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How the buyer commission lawsuits could upend the relationship between agents and LOs

Housing Wire

Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.” Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs.

Buyers 397
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How PCV Murcor provides high level of customer service

Housing Wire

PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. The biggest pain point we hear from our clients is turnaround time,” said Cindy Nasser, COO of PCV Murcor.

Clients 384
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Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators.

Training 366
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Working with buyers in the nation’s hottest housing market

Housing Wire

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

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The Similarities Between 2007 and Today

Appraisal Buzz

This left the appraiser wide-open to being a target of “a series of errors” that affected the credibility of the valuation results. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up. We are seeing that as a profession again. We analyze and report.

Appraisal 418
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Challenging a mortgage appraisal

Annarbor Appraisal

The first thing to remember as a consumer or real estate agent, is that the client is the lender, not the consumer. Even though the consumer may pay for the appraisal, they are no more the client than is the credit reporting agency or title company hired directly by the lender. Limit the number of sales to three if possible. •

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How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

Similarly, buyers began waiving inspection contract contingencies, which give the buyer options for negotiating remedies or price with the seller if the inspection reveals major issues. Q: How do automated valuation models (AVMs) come into play in the appraisal process?