Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. On average, about 50% of referrals to a retail LO come from buyers’ agents, VanFossen said.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

FEBRUARY 3, 2022

Goldman Sachs ’s analysts wrote in a report to clients on January 6 that, overall, they remain negative on the group of nonbank mortgage originators for this year. Rocket is the largest mortgage originator in the country, but they are there mainly because of the size and substance of their retail direct lending, the call center,” he said.

Mortgage 382

Mortgage Retail Finance Investors 382

Housing Wire

DECEMBER 20, 2022

I have about five loan officers helping me, and I have more than 30 processors and assistants helping me. CK: Has there been layoffs at Loan Factory as well? Nguyen: I would say more than 100 layoffs at Loan Factory, and many of them also left voluntarily. We also help realtors follow up with their clients.

Business 74

Business Retail Realtors Loan Officers 74

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 393

Lending Real Estate Agent Loan Officers Retail 393

McKissock

APRIL 20, 2021

Despite your chosen work schedule, you’ll have to juggle clients who generally want their agents to be available around the clock. Receive basic training in contracts and how to price properties using comparative marketing analysis. Finding time for part-time real estate. Set clear expectations upfront about your availability.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

AUGUST 16, 2023

The speed of the rate hikes has shrunk gain-on-sale margins because mortgage companies haven’t contracted quickly enough to offset falling demand. Its in-house servicing is helping extend the client life cycle, something that bigger players have used to great effect with refis. But servicing performance has been exceptional.

Retail 370

Retail Real Estate Agent Business Mortgage 370

Appraisal Today

MAY 10, 2024

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. New FHA ROV Policy By Dave Towne, May 3, 2024 Excerpts: Up until recently, there has never been a standardized policy for mortgage loan related Reconsideration of Value (ROV) requests after an appraisal has been submitted.

Reconsideration of Value 69

Reconsideration of Value Appraisal Real Estate Insurance 69

Appraisal Today

SEPTEMBER 15, 2023

May a representative of the lender provide an appraisal management company a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer? This typically happens when an appraiser turns in an appraisal with an appraised value opinion lower than the sale contract price.

Appraisal 81

Appraisal Real Estate Agent Contracts Real Estate 81

Appraisal Today

SEPTEMBER 8, 2023

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.21 from 0.66 (including the origination fee) for 80 percent LTV loans.

Appraisal 79

Appraisal Contracts Business Construction 79

Appraisal Today

AUGUST 13, 2023

Anyway, I don’t mind going back in time and out further, but my preference in an appraisal report is to use older comps from the immediate neighborhood and adjust for how the market has changed since those properties got into contract. from 0.68 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.

Appraisal 74

Appraisal Contracts Real Estate Agent Mortgage 74

Appraisal Today

MAY 12, 2023

I’m always looking for something new ;> = How a Retrospective Appraisal Can Help In The Estate and Tax Planning Process By Tom Horne During the estate and tax planning process, one of the key concerns that clients often have is minimizing the tax burden on the heirs of an estate. percent from 6.50 percent from 6.37 percent from 6.43

Appraisal 52

Appraisal Architecture Business Contracts 52

Appraisal Today

OCTOBER 14, 2022

Consistent application of both quality control and quality assurance processes for appraisal review may also be in part a reason for improvement, as appraisers have a better understanding of what is needed by their client. I have always collected all the money owed from my lender clients using the collection techniques I write about.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

JANUARY 12, 2024

I always made them and never had any complaints from my lender clients. I worked for an assessor’s office in the late 1970s where we were making 2% per month time adjustments upward. Marketing to private money lenders Remember the old mortgage broker days of visiting an office and chatting with loan officers?

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

Appraisal Today

OCTOBER 21, 2022

Your clients count on you to let them know the market today, not in the past. My comments: The video presentation is a bit “over the top,” but the two guys have been doing these videos for many years, focusing on mortgage brokers and loan officers. from 0.61 (including the origination fee) for 80 percent LTV loans.

Appraisal 52

Appraisal Marketing Contracts Insurance 52