Housing Wire

MARCH 12, 2024

Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations. Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans.

Technology 358

Technology Retail Lending Design 358

Housing Wire

JANUARY 9, 2024

For homeowners, ADUs can generate substantial rental income that assists homeowners in covering escalating property taxes and mortgage payments. Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing.

Finance 455

Finance Construction Tenants Renovations 455

Housing Wire

FEBRUARY 13, 2024

Despite high mortgage rates , master planned communities (MPCs) did well in 2023. The thoughtful design and selection of community amenities contribute to the appeal for buyers.” As a point of comparison, in the benchmark year of 2019, 31,000 new homes were purchased in the top 50 master planned communities.

Buyers 433

Buyers Design Construction Marketing 433

Housing Wire

APRIL 3, 2024

the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp. Both companies will eventually be aligned under the name Onity Mortgage , but a timeline was not specified for wider implementation into the subsidiaries outside of “later this year.” Ocwen Financial Corp.,

Mortgage 317

Mortgage Business Design Construction 317

Housing Wire

APRIL 9, 2024

With the Federal Reserve gone AWOL on purchasing mortgage loans, mortgage rates have doubled and spreads over 10-year Treasuries are at historical highs. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers.

Sellers 441

Sellers Realty Insurance Realtors 441

Housing Wire

MAY 14, 2024

With the Fed gone AWOL on purchasing mortgage loans, mortgage rates have doubled and spreads over 10-year Treasuries are at historical highs. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers. Such opportunities may arise.

Sellers 312

Sellers Realty Insurance Realtors 312

Housing Wire

MARCH 28, 2024

Thanks to the efficiencies baked into the construction processes of manufactured homes, these factory-built houses are both faster and less expensive to build than site-built homes, saving buyers between $50,000 to $100,000 per unit. Demand for home-only financing is strong; in 2019, there were more than 200,000 home-only loan applications.

Business 416

Business Finance Buyers Lending 416

Housing Wire

FEBRUARY 8, 2024

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales.

Real Estate Agent 383

Real Estate Agent Real Estate Agents Clients 383

Housing Wire

SEPTEMBER 20, 2023

The FOMC also said it would continue to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities. In fact, mortgage applications picked up in the week leading up to the Fed meeting, signaling a wave of optimism. However, at Mortgage News Daily , mortgage rates were higher on Tuesday, at 7.30%.

Housing Market 416

Housing Market Mortgage Landlords Marketing 416

Housing Wire

JANUARY 5, 2021

The Housing Policy Council has weighed in on the Conference of State Bank Supervisors’ new proposed standards for nonbank mortgage servicers. In the introduction to the Proposed Standards, CSBS recognizes the importance of nonbank mortgage servicers in the mortgage market,” HPC stated in its comment letter. HPC agrees.

Design 284

Design Mortgage Technology Construction 284

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. This would act as an equivalent to reducing the mortgage rate by more than 1.5%

Construction 532

Construction Renovations Insurance Landlords 532

Housing Wire

NOVEMBER 27, 2023

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. HW: How has mortgage finance changed in the last few years?

Lending 334

Lending Finance Clients Client Relationships 334

Appraisal Buzz

JUNE 3, 2024

Meeting their mortgage and investor obligations will be difficult for these aggressive operators. Supply and Demand Dynamics: We are coming off of a construction boom where record numbers of units were built in the aftermath of the pandemic and are delivering now and in the coming months. Some will make it. Many will underperform.

Investors 195

Investors Marketing Real Estate Renovations 195

Housing Wire

JUNE 30, 2022

With 35 years of experience in the mortgage business, Flagstar has reputation for successfully navigating the ebb and flow of an ever-changing housing market. We’re well-capitalized and committed to mortgage, particularly the broker channel. Lee Smith: EVP, President of Mortgage. Our brokers are our partners.

Lending 316

Lending Housing Market Technology Business 316

Housing Wire

MARCH 24, 2023

Artificial intelligence refers to computer systems designed to perform tasks that usually require human intelligence, such as recognizing speech, identifying patterns or making decisions. ChatGPT for lenders Several use cases exist for mortgage companies and loan officers to use ChatGPT and AI. But first things first.

Loan Officers 477

Loan Officers Legal Development Marketing 477

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. trillion in mortgage originations in 2021. The perplexing part: Why are home prices not declining in this environment?

Inventory 461

Inventory Renovations Real Estate Government 461

Housing Wire

JULY 28, 2022

The new rule guidance is designed to expand the supply of affordable housing by making it easier to develop, repair or operate affordable housing. The Treasury Department’s new guidance is focused on the ARP’s flexible funding — called the State and Local Fiscal Recovery Funds (SLFRF) program. Louis , that gap is 29.3

Government 351

Government Development Finance Legal 351

Appraisal Buzz

JUNE 6, 2024

According to the Mortgage Bankers Association’s (MBA) Q1 Commercial Delinquency Report , commercial mortgage delinquencies increased in the first quarter of the year, strained by mortgage rates in the 7% range, and a tightening of credit standards. According to the post, nationwide, 83.7 Topping the vacancy list The Western U.S.

Mortgage 170

Mortgage Construction Transportation Investors 170

McKissock

JUNE 3, 2022

If you are performing appraisals for the intended use of secondary market mortgage lending, it’s essential to have a clear understanding of the UAD quality ratings, since you will be required to use them in your report forms. CE Course: Learn about the entire home construction process from the ground up. not a professional contractor.)

Construction 79

Construction Appraisal Design Real Estate 79

Assurance Financial

APRIL 18, 2022

A home renovation loan is most likely not going to be the same as your mortgage. Some reasons to renovate your home include: Update the design: Although some designs have more staying power than others, a home can start to look dated if its finishes and fixtures aren’t refreshed from time to time. Construction Loan.

Renovations 74

Renovations Construction Home Improvement Mortgage 74

Housing Wire

NOVEMBER 2, 2020

Mortgage rates followed, which dampened demand. Plus, we have solid demographics and low mortgage rates. months, builders pull back, and new construction stalls. It is not designed to generate sensational headlines. The last time we had a consistent downtrend in existing home sales was back in 2013-2014.

Housing Market 545

Housing Market Marketing Inventory Design 545

Housing Wire

SEPTEMBER 19, 2023

Will the designated and trained team who is the recipient of incoming company-generated business perceive this change as a loss of revenue? The FAQ should be constructed by actual agents who have gone through it. They need to be treated with kid gloves to ensure a seamless transition so they aren’t inconvenienced in any way.

Real Estate 371

Real Estate Brokerage Agents Business 371

Cleveland Appraisal Blog

OCTOBER 29, 2021

They all have done their studies and have provided their analysis of what their data reflects the total economic life of a home to be based upon its quality of construction. In appraisals completed for mortgage lending purposes, some lenders require that the total remaining life of a home not be less than the term of the mortgage.

Appraisal 365

Appraisal Development Finance Lending 365

Appraisal Today

OCTOBER 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! Some use postal mailings or office visits, such as you did in the mortgage broker days.

Appraisal 74

Appraisal Design Contracts Inspection 74

Birmingham Appraisal

MAY 1, 2024

The scope of work includes the materials of construction as well as the changes that will be made to a house. Some of the key factors an appraiser considers when performing this type of appraisal include the functional utility of the home, the amount of heated and cooled square footage, and the materials and quality of construction.

Renovations 80

Renovations Appraisal Real Estate Agent Construction 80

Eppraisal

DECEMBER 5, 2023

You also have a say in every architectural choice, from the floor plans to the materials builders will use in construction. Generally, the process includes a preliminary phase — which involves signing contracts for the architectural design and site plans — and pre-construction, where the project gets approval.

Architecture 36

Architecture Construction Inspection Design 36

Raleigh Realty

FEBRUARY 19, 2022

Does a Newly Constructed Home Need an Appraisal? Yes, even a newly constructed home needs an appraisal. The nice thing about new construction homes is there are typically dozens of comparable properties being built by the builder. Often new constructions don't have developed yards. Just about anything and everything.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

East Coast Appraisal

OCTOBER 18, 2021

Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Thus, the cost of a house depends on both the construction and land cost. This determines the use of and ease of construction on the land. Construction Cost. Construction cost considers how much you would need to build the exact house.

Property Appraisal 52

Property Appraisal Appraisal Architecture Construction 52

Will Springer Realtor

DECEMBER 11, 2022

The world of construction appears to be one of the only commodity-based industries yet to become truly efficient in the production of homes, office space and specialty structures. Robert Gordon, a noted Northwestern University economist, estimates the construction industry recorded negative productivity growth around the turn of this century.

Construction 36

Construction Architecture Real Estate Design 36

Housing Wire

MAY 6, 2024

HUD also seeks to transition away from the discontinued Fannie Mae Form 1009, the residential loan application for reverse mortgages, to Form 1003, the Uniform Residential Loan Application (URLA). We applaud HUD’s efforts in trying to change the requirements for HECMs to be more in line with the requirements of the forward mortgage industry.

Inspection 382

Inspection Development Mortgage Design 382

McKissock

FEBRUARY 13, 2023

Meet the presenters James Heaslet Serving as the Chief Appraiser for the Veterans Affairs (VA) Loan Guaranty Service since 2018, James is responsible for developing and overseeing policies and regulations for the VA Construction and Valuation department. Jeff also holds the SRA and AI-RRS designation with the Appraisal Institute.

Appraisal 85

Appraisal Reconsideration of Value Valuation Real Estate 85

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 Varies widely around the country. == Mortgage applications decreased 1.8 year-over-year.

Appraisal 82

Appraisal Contracts Mortgage Clients 82

Assurance Financial

NOVEMBER 9, 2021

However, tiny houses can come with big challenges for financing since their small size makes them ineligible for many mortgage and insurance plans. From finding the right mortgage to finding a legal place to store your home, you must understand the unique financial demands of a tiny house and prepare for challenges ahead of time.

Mortgage 36

Mortgage Finance Transportation Insurance 36

Raleigh Realty

AUGUST 19, 2022

The minute mortgage. This ease-of-access mindset comes into play with the mortgage process as well. Companies such as Quicken Loans’ Rocket Mortgage mobile service are revolutionizing the loan process and enabling borrowers to apply for a mortgage in minutes.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Buyers 78

McKissock

NOVEMBER 5, 2021

The article cites the pandemic, as well as shortages of lumber, construction materials, and skilled labor as reasons for why residential property values continue to increase. “The latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) has found that mortgage application volume decreased 3.3%

Appraisal 73

Appraisal Government Property Appraisal Valuation 73

Appraisal Today

APRIL 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. Acres: 0.7960055, built in 1993 The residence in Poipu was built in 1993 and designed by Seattle architect Ralph D.

Appraisal 79

Appraisal Real Estate Real Estate Agent Contracts 79

Appraisal Today

AUGUST 18, 2023

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. Varies widely around the country. == Mortgage applications decreased 0.8

Appraisal 77

Appraisal Contracts Inspection Real Estate 77