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Liberty Reverse parent receives shareholder approval for rebranding

Housing Wire

On Monday, Ocwen filed articles of amendment to its articles of incorporation in Florida, which is the first step to formally change the name, effective June 10. Starting that day, the company will begin trading on the New York Stock Exchange (NYSE) under its new ticker symbol, “ONIT.”

Contracts 349
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Do Appraisal Gap Clauses Impact Appraisals?

Cleveland Appraisal Blog

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? An appraisal gap clause can be written into a contract. In this hot market, it’s not surprising that this type of clause is being written into some contracts. But not always. Think about this.

Appraisal 402
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David Stevens, former FHA Commissioner and MBA President, has died

Housing Wire

He left for Freddie Mac in 1995, where he was senior vice president of single family lending and led product development, credit risk and contract negotiations for all single family businesses. Stevens oversaw FHA programs for single and multifamily housing for two years. This is a breaking new story. Check back for updates.

Finance 453
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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. Perhaps the most important trait for a commercial real estate developer is the ability to identify an ideal piece of land. Image by Unsplash. Network to get funding.

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How to become a luxury real estate agent

Housing Wire

What we would like to focus on for the purposes of this article are the top 10-20% premium properties in your market. Develop in-depth knowledge, showcase your expertise, and position yourself as the go-to authority in that property or market niche. Visit Coffee & Contracts 2.

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The state of the homebuilding market

Housing Wire

This article is part of our 2022 – 2023 Housing Market Update series. Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. Homebuilding Contract Values.

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What’s in a Sales Contract? Insights from a Seasoned Appraiser

McKissock

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?