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Mortgage lenders, borrowers react to banks closures 

Housing Wire

” The MBA survey shows that the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) was 6.71% last week, down from the previous week’s 6.79%. Silicon Valley Bank collapsed last week after it lacked the liquidity to pay for clients’ withdrawals.

Mortgage 368
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Real Estate Risk Management: Putting Clients’ Interests First

McKissock

Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Real estate risk management is an important concern for agents.

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Appraiser Liability Risks

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. Why you need this book Have you ever had to appraise a home with “no comps”? A home modified for handicapped access?

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. And if you work in real estate, be prepared to serve clients in all stations of life. Motivational books and recordings help you stay up when business is stressful. The good times and the hard times.

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Here’s What to Know Before Relocating

Lamacchia Realty

Just announced as well, Lamacchia Realty now offers consulting services for clients looking to relocate Florida ! To do this, you’ll want to book travel arrangements early: flights, cross-country drives, trains, pet travel arrangements, etc. If you’re moving long-distance, make sure to use a reputable, insured moving company.

Realty 62
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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. These may be full-time jobs or contracted services. Uniform Appraisal Standards for Federal Land Acquisitions (Yellow Book) – 14 hours.

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Assignments for 4 Types of Commercial Appraisal Review Clients

McKissock

Commercial appraisal review assignments flow from different types of clients, each with their own intended use, required scope of work, and set of concerns for the reviewer to be aware. Government clients. In addition to reviewing an existing appraisal, these assignments sometimes entail performing a new appraisal for your client.

Clients 73