The Robert Weiler Company

JANUARY 2, 2021

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. So, what is a land contract agreement, and how does it work?

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

DECEMBER 13, 2023

Amherst Chairman and CEO Sean Dobson said the shrinking margins in the agency MBS sector are a byproduct of an over-supply of paper and a greatly reduced investor balance sheets for absorbing the debt. Some of them are gone forever, and some of them are basically going to have to rebuild capability,” he said.

Mortgage 351

Mortgage Marketing Investors Lending 351

Housing Wire

JULY 19, 2023

Go Mortgage sued its former director of capital markets for “corporate sabotage,” alleging computer fraud, violation of trade secrets, breach of contract and tortious interference with a business relationship. She was the primary contact between Go Mortgage and its institutional lenders, investors and securitization counterparts.

Mortgage 357

Mortgage Marketing Retail Construction 357

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. The financing for the initial deal was handled through a cryptocurrency lender called Helio Lending.

Mortgage 440

Mortgage Technology Investing Investors 440

Housing Wire

JUNE 13, 2023

” Inside Mortgage Finance (IMF) shows the wholesale channel was responsible for 15% of the first-lien mortgage originations in 2022, compared to the lowest level of 9.8% EPM filed a counterclaim against JIM for breaching the sponsorship contract by changing the car’s driver starting May 2022.

Retail 368

Retail Loan Officers Landlords Lending 368

Housing Wire

FEBRUARY 3, 2022

Investors have largely shunned nonbank mortgage stocks, and analysts believe the hard times are still ahead. Finance data. In the next few quarters, we should see a more challenging market,” Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW) , told HousingWire. Investors were nonplussed.

Mortgage 374

Mortgage Retail Finance Investors 374

Housing Wire

MARCH 25, 2024

Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. Meanwhile, investors are taking steps to acquire the business. ban of the short-form video app. million ‘likes’ on TikTok. The bill is now in the Senate, where the outcome is unknown.

Loan Officers 369

Loan Officers Tools Business Clients 369

Listing Spark

DECEMBER 15, 2022

Investing in owner financing can be a great way to build wealth and generate passive income. Brandon Smith, who has over 13 years of investing and lending experience, specializes in owner financing and has developed a successful system for sourcing deals and minimizing risk. How owner financing typically works.

Finance 36

Finance Investing Real Estate Lending 36

Housing Wire

FEBRUARY 22, 2023

Keith Lind, CEO of California-based non-QM lender Acra Lending , stressed that even though market conditions overall appear to be headed toward improvement, that doesn’t mean all securitization deals are profitable for lenders even now. Over the same period in 2022, KBRA tracked a total of 31 PLS deals valued at $16.7.

Marketing 328

Marketing Finance Mortgage Lending 328

McKissock

JANUARY 6, 2023

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. These may be full-time jobs or contracted services. Non-lending appraisal courses.

Appraisal 74

Appraisal Training Lending Land Management 74

Housing Wire

DECEMBER 20, 2021

. “Servicers don’t want to get in a position where the customers think they are deciding who gets the money or not,” said Dana Dillard, principal advisor at Housing Finance Strategies , a consulting firm for the mortgage and servicing industry. Up to the task? The program prevented $8.3

Mortgage 342

Mortgage Government Contracts Insurance 342

Eppraisal

JANUARY 31, 2023

Having identified a parcel of vacant land -- and negotiated a purchase contract with the seller -- the investor in raw land is now at the point where financing becomes the issue.  There A finance strategy that makes sense will vary from person to person.

Development 36

Development Finance Sellers Home Value 36

Miller Samuel

FEBRUARY 12, 2019

Miller measures listing discount by the percent difference between the contract price and the price that the property was listed for sale at the time of contract – not when it was first listed). Miller said that real estate investors should stop trying to perfectly time the market (both with rate and supply vs. demand).

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Housing Wire

APRIL 24, 2024

“Thanks to our strategic emphasis on technology, including years of investment in AI and the cloud, Mr. Cooper is well positioned to provide our customers with world-class service, operate as a trusted counterparty for our industry stakeholders, and grow and sustain investor returns.”

Technology 308

Technology Lending Investing Contracts 308

Housing Wire

AUGUST 23, 2023

Following a merger with special purpose acquisition company (SPAC) Aurora Acquisition Corp , Better Home & Financing Co. New York-based digital lender Better.com has shifted its strategy ahead of its initial public offering (IPO). is expected to begin trading on the Nasdaq Stock Exchange on Thursday under the ticker symbol “BETR.”

Realtors 362

Realtors Technology Insurance Mortgage 362

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . Even though J.P. You don’t need it.”. The stable coin, pegged to the U.S.

Technology 385

Technology Investing Investors Mortgage 385

Housing Wire

MARCH 23, 2023

The nation’s warehouse lenders are a lifeline of liquidity for the nonbank mortgage sector, providing IMBs with lines of credit and other financing that serve as key ingredients in the sausage-making of mortgage origination. Even a solid lending line, however, isn’t bulletproofed against a systemic industry shock.

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Lending Investing Insurance Mortgage 408

Housing Wire

MARCH 27, 2023

Fannie Mae has projected that the recent bank failures may act as the catalyst that tips an already precarious economy into a recession — primarily due to the combination of tighter lending standards by small- and mid-sized regional banks. contraction. Fannie Mae raised its first quarter GDP forecast to grow 0.9%

Construction 355

Construction Lending Finance Mortgage 355

Housing Wire

APRIL 22, 2022

For the sector of the mortgage market engaged in non-QM lending, the volatile rate environment is a particular challenge. Those entities can help to buy or warehouse loans for their non-QM lending affiliates for a time to deal with a liquidity challenge. Ca rVal Investors ’ David Pelka. You have to sell at some point.”.

Lending 383

Lending Mortgage Investors Marketing 383

Listing Spark

JANUARY 22, 2024

In the first quarter of 2023 alone, real estate investors flipped 72,960 homes. For both new and experienced real estate investors, this bodes well for the 2024 market. Investors are thriving by finding properties with a lot of potential as both rentals and flips—and then being able to sell them quickly at the right price.

Real Estate 36

Real Estate Tools Investors Investing 36

Appraisal Buzz

OCTOBER 4, 2021

Freddie Mac (OTCQB: FMCC) today released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households, resulting in an appraisal gap. MCLEAN, Va. for those in White tracts, leading to a gap of 5.2%.

Valuation 370

Valuation Appraisal Contracts Finance 370

Patch of Land

OCTOBER 16, 2018

The question is: how should this affect your expectations as a house flipping investor? That is not the case we are seeing; in fact, nationwide we have been experiencing an extensive contraction in the housing supply. With their own capital to lend, a direct lender can green-light your house flip in a matter of days.

Investing 45

Investing Inventory Housing Market Contracts 45

Housing Wire

DECEMBER 31, 2021

But the boost in purchase business likely won’t be enough to prevent operational contraction: As margins shrink, lenders will likely have to lay off staff and renegotiate compensation. Lenders will have to “manage expenses and improve customer service in a purchase market,” Tom Wind, executive vice president of consumer lending with U.S.

Marketing 421

Marketing Law Government Mortgage 421

McKissock

MARCH 15, 2022

Traditional buyers are replaced by new ones (investors). We saw this happen in such areas as Las Vegas where you had many individuals that were not your typical investor that were able and willing and buying real estate on speculation. Financing becomes difficult to obtain. Use of creative financing such as seller contracts.

Real Estate 88

Real Estate Finance Sellers Real Estate Agent 88

Cleveland Appraisal Blog

MARCH 18, 2021

The property had been purchased for a price in the mid 50’s by an investor, two months prior to my appraisal. I was told by the investors, in an email that they sent me, that since they purchased the property two months ago, they updated the kitchen and bathroom, installed new flooring, a new furnace, and a new roof.

Appraisal 195

Appraisal Investors Buyers Market Value 195

Will Springer Realtor

SEPTEMBER 12, 2023

The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. Investors of mortgage-backed securities guide that rate discussion and they can be influenced by the overall financing world.)

Finance 68

Finance Inventory Construction Buyers 68

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. Understanding the perspectives of the appraiser and bank appraisal review department helps lenders communicate with the borrower at the onset of the real estate financing process.

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Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. Mortgage lending is very, very cyclical.

Appraisal 52

Appraisal Architecture Business Contracts 52

Appraisal Today

JANUARY 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on 2024 forecasts for mortgage rates and originations, Private Money lending, unusual homes, mortgage origination stats, etc. They have always been available, mostly for short-term financing and borrowers with poor credit or no credit history. baths, 7,455 sq.ft.,

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

PennyMac

JANUARY 3, 2024

A contingency clause in the purchase contract allows you to back out of a contract if the sale of your current home doesn’t go through within a specified timeframe. You won’t be able to use your home’s sale proceeds for your purchase and may need other financing, such as a bridge loan or home equity loan.

Real Estate Agent 36

Real Estate Agent Buyers Real Estate Mortgage 36

Clear Capital

SEPTEMBER 29, 2021

” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon. The lender says the home’s worth $335,000, you’re at contract at $350,000. And you should not be competing against 25 different investors. Kenon Chen.

Sellers 69

Sellers Agents Real Estate Buyers 69

Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. The Fed’s revised lending forecast sparked a celebratory mood among investors, particularly those tracking U.S.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

APRIL 6, 2021

A buyer’s choices for financing of a condo, however, can be, well , complicated. In the complex world of condominiums, it is as important to know which buildings are favorable for financing as it is to ensure a buyer’s eligibility for the mortgage itself. These loans allow borrowers to finance homes with down payments as low as 3.5%

HOA 36

HOA Mortgage Buyers Insurance 36

Will Springer Realtor

DECEMBER 19, 2023

Economists and investors have been upbeat about how the employment picture has remained mostly resilient in the wake of economic headwinds. Fannie Mae economists are forecasting CPI to end 2024 at about 2.5% – a potential trigger for lower financing costs and higher real estate sales as affordability improves. a year ago.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JULY 13, 2023

Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. It is lack of labor, land/lots, lumber/materials, lending for builders and land developers and ever-costly legal/regulatory costs,” he said.

Construction 36

Construction Supply Chain Real Estate Development 36

Will Springer Realtor

MARCH 14, 2023

No existing homeowner wishes to finance a property if locked in to a pandemic-influenced mortgage with an interest rate of around 3.8% (the national average of all mortgage holders). The Federal Housing Finance Agency reports 65% of all mortgage holders are enjoying an interest rate of 4.0%

Marketing 36

Marketing Buyers Inventory Sellers 36

Will Springer Realtor

DECEMBER 12, 2023

Notably, the Eastside saw a 25% decline in Pending sales (homes under contract) but are still 9.2% 13 to update America when the central bank will likely hold firm on short-term lending rates. Similarly, the single-family-home market is weak (if not bleak), with new listings down 29% (1128), Active home listings (as of Dec. higher YoY.

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Housing Market Marketing New Listings Buyers 42