the October 2022 issue of the monthly Appraisal Today Newsletter. Redfin Survey October 07, 2022. Lenders want fire insurance for all mortgage loans.

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Housing Wire

FEBRUARY 14, 2022

“And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. Some agents, like ones at RE/MAX , even pay the brokerage fees for office space and marketing tools. Agent count crested at 2,456 in June before declining to 2,370 at the end of September.

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Business Brokerage Real Estate Agent Agents 360

Lamacchia Realty

MARCH 12, 2024

Here are a few homes that recently sold for over-asking price: Escalation Clause In certain circumstances, an escalation clause can be a great tool to raise your chances of beating other offers. Homes selling over-asking price has become much more common over the last couple of years, especially right now.

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Lamacchia Realty

FEBRUARY 22, 2023

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market.

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Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? 2023 E&O Insurance Brokers Risks of Expert Work by Claudia Gaglione, Esq A long article from Claudia with 4 very good case studies. Dear Sellers, the housing market misses you It’s tough to value properties today! government debt rating.

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Appraisal Today

AUGUST 18, 2023

This tool is excellent for making copies of tax records, floor plans, etc. Listen in as Bryan Reynolds reviews what USPAP says and suggests ways for appraisers to handle appraisal reports if you don’t have the data tools you need to create credible results. Genius Scan This app gets a lot of love from appraisers.

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Will Springer Realtor

DECEMBER 8, 2021

Analysts believe items that are now in shorter supply – major appliances, computer chips and specialty goods, to name a few – will return to shelves and front porches by the end of 2022 as the pandemic (hopefully) ebbs. Economists forecast housing starts will rise a promising 5% in 2022. construction jobs in the U.S.,

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