Housing Wire

JUNE 30, 2021

During this period of significant opportunity for purchase transactions and refinances, brokers and wholesale correspondents (non-delegated) need to align to wholesale lenders that provide deep industry expertise, comprehensive products and efficient operational support to support their clients’ strategies. 1 VA, FHA and GNMA lender.”.

Mortgage 198

Mortgage Clients Training Government 198

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. United Wholesale Mortgage (UWM) is solely focused on growing the wholesale channel and helping independent brokers thrive. “At 1 wholesale mortgage lender in the nation for six years running.

Tools 302

Tools Training Technology Clients 302

Housing Wire

NOVEMBER 10, 2022

Mortgage lenders have imposed new rounds of layoffs in the fourth quarter, reflecting a dreadful landscape for originators. . This week, the latest Freddie Mac weekly survey data showed that the 30-year fixed-rate mortgage increased to 7.08%, up 13 basis points compared to last week. Rates averaged 2.98% this time last year. “As

Mortgage 370

Mortgage Loan Officers Lending Business 370

Housing Wire

NOVEMBER 2, 2023

HousingWire recently spoke with Mack Walker, SVP of capital markets at Deephaven Mortgage , about how the year went for the non-QM sector and what’s in store for the industry in 2024. Mack Walker: The non-QM sector is similar to other sectors in the mortgage space that endured headwinds throughout 2023 relative to volume in past years.

Investors 434

Investors Real Estate Lending Loan Officers 434

Housing Wire

FEBRUARY 8, 2022

Newport Beach, California-based Excelerate Capital , a long-time non-QM lender with a growing market presence, finalized its acquisition of Castle Mortgage Corp. And one of our strategic plans for our growth is we’re really bolstering up our retail division in 2022.”.

Marketing 369

Marketing Retail Lending Mortgage 369

Housing Wire

MARCH 24, 2021

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. Then you might as well just go work for UWM retail. “I would say it’s in every mortgage broker agreement. .”

Real Estate Agent 382

Real Estate Agent Retail Real Estate Design 382

Housing Wire

JANUARY 24, 2023

United Wholesale Mortgage ‘s (UWM) aggressive moves to gain an edge on the competition tend to provoke controversy. “It’s a risk management issue: some clients would say, ‘I understand there are some gray areas, but I’m willing to take the risk.’ Ultimately, they would be denied access to mortgages.

Lending 369

Lending Law Legal Training 369

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Some states may even require the completion of a specific training program before you can apply for licensure. Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. Setting Yourself Up for Success in Real Estate Development. Invest in marketing.

Real Estate 303

Real Estate Development Appraisal Contracts 303

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

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. Most of the inspection training we receive as appraisers happens in the field. That was my training.

Appraisal 87

Appraisal Training Inspection Real Estate 87

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

Housing Wire

DECEMBER 19, 2022

Rocket Mortgage , once the largest mortgage originator in the country, capitalized on the all-time low mortgage rates during the pandemic years, racking up record profits through an enormous amount of refinances. Worse, Rocket lost its origination crown to its chief antagonist, United Wholesale Mortgage. trillion in 2022.

Mortgage 403

Mortgage Real Estate Agent Clients Business 403

Dart Appraisal

APRIL 30, 2021

Vacant land, retail, industrial, multi-family, etc. . Who is the client and all intended users with addressees? . It is essential to utilize qualified and trained individuals for all valuations. Our commercial engagement letter is very comprehensive and has been successful for our clients and the appraisers.

Contracts 69

Contracts Appraisal Tips Appraisal Clients 69

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. I feel she’s going to know what the national average (for a 30-year fixed mortgage rate) is at around 6.8%. She’s well educated.

Loan Officers 418

Loan Officers Mortgage Lending Real Estate Agent 418

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

DECEMBER 2, 2022

I don’t know if Realtors can be re-trained to see value rather than price. I know some successful agents who were trained as appraisers and appraised for awhile. In the early 90’s, he spent time in Moscow and Bulgaria training appraisers, as well as hosting some of them here. To read the letter (PDF), click here.

Appraisal 81

Appraisal Agents Real Estate Real Estate Agent 81

Housing Wire

APRIL 25, 2024

The days of running back to the office to write a tricky email to a client, follow up with a lead, or post on social media are long gone — and they’re never coming back. It’s also an ideal tool for working with clients requiring the personal touch only video can provide.

Real Estate 410

Real Estate Agents Open Houses Tools 410

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

APRIL 19, 2024

For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. There are 12 principal forms used for a mortgage origination appraisal. bath, 5,258 sq.ft.

Appraisal 68

Appraisal Contracts Valuation Design 68

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

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

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. Office buildings, retail spaces, industrial complexes and other CRE properties generally command higher price tags and offer greater revenue-generating potential compared to residential properties.

Brokerage 411

Brokerage Real Estate Development Investors 411

Appraisal Today

JULY 7, 2023

You may lose a client. In the past, appraisers were trained by FHA to redline, with lower values in Black neighborhoods. While higher mortgage rates remain a challenge, the year-over-year price decrease may help stimulate future sales. Varies widely around the country. == Mortgage applications decreased 4.4

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

Housing Wire

APRIL 20, 2022

eVaults are an integral part of any end-to-end digital mortgage transformation. within the mortgage ecosystem. A portfolio lender, for example, might want to add an eVault to offer eClosings and eNotes that enhance their borrower experience and help them compete more effectively against national retail lenders.

Lending 360

Lending Investors Technology Business 360

Appraisal Today

FEBRUARY 24, 2023

NOTE: Please scroll down to read the other topics in this long blog post – Bias, Cost cutting, slow business, unusual homes, mortgage origination stats, etc. AMCs had taken over the mortgage-lending work. Varies widely around the country. == Mortgage applications decreased 13.3 Budget cuts. Retraction.

Appraisal 52

Appraisal Architecture Valuation Business 52

Appraisal Today

FEBRUARY 16, 2024

Many downtown mixed-use buildings (retail and apartments) are in my city. NOTE: Please scroll down to read the other topics in this long blog post on appraiser fights back against bias accusation, ok behavior when taking Zoom CE classes, estate appraisal liability issues, unusual homes, mortgage origination stats, etc. =

Appraisal 81

Appraisal Contracts Training Architecture 81

Appraisal Today

APRIL 12, 2024

Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value. Pluses and minuses of the many different types of non-lender appraisals to help you choose what you want to do Communicating with non–lender clients: Very different from lenders.

Appraisal 78

Appraisal Construction Contracts Architecture 78

Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. My wife asked me why I did this?

Appraisal 70

Appraisal Modernization Training Business 70

Appraisal Today

SEPTEMBER 2, 2022

A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients. Educate your appraisal clients. Does it depend on who trained you? Working with difficult appraisal clients.

Appraisal 52

Appraisal Contracts Clients Real Estate 52

McKissock

JUNE 8, 2021

In this case, he was also the client. He was buying an 1800s Victorian house in which his parents had operated a retail business for many years. ” I’d call her “ignorant” (lacking in education, training, or knowledge…a person who is ignorant is one who is uninformed or is unaware of a subject or fact).

Appraisal 73

Appraisal Contracts Clients Law 73

Appraisal Today

APRIL 28, 2023

Call the client and have them re-assign the order? Setting client expectations is a critical first step in any real estate appraisal assignment. Make sure you’re fully aligned with your client every step of the way in order to set the tone and help prevent potential dissatisfaction… 2. What to do? Those are certainly options.

Appraisal 52

Appraisal Real Estate Business Contracts 52

Appraisal Today

DECEMBER 15, 2023

Wells Fargo, other mortgage lenders under scrutiny for mortgage pricing exceptions: CNBC December 11, 2023 Excerpts: Wells Fargo, once the largest mortgage lender in America, was accused of discrimination through the common industry practice of offering mortgage loan discounts to select borrowers, CNBC reported.

Appraisal 78

Appraisal Contracts Business Mortgage 78

Appraisal Today

OCTOBER 13, 2023

Depending on how you were trained, at the beginner level you typically view appraisals as forms — forms with checkboxes to be checked or left blank. For as long as I have been appraising, lenders had special lists for the tough ones, or for a valuable bank client that borrows money from the bank and has large deposits.

Appraisal 81

Appraisal Law Contracts Business 81

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B AI has to be trained on good data. May 24, 2023) — Mortgage applications decreased 4.6

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

JUNE 2, 2023

NOTE: Please scroll down to read the other topics in this long blog post on FHA and ADUs, non-lender appraisals, unusual homes, mortgage origination stats, etc. == How to survive when business is slow McKissock Survey Excerpts: How can you bolster your appraisal business during a slow real estate market? Mortgage applications decreased 3.7

Appraisal 52

Appraisal Contracts Real Estate Agent Sellers 52