Housing Wire

MAY 7, 2021

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates. HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. .

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Housing Market Appraisal Appraisal Process Marketing 545

Appraisal Buzz

MAY 7, 2021

What will it take to create more balanced market and a less-intimidating environment for homebuyers and sellers? Experts weigh in with a new report. The post Price, Competition, Speed of Sale Set Housing Market Records appeared first on DSNews. The post Price, Competition, Speed of Sale Set Housing Market Records appeared first on Appraisal Buzz.

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Housing Market Marketing Sellers Appraisal 221

Housing Wire

MAY 7, 2021

April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March , roughly 40% of the population had achieved vaccination, and key sectors of the economy planned large-scale reopenings. Instead, the U.S. Labor Department reported that a mere 266,000 new jobs were created in April, far below projections.

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Housing Market Supply Chain Marketing Mortgage 469

Appraisal Buzz

MAY 7, 2021

Meeting the needs of today’s mortgage customers with accuracy and speed is more important than ever. Here’s how the industry is working to shorten turnaround times while maintaining a commitment to quality. The post Racing the Clock appeared first on theMReport.com. The post Racing the Clock appeared first on Appraisal Buzz.

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Appraisal Mortgage 221

Housing Wire

MAY 7, 2021

You’re all moved into your new home – now what? Unfortunately, there’s still work to be done until you can sit back and relax. And no, we’re not talking about scrolling through Pinterest for decor inspiration. As a new homeowner , there are a few important things you should do now that you’ve moved in to ensure your home is safe and secure.

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HOA Decorating Inspection Mortgage 462

Appraisal Buzz

MAY 7, 2021

Millennial homebuyers shook off a slight rise in rates in March as this segment of the market continues to lead the homeownership charge. The post Rising Rates No Obstacle to Millennials appeared first on theMReport.com. The post Rising Rates No Obstacle to Millennials appeared first on Appraisal Buzz.

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Appraisal Buzz

MAY 7, 2021

New deal expands Ocwen’s servicing and subservicing portfolios, through the acquisition of Fannie Mae and Freddie Mac MSRs. The post Ocwen Closes MSR Joint Venture appeared first on DSNews. The post Ocwen Closes MSR Joint Venture appeared first on Appraisal Buzz.

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Appraisal 195

Housing Wire

MAY 7, 2021

In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their homes during the pandemic. 58% of those individuals did the work themselves. With so many American’s spending time at home, this really shouldn’t come as a surprise.

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Home Value Home Improvement Modernization Buyers 437

Appraisal Buzz

MAY 7, 2021

Nominated for the role of HUD Deputy Secretary, NAHRO CEO Adrianne Todman will appear on Capitol Hill this week, another step toward confirmation of her new position. The post The Week Ahead: HUD Deputy Secretary Nominee to Speak Before Senate appeared first on theMReport.com. The post The Week Ahead: HUD Deputy Secretary Nominee to Speak Before Senate appeared first on Appraisal Buzz.

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Appraisal 195

Housing Wire

MAY 7, 2021

Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, decreased by 2.7 points to 79 in April 2021 after four of the survey’s six components decreased month over month. Notable was the drop in sentiment towards homebuying conditions, which was a net negative for the first time in the survey’s history.

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Housing Market Marketing Inventory Design 417

Appraisal Buzz

MAY 7, 2021

A serious dearth of inventory is making the prospect of home shopping and homebuying too daunting for a majority of Americans today, according to Fannie Mae’s National Housing Survey. In fact, consumers’ pessimism toward homebuying conditions in April set a survey record. “The Fannie Mae Home Purchase Sentiment Index decreased in April by 2.7 points to … The post Housing Survey Shows Purchase Pessimism at All-Time High appeared first on DSNews.

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Inventory Appraisal 195

Housing Wire

MAY 7, 2021

After a review of Atlanta area property records, it would appear Kim Klir is the most successful real estate agent in world history. Between April 2020 and the end of March this year, Opendoor , an iBuyer but also a residential brokerage, sold 1,613 homes listed on First Multiple Listings Service , the greater Atlanta region’s National Association of Realtors’ endorsed spot for home listings.

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Real Estate Agent Real Estate Agents Brokerage 383

Appraisal Buzz

MAY 7, 2021

For the first time in Home Purchase Sentiment Index’s history, six components decreased month-over-month, most notably the component related to homebuying conditions. The post Homebuying Sentiment Turns Net Negative appeared first on theMReport.com. The post Homebuying Sentiment Turns Net Negative appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Housing Wire

MAY 7, 2021

CARE. Sagent CARE allows borrowers to easily manage performing and non-performing loans. They can self-serve for payments and escrows, go paperless, plus monitor home equity, new offers, and tax matters. They can also quickly apply for and resolve forbearances and loan mods during hardships and access human help real-time, anytime. Product Fast Facts. #1.

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Mortgage 382

Appraisal Buzz

MAY 7, 2021

Residential construction and new home sales have been making quite a few headlines lately. Keep reading to catch up on the latest stories and market data related to new home construction and sales. Plus, join us for a high-energy Pro-Series webinar on Wednesday, May 26, 2021, “Power to Prevail in 2021 and Beyond—New Residential Construction Outlook.” New home construction in the news New homes are selling like it’s 2006 again.

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Construction Appraisal Marketing 195

Housing Wire

MAY 7, 2021

Qualia Post. Qualia Post pairs automation and a dedicated service team for mortgage lenders to take the hassle out of document fulfillment from real estate partners. Qualia Post automatically collects documents from your title company partners and stores them in the documents folder of your LOS. Product Fast Facts. #1. Eliminates countless follow-up phone calls and emails every month.

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Mortgage Real Estate 325

Appraisal Buzz

MAY 7, 2021

U.S. home prices continued to rise rapidly in March, propelled by low inventory and record demand from millennial buyers, CoreLogic’s home price index shows. The firm’s data show that home prices increased 2% in March compared with February and were up 11.3% compared with March 2020. Year-over-year, Idaho and Montana had the strongest price growth in March, up 25% and 18.8% respectively, as they continue to see an uptick in inbound migration from buyers.

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Inventory Buyers Appraisal 195

Housing Wire

MAY 7, 2021

Aspen Property Servicing Platform. Aspens Property Servicing Platform simplifies & automates processes, removing unnecessary cost and providing transparency on every servicing dollar spent, providing dashboards and analytics to drive operations and aid decision making while connecting servicers to their network. Product Fast Facts. #1. Save up to 75c on every servicing dollar. #2.

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Mortgage 294

Appraisal Buzz

MAY 7, 2021

Improvements to the nonpayment rate and forbearance activity notwithstanding, analysts continue to see seriously delinquent loans at concerning levels, especially for FHA and VA borrowers. The post Mortgage Delinquency Rate Declines at Unprecedented Pace appeared first on DSNews. The post Mortgage Delinquency Rate Declines at Unprecedented Pace appeared first on Appraisal Buzz.

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Mortgage Appraisal 221

Housing Wire

MAY 7, 2021

ACES CONNECT. By providing secure access to reporting, audits, defects, and supporting documentation, ACES CONNECT streamlines collaboration between the quality control department and internal stakeholders or external business partners. Get access to key reporting data, self-remediate audit findings and create/manage corrective action plans in coordination with your Risk Department.

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Mortgage Business 255

Appraisal Buzz

MAY 7, 2021

Even though rates began an upswing, millennials did not slow down their pace of home purchases, closing slightly more than 50% of all purchase activity. The post Millennial Purchases Pick Up in March appeared first on DSNews. The post Millennial Purchases Pick Up in March appeared first on Appraisal Buzz.

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Appraisal 195

Housing Wire

MAY 7, 2021

PerfectDocs®. PerfectDocs®, is the first complete web-based solution that provides both NTC and users a “share the work” solution. This solution enables the creation and tracking necessary to complete lien release and assignment documents, review, execute, notarize those documents, and send those documents to counties for recordation. Product Fast Facts. #1.

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Mortgage 170

Eyes on Housing

MAY 7, 2021

Of the 16% of American adults considering a future home purchase in the first quarter of 2021, 63% have moved beyond planning and are actively trying to find one to buy, up from the comparable 49% share a year earlier. This increase marks the fifth consecutive year-over-year gain in the share of prospective buyers who have become active buyers. Several.

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Buyers 176

BiggerPockets

MAY 7, 2021

Before cooking at Michelin star restaurants, Ellen Bennett worked as a lottery announcer, an English tutor, and a “booth babe”. All of these jobs taught her to be comfortable in […].

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Business Real Estate 73

Eyes on Housing

MAY 7, 2021

Job gains unexpectedly slowed in April as states lifted COVID-19 restrictions on businesses and more people are vaccinated. Total payroll employment rose by only 266,000 and the unemployment rate increased to 6.1% in April. This was a surprisingly disappointing report on the macro level. Residential construction employment rose by 3,100 in April, after an increase of 28,700 in March.

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Construction Business 149

Clear Capital

MAY 7, 2021

Watch this demo from Mortgage Innovators Conference 2021 to see how ClearProp — an interactive property analysis and valuation tool — can help you reliably assess 150 million properties across the U.S. The post ClearProp™ tech demo appeared first on ClearCapital.com, Inc.

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Valuation Tools Mortgage 68

Mashvisor

MAY 7, 2021

One major dilemma that first-time investors face is unlocking the basics of how to invest in real estate. This includes finding the best place to buy investment property.

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Investing Investors Real Estate Property Taxes 69

San Jose Real Estate

MAY 7, 2021

The real estate market in Silicon Valley can sometimes be a little quirky, so I like to approach this question from a few angles. In this article I'll make use of my charts from Altos Research, which uses listing data (not solds) and is automatically updated every week and also monthly reports from my RE Report subscription. Also I'll periodically update it with info from the MLS that I have crunched myself or anecdotal stories from those of us "in the trenches".

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Real Estate Luxury Properties Marketing Buyers 67

Clear Capital

MAY 7, 2021

The modern appraisal embraces data and technology to gather data differently. This helps not only capacity issues by saving time and money, but also underrepresented communities. Collecting data in a non-biased, standardized format helps decrease the systemic racial bias found in appraisals. Watch this Tech Talk from Mortgage Innovators Conference 2021 to learn how appraisal modernization can help unlock a better, faster, and cheaper appraisal process while closing the gap in unfair lending prac

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Inspection Appraisal Modernization Appraisal Process 66

East Coast Appraisal

MAY 7, 2021

Each step of buying a house comes with a lot of stress and excitement. You will have many roadblocks to get over, including the home's appraisal process. When you seek a bank mortgage to help fund a home, the bank will perform an appraisal to ensure the value of the home is worth what you are paying. The process is extra protection for a bank in case of foreclosure or defaulted loans.

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Appraisal Appraisal Process Sellers Contracts 52

Mortgagebroker News

MAY 7, 2021

The funds will be aimed at making idle housing supply finally usable

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Government Investing 76

Berkshire Hathaway

MAY 7, 2021

Looking for family friendly activities to do in Michigan that are also COVID friendly? Well, you’re in luck because it is the beginning of farmers market season and Michigan has plenty that you and your family can explore and enjoy. Below is a list of all the great farmers markets throughout the state: Detroit: Eastern Market, open weekly from 6am-pm.

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Marketing 47

Mortgagebroker News

MAY 7, 2021

The transaction involved more than a hundred units in several multi-residential buildings

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San Jose Real Estate

MAY 7, 2021

Sunnyvale real estate market trends & statistics.

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Real Estate Marketing Realty Housing Market 69