Housing Wire

DECEMBER 17, 2021

Special purpose acquisition companies’ appetite for real estate and mortgage businesses apparently isn’t dead yet , despite recent problems involving Better.com that pushed a merger with Aurora Acquisitions Corp. to next year, if at all. Blank check company Southport Acquisition Corporation concluded on Tuesday a $230 million capital raising to pursue acquisitions mainly in mortgage and real estate verticals in the United States. .

Real Estate 437

Real Estate Mortgage Insurance Business 437

Appraisal Buzz

DECEMBER 17, 2021

Clear Capital , a national real estate valuation technology company, has announced ClearPhoto, a set of AI-driven rules built into the company’s ClearCollateral Review solution. This new innovation automates the review of property photos, ensuring they are aligned with the appraisal data and sketch. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.

Appraisal Process 195

Appraisal Process Modernization Appraisal Technology 195

Housing Wire

DECEMBER 17, 2021

There is no slowing down Stewart Title. The smallest of the “Big Four” title insurers announced Thursday that it had acquired Michigan-based Devon Title Agency , gaining scale in a hot housing market. “The addition of Devon to the Stewart family of companies establishes us as one of the market leaders in Michigan,” Stewart Group president Steve Lessack said in a statement.

Insurance 417

Insurance Real Estate Housing Market Investing 417

Appraisal Buzz

DECEMBER 17, 2021

Stewart Information Services Corp. has acquired Devon Title Agency for an undisclosed sum. Devon is one of the largest title agencies in Michigan, with more than 30 years of providing superior title services to customers across the state. The transaction highlights Stewart’s continued emphasis on investing in key markets across the country. “The addition of Devon to the Stewart family of companies establishes us as one of the market leaders in Michigan,” says Steve.

Investing 195

Investing Appraisal Marketing 195

Housing Wire

DECEMBER 17, 2021

As we approach 2022, some concerning headwinds confront the mortgage origination industry. For companies to survive and thrive, mortgage executives must focus on three primary factors: risk, strategy and efficiency. In terms of managing financial risk, considerations include interest rate, market and reputation. Risk is becoming more pronounced as the Federal Reserve announced its plan to start tapering mortgage-backed security purchases by $5 billion , which will inevitably cause market volatil

Mortgage 407

Mortgage Development Business Technology 407

Appraisal Buzz

DECEMBER 17, 2021

In a year where home prices have risen by nearly 20%, the market is set to remain on a steady path, avoiding the typical winter cooldown. The post Winter Housing Market Heats Up appeared first on theMReport.com. The post Winter Housing Market Heats Up appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Marketing Appraisal 195

Appraisal Buzz

DECEMBER 17, 2021

Guild Mortgage, a rapidly growing mortgage lending company originating and servicing residential loans operating since 1960, has named Russ Fowlie executive vice president of loan servicing. Fowlie has 25 years of mortgage banking and servicing experience, which includes leading operations and launching and implementing successful business transformation projects.

Mortgage 195

Mortgage Lending Business Appraisal 195

Housing Wire

DECEMBER 17, 2021

HousingWire recently spoke with Selene Finance ‘s Chief Revenue Officer John Vella about the ways subservicing can help lenders and servicers going into 2022. HousingWire: What about 2022’s anticipated market makes subservicing a particularly good opportunity for lenders and servicers? John Vella: With production volumes flattening out and non-QM originations increasing, the need for originators to focus resources and cost on the front end of the business could lead to more subservic

Finance 395

Finance Business Marketing 395

Appraisal Buzz

DECEMBER 17, 2021

Russ Fowlie brings 25 years of experience to the table in building long-term relationships to create “customers for life.”. The post Guild Mortgage Appoints New Executive VP appeared first on DSNews. The post Guild Mortgage Appoints New Executive VP appeared first on Appraisal Buzz.

Mortgage 195

Mortgage Appraisal 195

Housing Wire

DECEMBER 17, 2021

Banks are increasingly looking over their shoulders as they cope with regulatory changes, worry about fines and manage business risk, according to a survey by Wolters Kluwer Compliance Solutions. The Dec. 14 survey, collected responses from 391 mortgage companies, banks and credit unions from Aug. 4 to Sept. 6 on regulatory and compliance risk concerns, the impact of regulations on institutions and the sophistication of institutions’ risk management efforts.

Modernization 395

Modernization Lending Law Business 395

Appraisal Buzz

DECEMBER 17, 2021

UHM adds Producing Area Sales Manager to oversee the growth and expansion of the southern Alabama and the Florida panhandle markets. The post Tyler Tullis Appointed Sales Manager of Union Home Mortgage appeared first on theMReport.com. The post Tyler Tullis Appointed Sales Manager of Union Home Mortgage appeared first on Appraisal Buzz.

Mortgage 195

Mortgage Appraisal Marketing 195

Housing Wire

DECEMBER 17, 2021

This past week I had the opportunity to talk to Don Taylor with HSPO and our sales team about how one can improve the sales process and to figure out why clients went with your company and why they stayed doing business as well. One of the main topics we discussed was knowing the importance of an ideal customer profile (ICP). According to Gartner, a leading technology research and consulting company, “The ideal customer profile (ICP) defines the firmographic, environmental and behavioral a

Contracts 394

Contracts Business Clients Development 394

Appraisal Buzz

DECEMBER 17, 2021

The nation’s housing inventory dropped for the 39th consecutive week, driving prices further skyward as demand continues to outpace the nation’s supply. The post U.S. Home Prices Inch Closer to Record Highs appeared first on theMReport.com. The post U.S. Home Prices Inch Closer to Record Highs appeared first on Appraisal Buzz.

Inventory 195

Inventory Appraisal 195

Appraiserblogs

DECEMBER 17, 2021

On December 15, 2021, Fannie Mae announced that it will be adopting ANSI Measuring Standard in 2022. Appraisers will be required to use the Square Footage-Method for Calculating: ANSI® Z765-2021 (American National Standards Institute®) Measuring Standard for measuring, calculating, and reporting gross living area (GLA) and non-GLA areas of subject properties for appraisals requiring interior and exterior inspections with effective dates of April 1, 2022 or later for loans sold to Fannie Mae.

Inspection 126

Inspection Appraisal Real Estate Realtors 126

Appraisal Buzz

DECEMBER 17, 2021

The nation’s housing inventory dropped for the 39th consecutive week, driving prices further skyward as demand continues to outpace the nation’s supply. The post U.S. Home Prices Inch Closer to Record Highs appeared first on theMReport.com. The post U.S. Home Prices Inch Closer to Record Highs appeared first on Appraisal Buzz.

Inventory 195

Inventory Appraisal 195

Hank Miller Team

DECEMBER 17, 2021

It’s with a MASSIVE dose of “we think” that we offer our latest opinions (12/16/21) for the first quarter of the 2022 North Atlanta real estate market. It's not a rosy outlook; expect home buyer frustration to increase in 2022. Rates are likely to increase as the Fed just responded to the record high inflation, planning at least three rate bumps for 2022.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Appraisal Buzz

DECEMBER 17, 2021

First American Docutech , a provider of document, eSign, eClose and print fulfillment technology for the mortgage industry, and member of the First American family of companies, has opened a third print and mail facility to meet growing demand for loan document fulfillment. Located in Irving, Texas, the new facility and automated technology will double First American Docutech’s production capacity.

Technology 195

Technology Appraisal Mortgage 195

Lamacchia Realty

DECEMBER 17, 2021

For the third year in a row, Matt Czepiel has officially qualified for the Lamacchia Realty President’s Club! Matt has sold over $16,000,000 in sales volume this year and we couldn’t be more excited for him for reaching this exciting milestone. Matt is a consistent top producer in the Waltham office and an expert in the local market. It comes as no surprise that Matt has qualified for this distinction once again, previously qualifying in 2019 and 2020.

Realty 74

Realty Clients Real Estate Sellers 74

Appraisal Buzz

DECEMBER 17, 2021

Guild Mortgage , a mortgage lending company originating and servicing residential loans, has named Russ Fowlie as executive vice president of loan servicing. Fowlie has 25 years of mortgage banking and servicing experience, which includes leading operations and launching and implementing successful business transformation projects. He will oversee the loan administration division of Guild Mortgage, with responsibility for enhancing the overall customer experience, from customer service through d

Mortgage 195

Mortgage Lending Business Appraisal 195

BiggerPockets

DECEMBER 17, 2021

Self-storage thrives under adverse conditions. People in challenging situations often undergo transition, and some of these transitions lead to more self-storage rentals. That doesn't mean these investments are pandemic-proof, though.

Investing 57

Investing Real Estate Investors 57

Appraisal Buzz

DECEMBER 17, 2021

Deephaven Mortgage is partnering with Incenter Appraisal Management to offer non-agency/non-QM brokers remote appraisal services for Deephaven’s loans. Deephaven will provide brokers with Incenter Appraisal Management’s RemoteVal technology, which reduces appraisal turn times from weeks to days, without compromising the integrity of the process. A dedicated Incenter Appraisal Service Team will be assigned to each broker, communicating daily on the status of their files.

Appraisal 195

Appraisal Mortgage Technology 195

BiggerPockets

DECEMBER 17, 2021

Once again, Ashley’s DMs are open for questions! This week, Brendan direct messaged Ashley asking: I’m looking at a 10-unit property at $1.9M. The current owner only has 4/10 units […].

Sellers 52

Sellers Finance Real Estate 52

Appraisal Buzz

DECEMBER 17, 2021

Both remote work situations and record-low rates are factoring into the push for second homes and vacation homes in November. The post Elevated Demand for Vacation Homes and Investment Properties appeared first on DSNews. The post Elevated Demand for Vacation Homes and Investment Properties appeared first on Appraisal Buzz.

Investing 195

Investing Appraisal 195

Mortgagebroker News

DECEMBER 17, 2021

The body has already implemented one significant change to the uninsured qualifying rate this year

68

68

Appraisal Buzz

DECEMBER 17, 2021

Buying a home is typically the largest purchase one makes in their lifetime and with that comes a lot of research. When beginning house shopping, most people tend to start at the same place they go to get all of their questions answered: the internet. Instead of pulling from MLS data, or conducting yet another “market pulse” survey, Point2, an online real estate marketplace, decided to research certain … The post Online Searches Show Shifting Priorities appeared first on DSNews.

Real Estate 150

Real Estate Appraisal Marketing 150

Mortgagebroker News

DECEMBER 17, 2021

Company claims that this is the first ever bitcoin-backed mortgage product in Canada

Mortgage 68

Mortgage 68

Appraisal Buzz

DECEMBER 17, 2021

Buying a home is typically the largest purchase one makes in their lifetime and with that comes a lot of research. When beginning house shopping, most people tend to start at the same place they go to get all of their questions answered: the internet. Instead of pulling from MLS data, or conducting yet another “market pulse” survey, Point2, an online real estate marketplace, decided to research certain … The post Online Searches Show Shifting Priorities appeared first on DSNews.

Real Estate 150

Real Estate Appraisal Marketing 150

Mortgagebroker News

DECEMBER 17, 2021

The countdown is already underway for the return of the in-person Canadian Mortgage Awards in Toronto

Mortgage 64

Mortgage 64

Appraisal Buzz

DECEMBER 17, 2021

Buying a home is typically the largest purchase one makes in their lifetime and with that comes a lot of research. When beginning house shopping, most people tend to start at the same place they go to get all of their questions answered: the internet. Instead of pulling from MLS data, or conducting yet another “market pulse” survey, Point2, an online real estate marketplace, decided to research certain … The post Keywords Show Homeowners Focused on Renovations During the Pandemic appeare

Renovations 195

Renovations Real Estate Appraisal Marketing 195

Mashvisor

DECEMBER 17, 2021

Buying a house remotely is getting more common these days.

Sellers 69

Sellers Investors Investing Real Estate 69

Appraisal Buzz

DECEMBER 17, 2021

As home values continue to trend upward, inventory is heading in the opposite direction, setting the stage for a more competitive market this winter. The post Competition Set to Return to the Housing Market? appeared first on DSNews. The post Competition Set to Return to the Housing Market? appeared first on Appraisal Buzz.

Housing Market 195

Housing Market Marketing Home Value Inventory 195

BiggerPockets

DECEMBER 17, 2021

For decades, a fierce debate has been raging in investing circles: Which is better, active or passive management?

Investing 54

Investing Finance Real Estate 54

Appraisal Buzz

DECEMBER 17, 2021

In November, 59.5% of home offers written by Redfin agents faced competition, the lowest level in 11 months, according to a new report from Redfin. That’s down from a revised rate of 61.8% in October and a pandemic peak of 74.6% in April, but up slightly from 57.3% in November 2020. The housing market remains hotter than normal due to record-low mortgage rates and an acute shortage of homes for sale.

Housing Market 195

Housing Market Agents Appraisal Mortgage 195

Clear Capital

DECEMBER 17, 2021

Our industry is at a new frontier. Housing market inventory is driving up prices, origination volume is running at capacity, and appraisal bias is a reality. This session from #NEXTSummer21 brings together a lender executive and a valuation expert to discuss how lenders are using the latest technology to help solve these challenging issues. Watch this session to learn: • How lenders can be sure appraisers are not just matching the hot market prices. • How lenders can use data more objectively to

Appraisal 36

Appraisal Marketing Valuation Inventory 36