The Appraiser Coach

FEBRUARY 22, 2022

What makes a contract a contract? Is it the legal prose, the professional typesetting, or the date across the top? I’m no lawyer, but my mentor once told me that. Read More.

Contracts 195

Contracts Legal Inspection Advertising 195

Housing Wire

SEPTEMBER 25, 2023

MV Realty operated in 33 states and has more than 500 real estate agents. The firm’s legal troubles began in late 2022 when it was sued by attorneys general in Florida , Massachusetts and Pennsylvania over its 40-year contracts.

Realty 441

Realty Real Estate Agent Legal Agents 441

Housing Wire

MARCH 19, 2024

In August 2022, Polly announced that it extended its API portfolio to better accommodate lenders amid a contracting mortgage environment. Polly’s API integration with CoreLogic is part of the fintech’s long-term strategy to provide innovation for lenders.

Technology 339

Technology Contracts Insurance Government 339

Housing Wire

MAY 25, 2023

An index of 100 is equal to the level of contract activity in 2001. Affordability challenges certainly remain and continue to hold back contract signings, but a sizeable increase in housing inventory will be critical to get more Americans moving.” The NAR’s Pending Home Sales Index maintained its reading of 78.9

Inventory 344

Inventory Housing Market Contracts Government 344

Housing Wire

JUNE 20, 2023

In this business practice, real estate brokerage firms offer homeowners a small upfront payment in exchange for the exclusive right to list and sell the property in the future. These complex contracts make selling, refinancing or transferring real estate difficult for homeowners.

Business 372

Business Brokerage Contracts Real Estate 372

Housing Wire

MAY 17, 2024

The guarantee means that the bank promises an on-time closing on or before the contract closing date, or it will pay the homebuyer $20,000. In just the past year, the Department of Justice has called for a full dislocation of real estate agent commissions between sellers and buyers, and new appraisal bias protections have been set up.

Lending 356

Lending Real Estate Agent Contracts Government 356

Housing Wire

FEBRUARY 16, 2024

The Department of Justice (DOJ) is asking the real estate industry to consider a world without the practice of cooperative compensation. The DOJ also noted that this type of conditional offer is permitted under federal government lending programs, thus requiring no changes to lending regulations. Originally filed in 2020 in U.S.

Sellers 422

Sellers Buyers Real Estate Contracts 422

Housing Wire

SEPTEMBER 28, 2023

An index of 100 is equal to the level of contract activity in 2001. Pending home sales, like new home sales, are based on contract signings. Yun also expressed concern about a possible government shutdown, which could worsen the conditions in the housing market. “It Existing home sales also fell in August, down 15.3%

Housing Market 418

Housing Market Contracts Government Buyers 418

Housing Wire

AUGUST 7, 2023

The decision to allow the ICE – Black Knight merger to proceed announces the digital integration of the real estate value chain anticipated for over 25 years. The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected.

Real Estate 326

Real Estate Supply Chain Architecture Brokerage 326

Raleigh Realty

MARCH 29, 2021

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

MAY 3, 2022

The venture capital investment is in addition to $1 billion in separate capital commitments from investors that Point has lined up to help fund what it calls home-equity investment (HEI) contracts. “We Homeowners, in turn, get to cash out a slice of their home equity with no payments due until the contract matures.

Contracts 394

Contracts Investors Investing Market Value 394

Housing Wire

DECEMBER 14, 2023

Mortgage industry trade group Community Home Lenders of America (CHLA) is urging government agencies to begin to have conversations surrounding the impact of the jury verdict and potential court ruling in the Sitzer/Burnett commission lawsuit on lending practices. I think it is important that we stay a step ahead of this,” Olson said. “We

Lending 390

Lending Mortgage Government Finance 390

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 412

Sellers Buyers Real Estate Agents 412

Housing Wire

MAY 5, 2021

MBA’s Associate Vice President of Economic and Industry Forecasting Joel Kan called last week’s mortgage activity “a mixed bag,” between rates , loan sizes, and government purchase applications. Both conventional and government purchase applications declined, but average loan sizes increased for each loan type.

Mortgage 386

Mortgage Contracts Government Inventory 386

Housing Wire

MAY 26, 2021

Kan noted that refinances decreased as well — by 7%, and 9% lower year over year — driven by declines in both conventional and government refinance activity. “And purchase applications increased for the second time in three weeks, rebounding after a rather weak April with mostly weekly declines,” he said.

Mortgage 450

Mortgage Contracts Government Real Estate 450

Housing Wire

JANUARY 26, 2022

The trade group estimates that the average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) increased from 3.64% to 3.72%. Being a resource for all real estate financing needs for your customers will become more important in the next few years than ever before. Presented by: CIVIC Financial.

Mortgage 354

Mortgage Government Contracts Lending 354

Housing Wire

APRIL 18, 2023

MISMO , the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association , plans to launch a working group that will create standards for Electronic Home Equity Lines of Credit (eHELOC). billion, ATTOM , a real estate data provider, reported. billion in Q4 2021.

Lending 273

Lending Renovations Real Estate Finance 273

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. By the Mortgage Bankers Association ’s estimate, it takes on average about $2,500 to process, underwrite and close a government loan.

Mortgage 364

Mortgage Loan Officers Government Buyers 364

Will Springer Realtor

MAY 2, 2023

They have safeguards built in to written agreements such as a purchase contract on a home. These buyers also have the right to either add or omit some of those available rights when their real estate broker drafts an offer. Speak to a trusted, real estate professional (like me!) Home buyers are consumers.

Contracts 54

Contracts Buyers HOA Inspection 54

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State.

Real Estate 354

Real Estate Real Estate Agent Agents Brokerage 354

Housing Wire

NOVEMBER 17, 2021

The trade group estimates the average contract 30-year fixed-rate for conforming loans ($548,250 or less) increased to 3.20%, four basis points higher than the previous week. He added that purchase applications increased for conventional and government loans, as demand shows resiliency in late fall when home buying activity typically slows.

Investors 410

Investors Contracts Government Real Estate 410

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. REALITY: The appraisal process is similar to conventional and other government-sponsored loans.

Mortgage 427

Mortgage Renovations Appraisal Process Finance 427

Housing Wire

DECEMBER 30, 2020

Year-over-year, contract signings increased by 16.4%. Now that a second stimulus package has been passed and two vaccines are being administered, Yun said economic growth is guaranteed, but high government borrowing will put modest upward pressure on interest rates. Presented by: WFG.

Contracts 532

Contracts Inventory Realtors Government 532

Eppraisal

DECEMBER 6, 2022

In brief, recessions result in significant contraction of the workforce -- job losses are common during these downturns. International Geopolitics Foreign governments can also act in ways that stimulate or depress the real estate markets. Without the intense competition, sellers have to be more flexible in pricing.

Real Estate 69

Real Estate Marketing Home Value Realtors 69

Housing Wire

JUNE 30, 2021

Pending home sales reached its highest mark for the month of May since 2005, up 8% from the previous month of April as low inventory continues driving buyers to snatch up available real estate. ” Contract signings on new homes increased 13.1% ” Contract signings on new homes increased 13.1% year over year. .

Supply Chain 414

Supply Chain Inventory Buyers Realtors 414

Housing Wire

JUNE 21, 2022

In fact, our industry is so important that throughout the COVID-19 pandemic, title insurance professionals were deemed essential by the federal government. Real estate is a $3 trillion industry in the United States. The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job.

Insurance 506

Insurance Easement Real Estate Investing 506

Hank Miller Team

MAY 3, 2022

the Atlanta real estate market shifting? Does it matter though if we go from 6 days to 9 days for homes to go under contract? Point is, like everything else, these signs are not universal to every market and every price point. Is the Atlanta Real Estate Market Shifting? Are investors clouding the data?

Real Estate 52

Real Estate Marketing Buyers Inventory 52

Housing Wire

JULY 19, 2022

Michael Loftin, CEO of Homewise , whose work revolves around sustainable homeownership, suggested HUD take a cue from the government-sponsored enterprises. Loftin also suggested a subsidy for real estate agents, because “they can’t make a living selling $40,000 homes.”

Mortgage 375

Mortgage Finance Lending Development 375

Housing Wire

APRIL 26, 2023

Borrowers’ demand increased for conventional and government loans, up 4.50% and 1.20% from one week earlier, respectively. Both conventional and government home purchase applications increased last week. The survey, conducted since 1990, covers over 75% of all U.S. retail residential mortgage applications. Mortgage apps also rose 4.7%

Mortgage 385

Mortgage Loan Officers New Listings Government 385

Housing Wire

JULY 19, 2022

Distrust : Consumer trust has fallen across all sectors of business and government in the U.S. According to Jim Park , executive chairman of The Mortgage Collaborative , who has stayed at the forefront of the growing technology in real estate, 12% of first-time homebuyers used some form of crypto towards their down payment last year.

Mortgage 370

Mortgage Loan Officers Technology Real Estate 370

Housing Wire

MARCH 8, 2023

It’s counterintuitive but real: Despite surging mortgage rates , borrowers’ demand for home loans rose last week. However, a surge in demand for government loans and adjustable-rate mortgages (ARMs) played a role in last week’s increase. and government loans were up 13% last week, according to the MBA estimates.

Mortgage 358

Mortgage Loan Officers Investors Government 358

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. After looking at listings online, a prospective homebuyer typically reaches out to a real estate agent who then gives them a list of recommended lenders and LOs. Fannie Mae, Freddie Mac and the U.S.

Buyers 375

Buyers Agents Loan Officers Real Estate 375

Housing Wire

MAY 24, 2024

For this kind of agreement to work, it’s advisable to work with an attorney so terms and conditions are clear within a written contract that includes repayment schedules and title agreements. Consider home loan programs There are a number of home loan programs you may qualify for, even if you carry student loan debt.

Mortgage 369

Mortgage Insurance Contracts Design 369

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Housing Wire

JUNE 9, 2022

That is typically accomplished through whole loan sales or private label securitizations along with hedging — such as the use of third-party forward contracts that allow for bulk loan sales at a future date at a predetermined rate.

Marketing 355

Marketing Contracts Technology Mortgage 355

Housing Wire

FEBRUARY 3, 2023

The Lock ‘n’ Roll program is eligible for conventional and government fixed-rate loans, with the lock period being a minimum of 60 days, according to its website.

Loan Officers 331

Loan Officers Buyers Contracts Mortgage 331

Housing Wire

JULY 13, 2022

Purchase applications for both conventional and government loans continue to be weaker due to the combination of much higher mortgage rates and the worsening economic outlook,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting. for the week ending July 8, according to the Mortgage Bankers Association (MBA).

Mortgage 388

Mortgage Retail Contracts Government 388