Pulte Mortgage Contracts with Black Knight for MSP Servicing System

Appraisal Buzz

MSP is a comprehensive, end-to-end platform that supports all aspects of servicing – from loan boarding to default – for first mortgages, as well as home equity loans and lines of credit, The post Pulte Mortgage Contracts with Black Knight for MSP Servicing System appeared first on Appraisal Buzz.

Mortgage Contracting Services Announces Craig Torrance for CEO Role

Appraisal Buzz

The post Mortgage Contracting Services Announces Craig Torrance for CEO Role appeared first on DSNews. The post Mortgage Contracting Services Announces Craig Torrance for CEO Role appeared first on Appraisal Buzz.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Contract Data Is Pending Data Is Lagging Data

Miller Samuel

Throughout my career, I have seen brokerage firms publish pending/contract reports, touting pending trends as more reliable than reports based on closings. The simplistic, uninformed argument for pending sales is that contract dates occur before closing dates, so they are more current.

7.3% Fewer Listings Under Contract YoY in July

Appraisal Buzz

Fewer Listings Under Contract YoY in July appeared first on theMReport.com. Fewer Listings Under Contract YoY in July appeared first on Appraisal Buzz. Record-high home prices may be causing some buyers to retreat, as affordability continues to play a factor in homebuyers’ decisions.

Virginia Housing, Black Knight Renew Contract for MSP Servicing System

Appraisal Buzz

Virginia Housing has renewed its contract to use Black Knight Inc. ’s The post Virginia Housing, Black Knight Renew Contract for MSP Servicing System appeared first on Appraisal Buzz. s MSP servicing system. Virginia Housing has been a Black Knight client for 25 years. Through its continued use of MSP, Virginia Housing will be equipped to further automate its processes and support residents within the state.

What’s in a Sales Contract? Insights from a Seasoned Appraiser

Appraisal Buzz

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to. The post What’s in a Sales Contract?

6 Fields & Features to Add To Your Digital Manufacturing Contracts

GoForrmz

Augment your manufacturing contracts with these powerful fields and features Digital form fields and features can significantly improve the completeness and professionalism of your manufacturing contracts and service agreements.

The ugly side of housing: low inventory

Housing Wire

drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. Gradually increasing mortgage rates, heightened home prices and inventory levels at historic lows finally coalesced in February to depress in-contract deals.

What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. What Is a Land Contract?

MCS CEO Caroline Reaves announces her retirement

Housing Wire

Caroline Reaves, CEO of property services provider Mortgage Contracting Services , announced her retirement on Tuesday after leading the company for 14 years.

Homebuyers drawn to cheaper areas in Midwest and South

Housing Wire

Homebuyer contract signings in the U.S. The more moderately priced regions of the South and Midwest are experiencing stronger signing of contracts to buy, which is not surprising,” Yun said in a statement.

How much are buyers paying above the asking price?

Sacramento Appraisal Blog

Market Trends Appraisal Appraised Value Appraiser bidding wars chaotic housing market contract price getting into contract housing 2021 housing market how much are buyers paying original list price paying above appraised value sacramento housing trends Sacramento Real Estate Market

Buyers 288

Tips for Homeowners Concerned About Appraisals Below Contract Price

Will Springer Realtor

About 13% of appraisals came in below the contract price this August, the most-recent available data, according to housing-research firm CoreLogic. housing market is 7% of all mutually accepted contracts. Not all home appraisals – and those who conduct them – are created equal.

Hamptons home sales begin cooling after summer’s frenetic pace

Housing Wire

Signed contracts to purchase single-family homes rose 76% in September from a year ago as wealthy New Yorkers sought refuge from COVID-19. Contracts on homes priced $500,000 to $999,000 fell 1.7%

What is An Active Option Contract in Real Estate?

Mashvisor

While real estate websites like Mashvisor have made it easier than ever for beginner real estate investors to find potential income properties online, they still have to navigate a sea… Beginner Investors Investor Blogs Appraisal Home Inspection Listings

Square Foot Prices Up in 2020

Eyes on Housing

Median sale and contract prices per square foot went up across all US regions, except for. Read More › Construction Statistics Economics Housing Data home building price per square foot s: contract price per square foot sale price per square foot single-family Square foot price

How servicers continue to protect neighborhoods amid COVID

Housing Wire

Sponsored Content covid-19 Executive Conversation MCS Mortgage Contracting Services sponsored virtual events

Chicago Homes Under Contract Experienced Optimistic Increases 3rd Week in A Row During COVID-19 Stay At Home Order

Chicagoland Appraisal Blog

Some optimism is in order as listings under contract have experienced stable increases for the 3 rd week in a row (scroll to bottom). .

Billionaires Row Continues to be Challenged

Miller Samuel

Since contract data is not public record and is easily manipulated, I estimated the state of the key buildings as best I could, using ACRIS for closed sales, Streeteasy contract tags, and feedback from market experts in and around the brokerage community.

What If the Appraisal Comes in too Low?

Appraiserblogs

…how to prevent a low appraisal in the first place… As real estate brokers in New York City, many buyers ask us what options exist if the appraised value comes below the contract’s purchase price.

Low Appraisals – 5 Options When Appraisals Come In Low

JMV Lending

Whenever an appraisal comes in under contract price, we work quickly to consider all options with both agents and buyers, and we can usually resolve appraisal issues within a day if everyone is responsive. Appraisals Our Blog appraisal low appraisals under contract price

Don’t Sign a Contract With a Builder Until You’ve Done These 5 Things!

Hood Homes Blog

The builder’s rep already preapproved you with their lender and has a contract out ready for you to sign. Get the inside scoop and be better informed by having an agent who can advise you and go over the contracts with you. Updated 9/21/18; Originally published 2/7/16. It’s awesome!

The ‘Urban To Suburban’ Narrative Is Really ‘Manhattan To Suburban’

Miller Samuel

The New York Times created a terrific graphic on our Elliman New Signed Contract Report by illustrating the performance of Manhattan and Brooklyn versus Westchester County. This post previously appeared in the August 14, 2020 edition of Housing Notes.

Manhattan Co-op Sales Fall During Federal Election Year

Miller Samuel

My methodology: The data set was co-op based because they account for 74% of the apartment market and doesn't have the wild fluctuation of contract versus closing date because of condo new development lags.

NEW California Disclosure – Home Fire Hardening Disclosure and Advisory

San Jose Real Estate

Contracts & Forms Environmental Hazards Foothill Areas Home Improvement Natural Hazards Safety Disclosure disclosure obligations disclosures fire fire insurance form forms paper paperwork

Protected: Cryptomania and NFTs and Beeple, Oh My!

Magnusson Group

Blog Alexis Ohanian Beeple Bitcoin christie's cryptocurrency cryptokitties David Hockney Everydays fractional ownership Jeff Koons Lindsay Lohan Lolli multiples NFTs Prints scarcity Serena Williams smart contracts The Magnusson Group tradability uniquenessThis content is password protected.

National Association of Realtors Observes Pending Home Sales Drop in September

Appraisal Buzz

regions saw contract activity decline month-over-month and year-over-year, with the Northeast weathering the largest yearly drop. An index of 100 is equal to the level of contract activity in 2001. Contract.

National Association of Realtors Reports Pending Home Sales Increase in October

Appraisal Buzz

Contract activity rose month-over-month in each of the four major U.S. The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5%

30-year rate drops below 3% for first time since February

Housing Wire

Mortgage applications fell 1.7% in the week ending July 30, according to the latest report from the Mortgage Bankers Association. That’s despite the 30-year fixed rate falling to its lowest level in roughly six months.

Fewer people are submitting mortgage applications

Housing Wire

The average contract interest rate for 15-year fixed-rate mortgages increased to 2.56% from 2.53% The average contract interest rate for 5/1 ARMs saw another week of dramatic fluctuation, increasing to 2.54% from 2.81%.

Mortgage applications increase as 30-year rate falls

Housing Wire

After three straight weeks of declines , mortgage applications increased 4.2% for the week ending June 11, 2021, according to the latest report from the Mortgage Bankers Association.

Mortgage applications fall amid market jitters

Housing Wire

Mortgage applications decreased 4% for the week ending July 16, just one week after applications jumped 16% on the strength of falling mortgage rates.

Mortgage applications fall for third straight week

Housing Wire

Mortgage applications decreased again , this time falling 1.8% in the week ending July 2, 2021, according to the latest report from the Mortgage Bankers Association. This marks the third straight week of application declines, and represents the lowest level since the January 2020.

Mortgage applications drop over holidays

Housing Wire

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400 or less) increased to 2.86% from 2.9% Mortgage applications dropped 4.2%

Mortgage applications decrease 4%

Housing Wire

After two straight weeks of increases , mortgage applications dropped 4.2% for the week ending May 21, 2021, according to the Mortgage Bankers Association ‘s weekly mortgage applications survey.

Pending Home Sales Increase 8.1% in August

Appraisal Buzz

The National Association of Realtors ’ Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, increased 8.1% An index of 100 is equal to the level of contract activity in 2001.

Mortgage applications are thinning as summer approaches

Housing Wire

For the third week in a row, mortgage applications decreased. Mortgage applications fell 3.1% in the week ending June 4, and refis took the biggest dip, according to the latest report from the Mortgage Bankers Association.

Mortgage applications recover as winter storms pass

Housing Wire

Mortgage applications recovered slightly from last week , increasing 0.5% for the week ending Feb. 26, 2021 according to the latest report from the Mortgage Bankers Association. A giant dip in applications was reported following the devastating winter storms in Texas the week of Feb.

Mortgage applications rise again, despite rates jump

Housing Wire

For the second week in a row, mortgage applications increased — this time, up 2.1% for the week ending June 18, 2021, per the latest report from the Mortgage Bankers Association. The 30-year fixed mortgage rate also rose to 3.18% — the highest level in a month, according to the MBA.

Interest in mortgages hits lowest level in 18 months

Housing Wire

After two consecutive weeks of increases, mortgage applications decreased 6.9% in the week ending June 25, 2021, according to the latest report from the Mortgage Bankers Association. Mortgage applications had increased 2.1% and 4.2% in the previous two weeks, respectively. The 6.9%

New Home Sales Flat in October After September Data Revision

Eyes on Housing

Contracts for new, single-family home sales were flat at a 745,000 seasonally adjusted annual rate in October according to estimates from the joint release of the U.S.

Applications drop, despite falling mortgage rates

Housing Wire

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.17% from 3.2%

Mortgage applications rebound following drop in rates

Housing Wire

Here is a more detailed breakdown of this week’s mortgage application data: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) decreased to 3.2% After six consecutive weeks of dips , mortgage applications rose 8.6%