Appraisal Buzz

MAY 6, 2024

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are now allowing home appraisals to get a second look when bias is suspected in the appraisal process.

Reconsideration of Value 195

Reconsideration of Value Valuation Appraisal Appraisal Process 195

Housing Wire

JANUARY 29, 2024

Meanwhile, homeowners insurance is increasingly becoming a bigger issue for consumers and servicers. In California, Texas and Louisiana, as well as portions of other states that are at risk for natural disasters , just getting homeowners insurance is getting more difficult as large insurers stop writing coverage.

Insurance 346

Insurance Real Estate Technology Clients 346

Housing Wire

APRIL 22, 2024

To convert these leads into business, the brokerage developed teams — also called units — headed by captains who are successful agents with high lead conversion rates. Djon Luxury Real Estate is expanding its sell-side business, training buyer-side real estate agents on the necessary contracts and selling their value to the consumer.

Brokerage 330

Brokerage Real Estate Realtors Real Estate Agent 330

Housing Wire

FEBRUARY 1, 2024

Yet as surrounding neighborhoods appreciated in value with increased amenities and services, rising costs pushed out the mostly Black, longtime residents — excluding them from the benefits of development.” Her office later had an infraction by the real estate commission and had to take extensive training on fair housing (surprise, surprise).

Real Estate 367

Real Estate Appraisal Insurance Training 367

Housing Wire

MARCH 31, 2022

The new Federal Valuation Agency would be responsible for developing real estate valuation standards and appraiser criteria, a function the Appraisal Foundation currently performs. The Department of Housing and Urban Development , in its recently-released appraisal bias task force report , amplified those findings.

Appraisal 411

Appraisal Valuation Training Government 411

Housing Wire

JANUARY 17, 2024

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. The 6% limit also includes payment of the Up-Front Mortgage Insurance Premium (UFMIP).

Finance 419

Finance Real Estate Agent Real Estate Insurance 419

Housing Wire

OCTOBER 29, 2020

Plus, we offer appraisals and field services through other Altisource’s lines of business, including insurance through CastleLine. Although the initial setup, including staffing and training, might take some time, once in place the process will be pretty smooth for the client. Security is a major priority for us too.

Mortgage 367

Mortgage Clients Insurance Training 367

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? They can be, in essence, the “boots on the ground” for investors and developers alike. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

Brokerage 363

Brokerage Real Estate Investors Development 363

Housing Wire

APRIL 13, 2022

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. Incentivizing developers is necessary.

Insurance 367

Insurance Construction Government Lending 367

Housing Wire

SEPTEMBER 16, 2021

Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates. Kris Kully: It was the six years I spent working as a new lawyer at the Department of Housing and Urban Development. doing really important work around the country.

Finance 310

Finance Legal Development Training 310

Housing Wire

AUGUST 2, 2021

VP, Sales Training. Mortgage Insurers. National Community Reinvestment Coalition, Community Development Fund. Westcor Land Title Insurance Company. WFG National Title Insurance Company. Enact Mortgage Insurance. Enact Mortgage Insurance. MIAMI Association of Realtors. Jesse Decker. Jessica Lautz.

Insurance 393

Insurance Lending Realty Finance 393

Housing Wire

JULY 29, 2021

The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice. The trade organization says it is increasing training on unconscious bias, recruiting more minorities into the field, and reviewing data on potential bias.

Appraisal 545

Appraisal Valuation Training Law 545

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 367

Insurance Real Estate Technology Loan Officers 367

Housing Wire

FEBRUARY 9, 2022

A collection of federal agencies, including the Consumer Financial Protection Bureau (CFPB), the department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA), took the Appraisal Foundation to task for its weak anti-bias guidance. Much of the report centers on the Appraisal Foundation.

Appraisal 341

Appraisal Law Training Insurance 341

Housing Wire

JUNE 8, 2023

The title insurance industry is on the front lines in a never-ending war with the fraudsters. And while all fraud is worrisome, Carol Bullion-Mincy, the business development specialist at Liberty Title Agency , said that mortgage payoff fraud is the scariest. Can you afford to lose a million dollars? Lakhani-Bhatt asked.

Technology 278

Technology Real Estate Business Insurance 278

Housing Wire

APRIL 22, 2024

Buddy up with a mortgage lender, insurance rep, or real estate attorney and work the room together. She developed training materials, classes, and coaching programs for her fellow introverts. Use the buddy system. When you’re attending a new networking group and don’t know anyone, attend with a friend.

Real Estate 333

Real Estate Real Estate Agent Agents Training 333

Appraisal Buzz

MAY 31, 2021

The term “redlining” comes from the development by the New Deal by the federal government of maps of every major metropolitan area in the country. These color codes were designed to indicate where it was safe to insure mortgages. These color codes were designed to indicate where it was safe to insure mortgages.

Valuation 370

Valuation Appraisal Real Estate Insurance 370

GoForrmz

AUGUST 25, 2021

Access to information instantaneously Immediate access to submitted new hire paperwork like I-9’s, W-4’s, insurance documents, training and more, allows for faster processing and onboarding. This functionality means hiring paperwork, training, and orientation can be completed and processed faster, putting new hires to work quicker.

Training 155

Training Insurance Tools Development 155

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. I’ve gone through extensive coaching and professional development,” he said.

Realtors 351

Realtors Technology Insurance Mortgage 351

Housing Wire

OCTOBER 13, 2023

What it means is there is a higher percentage of potential fraud per file,” Elizabeth Berg, the vice president for education and training at FNF Family of Companies , told attendees of the American Land Title Association’s ALTA One conference on Thursday. Fewer homebuying transactions means less fraud , right? “No!

Real Estate Agent 393

Real Estate Agent Real Estate Agents Sellers 393

Housing Wire

AUGUST 9, 2022

BH: Your fabulous side is definitely showcased on your social media platforms – you do a great job of highlighting your personality, while educating people about title insurance. How did you start using social media? Luna: So, the whole COVID thing happened, and we had been talking about doing a podcast and I just wasn’t sure.

Real Estate Agent 361

Real Estate Agent Real Estate Insurance Business 361

Housing Wire

MARCH 10, 2022

The Federal Housing Administration (FHA), within the department of Housing and Urban Development , provides mortgage financing for borrowers the conventional market doesn’t serve, yet it has been understaffed for over a decade.

Finance 349

Finance Development Training Government 349

Housing Wire

APRIL 16, 2024

Selden is referring to a clarification issued in a mortgagee letter by FHA Commissioner Julia Gordon in late 2022, noting that participants who have ”a direct impact on the mortgage approval decision are prohibited from having multiple roles or sources of compensation, either directly or indirectly, from a single FHA-insured transaction.”

Real Estate Agent 403

Real Estate Agent Loan Officers Real Estate Agents 403

Housing Wire

APRIL 7, 2022

In addition to complying with state laws, you must make a plan on how to train and certify staff and comply with the rules and expectations set by your underwriting and lending partners. Before you do anything, you should ask your underwriter whether they will insure RON closings at all. How should you prepare for RON?

Law 349

Law Technology Insurance Agents 349

Housing Wire

FEBRUARY 28, 2022

The title insurance industry is built on service. That development could present serious challenges. So, what happens when it becomes much more difficult for title agents to find, recruit and hire the skilled labor so necessary to their core functions? We will soon find out. But it goes beyond benefits.

Human Resources 341

Human Resources Business Agents Technology 341

Cleveland Appraisal Blog

JUNE 18, 2022

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

Appraisal 309

Appraisal Law Development Valuation 309

Housing Wire

MAY 10, 2022

In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA). Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks.

Mortgage 375

Mortgage Marketing Finance Insurance 375

GoForrmz

JUNE 3, 2022

It was staggering numbers like these that led the National Safety Council (NSC) to develop its “Work to Zero” program. ” — The Center for Construction Research and Training (2019). But, all industries would benefit from continuing their employee training and education as time goes on.

Technology 148

Technology Training Human Resources Construction 148

Appraisal Buzz

MAY 9, 2022

In recent years, the log home suppliers have developed organizations that have successfully lobbied for lower energy standards in log homes through the International Code Council or wood product organizations. Finally, a new training manual has been created by the Log Home Council. All liability falls upon the license holder, i.e,

Valuation 396

Valuation Legal Construction Appraisal 396

Housing Wire

NOVEMBER 17, 2021

HousingWire recently sat down with Eric Lee , the Senior Vice President of Product Development at DataVerify , to talk about what he sees as the challenges facing lenders today when it comes to figuring out the best way to implement automation solutions and get the best ROI possible. But the reality is they need it now more than ever.

Tools 391

Tools Technology Training Design 391

McKissock

JANUARY 6, 2023

Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. Providing you have some supervisory appraiser or training experience and good management skills, you may be able to find appraisal training opportunities.

Appraisal 74

Appraisal Training Lending Land Management 74

Housing Wire

MAY 23, 2022

During recent years, even though home equity volume was less when compared to refinance, our home equity groups still participated in the development of the technology and refinement of the services and the products that we offer. The post Prioritizing home equity solutions in a rising rate environment appeared first on HousingWire.

Technology 318

Technology Clients Housing Market Training 318

Lamacchia Realty

SEPTEMBER 16, 2022

Kim has singlehandedly developed and overseen the Human Resources department at Lamacchia Realty since its inception. Kim has been with Lamacchia Realty since 2012 and has held a variety of roles, from Administrative Assistant, Office Manager and Staff Training Manager. training ,? Lamacchia offers an array of distinctive?

Human Resources 73

Human Resources Realty Training Realtors 73

Housing Wire

APRIL 22, 2024

If you want to think outside the box, consider partnering with an ambitious insurance agent who offers both rent and homeowners insurance. Click to copy to clipboard When you’re developing your prospecting plan, incorporate some of these real estate prospecting letter templates to round out your strategy.

Real Estate 335

Real Estate Open Houses Brokerage Real Estate Agent 335

Housing Wire

DECEMBER 8, 2023

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. Deluxe: Required 90 hrs of coursework.

Real Estate 321

Real Estate Contracts Law Real Estate Agent 321

Housing Wire

NOVEMBER 17, 2023

5] Secure Errors & Omissions Insurance by connecting with a sponsoring broker firm, as you will be required to have to E&O insurance to work and perform real estate duties in Colorado. [6] Complete a Colorado and national fingerprint-based criminal background check via several options depending on your location in the U.S. [5]

Real Estate 378

Real Estate Tools Business Training 378

Housing Wire

NOVEMBER 5, 2020

It reminds me of the early 2000s, when the focus was growth and anyone who had a heartbeat could become a broker, whether they had proper training or not. We’re also working on finding solutions for the qualified mortgage and on issues surrounding flood insurance. That mentality is going to backfire on us. What does that look like?

Mortgage 449

Mortgage Loan Officers Tools Training 449