Sacramento Appraisal Blog
SEPTEMBER 14, 2021
We’re seeing more price reductions lately. Does this mean the market is starting to collapse? Are things beginning to turn? Is this 2008 all over again? I’ve been getting great questions like this lately, so let’s talk shop. Teaching my favorite class: On September 28th from 9am-12pm I’m teaching my favorite class at SAR called […].
Housing Wire
SEPTEMBER 14, 2021
Black Knight is looking to hook mortgage brokers with a new loan origination system designed specifically for them. The Florida-based mortgage tech and analytics behemoth on Wednesday unveiled “LoanCatcher” to mortgage brokers, which it described as an “end-to-end” solution that is integrated into its Surefire CRM and mortgage marketing engine.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Appraiser Coach
SEPTEMBER 14, 2021
Appraisers have been accused of being “speed bumps” in the lending process. We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. In some ways, I can understand their. Read More.
Housing Wire
SEPTEMBER 14, 2021
Nationwide Title Clearing , one of the country’s largest mortgage document prep companies , is to be acquired by settlement services firm Covius Holdings. Terms of the deal, which is expected to close in the fourth quarter of 2021, were not disclosed. In acquiring NTC, Covius is beefing up its offerings in lien release and various document production services.
Appraisal Buzz
SEPTEMBER 14, 2021
The U.S. mortgage delinquency rate fell to 4.4% in June, the lowest in more than two decades and down significantly from 7.1% in June 2020, according to CoreLogic. It was the 10th consecutive month that the overall mortgage delinquency rate dropped, as U.S. homeowners remained resilient in the face of the pandemic. Early-stage delinquencies (loans 30 to 59 days past due) represented only about 1.1% of all loans, down from 1.8% in June 2020.
Housing Wire
SEPTEMBER 14, 2021
Point, a shared equity reverse mortgage firm that gives homeowners the ability to sell a small fraction of their equity, recently announced that it has raised over $1 billion in new capital commitments from real estate and mortgage-backed securities (MBS) investors. These companies include Atalaya Capital Management (which made a prior investment in 2018), Kingsbridge Wealth Management, Palisades Group, and Redwood Trust.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Eyes on Housing
SEPTEMBER 14, 2021
In August, consumer prices increased at its slowest pace since February 2021. Prices for several travel-related categories declined in August, as the delta variant spreads. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in August on a seasonally adjusted basis, following an increase of 0.5% in July. Excluding the volatile food and.
Appraisal Buzz
SEPTEMBER 14, 2021
As Americans rush to buy houses in a continued competitive marketplace, fewer understand what they are signing at closing, according to a new study. . The post One-in-Five Understand What Closing Documents Entail appeared first on DSNews. The post One-in-Five Understand What Closing Documents Entail appeared first on Appraisal Buzz.
GoForrmz
SEPTEMBER 14, 2021
Utilize digital daily construction reports to rapidly capture job site data, capture job site images, and more – even while offline in remote locations Improve visibility into your job site with digital daily construction reports that can be completed directly from phones, tablets, and computers. Relying on paper forms, rigid PDFs, and cumbersome spreadsheets results in fragmented data and frequent human error, making it difficult to monitor job site activities, project progress, and onsite inci
Appraisal Buzz
SEPTEMBER 14, 2021
A new report has found that four out of five homebuyers polled do not understand what they are signing at the closing table. The post What’s in a Closing Document? appeared first on theMReport.com. The post What’s in a Closing Document? appeared first on Appraisal Buzz.
Urban
SEPTEMBER 14, 2021
France’s Urban Solidarity and Renewal (SRU) law has been successful in making the distribution of affordable housing more equitable in terms of evening the availability of subsidized units across municipalities, and it could be a model for the US.
Appraisal Buzz
SEPTEMBER 14, 2021
The Money Source Inc (TMS), a New York-based fintech and mortgage company, has hired Tom Donatacci as its new EVP of Business Development. As EVP, Donatacci will utilize his 35 years of experience in the mortgage industry to help further TMS’s expansion into the subservicing market. “Our top priority is to continue to build on the growth of our subservicing business leveraging technology that raises the … The post The Money Source Appoints New EVP of Business Development appeared f
Urban
SEPTEMBER 14, 2021
With the distribution of emergency rental assistance funds slowly picking up and the national eviction moratorium ending last month, real-time data that reflect the financial health of renters is critical.
Appraisal Buzz
SEPTEMBER 14, 2021
Economists say educating struggling borrowers about private-sector and government assistance could be the key to returning to pre-pandemic late-pay rates. The post Delinquencies Decline, Remain Elevated appeared first on DSNews. The post Delinquencies Decline, Remain Elevated appeared first on Appraisal Buzz.
McKissock
SEPTEMBER 14, 2021
There are an estimated 75,100 licensed appraisers in the U.S., according to the U.S. Bureau of Labor Statistics, and they come from many different backgrounds. People decide to launch a real estate appraisal career because they’re following in a family member’s footsteps or they’re intent on building a career in a field they love, as well as one that pays well and has a flexible schedule.
Appraisal Buzz
SEPTEMBER 14, 2021
The company reports that it has built a hard-to-replicate portfolio with high quality investment strategies. The post New Residential Launches Preferred Stock Public Offering appeared first on theMReport.com. The post New Residential Launches Preferred Stock Public Offering appeared first on Appraisal Buzz.
BiggerPockets
SEPTEMBER 14, 2021
On the face of it, managing a property may seem like a breeze. But don’t be fooled. Investors need to consider all the factors before deciding what to do vis-a-vis property management vs. self-management.
Appraisal Buzz
SEPTEMBER 14, 2021
BeSmartee , a fintech firm and developer of digital mortgage platforms, has integrated with Snapdocs , a digital closing platform for the mortgage industry, to provide a seamless, end-to-end borrower experience. The partnership expands the functionality of the BeSmartee Mortgage Point-of-Sale (POS) platform with the addition of digital closing capabilities, powered by Snapdocs.
Mashvisor
SEPTEMBER 14, 2021
One aspect of income property management that doesn’t get enough attention is profitability maintenance. Investors spend a lot of time seeking, evaluating, and then buying and renting investment properties.
Appraisal Buzz
SEPTEMBER 14, 2021
Covius Holdings Inc. , a provider of technology-enabled solutions to the financial services industry, has reached an agreement to acquire Nationwide Title Clearing Inc. (NTC). The transaction is expected to close early in the fourth quarter, subject to customary closing conditions. Founded in 1991, NTC is a provider of lien release and other document production services as well as research and file services for originators, servicers and the capital markets sector.
BiggerPockets
SEPTEMBER 14, 2021
The BRRRR method is an acronym for buy, rehab, rent, refinance, repeat, and it is a break from the traditional way of finding properties and running a rental business. Here's how to analyze a deal.
Appraisal Buzz
SEPTEMBER 14, 2021
The General Counsel and new Chief Administrative Officer discusses passion projects, lessons learned during a pandemic, and the importance of a supportive work culture. . The post The Exchange: Mortgage Solutions Financial’s Bobbie Collins appeared first on DSNews. The post The Exchange: Mortgage Solutions Financial’s Bobbie Collins appeared first on Appraisal Buzz.
Lamacchia Realty
SEPTEMBER 14, 2021
The latest innovation to come out of Lamacchia Realty is the Agent Field Service program which started earlier this year and until now has remained unannounced. This new service has changed the game for its agents who, despite their best efforts, cannot be in more than one place at a time. The Agent Field Service program is staffed by REALTORS® whose entire job is to provide excellent service to the REALTORS® at Lamacchia who need more help managing their client’s needs, sometimes on a one
Appraisal Buzz
SEPTEMBER 14, 2021
There are an estimated 75,100 licensed appraisers in the U.S., according to the U.S. Bureau of Labor Statistics, and they come from many different backgrounds. People decide to launch a real estate appraisal career because they’re following in a family member’s footsteps or they’re intent on building a career in a field they love, as well as one that pays well and has a flexible schedule.
BiggerPockets
SEPTEMBER 14, 2021
When you get started in real estate investing, you often don’t know what you’re doing. Is this deal going to work out? Am I choosing the right materials for my […].
Appraisal Buzz
SEPTEMBER 14, 2021
Researchers predict 2021’s most buyer friendly days, where they expect new listings to shoot up almost 18%. The post Coming Soon: The Best Week for Homebuying appeared first on theMReport.com. The post Coming Soon: The Best Week for Homebuying appeared first on Appraisal Buzz.
Mortgagebroker News
SEPTEMBER 14, 2021
This is despite total credit market debt reaching new heights during the second quarter, Statistics Canada says
Appraisal Buzz
SEPTEMBER 14, 2021
During the 2021 Five Star Conference, women making a difference in the industry will be honored at the Women in Housing Leadership Awards Luncheon, as we get to know the nominees for the 2021 Excellence in Mentorship Award. The post Announcing Five Star’s Excellence in Mentorship Award Finalists appeared first on DSNews. The post Announcing Five Star’s Excellence in Mentorship Award Finalists appeared first on Appraisal Buzz.
Mortgagebroker News
SEPTEMBER 14, 2021
Campaign promises might not be effective in addressing the long-running affordability problem, market observers say
Appraisal Buzz
SEPTEMBER 14, 2021
The Mortgage Bankers Association ‘s (MBA) latest Forbearance and Call Volume Survey has revealed that the total number of loans now in forbearance decreased by 15 basis points from 3.23% of servicers’ portfolio volume in the prior week to 3.08% as of September 5, 2021. According to MBA’s estimate, 1.5 million homeowners are in forbearance plans.
Mortgagebroker News
SEPTEMBER 14, 2021
The value of Canadians’ homes and investments has increased significantly during the pandemic
Appraisal Buzz
SEPTEMBER 14, 2021
Appraisers have been accused of being “speed bumps” in the lending process. We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. In some ways, I can understand their … Read More. The post Agents, Don’t Skip the Appraisal appeared first on Appraisal Buzz.
Mortgagebroker News
SEPTEMBER 14, 2021
What’s on the mind of mortgage professionals ahead of the September 20 election?
Will Springer Realtor
SEPTEMBER 14, 2021
Buyers preparing to pay for their new home must plan to ensure all funds are liquid – or ready – to complete the purchase. That may include the use of both contingent and non-contingent funds. The primary legal document with your seller is the purchase and sale agreement. And paragraph A of the contract states, “Buyer has sufficient funds to close this sale in accordance with this Agreement and is not relying on any contingent source of funds, including funds from loans, the sale of other proper
Expert insights. Personalized for you.
420 
Let's personalize your content