Housing Wire

APRIL 28, 2021

Following an almost 9% jump in mortgage applications last week , the Mortgage Bankers Association reported a 2.5% decrease in applications in its latest report for the week ending April 23, 2021. Mortgage applications decreased despite mortgage rates falling for the third week in a row, indicating high prices and low inventory, said Joel Kan, MBA associate vice president of economic and industry forecasting. “Even with a few weeks of lower rates, most borrowers have likely already refinanc

Mortgage 445

Mortgage Contracts Inventory Marketing 445

George Dell

APRIL 28, 2021

USPAP (Uniform Standards of Professional Appraisal Practice) ethics rule specifically states that “An appraiser must not perform an assignment with bias.” It defines Bias as “a preference or inclination that precludes an appraiser’s impartiality, independence, or objectivity in an assignment.” As we noted in a prior Analogue Blog, there are two types of bias: personal […].

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Appraisal 195

Housing Wire

APRIL 28, 2021

Mid-Atlantic title company Community Title Network LLC has acquired Colony Title Group LTD, an agency in Columbia, Maryland. It’s the third acquisition made by Community Title Network, which acquired Virginia-based The Settlement Group in June 2019 and Baltimore’s Continental Title Group in July 2016. Edwin Tillman, who founded Colony Title Group in 1995, will remain with the company and serve as leader of branch operations.

Technology 382

Technology Investing Mortgage 382

McKissock

APRIL 28, 2021

Buying a home can be extremely stressful. For one thing, it’s a huge expense. Plus, in some cases, it’s a once-in-a-lifetime decision. And, of course, settling on a permanent property can be a choice fraught with emotion. . It makes sense, but it can make the real estate process even tougher for buyers. That means it’s often the real estate agent’s job to ease their minds and lighten the situation.

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Real Estate Agent Real Estate Buyers Agents 87

Housing Wire

APRIL 28, 2021

In 2002, Natalya Delcoure and Norman Miller, two real estate economists, set about to learn what fees consumers pay real estate agents in America. They were especially interested in real estate commissions. What Decloure and Miller discovered was somewhat shocking. On average 6% of the proceeds from each home sale went to the participating real estate agents.

Real Estate 364

Real Estate Real Estate Agent Agents Brokerage 364

Valuation Review

APRIL 28, 2021

Drone usage continues to be a topic that appraisers just can’t seem to get enough of. In the October Research, LLC webinar “Drones: Do’s and Don’ts,” hosted by Valuation Review, panelists Scott Anderson, a commercial real estate appraiser working for the United States Department of Agriculture - Farm Services Agency, and Vic Moss, who is the chief operating officer and vice-president of Drone Service Providers Alliance (DSPA), provided many tips concerning utilizing drones for appraisal assignme

Valuation Review 60

Valuation Review Valuation Real Estate Appraisal 60

Valuation Review

APRIL 28, 2021

The CoreLogic Loan Performance Insights report indicates the national delinquency rate is the lowest since the start of the pandemic. Where do the numbers come in this month? Read on for more and hear comments from CoreLogic executives.

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Housing Wire

APRIL 28, 2021

Following the murder of George Floyd in 2020, PeerStreet CEO Brew Johnson knew his real estate investing platform needed to get involved with forwarding social change. That led to the launch of PeerStreet’s “Evolving Neighborhood Uplift Fund,” a charitable initiative used for a more purposeful and sustainable way to invest in real estate entrepreneurs from underserved communities.

Real Estate 367

Real Estate Investing Tools 367

Valuation Review

APRIL 28, 2021

The House Financial Services Committee approved HR 2553, the Real Estate Valuation Fairness and Improvement Act. This bill would establish an interagency taskforce to analyze federal collateral underwriting standards and guidance and provide resources for promoting diversity within the valuation profession. Read on for more information and learn what the Appraisal Institute said in a letter to the Senate and Sen.

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Valuation Real Estate Appraisal 60

Housing Wire

APRIL 28, 2021

Digital mortgage platform SimpleNexus now supports remote online notarization (RON) through its eClose technology, the company announced Tuesday. It will also partner with Notarize in debuting RON to eClose. It’s a big deal for lenders, who can now use the platform to complete fully-digital electronic closings on any web-enabled device — including a mobile phone, said SimpleNexus President Cathleen Schreiner Gates. “In addition to improved borrower experience, eClose offers lenders s

Technology 343

Technology Design Tools Realtors 343

BiggerPockets

APRIL 28, 2021

If investing is your side gig, you're competing against full-time investors—which will never be easy. Here are your options for succeeding without ditching your 9-to-5.

Real Estate 71

Real Estate Investing Investors Business 71

Valuation Review

APRIL 28, 2021

Cherry Creek Mortgage appointed Dave Sale to the position of vice president of vendor management, the company announced. Read on to learn more.

Mortgage 60

Mortgage 60

BiggerPockets

APRIL 28, 2021

Today, most markets are seller's markets—or will be soon. Want to invest? You have to be able to pivot to stay relevant and secure deals.

Investing 69

Investing Marketing Sellers Real Estate 69

Valuation Review

APRIL 28, 2021

AppraisalWorks announced that its platform is now available through ICE Mortgage Technology. Read on to learn more.

Technology 60

Technology Mortgage 60

Berkshire Hathaway

APRIL 28, 2021

Yes, it is true it is a sellers’ market more so than ever before and you might be tempted to try and sell your home on your own, especially when the inventory of homes is as low as it is today, and buyers are tempted to snatch up anything they can get their hands on, but we must urge against this. Though it may seem like FSBO (For Sale by Owner) is the right way to go because selling your home seems to be like it will be a breeze, this could actually be a big mistake that will in turn cost you i

Sellers 42

Sellers Marketing Realtors Training 42

Valuation Review

APRIL 28, 2021

LoanLogics released LoanLogics IDEA for MSR Transfer, the company announced in a release. Read on to learn more.

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BiggerPockets

APRIL 28, 2021

Many, many people give up on real estate after just one bad deal, one bad tenant, or one bad flip. But what if you lost all you had from real […].

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Tenants Real Estate 38

Housing Wire

APRIL 28, 2021

Following an incredible year for refinances that mostly benefited wealthier borrowers, the Federal House Finance Agency announced it is implementing a new refi product that targets low-income borrowers with single-family mortgages backed by Fannie Mae and Freddie Mac. According to the regulatory agency, this new product will assist borrowers who were less likely to take advantage of 2020’s historically low rates.

Mortgage 485

Mortgage Finance Design Lending 485

Dart Appraisal

APRIL 28, 2021

Vice President of Marketing and Business Development Dart Appraisal is looking for a creative and experienced Marketing Leader to oversee the organization’s marketing ventures as well as direct and oversee the sales and business strategy for the organization. This primarily involves developing and implementing strategies to strengthen the company’s market presence.

Business 28

Business Marketing Development Clients 28

Housing Wire

APRIL 28, 2021

The Federal Open Market Committee left future economic policies virtually unchanged at its Wednesday meeting, indicating it has not made any near-term plans to taper its asset purchases of Treasury – and mortgage-backed securities (MBS). The FOMC did alter April’s verbiage of the nation’s larger economic status given positive progress on vaccine distribution, employment and inflation.

Housing Market 431

Housing Market Marketing Mortgage Inventory 431

Appraiserblogs

APRIL 28, 2021

FHA Appraisers, on April 26, 2021, FHA issued this Temporary Partial Waiver, which is active for one year. This temporary partial waiver is effective for the 12-month period between April 26, 2021, and April 26, 2022. It is found in FHA INFO #21-25 April 27, 2021: Temporary Partial Waiver of the requirements of the single Family Housing Policy Handbook 4000.1 Section II.D.4.c.iii.

Modernization 140

Modernization Appraisal Marketing 140

Housing Wire

APRIL 28, 2021

Outrageously high lumber prices have for months been keeping builders awake at night, and it’s going to get worse before it gets better. Per the National Association of Home Builders , lumber prices have tripled over the past 12 months and have caused the price of an average new single-family home to increase by $35,872 — up from the NAHB’s calculated $24,000 extra HousingWire reported back in February.

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Supply Chain Inventory Construction Market Value 450

Housing Wire

APRIL 28, 2021

Jack Ryan, CEO of residential brokerage REX. This is Part Two of Three in HousingWire’s dive into all matters residential real estate commissions. Part one looks at how we got here. Part three looks at what’s next. . Wearing a rolled up checkered-shirt, gesticulating wildly with one arm, 61-year-old Jack Ryan is an unlikely torchbearer to storm the gates of the residential real estate establishment, and its 5% average real commission on home sales.

Real Estate 466

Real Estate Brokerage Realtors Business 466