Housing Wire

AUGUST 7, 2023

Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability. MERS provided a trusted “golden record” of the owner of the mortgage loan asset, Simplifile reaches the county recording end-points, IDC integrated $5.2B

Real Estate 335

Real Estate Supply Chain Architecture Brokerage 335

Housing Wire

JULY 12, 2022

Beginning July 17, Freddie Mac will accept some mortgages with hybrid appraisals — but the list of caveats is lengthy. Mortgages for manufactured homes, investment properties, duplexes and fourplexes are not eligible. The seller accepts it; they go into contract. The mortgage industry, per the latest jobs report from the U.S.

Appraisal 403

Appraisal Inspection Real Estate Agent Training 403

Housing Wire

SEPTEMBER 22, 2022

Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . million in August.”

Inventory 443

Inventory Housing Market New Listings Mortgage 443

Appraisal Buzz

APRIL 15, 2024

UAD originated in 2010 and since then we appraisers are accustomed to using codes like “C4,” “N;Res,” and “1200sf0sfin” in our mortgage appraisal reports to communicate the results of our analysis. It all starts with the standard appraisal forms used in the mortgage process. Most appraisers have diversity in their business channels.

Appraisal 397

Appraisal Design Lending Technology 397

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%.

Retail 347

Retail Real Estate Clients Modernization 347

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. Once again, modern brain-body science jumps ahead and teaches me things. Mortgage applications increased 3.0 Even better.

Appraisal 75

Appraisal Mortgage Business Contracts 75

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. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Appraisal Inspection Modernization Business 70

Housing Wire

APRIL 6, 2021

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. million and sell for $2.03

Appraisal 539

Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Housing Wire

DECEMBER 20, 2021

While the family’s income has been cut by almost half and inflation has increased their expenses, Wilen’s primary concern is his mortgage. mortgage for 12 months, and the county where he lives paid three months of his mortgage bill as part of an assistance program. He is afraid of losing his home.

Mortgage 330

Mortgage Government Contracts Insurance 330

Housing Wire

NOVEMBER 17, 2022

However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. For the builders, they have a new problem: they had homes under contract and then mortgage rates jumped in the biggest fashion ever recorded in history.

Contracts 540

Contracts Construction Supply Chain Marketing 540

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M Mortgage applications increased 0.5 May 15, 2024) — Mortgage applications increased 0.5

Tools 64

Tools Appraisal Renovations Design 64

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. Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M Mortgage applications decreased 9.4 Excerpts: 4 Bedrooms, 4.5

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

Appraisal 68

Appraisal Contracts Valuation Design 68

Appraisal Today

MARCH 8, 2024

NOTE: Please scroll down to read the other topics in this long blog post on property data collectors, economic analysis, managing your email inbox, unusual homes, mortgage origination stats, etc. percent from one week earlier = Mortgage applications increased 9.7 March 6, 2024) — Mortgage applications increased 9.7 by year-end.

Appraisal 83

Appraisal Contracts Real Estate Housing Market 83

Appraisal Today

APRIL 26, 2024

What should appraisers look for in a sales contract? 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. The One-Mile Rule: Prudent Policy or Modern Day Redlining?

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

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. Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture.

Appraisal 77

Appraisal Contracts Business Construction 77

Housing Wire

OCTOBER 23, 2020

The Federal Housing Administration announced on Wednesday the launch of its first automated underwriting system that will allow lenders to submit loan application data electronically for single family forward mortgages from their loan origination systems to FHA for mortgage insurance eligibility.

Modernization 433

Modernization Contracts Insurance Technology 433

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! Just wait.

Appraisal 86

Appraisal Contracts Market Value Mortgage 86

Appraisal Today

JANUARY 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Direct lender (and mortgage broker) fees had slight declines and increases, whatever happened to the number of originations. =

Appraisal 52

Appraisal Contracts Sellers Business 52

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 There is none of this!

Appraisal 80

Appraisal Contracts Mortgage Clients 80

Appraisal Buzz

JULY 5, 2022

State boards field complaints about appraisals, often when appraised value is below sales contract price. I ask you, the professional appraiser – is all this risk worth the rewards (as you define them) of doing mortgage lending work? There is no such thing, not anymore.

Appraisal 221

Appraisal Finance Lending Contracts 221

Appraisal Today

APRIL 21, 2023

Despite the fresh coat of paint and a small but modernized kitchen and bath, the home retains many of its original features, including the loft bedroom, where the school’s headmistress once slept. 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.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

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. The finished mansion took nearly twenty years and its distinctive style is simultaneously primitive and modern, blending well into the high desert landscape.

Appraisal 75

Appraisal Contracts Design Mortgage 75

Appraisal Today

DECEMBER 16, 2022

Industry Insider Insight on Risk and Modernization. Fannie New Appraisal Form Modernization. NOTE: Please scroll down to read the other topics in this long blog post on Fannie December newsletter, estate appraisals real estate market, unusual homes, mortgage origination stats, etc. Mortgage applications increased 3.2

Modernization 52

Modernization Appraisal Contracts Real Estate 52

Appraisal Today

AUGUST 5, 2022

My comments : The big push to cut down on appraisal turn times because of the appraisal shortage is Very Old News since mortgage volume has plummeted. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, unusual homes, mortgage origination stats, etc.

Appraisal 59

Appraisal Valuation Contracts Modernization 59

Appraisal Today

JUNE 17, 2022

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. USPAP and the Contract. They think it is a contract to hit (it isn’t).

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

D Fritz Appraisals

AUGUST 11, 2022

Modern technology can give us higher quality photos and videos than ever before. Get pre-approved for a mortgage to show the current owner/seller you can afford to finance the home. If the seller likes the offer and accepts it, you and the seller (or the lawyers) prepare the contract. Both parties sign the contract.

Real Estate Agent 119

Real Estate Agent Inspection Real Estate Sellers 119

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 million. “I

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Appraisal Today

AUGUST 18, 2023

With the GSE appraisal modernization program, appraisers will more likely be asked to complete desktop or hybrid appraisal assignments in the future. Varies widely around the country. == Mortgage applications decreased 0.8 August 16, 2023) — Mortgage applications decreased 0.8 There may be more information now. percent from 13.6

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

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. They really help.

Appraisal 72

Appraisal Business Contracts Real Estate 72

Appraisal Today

OCTOBER 27, 2023

The town of The Sea Ranch is the product of architectural pioneers who erected timber-frame, modern structures designed to honor the beauty and serenity of their surroundings. Some are busy, usually in rural areas and/or non-lender appraisals. == Mortgage applications decreased 1.0 October 25, 2023) — Mortgage applications decreased 1.0

Property Appraisal 72

Property Appraisal Appraisal Business Contracts 72

Will Springer Realtor

JULY 20, 2021

There was a time not too long ago when almost all residential real estate transactions required face-to-face customer interaction with a real estate agent/broker and ancillary services such as title, escrow, mortgage and home inspection. What’s a Rolodex?! Convenience. Efficiency. Concerned the hot-water heater may be on its last leg?

Real Estate 36

Real Estate Sellers Contracts Buyers 36

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = If you started appraising before AMCs took over, such as mortgage brokers, you had to do some marketing.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

JULY 7, 2023

Everything has been fully modernized. While higher mortgage rates remain a challenge, the year-over-year price decrease may help stimulate future sales. However, the “mortgage lock-in” phenomenon—where homeowners are reluctant to sell after buying or refinancing at lower rates before 2022—could limit future sales and inventories.

Appraisal 77

Appraisal Real Estate Contracts Mortgage 77

Appraisal Today

JANUARY 27, 2023

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. The modern kitchen features wide-board pine floors and lots of windows to soak in the natural light. Varies widely around the country. == Mortgage applications increased 7.0

Appraisal 52

Appraisal Contracts Transportation Real Estate 52

Housing Wire

MARCH 28, 2024

Then, they think about the mortgage : a good rate, good monthly payments, and approval. In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys.

HOA 420

HOA Property Management Real Estate Agent Technology 420

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. Some property managers are more adept than others in using modern technology and keeping their finger on the pulse of the industry. Reduce legal concerns. What is their pricing breakdown?

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Property Management Tenants Real Estate Investors 78