Appraisal Buzz

JULY 25, 2022

Until recently, the mortgage industry has been satisfied to leave the work of empowering new buyers to their real estate agents, so that loan officers (LOs) could spend time focusing on the flood of refinance business that led to a $4 trillion mortgage market in 2021.

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Buyers Real Estate Agent Marketing Loan Officers 195

Housing Wire

MAY 20, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their market. Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Bethesda, Maryland.

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Housing Market Marketing Real Estate Agent Loan Officers 435

Appraisal Buzz

JUNE 7, 2021

Matt Hansen, founder and CEO of SimpleNexus , a mortgage origination platform for loan officers, borrowers, real estate agents and settlement agents, is stepping down from his CEO role to lead a newly formed skunkworks unit, the company reports.

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Real Estate Agent Loan Officers Real Estate Agents 221

Appraisal Buzz

NOVEMBER 17, 2021

Founded in 2011, SimpleNexus is a developer of mobile-first technology for loan officers, borrowers, real estate agents and settlement agents to manage the homeownership journey. The post nCino Acquires Digital Homeownership Software Company SimpleNexus appeared first on Appraisal Buzz.

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Real Estate Agent Loan Officers Real Estate Agents 195

Appraisal Buzz

NOVEMBER 8, 2021

SimpleNexus , a homeownership platform designed for loan officers, borrowers, real estate agents and settlement agents, now allows users to gather initial loan information in Spanish.

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Real Estate Agent Loan Officers Design Real Estate 195

Appraisal Buzz

OCTOBER 18, 2021

SimpleNexus , a homeownership platform developer for loan officers, borrowers, real estate agents and settlement agents, has acquired Georgia-based software firm LBA Ware. The post SimpleNexus Adds Business Intelligence Tools with LBA Ware Acquisition appeared first on Appraisal Buzz.

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Tools Business Real Estate Agent Loan Officers 195

Appraisal Buzz

SEPTEMBER 2, 2021

SimpleNexus, developer of the platform for loan officers, borrowers, real estate agents, and settlement agents, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider, the company announced in a press release.

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Real Estate Agent Loan Officers Design Real Estate 195

Appraisal Buzz

SEPTEMBER 2, 2021

SimpleNexus , developer of the homeownership platform for loan officers, borrowers, real estate agents and settlement agents, is now a Fannie Mae- and Freddie Mac-reviewed eClosing solution provider. eMortages are faster, offer improved data quality and can be cheaper to execute than.

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Real Estate Agent Loan Officers Design Real Estate 195

Housing Wire

SEPTEMBER 30, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This is sick, and I want it to end,” said Sharon Aubuchon, a RE/MAX Premier Realty agent in Prairie Village, Kansas a suburb of Kansas City. “It Kansas City, Missouri.

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Housing Market Marketing Real Estate Agent Loan Officers 345

Housing Wire

MARCH 11, 2022

Because Fairway gets most of its reverse mortgage business from referral partnerships, extending to the purchase market made sense for Fairway because of the partnerships that its loan officer corps has spent so much time developing, according to Hultquist. And so, they know the local real estate agents.

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Business Real Estate Agent Real Estate Loan Officers 343

Housing Wire

JUNE 28, 2023

Depending on their FICO scores, loan amounts and debt-to-income (DTI) ratios, borrowers have the option to choose from four available bank statement loan options. All four loans require separate appraisals from two different appraisers for loan amounts over $1.5 No mortgage insurance is required.

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Real Estate Agent Insurance Lending Real Estate 353

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2

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Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. The fees are typically lower than in new loans, and no appraisal is needed. Tozer suggested “a fee of 1.3%

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Mortgage Loan Officers Government Buyers 387

Appraisal Buzz

MAY 17, 2021

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. Many allegations related to appraisals that used inappropriate comparable sales that were used to “make” a deal work.

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Appraisal Clients Real Estate Sellers 418

Housing Wire

FEBRUARY 21, 2023

The industry is buzzing with conversations around appraisal modernization — for good reason. Appraisal modernization reduces origination cycle time, bolsters appraiser capacity and helps lenders deliver a more seamless and transparent borrower experience.

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Modernization Technology Real Estate Agent Valuation 319

Housing Wire

JUNE 1, 2023

Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based based think tank Urban Institute to hear their takes.

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Loan Officers Insurance Mortgage Real Estate Agent 345

Housing Wire

DECEMBER 11, 2023

Today’s reality of affordability But imagine if Bob’s appraisal had been lowballed? Or, if he had not even been able to purchase that particular home because he was steered elsewhere or was unfairly denied the loan he needed? This doesn’t take into account any of his pension as an auto plant worker. homeownership.

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Real Estate Agent Real Estate Agents Lending 455

Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. According to local Brixstone Real Estate agent Mandy Nichols, it is for a good reason. Bluffton, South Carolina. This, of course, has come at a cost.

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Housing Market Marketing Real Estate Agent Real Estate 410

Realtor

OCTOBER 16, 2023

And while there are ways to lower those costs , navigating the home loan process is extremely complicated—particularly for first-time homebuyers. “Learn about the types of loans before talking with a professional to know the right questions to ask.” ” 9. .

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Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

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Real Estate Agent Loan Officers Real Estate Agents 450

Annarbor Appraisal

SEPTEMBER 6, 2020

Challenging the results of the appraisal for mortgage financing. The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. The appraisal is for their benefit, but at the same time, the appraiser needs to complete a fair and supportable valuation.

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Mortgage Appraisal Appraisal Mortgage Reconsideration of Value 78

Birmingham Appraisal

SEPTEMBER 15, 2022

What New Homebuyers Need To Know About Appraisals. In this new homebuyer’s guide to appraisals, I’ll help you understand the process during your first home purchase. I would like to do my part by informing and educating you on the appraisal part of the transaction. What is a Mortgage Appraisal?

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Housing Wire

APRIL 7, 2021

” Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Online real estate has trickled down to all aspects of the industry, including with appraisals, closings, and underwriting.

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Housing Market Marketing Real Estate Technology 545

Genworth MI Blog

JULY 13, 2023

Prospective borrowers, especially first-time homebuyers, need to be ready for what they’ll encounter during the homebuying process, including home appraisals. This is true for appraisals, too. Recent trends are surfacing, and more instances of hybrid appraisals are changing how appraisals are conducted.

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Appraisal Inspection HOA Real Estate 78

Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. San Diego, California.

Housing Market 368

Housing Market Marketing Real Estate Agent Agents 368

Birmingham Appraisal

FEBRUARY 8, 2023

All Appraisals Are Not The Same All appraisals are the same, right? Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not.

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Realtors Appraisal Market Value Real Estate Agent 77

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Annapolis, Maryland.

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Housing Market Marketing Buyers Agents 392

Kairos Appraisal Services

JANUARY 9, 2023

Property comparables, called “property comps” for short, play a significant role in the home appraisal process.

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Real Estate Agent Appraisal Process Loan Officers Real Estate 52

Cleveland Appraisal Blog

DECEMBER 31, 2021

The Cleveland Appraisal Blog provides a few ideas below. While most people choose to sell their home through a real estate agent, others feel more comfortable managing this type of situation themselves. And a big thank you to all in the real estate profession! – APPRAISAL TODAY.

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Real Estate Appraisal Real Estate Agent Buyers 195

Housing Wire

NOVEMBER 8, 2021

But because inventory remains at record lows, home prices have soared to astonishing highs, and bidding wars still occur in housing market across the country, Pascoe and other real estate agents on the buy-side have had to go the extra mile to fight for their VA clients. Terms are also really important.

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Clients Agents Buyers Sellers 411

McKissock

APRIL 16, 2021

With home-sale prices hitting a record high, the appraisal gap has created friction among agents, lenders, and appraisers. Appraisal waivers have exploded during the COVID-19 pandemic. The President of The Appraisal Foundation discusses the foundation’s outlook for 2021. ” Read the full article here.

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Housing Market Appraisal Marketing Real Estate Agent 59

Housing Wire

MARCH 1, 2022

Global DMS emphasizes that their appraisal management software product EVO prevents the need to hire additional staff while also decreasing turn times for less cost. Certain Fiserv clients have expanded their active QC review from 10% of loan volume to 100% without increasing staff. And, why not? However, it didn’t work.

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Real Estate Brokerage Real Estate Agent Technology 349

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Our local market feature spotlights five different areas across the country for each HousingWire Magazine. Rapid City, South Dakota. Rapid City, South Dakota.

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Housing Market Marketing Real Estate Real Estate Agent 334

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Running the table in a real estate transaction is not for the faint of heart, nor for the passive.

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Real Estate Agent Real Estate Project Management Agents 309

Housing Wire

APRIL 29, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Conway, Arkansas.

Housing Market 352

Housing Market Marketing Agents Real Estate 352

Lamacchia Realty

JANUARY 23, 2023

This is when you will meet a loan officer from various mortgage companies. Each mortgage lender will scrutinize your financial background and use this info to determine whether to loan you money and what size monthly payment you can afford. Step 4: Find a real estate agent. Step 7: Get a home appraisal.

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Real Estate Agent Inspection Realty Real Estate 71

Realtor

FEBRUARY 13, 2023

USDA direct loan applicants, on the other hand, will submit their paperwork to their Rural Development office. Step 6: Sign a purchase agreement and get an appraisal Once you find a home you love, you will work with your real estate agent and loan officer to make an offer and sign a purchase agreement with the seller.

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Development Loan Officers Appraisal Finance 156