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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

The last two years have been a wild ride. We’ve had the sharpest and yet also the shortest recession in history, record-low mortgage rates leading to record origination volumes, and record home prices as housing demand far outstripped supply. Odds are that this turn in the pandemic will likely be just a temporary setback.

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The last stand for forbearance housing market crash bros?

Housing Wire

Not the forbearance plans themselves, which allowed mortgage holders to delay their payments for many months, but the fact that 2.72 Forbearance will have to end at some point, and when it does, couldn’t all these homes flood the housing market at once, driving prices down and scaring would-be homeowners away from purchasing?

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Non-Arms Length Sales for Appraisers

Appraisal Today

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. It’s a good discussion of this topic.

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Appraisals: Using Comps Across a Freeway?

Appraisal Today

I don’t normally pull comps across a highway In so many cases it’s an awful idea to cross a major road or highway to pull comps because a highway sometimes separates markets that are far different in age, square footage, lot size, architecture, price point, school district, etc…. Are you looking for new ways to improve your efficiency?

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USPAP Myths for Appraisers

Appraisal Today

These represent the first changes to USPAP in four years. NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. Excerpts: 4 Bedrooms, 4.5

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Originators gear up for the purchase market

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. At the onset of the Coronavirus pandemic, the mortgage industry was preparing for absolute disaster. trillion, according to the MBA.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Read this article on how to check CO detectors. My comments : Read this article, especially how to identify and check CO detectors. NOTE: Please scroll down to read the other topics in this long blog post on Fannie and Competency, mortgage rates, extraordinary assumptions, vacant l and, unusual homes, mortgage origination stats, etc.