Housing Wire

APRIL 1, 2024

In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division , appointing reverse mortgage industry veteran Melanie Parks to lead the channel as vice president and national field sales leader. Two years later, the UPB has diminished right.

Loan Officers 380

Loan Officers Training Business Retail 380

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. Perhaps the most important trait for a commercial real estate developer is the ability to identify an ideal piece of land. Image by Unsplash. Network to get funding.

Real Estate 303

Real Estate Development Appraisal Contracts 303

Housing Wire

AUGUST 1, 2022

Mortgage lender Guaranteed Rate Affinity is suing a divisional manager for allegedly orchestrating a “mass departure” to competitor Cardinal Financial Company , a violation of the employment agreement. including six regional managers, an executive assistant and a business development associate, the mortgage lender alleges.

Loan Officers 381

Loan Officers Mortgage Retail Contracts 381

Housing Wire

APRIL 7, 2023

When this back and forth was unfolding, mortgage demand rose 2.9% compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. Let’s look at the retail industry, for instance. What does this sound like to you?

Retail 381

Retail Real Estate Clients Modernization 381

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.

Realtors 369

Realtors Technology Insurance Mortgage 369

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. For starters, any development would have to pass through three levels of bureaucracy, as 4.1 Mortgage applications increased 3.0

Appraisal 75

Appraisal Mortgage Business Contracts 75

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 What’s not changing?

Appraisal 80

Appraisal Contracts Mortgage Clients 80

Appraisal Today

JULY 1, 2023

Their volume went up and down with mortgage rates, but they always had some appraisals to fee out. NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. More Crazy Appraiser Stories!

Appraisal 86

Appraisal Contracts Market Value Mortgage 86

Appraisal Today

APRIL 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on appraiser discrimination lawsuit, waivers, staying positive with slow business, appraiser’s economic forecast, unusual homes, mortgage origination stats, etc. Significant developments have occurred in the case. Mortgage applications decreased 0.6

Appraisal 77

Appraisal Contracts Business Construction 77

Appraisal Today

AUGUST 18, 2023

You are unlikely to see an immediate surge in desktop and hybrid appraisal assignments in the current volatile real estate market, but once normalcy returns to the mortgage rates and the housing market (as it always does), you can expect them to increase. Varies widely around the country. == Mortgage applications decreased 0.8

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

Appraisal Today

MARCH 22, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Fannie March Update, Bias and not using time adjustments, Climate change effects on risk and values, answer your phone if you want more appraisal business, unusual homes, mortgage origination stats, etc. Mortgage applications decreased 1.6 baths, 17,878 sq.ft.,

Appraisal 66

Appraisal Contracts Business Insurance 66

Appraisal Today

JUNE 16, 2023

NOTE: Please scroll down to read the other topics in this long blog post Non-lender appraisals, ROVs, appraisal business, unusual homes, mortgage origination stats, etc. A Restricted Appraisal Report does not mean shortcuts may be taken in developing the appraisal. Varies widely around the country. == Mortgage applications increased 7.2

Appraisal 75

Appraisal Contracts Design Mortgage 75

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). Now there is, per the attached PDF HUD/FHA mortgage letter. The mortgage loan officer handling the loan? The GSE’s have similar policies.

Reconsideration of Value 71

Reconsideration of Value Appraisal Real Estate Insurance 71

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. . Dart Appraisal Discusses Appraisal Changes On Reverse Mortgages. Changes to FHA Appraisal Policy.

Contracts 69

Contracts Appraisal Tips Appraisal Clients 69

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 72

Appraisal Design Contracts Inspection 72

Housing Wire

FEBRUARY 7, 2024

1, 2023, the jointly development Uniform Property Dataset (UPD) for the government-sponsored enterprises (GSEs) became active and included a data standard for condos, according to the Selling Guide. The update also clarifies the qualifying interest rate for adjustable-rate mortgages (ARMs) with terms of 7 and 10 years, respectively.

Retail 424

Retail Project Management Insurance Landlords 424

Appraisal Today

AUGUST 4, 2023

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting.

Appraisal 72

Appraisal Business Contracts Real Estate 72

Housing Wire

JULY 27, 2022

Borrowers’ demand for mortgage loans decreased for the fourth consecutive week to the lowest level in more than two decades, according to the Mortgage Bankers Association (MBA). The market composite index, a measure of mortgage loan application volume, declined 1.8% retail residential mortgage applications.

Mortgage 370

Mortgage Retail Contracts Inventory 370

Appraisal Today

DECEMBER 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on time saving tips, Waivers, Non-lender appraisals, Tax savings, unusual homes, mortgage origination stats, etc. Technology allows some aspects of developing appraisal reports to go much faster. November 29, 2023) — Mortgage applications increased 0.3

Appraisal 89

Appraisal Business Contracts Technology 89

Appraisal Today

JULY 14, 2023

No (or Limited) Discrimination Coverage This one is a problem that has only developed recently — within the last two years — as more and more appraisers are facing discrimination complaints and claims. of their household income on their mortgage payments. Very low mortgage payments. == HOW TO USE THE NUMBERS BELOW.

Tools 77

Tools Appraisal Insurance Contracts 77

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. Mortgage applications decreased 9.4 January 3, 2024) — Mortgage applications decreased 9.4 January 3, 2024) — Mortgage applications decreased 9.4

Appraisal 76

Appraisal Contracts Legal Business 76

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

NOVEMBER 3, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Investigation of desktop appraisals, economic analysis, Bias, hybrid appraisals, unusual homes, mortgage origination stats, etc. Mortgage markets navigate through a storm This year, mortgage markets have been stirred by significant volatility.

Appraisal 77

Appraisal Contracts Architecture Mortgage 77

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Mortgage rates were 18%+. Mortgage applications increased 7.1 By Dallas T.

Appraisal 70

Appraisal Inspection Modernization Business 70

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 390

Lending Real Estate Agent Loan Officers Retail 390

Appraisal Today

APRIL 21, 2023

Brand your appraisal practice Make it easier for customers to send you referrals by developing a brand that they will remember. Among the DOJ’s findings, from 2015 to 2021, all but one of the 101 mortgage lenders PNB employed in the lending area were white. Mortgage applications decreased 8.8 HOW TO USE THE NUMBERS BELOW.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

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

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. Fannie has been upfront about its interest in developing appraisal “alternatives.”

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? 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 identify irregularities and comment on them.

Contracts 52

Contracts Appraisal HOA Architecture 52

Appraisal Today

JUNE 17, 2022

It did not even though many lots nearby were developed. 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.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

MAY 19, 2023

ChatGPT is an advanced AI language model developed by OpenAI that can be used to streamline the appraisal writing process. If you started appraising before AMCs took over, such as mortgage brokers, you had to do some marketing. Can ChatGPT, and other AI models, actually assist appraisers in writing summary appraisal reports?

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

JULY 1, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market decline in listing prices, land issues, unusual homes, mortgage origination stats, etc. =. Mortgage applications increased 0.7 Mortgage applications increased 0.7 Mortgage rates continue to experience large swings. Depreciation!

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

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

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. Ask for referrals from industry professionals, such as commercial real estate brokers, appraisers, developers, and investors. Reduce legal concerns. What is their pricing breakdown?

Property Management 78

Property Management Tenants Real Estate Investors 78

Appraisal Today

AUGUST 26, 2022

In fact, Fannie Mae will not purchase a mortgage on a property if the cost approach is the primary or only method of valuation used. Quite simply, if there isn’t enough data for the appraiser to develop a reliable opinion of value by the sales comparison approach, the mortgage will not be marketable to Fannie Mae.

Appraisal 52

Appraisal Business Contracts Advertising 52

Housing Wire

JUNE 2, 2022

Morgan announced that it had settled its first tokenized transaction involving money-market fund shares as collateral — with plans to eventually pursue blockchain-based transactions for tokenized collateral involving equities and fixed-income securities, which include mortgage-backed securities (MBS). The stable coin, pegged to the U.S.

Technology 392

Technology Investing Investors Mortgage 392

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. After graduation he worked for USAA in Real Estate Development. trillion overall in mortgages in 2023, down 12% from 2022 and down 3.5% billion and a 27.4%

Appraisal 81

Appraisal Agents Real Estate Real Estate Agent 81