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New American Funding cofounders talk expansion, prospects for 2023

Housing Wire

Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house. Kim: NAF bought Marketplace Home Loans in 2018. Are there plans to acquire a regional purchase lender?

Retail 328
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A look behind this year’s Tech100 winners

Housing Wire

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ Certain Fiserv clients have expanded their active QC review from 10% of loan volume to 100% without increasing staff. Knock.com offers solutions for both buyers and sellers.

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New Homes vs. Old Homes: Which Is Right For You?

PennyMac

Is it a classic Victorian set far back from the road with stately elm trees shading the formal garden, or a brand-new split level in an up-and-coming housing development with a communal pool, tennis courts, and a playground for the kids? What does your ideal home look like? Old vs. new: It's an age-old debate. Established neighborhoods.

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Data Collectors: Appraisers vs. Uber Drivers

Appraisal Today

Whimsical Casa Luna Bounces Onto the Market in Big Sur for $6,600,000 (dropped from $7M in December 2022) (Mickey) Manning architecture and designed homes to complement their natural surroundings. In 2000 and 2002, Architectural Digest named him one of the top 100 architects in the United States.

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Appraising Airbnb Properties

Appraisal Today

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. The community is part of a wider development in Georgetown, Texas called Wolf Ranch. Mortgage applications declined to the lowest level since December 1996, despite a drop in mortgage rates.

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Appraisal Time Adjustments Underutized

Appraisal Today

Ignoring market conditions adjustments makes us look incompetent to buyers, sellers, lenders, Realtors, and the general public. The small rate declines expected will aid affordability to a minor degree after the surge in housing costs for buyers in 2022–2023. An architectural smooth curved arc ceiling. Custom home on 8.86