Housing Wire

MARCH 15, 2023

The Silicon Valley Bank and Signature Bank failures that occurred over the last week have caused even more uncertainty within the mortgage industry. Meanwhile, mortgage lenders are still trying to calm down their investors and business partners. ” The latest Mortgage Bankers Association (MBA) survey proved Deitch right. .

Mortgage 370

Mortgage Clients Retail Marketing 370

Housing Wire

JUNE 29, 2023

loanDepot is accusing its competitor Movement Mortgage of damaging its business by hiring over 25 employees in three months and “effectively crippling” “now-depleted” branches. It also accuses Movement of inducing these employees to breach contracts by soliciting others to leave loanDepot.

Retail 408

Retail Contracts Legal Business 408

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Assisting homebuyers and their agents adds more to an LO’s plate.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. In 2012, Dmitry Godin was seemingly on top of the world.

Mortgage 369

Mortgage Loan Officers Retail Training 369

Housing Wire

FEBRUARY 3, 2022

Investors have largely shunned nonbank mortgage stocks, and analysts believe the hard times are still ahead. Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom. How could they resist? Finance data.

Mortgage 382

Mortgage Retail Finance Investors 382

Housing Wire

APRIL 7, 2023

While an influx of defaults could certainly harm banking institutions, this is the fear-mongering I advise my team and my clients to avoid. When this back and forth was unfolding, mortgage demand rose 2.9% When this back and forth was unfolding, mortgage demand rose 2.9% Let’s look at the retail industry, for instance.

Retail 388

Retail Real Estate Clients Modernization 388

Housing Wire

DECEMBER 21, 2021

Numerous shops, including Better.com , Interfirst Mortgage , and Freedom Mortgage have announced layoffs in the past few weeks, and some LOs worry their jobs may also be on the chopping block. According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry.

Loan Officers 433

Loan Officers Retail Business Mortgage 433

Housing Wire

DECEMBER 2, 2020

Finance of America , which operates through retail, wholesale and correspondent channels, reported $242 million in income during the third quarter, a 66% increase from the second quarter. As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. Presented by: WFG.

Finance 234

Finance Lending Retail Business 234

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. To ensure that all parties are in agreement, you should compose contracts for all contractors and clients you do business with. Invest in marketing. Be clear with contractors.

Real Estate 303

Real Estate Development Appraisal Contracts 303

Appraisal Today

NOVEMBER 24, 2023

The Surfing Appraiser Riding the Waves of Up and Down Mortgage Rates By Mark Buhler Excerpts: Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. I got the client to write a letter to the state indicating my report did not mislead them, yet the state sanctioned me for it anyway!

Appraisal 75

Appraisal Mortgage Business Contracts 75

Housing Wire

AUGUST 23, 2023

According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. Better wants to sell this platform to other companies, becoming a “mortgage-as-a-service” company or a white-label provider of mortgage tech, Garg said. ” And what is Better.com best at?

Realtors 370

Realtors Technology Insurance Mortgage 370

Housing Wire

DECEMBER 20, 2022

He built features that cater to realtors’ needs – such as weekly updates on the housing market, daily alerts of mortgage rates and keeping real estate agents informed of borrowers’ pre-approval status. How has your software helped build relationships in a purchase mortgage-dependent market? We track that. We show our appreciation.

Business 74

Business Retail Realtors Loan Officers 74

Appraisal Today

JULY 28, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, USPAP and Bias, Fannie changes, unusual homes, mortgage origination Futuristic in Folsom, CA, near Sacramento for $2,395,000 4bed 4.5+bath It additionally says that the client communicates most of the information necessary. What’s next?

Appraisal 80

Appraisal Contracts Mortgage Clients 80

Appraisal Today

JULY 1, 2023

When I started fee appraising in 1986, my first client was a small local bank with a few nearby branches. Their volume went up and down with mortgage rates, but they always had some appraisals to fee out. percent compared with March, while mortgage rates dipped by 0.2 June 28, 2023) — Mortgage applications increased 3.0

Appraisal 86

Appraisal Contracts Market Value Mortgage 86

Dart Appraisal

APRIL 30, 2021

Once the party or parties have signed the engagement letter or indicated acceptance of an appraisal order, the letter or correspondence to an appraiser serves as a contract. Vacant land, retail, industrial, multi-family, etc. . Vacant land, retail, industrial, multi-family, etc. . What are the value scenarios being requested? .

Contracts 69

Contracts Appraisal Tips Appraisal Clients 69

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 71

Reconsideration of Value Appraisal Real Estate Insurance 71

Appraisal Today

JULY 21, 2023

NOTE: Please scroll down to read the other topics in this long blog post on changing real estate market, interest rate forecasts, non lender appraisals, foreclosures way down from 2008, Freddie and ANSI, unusual homes, mortgage origination stats, etc. Communicating with non-lender clients: Very different from lenders.

Appraisal 90

Appraisal Real Estate Contracts Business 90

Appraisal Today

JANUARY 5, 2024

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. – Work on getting a more positive attitude toward your clients, fees, etc. Pick one client to start with. Excerpts: 4 Bedrooms, 4.5

Appraisal 76

Appraisal Contracts Legal Business 76

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = They can tell their clients that their data collectors are qualified, as compared with their competitors.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

MARCH 31, 2023

And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. The only reason for these changes are about a piece of the 11 TRILLION dollar mortgage market. But how do you contact potential clients and referral sources? Secondly, the 3rd party inspection is sent to a licensed appraiser.

Appraisal 52

Appraisal Contracts Inspection Clients 52

Appraisal Today

SEPTEMBER 22, 2023

An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. Mortgage interest rates ALWAYS go up and down. Most lender appraisers have little work. == Mortgage applications increased 5.4 September 20, 2023) — Mortgage applications increased 5.4 I understand.

Appraisal 87

Appraisal Training Inspection Real Estate 87

Appraisal Today

DECEMBER 8, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable? Investor purchases of U.S.

Appraisal 67

Appraisal Real Estate Contracts Design 67

Appraisal Today

APRIL 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, forms to reports modernization, AMCs, earthquake risk, unusual homes, mortgage origination stats, etc. == == Rare Coastal Contemporary Manchester, MA, for $9M Excerpts: 5 bedroom, 4.5 Mortgage applications increased 3.3 bath, 5,258 sq.ft.

Appraisal 68

Appraisal Contracts Valuation Design 68

Appraisal Today

APRIL 21, 2023

Increased numbers of state appraisal boards are looking at complaints against appraisers from the standpoint of the consumer, rather than that of the client and/or the intended user(s). As all appraisers are aware, the consumer has no standing with the appraiser (assuming the consumer is not the named client or intended user).

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Appraisal Today

JUNE 23, 2023

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. A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure.

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Appraisal Today

NOVEMBER 4, 2022

It can help you get more business from AMCs (and other lender clients). I keep my advertising clients and this newsletter’s content separate. NOTE: Please scroll down to read the other topics in this long blog post on AMCs, non-lender appraisals, liability, ROVs,unusual homes, mortgage origination stats, etc. ==.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. It looks like the change is starting because of increasing mortgage interest rates. USPAP and the Contract. They think it is a contract to hit (it isn’t).

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Housing Wire

AUGUST 16, 2023

The biggest nonbank mortgage lenders in America saw improved performance in both origination and servicing segments in the second quarter, capitalizing on the continued mortgage pullback from banks. As we’ve reported, that trend looks sticky, which could help change the fortunes of top independent mortgage banks sooner than expected.

Retail 368

Retail Real Estate Agent Business Mortgage 368

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 392

Lending Real Estate Agent Loan Officers Retail 392

Appraisal Today

FEBRUARY 23, 2024

NOTE: Please scroll down to read the other topics in this long blog post on residential fee appraiser testifies at bias hearing, what happens to Fannie complaints, Why I love real estate appraising, unusual homes, mortgage origination stats, etc. == Concrete Chateau Artisan Rising From a Lake in Miami FL Is Available for $21.8M

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Appraisal Today

DECEMBER 2, 2022

NOTE: Please scroll down to read the other topics in this long blog post on George Harrison passed, Appraisal business, marketingunusual homes, mortgage origination stats, etc. Which is MOST important for building strong appraisal-client relationships? trillion overall in mortgages in 2023, down 12% from 2022 and down 3.5%

Appraisal 81

Appraisal Agents Real Estate Real Estate Agent 81

The Robert Weiler Company

MARCH 29, 2023

Also, you can sometimes obtain maintenance services at a discounted rate when the work is contracted through the property management company. Do you have a preferred method of communication with clients? Is there a fee for early termination of the property manager company contract? Reduce legal concerns.

Property Management 78

Property Management Tenants Real Estate Investors 78

Appraisal Today

OCTOBER 27, 2023

Going Above and Beyond with AMCs and Other Clients 5. Some are busy, usually in rural areas and/or non-lender appraisals. == Mortgage applications decreased 1.0 October 25, 2023) — Mortgage applications decreased 1.0 October 25, 2023) — Mortgage applications decreased 1.0 Networking With a Passion 2.

Property Appraisal 72

Property Appraisal Appraisal Business Contracts 72

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

APRIL 14, 2023

NOTE: Please scroll down to read the other topics in this long blog post on liability, appraisal errors, non-lender appraisals, Fannie non-appraisal options, unusual homes, mortgage origination stats, etc. It is a place where we can show our clients just how valuable an appraisal can be.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Appraisal Today

JULY 7, 2023

You may lose a client. While higher mortgage rates remain a challenge, the year-over-year price decrease may help stimulate future sales. However, the “mortgage lock-in” phenomenon—where homeowners are reluctant to sell after buying or refinancing at lower rates before 2022—could limit future sales and inventories.

Appraisal 77

Appraisal Real Estate Contracts Mortgage 77

Appraisal Today

FEBRUARY 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AMC layoffs, adjustments, your business voicemail, unusual homes, mortgage origination stats, etc. == 11 of the Most Remote Homes in the World From the “Loneliest House in the World” to the smallest inhabited island, these homes are as beautiful as they are secluded.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52