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Loan officers made insane money in Q4 2020

Housing Wire

Over $4 trillion in originations made its way through the housing market last year, and new data from mortgage software firm LBA Ware revealed that by the end of 2020, loan officers played every last card in their deck to get those deals closed by New Years. Mortgage Tech Demo Day. million in funded purchase loans in Q4.

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A look at the mortgage hot topics for 2024

Housing Wire

This implies easing inflation next year, and mortgage rates near 6% would help affordability issues caused by two things: The inflation fight has fueled the mortgage rate spike Low inventory and a steady job market have put a floor on home prices The good news is that GSEs remain committed to loan approval guidelines that help in these tough cycles.

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Opinion: Automate title status check info with AI

Housing Wire

It’s not a point of pride or badge of honor for any mortgage, title, real estate or valuation firm. Loan officers dread having to email an appraisal firm for the report they’re waiting on. They serve different markets with different rules. It starts with the planning.

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ChatGPT for Appraisers

Appraisal Today

I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. Trauma, Expectations, and Cyclical Markets By Brent Bowen Excerpts: Market volatility is directly tied to fear and uncertainty. Markets hate uncertainty. How does your market compare with Ryan’s?