Housing Wire
OCTOBER 12, 2021
Mortgage credit availability increased for the third consecutive month in September, but is still 30% below the pre-pandemic level, according to a report released Tuesday by the Mortgage Bankers Association (MBA). Much of the growth in credit availability has come from loans that cater to self-employed borrowers, who were left in the cold by most lenders during the pandemic.
Sacramento Appraisal Blog
OCTOBER 12, 2021
The housing market is trying to get back to normal, but how close are we? On one hand we’re feeling some seasonal slowing, but it also still feels really competitive. Today let’s talk about what normal looks like. If you’re not local I’d love to hear what you’re seeing in your market. Any thoughts? Background […].
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
OCTOBER 12, 2021
Redwood Trust CEO Christopher Abate laid out a bold vision of growth for the real estate investment trust at an investor conference in New York City last month. Part of that vision included finding ways to tap into the nation’s multitrillion-dollar pool of home equity. To that end, Redwood Trust has partnered with Point, a fintech firm that provides homeowners who may not otherwise qualify for a home-equity loan with a path to tapping the equity in their homes.
Appraisal Buzz
OCTOBER 12, 2021
The U.S. mortgage delinquency rate fell to nearly pre-pandemic levels in July, decreasing to 4.2% of all mortgages, however, serious delinquencies remained elevated, according to CoreLogic. Early-stage delinquencies (30 to 59 days past due ) represented 1.1% of all loans in July, down from 1.5% in July 2020. Mortgages that were 60 to 89 days past due represented 0.3% of all loans, down from 1% in July 2020.
Housing Wire
OCTOBER 12, 2021
PNC Bank allegedly breached Fannie Mae ’s COVID-19 payment deferral agreement by continuing to charge homeowners who opted for the home retention option for past-due monthly principal and interest payments. A national class action-seeking lawsuit filed in Maryland federal court claims that PNC double-charged borrowers for their past-due principal payments and thus improperly increased the amount of their mortgages.
The Appraiser Coach
OCTOBER 12, 2021
I’ve heard the complaints from other appraisers that there are AMC’s out there that request that appraisers that work with them dress professionally. I’m not really sure why this bothers. Read More.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Appraisal Buzz
OCTOBER 12, 2021
A new study has found that delinquency rates 30 days or more past due are sliding, but nearly one million homeowners remain at least six months behind on payments. The post Mortgage Delinquencies Retreat to Pre-Pandemic Levels appeared first on DSNews. The post Mortgage Delinquencies Retreat to Pre-Pandemic Levels appeared first on Appraisal Buzz.
Housing Wire
OCTOBER 12, 2021
California Regional MLS announced the relaunch of their integrated “submit offer” feature on Tuesday. CRMLS, the country’s largest MLS , services more than 110,000 real estate professionals in southern California. The relaunch comes in response to demand for the feature from real estate professionals using CRMLS. “Submit offers” will be available to users on CRMLS Matrix, Paragon and Flexmls.
Appraisal Buzz
OCTOBER 12, 2021
Access to jumbo mortgages increased nearly 6 percent in September, pulling the Mortgage Bankers Association’s (MBA’s) Mortgage Credit Availability Index (MCAI) higher for the third straight month. The index rose 1.5 percent to 125.6, its highest level since May. An increase in the index indicates a loosening of credit standards. The index was benchmarked to 100 in March 2012.
Eyes on Housing
OCTOBER 12, 2021
In the August labor market data, job openings for the overall economy remained elevated at 10.4 million open positions. What had been a challenge in certain sectors, like construction, continues as a broad labor access issue as businesses seek workers as the economy expands. The count of open construction jobs was stable at 344,000 unfilled positions, according to data from.
Appraisal Buzz
OCTOBER 12, 2021
New six-year deal will enable Computershare to deliver continued top-notch customer service throughout the lifecycle of the mortgage via Sagent’s fintech solutions. The post Computershare Extends Servicing Pact With Sagent appeared first on DSNews. The post Computershare Extends Servicing Pact With Sagent appeared first on Appraisal Buzz.
Appraisal Hub
OCTOBER 12, 2021
A property appraisal is also known as real estate appraisal and it can help you learn your property’s real market value in Toronto. With the right appraisal company, you can acquire a certified appraisal on commercial or residential properties to be used for different purposes, such as buying and selling a house, applying for a home equity or commercial loan, or refinancing.
Appraisal Buzz
OCTOBER 12, 2021
We’re all familiar with the term “fixer-upper.” For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” The terms “entrepreneurial incentive” and “entrepreneurial profit” are typically discussed in terms of investment property, but th
McKissock
OCTOBER 12, 2021
We’re all familiar with the term “fixer-upper.” For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” The terms “entrepreneurial incentive” and “entrepreneurial profit” are typically discussed in terms of investment property, but th
Appraisal Buzz
OCTOBER 12, 2021
Wee-Cig International Corp. , a company focused on identifying and growing top tech companies in emerging markets, has announced that its controlled subsidiary dba, EZ365 , plans to join forces with Toronto-based Matrix Mortgage Global to mint critical mortgage and real estate documentation in blockchain-enabled NFT form. EZ NFT will support Matrix Mortgage Global in a shared vision of digitizing the mortgage process on the blockchain by building a system to mint key real estate documentation, T
BiggerPockets
OCTOBER 12, 2021
Tony Robinson has some great ideas, like creating a short-term rental empire in both Joshua Tree, California, and the Smoky Mountains over in Tennessee. Tony talked so highly of the […].
Appraisal Buzz
OCTOBER 12, 2021
Mortgage credit availability increased in September, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae’s AllRegs Market Clarity business information tool. The MCAI rose by 1.5% to 125.6 in September. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.
Lamacchia Realty
OCTOBER 12, 2021
We are pleased to announce the newest top REALTOR® to join Lamacchia Realty’s Chelmsford Office , Mark Beliveau ! Mark is a true expert in the industry, with over three decades of experience serving buyers and sellers throughout Massachusetts and New Hampshire. This impressive history as a broker combined with his drive to succeed make him an excellent REALTOR® we are thrilled to have in our Chelmsford Office.
Appraisal Buzz
OCTOBER 12, 2021
ServiceLink’s Phillip Petrie shares his thoughts with MReport on the future of title, from emerging threats, to potentially transformative innovations. The post What Is the Future of Title? appeared first on theMReport.com. The post What Is the Future of Title? appeared first on Appraisal Buzz.
McKissock
OCTOBER 12, 2021
At McKissock Learning, we want our customers to have all the resources they need to be successful in real estate. That’s why we’ve teamed up with RISMedia , the leading provider of the most relevant and up-to-date information related to the residential real estate market. As their Strategic Education Partner, we are able to give our customers free access to the digital edition of the RISMedia monthly magazine.
Appraisal Buzz
OCTOBER 12, 2021
One of the biggest factors people with families consider when choosing a new home is what the environment will be like for their children as they grow. To help this decision process, LendingTree has created a new report that found the best, and worst, metropolitan areas to raise a family. While any number of factors can influence the decision on where to settle, such as the … The post These Are The Best Cities To Raise A Family appeared first on DSNews.
Mortgagebroker News
OCTOBER 12, 2021
Business consultancy president on how mortgage professionals need to adapt to an ever-changing sales landscape
Appraisal Buzz
OCTOBER 12, 2021
One of the biggest factors people with families consider when choosing a new home is what the environment will be like for their children as they grow. To help this decision process, LendingTree has created a new report that found the best, and worst, metropolitan areas to raise a family. While any number of factors can influence the decision on where to settle, such as the … The post Starting A Family?
Mortgagebroker News
OCTOBER 12, 2021
Nearly three in 10 households say that they don’t earn enough to pay their bills in the first place
Appraisal Buzz
OCTOBER 12, 2021
I’ve heard the complaints from other appraisers that there are AMC’s out there that request that appraisers that work with them dress professionally. I’m not really sure why this bothers … Read More. The post Dressing as a Professional appeared first on Appraisal Buzz.
Mortgagebroker News
OCTOBER 12, 2021
A widespread appetite for carrying debt is amplifying these anxieties, new poll says
Appraisal Buzz
OCTOBER 12, 2021
While monthly mortgage payments are on the rise, a new NAR report has found progress in affordability for the second consecutive month. The post More Americans Able to Get Into Homes appeared first on DSNews. The post More Americans Able to Get Into Homes appeared first on Appraisal Buzz.
Mortgagebroker News
OCTOBER 12, 2021
The Q2 decline was the largest seen in several decades, RBC says
Appraisal Buzz
OCTOBER 12, 2021
An analysis of data by found that, year-over-year, affordability declined in August, but progress was seen monthly over the previous month with the median family income on the rise. The post Housing Affordability Shows Improvement in August appeared first on theMReport.com. The post Housing Affordability Shows Improvement in August appeared first on Appraisal Buzz.
Mortgagebroker News
OCTOBER 12, 2021
The global digital banking market is predicted to exceed US$30 billion in five years
Appraisal Buzz
OCTOBER 12, 2021
Analyzing the sale data of more than 1.9 million single-family homes in the first half of 2021, ClosingCorp has found that while property values continue to climb, closing costs have not kept up the same pace. ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, has found that the average closing costs for … The post Closing Costs Being Held In Check By Mortgage Industry appeared first on theMReport.com.
Will Springer Realtor
OCTOBER 12, 2021
If you ask me today what is the most exciting, most promising, most talked about condo in Seattle, my answer would be one single word – Spire – the highlight of the 2021 Seattle new residential openings. I have seen many new buildings over the years – with Nexus and The Emerald standing out most recently, packed with amenities and outstanding views – but Spire is, well, inspirational.
Appraisal Buzz
OCTOBER 12, 2021
New Residential Investment Corp. has entered into an agreement to purchase Genesis Capital LLC with the financial help of the Goldman Sachs Group. Genesis, who offers various funding options to the nation’s top residential single- and multi-family real estate developers, is set to originate about $2 billion in loans this year and has originated over 12,000 loans since 2014.
Expert insights. Personalized for you.
501 
Let's personalize your content