Housing Wire
JUNE 3, 2021
The Federal Housing Finance Agency (FHFA) has extended forbearance options for multifamily properties through the end of September. The options to put off debt payments for federally-backed multifamily properties had been slated to expire at the end of June. The regulator also extended protections for tenants that property owners must adhere to in order to access forbearance.
Appraisal Buzz
JUNE 3, 2021
Mortgage rates were higher again today with multiple lenders making additional upward adjustments in the middle of the day in response to bond market volatility. The prices/yields of certain bonds are the primary building blocks for lenders as they determine where to set mortgage rates every day. Bonds respond to a variety of inputs, with the broad notion of “the economy” being one of the perennial favorites.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
JUNE 3, 2021
Independent mortgage banks (IMB) and mortgage subsidiaries of chartered banks saw an average net profit of $3,361 on each loan they originated in the first quarter of 2021, down from a reported gain of $3,738 per loan in the fourth quarter of 2020, according to a new report from the Mortgage Bankers Association. The average pre-tax production profit was 124 basis points, down from an average net production profit of 137 bps in the fourth quarter of 2020, but up on a yearly basis from the 61 basi
Appraisal Buzz
JUNE 3, 2021
In today’s Buzzcast, we dive into the topic of the new legislation happening and how it’s affecting appraisers. Today we have Bill Garber, Director of Government and External Relations from The Appraisal Institute giving a deeper look with Joan Trice, Founder of Allterra Group, LLC. They delve into the specific changes that appraisers need to know. What is the Valuation Fairness Act?
Housing Wire
JUNE 3, 2021
Fickle mortgage rates rose once again last week, this time four basis points to an average of 2.99%, according to Thursday data from Freddie Mac ‘s PMMS. However, despite fluctuating sub-3% mortgage rates, borrowers are still competing in a supply strained and overheated market. “Home prices continue to accelerate while inventory remains low and new home construction cannot happen fast enough,” said Sam Khater, Freddie Mac’s chief economist.
Appraisal Buzz
JUNE 3, 2021
The average rate for a 30-year, fixed-rate mortgage inched up slightly this week but remains below 3% at 2.99%, according to Freddie Mac’s Primary Mortgage Market Survey. . That’s up from 2.95% last week but down from 3.18% a year ago. “Home prices continue to accelerate while inventory remains low and new home construction cannot happen fast enough,” says Sam Khater, chief economist for Freddie Mac, in a statement.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Appraisal Buzz
JUNE 3, 2021
In addition to two new regional appointments, Cleveland-based lender adds new corporate trainer to keep pace with regulatory changes. The post Nations Lending Bolsters Its Corporate Training and Regional Leadership appeared first on DSNews. The post Nations Lending Bolsters Its Corporate Training and Regional Leadership appeared first on Appraisal Buzz.
Appraiserblogs
JUNE 3, 2021
“If you don’t have a seat at the table, you are on the menu…” Would it be misleading to disclose you performed a personal inspection of a property done with significant appraisal assistance in which you relied on supported demographics? Well maybe… The Appraisal Foundation has issued a discussion draft to answer this question and others similar to it and wants your opinion.
Appraisal Buzz
JUNE 3, 2021
Rates climbed slightly this week, but remain in refi-friendly territory, as the struggle between low supply and high demand continues in the housing market nationwide. The post Mortgage Rates Keep Below the 3% Mark appeared first on theMReport.com. The post Mortgage Rates Keep Below the 3% Mark appeared first on Appraisal Buzz.
Empire Appraisal Group
JUNE 3, 2021
Insurance Costs Threaten Fla. Real Estate Boom. Source: Insurance Costs Threaten Fla. Real Estate Boom | Florida Realtors. Homeowners across the state have experienced double-digit rate increases for insurance, while others have received notices that their policies will not be renewed. TALLAHASSEE, Fla. – Mounting insurance losses and rising premiums in Florida’s property-insurance market are threatening the state’s booming real estate market, according to insurance executives and in
Appraisal Buzz
JUNE 3, 2021
The need for streamlined, scalable processes to address a sudden influx of hardship requests is becoming increasingly urgent. The post Consumer Harm & the Foreclosure Moratorium appeared first on DSNews. The post Consumer Harm & the Foreclosure Moratorium appeared first on Appraisal Buzz.
Raleigh Realty
JUNE 3, 2021
Living in Rolesville, NC Moving to Rolesville? Here is what it is like living in Rolesville, North Carolina Are you considering a move to Rolesville, North Carolina? If you are looking for a home near the Raleigh area, Rolesville should be at the top of your list. Tucked away in northeastern Wake County, Rolesville is a suburb of Raleigh. Not only is the town the second oldest in Wake County, but it is considered one of the fastest-growing small towns in the state of North Carolina.
Appraisal Buzz
JUNE 3, 2021
Bank of America and the Neighborhood Assistance Corporation of America (NACA) this week announced the expansion of their national affordable homeownership mortgage program, with a goal of providing $15 billion in mortgages to low-to-moderate income homebuyers through May 2027. This partnership continues to be instrumental in helping to build wealth for those historically locked out … The post Organizations Expand Affordable Homeownership Mortgage Program appeared first on theMReport.com.
GoForrmz
JUNE 3, 2021
Digitally transform your operation with fillable digital forms, real-time data access, and new data types Many operations are still stuck on PDFs – making it hard to optimize their processes, improve the quality of collected data, and move beyond the very basics of data capture. Fortunately, digital, fillable forms provide a powerful alternative to PDFs, allowing operations to maintain the original formatting of their documents while leveraging the power of digital fields and form logic.
Appraisal Buzz
JUNE 3, 2021
Office of the Comptroller of the Currency (OCC) veteran Rafael (Ralph) DeLeon has joined Ncontracts , a provider of integrated risk management and lending compliance solutions for the financial services industry, as senior vice president of industry engagement. DeLeon previously served as the director of banking relations for the OCC, a prudential bank regulator.
Mashvisor
JUNE 3, 2021
Top 5 Rental Properties This Week: May 23rd-29th, 2021 In the eighteenth episode of the Mashvisor Real Estate Podcast: Top 5 Rental Properties This Week Mike Richardson, the star…
Appraisal Buzz
JUNE 3, 2021
With housing inventory drastically reduced, prospective buyers are jumping on the short supply, and listings are spending less and less time on the market. The post Homebuyers on the Clock appeared first on theMReport.com. The post Homebuyers on the Clock appeared first on Appraisal Buzz.
BiggerPockets
JUNE 3, 2021
Ditch the old method of buying properties and try something new. This strategy will help you survive and thrive in any market phases—and deliver more predictable results.
Appraisal Buzz
JUNE 3, 2021
The home-mortgage industry almost always slows down in winter, but not this year—experts explain why. The post ‘Highly Unusual’ Quarterly Increase in Lending Activity appeared first on theMReport.com. The post ‘Highly Unusual’ Quarterly Increase in Lending Activity appeared first on Appraisal Buzz.
BiggerPockets
JUNE 3, 2021
If you are brand new to real estate investing, it makes sense that you might not completely understand the specific risks in a way that allows for a bigger-picture view. This is simply because you don’t know what factors to look at.
Appraisal Buzz
JUNE 3, 2021
Asian households are often upheld as an economic success story, researchers note, but the statistics do not tell the whole story. The post Examining Disparities Among Asian-American Homeowners appeared first on DSNews. The post Examining Disparities Among Asian-American Homeowners appeared first on Appraisal Buzz.
Lamacchia Realty
JUNE 3, 2021
Lamacchia Realty, Inc. has released their “Top Producing Agents,” for May 2021! This program recognizes Lamacchia Realty agents with the Top 10 agents by company and Top 3 or 5 agents by office with the highest transaction numbers or sales for the month! May 2021 Winners of the Top 10 for the Company are: Bea Murphy is one of our agents based in the Norwood office, with expert local knowledge of Weymouth, Hanover, as well as the rest of the South Shore.
Appraisal Buzz
JUNE 3, 2021
When the COVID-19 pandemic struck, the global economy found itself in the midst of a revolution that sent leaders in every industry scrambling to adapt. Here’s what comes next. The post Readying for the Next Mortgage Revolution appeared first on theMReport.com. The post Readying for the Next Mortgage Revolution appeared first on Appraisal Buzz.
Mashvisor
JUNE 3, 2021
Owning traditional rentals is one of the best real estate investment strategies in 2021, and the proven way to succeed with this strategy is to invest in the best cities…
Appraisal Buzz
JUNE 3, 2021
Declines in home-purchase lending and home-equity lines of credit could not outpace the number of homeowners taking advantage of low rates and refinancing their loans. The post Refis Drive Unusually Strong Home Mortgage Activity appeared first on DSNews. The post Refis Drive Unusually Strong Home Mortgage Activity appeared first on Appraisal Buzz.
Mortgagebroker News
JUNE 3, 2021
One millennial says new rules have made buying a home "impossible right now"
Appraisal Buzz
JUNE 3, 2021
A shrinking supply of homes available faces stiff competition from buyers looking to one-up each other, as home prices continued to trend higher in May. The post Fierce Bidding Wars Drive Home Prices Upward appeared first on DSNews. The post Fierce Bidding Wars Drive Home Prices Upward appeared first on Appraisal Buzz.
Quicken Loans
JUNE 3, 2021
Real estate professionals are painfully aware of the fact that technology is disrupting the industry. The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation.
Mortgagebroker News
JUNE 3, 2021
Investment to help build housing units across three communities
BiggerPockets
JUNE 3, 2021
Most 21-year-olds aren’t thinking about Roth IRAs, early retirement, house hacking, or graduating college debt-free. But today’s guest, Anthony, is! Anthony is currently a student in community college, preparing to […].
Mortgagebroker News
JUNE 3, 2021
Analysts expect slower growth as new qualifying rules take effect this month
Mortgagebroker News
JUNE 3, 2021
Could inflation fears spark a rate hike sooner than expected?
Mortgagebroker News
JUNE 3, 2021
Mayor says project will "meet a critical need for affordable housing in a central neighbourhood of the city"
Mortgagebroker News
JUNE 3, 2021
Fintech provides digital mortgage platform that automates borrower qualification process for brokers
Expert insights. Personalized for you.
475 
Let's personalize your content