Remove 2023 Remove Contracts Remove Loan Officers Remove Real Estate Agent
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The 2022 housing market: A tale of two halves

Housing Wire

The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. Or will soon.

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Buydowns become key for buyers to beat the market

Housing Wire

As rates increase and housing prices correct in 2023, sellers will want to take advantage of improving their chances to do business with an excited buyer who can obtain a lower than market rate with seller participation,” Jeff Miller, vice president of Pacific Northwest at Churchill Mortgage , said. “It

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How top LO Thuan Nguyen plans to grow his business in 2023

Housing Wire

Forecasting another purchase market in 2023, Nguyen started using his proprietary software for something new – to pursue relationships with realtors. “I Read on for Nguyen’s new business strategies for 2023, how he plans to scale his business and prospects for the housing market. Connie Kim: Thuan, you hit a record $2.47

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Catch the No. 1 purchase mortgage originator on stage at HW Annual 2023

Housing Wire

My customer is the real estate agent. Loan officers — myself included — need to strengthen their mindset. My team, we work hand in hand with real estate agents, showing them how to compete and win in a multiple offer situation. For 2023, we feel that we are going to end the year very strong.

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How JVM Lending plans to expand without any loan originators

Housing Wire

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

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NAR Appraiser Survey July, 2023

Appraisal Today

NAR Appraiser Survey July, 2023 In July 2023, NAR Research conducted a survey of all 9,800 appraiser members and 50,000 randomly-selected residential-focused non-appraiser members. The survey results had a comparison of 2022 and 2023, which was very interesting. Updates to AIR and these FAQs were published in August 2023.

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DataDigest: Goldilocks and the big IMBs

Housing Wire

Most of the publicly traded IMBs cut costs in the first half of 2023, and several pledged to keep sharpening their knives. The speed of the rate hikes has shrunk gain-on-sale margins because mortgage companies haven’t contracted quickly enough to offset falling demand. As such, it’s unlikely that we’ll reach $1.8 UWM originated $31.8

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