Housing Wire

JULY 8, 2021

The number of title and settlement companies offering digital closings has increased 228% since 2019, as more of the industry moves online in the wake of the COVID-19 pandemic. Per a survey of 300 title professionals conducted by the American Land Title Association , only 14% of professionals offered digital closings prior to the health crisis. Now, in 2021, 46% offer digital closings, according to Diane Tomb, ALTA chief executive officer.

Technology 479

Technology Law Government Tools 479

Appraisal Buzz

JULY 8, 2021

Fannie Mae said “Consumers are increasingly adamant that it’s a good time to sell, bad time to buy a home” as it released its June Home Purchase Sentiment Index (HPSI). The index, based on the company’s monthly National Housing Survey, shows a growing difference in the number of consumers who hold one or another of those opinions.

Sellers 370

Sellers Buyers Appraisal 370

Housing Wire

JULY 8, 2021

The average 30-year fixed-rate mortgage fell eight basis points from the week prior to 2.9%, according to data released Thursday by Freddie Mac ‘s PMMS. According to Sam Khater, Freddie Mac’s chief economist, last week’s dip followed the concurrent drop in U.S. Treasury yields earlier this week. “While mortgage rates tend to follow Treasury yields closely, other factors can be impactful such as the labor markets, which are continuing to improve per last week’s jobs report,” sai

Mortgage 458

Mortgage Inventory Investors Marketing 458

Appraisal Buzz

JULY 8, 2021

For the second straight week, mortgage rates remain under the 3% mark, but will affordability remain a deterrent to prospective homebuyers unwilling to pay for higher-priced homes? The post Mortgage Rates Fall to 2.9% appeared first on theMReport.com. The post Mortgage Rates Fall to 2.9% appeared first on Appraisal Buzz.

Mortgage 370

Mortgage Appraisal 370

Housing Wire

JULY 8, 2021

Private equity firms Flexpoint Ford and Vestar Capital Partners have bought Lereta LLC , a provider of real estate tax and flood solutions for mortgage servicers, the companies announced this week. The transaction is expected to close within a month. Financial details of the transaction were not disclosed. Lereta’s services are designed to increase efficiency, reduce penalties and liabilities and improve processes for mortgage originators and servicers.

Investing 383

Investing Technology Real Estate Design 383

Appraisal Buzz

JULY 8, 2021

Completion of sale adds industry-specific SureFire management tool to Black Knight’s array of offerings to manage customers and improve retention rates. . The post Black Knight Closes Top of Mind Acquisition appeared first on theMReport.com. The post Black Knight Closes Top of Mind Acquisition appeared first on Appraisal Buzz.

Tools 370

Tools Appraisal 370

Appraisal Buzz

JULY 8, 2021

Mortgage software maker Black Knight reports that it has completed its acquisition of Top of Mind Networks , the creator of Surefire, a mortgage industry-specific customer relationship management (CRM) and marketing automation system. Terms of the deal – which was first announced in May – were not disclosed. “Integrating Top of Mind’s capabilities across the Black Knight mortgage technology ecosystem will give our clients even greater competitive advantages,” says A

Clients 349

Clients Technology Mortgage Appraisal 349

Appraiserblogs

JULY 8, 2021

I was able to sort time adjustment methods by data source used (mostly compiled, published reports) and by the analytic used… Time adjustments is a timely topic. Recent ski-jump rises in prices have been ramp-ant in many places. Valuemetrics.info provided a free, two-hour webinar on the topic, and we had almost exactly 1000 appraisers sign up.

Appraisal 113

Appraisal Marketing 113

Appraisal Buzz

JULY 8, 2021

Jim Scott has joined Cenlar FSB , a mortgage loan subservicer and federally chartered wholesale bank, as vice president, supporting Cenlar’s default operations and client management teams. Scott has more than 25 years of experience in mortgage default management. He has held multiple titles in default management for various organizations, including seven years as a former leader in default operations for Cenlar.

Clients 195

Clients Appraisal Mortgage 195

BiggerPockets

JULY 8, 2021

While we hear stories about bidding wars and properties selling for tens—or even hundreds—of thousands of dollars above the asking price, that doesn't mean housing market fundamentals are funky. Things must change sooner or later—but the data continues to suggest that will occur gradually.

Housing Market 73

Housing Market Marketing Real Estate 73

Appraisal Buzz

JULY 8, 2021

Jim Scott’s experience in both default management and client-facing roles makes him a valuable addition to Cenlar’s team, says SVP Bob Hora. The post Cenlar Names New Company VP appeared first on DSNews. The post Cenlar Names New Company VP appeared first on Appraisal Buzz.

Clients 195

Clients Appraisal 195

BiggerPockets

JULY 8, 2021

Starting a strong financial position in your youth is probably the most important thing you can do to hit financial independence. Sometimes that strong position includes maxing out retirement accounts, […].

Finance 70

Finance 70

Appraisal Buzz

JULY 8, 2021

Mortgage rates decreased this week, with the average rate for a 30-year, fixed-rate mortgage falling eight basis points to 2.90%, down from 2.98% the previous week, according to Freddie Mac’s Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 3.03%. “Mortgage rates decreased this week following the dip in U.S.

Mortgage 195

Mortgage Appraisal Marketing 195

Lamacchia Realty

JULY 8, 2021

Is buying a vacation home on your mind? Stuck at home this summer during the pandemic wishing you had somewhere else to go maybe by a lake or the ocean? If so, then it’s essential you understand all the steps that lead to the purchase of this luxury. Whether you’re buying it as a summer/winter getaway or as an investment, a vacation home shouldn’t be a spur of the moment decision.

Real Estate Agent 68

Real Estate Agent Real Estate Realty Agents 68

Appraisal Buzz

JULY 8, 2021

This content is password protected. To view it please enter your password below: Password: The post Protected: MountainSeed is Hiring a Director of Quality Control appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Lamacchia Realty

JULY 8, 2021

Shauna Fanning has officially surpassed the impressive milestone of $16,000,000 in sales volume which qualifies her for the 2021 Lamacchia Realty President’s Club! Shauna first made the club in 2019 , and we are very excited that she is joining once again! Shauna is an extremely passionate and dedicated Realtor, serving buyers and sellers all over the South Shore area.

Realty 65

Realty Agents Realtors Sellers 65

Appraisal Buzz

JULY 8, 2021

Analysts look at which regions have the most mobile mortgagors and at how a metro-wide tendency to relocate affects appreciation. The post How Homeowner Tenure Affects Home Price Growth appeared first on theMReport.com. The post How Homeowner Tenure Affects Home Price Growth appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Mashvisor

JULY 8, 2021

Investing in real estate is one of the most effective strategies for generating a passive income and building wealth.

Investing 81

Investing Real Estate Investors 81

Appraisal Buzz

JULY 8, 2021

Elsa marks the beginning of storm season expected to threaten some 8 million homes with more than $1.9 trillion in reconstruction cost value. The post How Hurricanes Affect Local Housing Markets appeared first on DSNews. The post How Hurricanes Affect Local Housing Markets appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Marketing Appraisal 195

Mortgagebroker News

JULY 8, 2021

It is one of the latest steps in the Liberal government’s ambitious $1 billion Rapid Housing Initiative

79

79

Appraisal Buzz

JULY 8, 2021

People often confuse diversity and inclusion with inclusive marketing, but they are not one and the same. The post The Importance of Inclusive Marketing appeared first on theMReport.com. The post The Importance of Inclusive Marketing appeared first on Appraisal Buzz.

Marketing 195

Marketing Appraisal 195

East Coast Appraisal

JULY 8, 2021

If you own a home, you may be wondering about appraisals. The appraisal process is commonly done when you buy or sell a home, but you may need one for many reasons. If you think you may need a home appraisal in the near. future, check out the answers to these three commonly asked questions. 1. How Much Does a Home Appraisal Cost? The exact cost of an appraisal depends on many factors, but you can expect to spend about. $600 to $1,000. in the greater NY area.

Appraisal 52

Appraisal Appraisal Process Inspection Renovations 52

Appraisal Buzz

JULY 8, 2021

A new study has found that new opportunities are now present in the current housing market that did not exist just pre-pandemic. The post Remote Work Situations Aid in Overcoming Down Payment Hurdles appeared first on DSNews. The post Remote Work Situations Aid in Overcoming Down Payment Hurdles appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Appraisal Marketing 195

Mortgagebroker News

JULY 8, 2021

Current market conditions and the low-rate environment are fuelling this dynamic

Marketing 84

Marketing 84

Appraisal Buzz

JULY 8, 2021

Although affordability hang-ups remain, changes in the housing market over the past year have opened new doors for first-time homebuyers to save for non-traditional down payments. The post New Opportunities in the Age of the Great Reshuffle appeared first on theMReport.com. The post New Opportunities in the Age of the Great Reshuffle appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Appraisal Marketing 195

BiggerPockets

JULY 8, 2021

As a residential real estate investor, you need to determine the best places to find financing. Both mortgage bankers and mortgage brokers can close quickly—But which one is best for your particular needs?

Mortgage 56

Mortgage Finance Real Estate Investors 56

Appraisal Buzz

JULY 8, 2021

Researchers analyze relocation trends and the relationship between how long residents have lived in their homes and local home price growth. . The post Metros Where the Most Homeowners are Making Moves appeared first on DSNews. The post Metros Where the Most Homeowners are Making Moves appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Mortgagebroker News

JULY 8, 2021

Renovations and new housing demand were central factors in the industry's recent performance

Construction 76

Construction Renovations 76

Appraisal Buzz

JULY 8, 2021

FormFree ’s AccountChek 3n1 asset, income and employment verification service is available in the Encompass mortgage origination platform from ICE Mortgage Technology. The seamless API integration allows mortgage lenders to order, manage and review verification of asset (VOA) and verification of income/employment (VOIE) reports with a single provider selection in Encompass.

Technology 347

Technology Mortgage Appraisal 347

Mortgagebroker News

JULY 8, 2021

Industry executive says it's now "obvious" the corporation’s 2020 rule change was unnecessary

73

73

Eyes on Housing

JULY 8, 2021

Although lumber prices have declined somewhat recently, this follows a period of record increases that started in mid-2020 and have left prices at historic highs. In a recent NAHB survey, 94 percent of builders reported a shortage of framing lumber. Despite this, as Tuesday’s post showed, wood framing remains the dominant construction method for single-family homes in the U.S., accounting.

Construction 170

Construction 170

Mortgagebroker News

JULY 8, 2021

Housing affordability is a complex issue requiring an informed, targeted approach

73

73

Quicken Loans

JULY 8, 2021

If you follow the housing market closely, you might be realizing the market is ripe for a bit of a course correction. You can see the evidence in the data we’ll go over later on. But for a high-level overview, let’s jump into The Big Story. The Big Story. To understand why home prices might be leveling off or coming down slightly in the near future, one only needs to look at recent new and existing home sales data.

Real Estate 57

Real Estate Marketing Construction Retail 57

Mortgagebroker News

JULY 8, 2021

Latest figures point to some significant shifts in the suburbs

72

72