Housing Wire
MAY 4, 2021
In April, the Consumer Financial Protection Bureau warned the industry of its plans to keep a much closer eye on servicers as they transition borrowers out of forbearance. On Tuesday, a report from the government watchdog may have just kicked up the incentive. According to the report, in March 2021, consumers submitted more mortgage complaints to the CFPB than in any month since April 2018.
The Appraiser Coach
MAY 4, 2021
Despite what rumors you may have heard, Fannie Mae is not coming out with any new appraisal forms. Of course, I am playing with you a bit; they are coming. Read More.
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Housing Wire
MAY 4, 2021
Former Ellie Mae CEO Jonathan Corr has joined the board of directors for appraisal technology company Reggora. Corr spent 18 years at Ellie Mae before announcing his retirement in September after the company was acquired by Intercontinental Exchange. Joe Tyrrell, Ellie Mae’s chief operating officer, succeeded Corr as president of ICE. Corr helped launch Ellie Mae’s popular Encompass platform and saw revenue jump from $10 million to $1 billion during his tenure.
DW Slater Company
MAY 4, 2021
15 Years of Appraising. This month marks my 15th year of real estate appraising. I clearly remember how nervous I was to quit my teaching job and a steady paycheck to join my husband in his business. We would both be self-employed and with 7 kids that was going to be a challenge but I can say that I have never looked back. Now, don’t get me wrong, I miss my students and fellow teachers but working together with my husband has proven to be a wonderful thing.
Housing Wire
MAY 4, 2021
Remote online notarization company ProperSign announced a new electronic signature tool called QuickSign, which offers both RON and eSign capabilities. “Between the RON capability and QuickSign, professionals no longer have to shop for two different tools,” said Wyatt Long, ProperSign vice president. “And since there’s no limit to the number of documents you can execute through QuickSign, organizations can use it for sales contracts, legal or human resource documents as well.”
Eyes on Housing
MAY 4, 2021
For some home buyers, housing affordability has improved. According to the Housing Trends Report for the first quarter of 2021, 35% of buyers report being able to afford half or more of the homes available for-sale in their markets. A year earlier, that share was 23%. The increase is an indication that still relatively low mortgage rates continue to have.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
GoForrmz
MAY 4, 2021
“ There are time savings not only on the frontend, when we’re importing data, but also on the backend when we don’t have to correct mistakes that we otherwise might have made through manual entry. ” — Greg Marshall, CFO, Omega Construction. About Omega Construction Since 1975, Omega Construction has provided pre-construction and construction services to a variety of industries, including hospitality, retail, industrial and distribution, historic preservation, and commercial.
McKissock
MAY 4, 2021
It’s no secret that 2020 was a crazy year for real estate. Just about every market across the United States saw a huge influx of first-time homebuyers and sellers as a result of record-low mortgage rates and the desire for more space. Last month (April), we asked our CE Plus members , “Over the past 12 months, approximately what percentage of your clientele have been first-time real estate buyers or sellers?
BiggerPockets
MAY 4, 2021
The only two inevitable things in life are death and taxes, right? Well, sort of. Savvy real estate investors have more loopholes than most to reduce their tax burden. Here’s exactly what you need to know about capital gains taxes and how to pay as little as possible.
McKissock
MAY 4, 2021
All real estate appraisers must pass the National Uniform Licensing and Certification Examination as the final step toward earning their appraisal license. The test is not easy to pass. On average, more than 1 in 3 people fail the exam on the first try, according to The Appraisal Foundation exam statistics for 2015-2020. The good news is that there are tools available to help you succeed.
BiggerPockets
MAY 4, 2021
Taking advantage of your retirement funds through self-directed plans can be a game-changer in growing your portfolio—as long as you weigh out all the variables, run the numbers, and ensure your documents allow it.
Mashvisor
MAY 4, 2021
You already know that getting a good mortgage deal could be the difference between positive cash flow and negative cash flow when you’re looking to buy an investment property.
BiggerPockets
MAY 4, 2021
Almost 45% of the US population has been vaccinated with at least one dose of a COVID-19 vaccine, giving way to an improving job market and greater mobility. With the […].
Clear Capital
MAY 4, 2021
Watch our panel session from IMN Jumbo Mortgage Loan Virtual Symposium to hear the panelists discuss housing market trends, changes in the appraisal process, forecasting home prices, and how housing migration is affecting the jumbo market. To learn more about what is on the horizon for modernizing the appraisal process, download our white paper “ Why We’re Heading Into a Golden Age for Appraisal Modernization.” The post “Post-COVID-19 Home Values & Valuation” panel session
Cornerstone
MAY 4, 2021
Reading Time: 4 minutes. If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago.
BiggerPockets
MAY 4, 2021
Travis Watts grew up with frugal parents. They taught him about coupons, buying the off-brand products, and basic financial 101, but never taught him about real estate investing. In 2009, […].
Magnusson Group
MAY 4, 2021
Electronic Signup for Entry Numbers. If you have questions about the signup process for one of our sales, please watch the accompanying video tutorial prior to calling our office for assistance. Sign Me Up For This Sale! Friday, May 21st: 9am-3pm. Saturday, May 22nd: 9am-3pm. To receive exclusive updates about upcoming estate sales, click here. OR text MAGNUSSON to 22828.
Eppraisal
MAY 4, 2021
It's no secret that homes are selling quickly. There is stiff competition because the low inventory of available homes for sale is unprecedented. According to Gay Cororaton, the National Association of Realtor's Senior Economist and Director of Housing and Commercial Research, there is less than a 2-month supply of homes on the market. Cororaton says, "All in all we're short now about 3 million homes.
Magnusson Group
MAY 4, 2021
Electronic Signup for Entry Numbers. If you have questions about the signup process for one of our sales, please watch the accompanying video tutorial prior to calling our office for assistance. Sign Me Up For This Sale! Friday, May 21st: 9am-3pm. Saturday, May 22nd: 9am-3pm. To receive exclusive updates about upcoming estate sales, click here. OR text MAGNUSSON to 22828.
Will Springer Realtor
MAY 4, 2021
Finding a condo home that is both brand new and affordable in Seattle may sound impossible until you turn to KODA, a special kind of place in the cultural heart of the city. KODA is setting a new standard while honoring local traditions and aesthetics. Standing 17 stories tall, it is the first major residential building for Japantown, in the northwest of the Chinatown International District (ID) – yet it was built with the sensibility of its historic area.
Housing Wire
MAY 4, 2021
The U.S. Department of Housing and Urban Development (HUD) charged a now-defunct California business for allegedly targeting Hispanic homeowners with illegal and discriminatory mortgage modification services. HUD said that The House Lawyer , based in Redwood City, California, collected fees from Hispanic borrowers for loan modification services prior to completing the services, a violation of California law, while “encouraging them to withhold their mortgage payments, putting them at risk
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