Housing Wire

AUGUST 17, 2022

Struggling digital mortgage lender Better.com is teaming up with secretive big data firm Palantir to create a proprietary loan platform that is says will enable Fannie Mae , Freddie Mac and mortgage investors to make “richer and deeper data-driven mortgage capital allocation decisions.”. Tinman Marketplace, as it has been dubbed, will be powered by Palantir’s Foundry operating system, which Better says will automate 70% of the mortgage process.

Investors 421

Investors Brokerage Valuation Mortgage 421

Appraisal Buzz

AUGUST 17, 2022

A new analysis from a March LendingTree study found more than 16 million vacant housing units in the U.S. This figure may seem steep but becomes more reasonable when you consider how many homes nationwide sit empty while they’re waiting to be rented or sold or their owners are staying in their primary residence. While … The post Higher Share of Vacant Homes Sit in Expensive Towns appeared first on DSNews.

Appraisal 195

Appraisal 195

Housing Wire

AUGUST 17, 2022

United Wholesale Mortgage (UWM) this week launched temporary rate buydowns, a product that allows borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment. It’s a complementary product to the wholesale lender’s “Game On” initiative , a cut-rate pricing strategy devised to grow market share with purchase buyers.

Sellers 410

Sellers Mortgage Technology Buyers 410

Appraisal Buzz

AUGUST 17, 2022

New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers. The post FHFA and Ginnie Mae Update Seller/Servicer Requirements appeared first on DSNews.

Sellers 195

Sellers Finance Appraisal Mortgage 195

Housing Wire

AUGUST 17, 2022

July saw whiplash mortgage rates and our audience followed economic news very closely. Articles about rates, housing inventory and inflation were among our most popular, including: Purchase mortgage rates fall same week as Fed rate hike New home sales make it clear, housing is in a recession The nation’s housing market is on a correction course. But we also saw some resiliency, with companies expanding loan products — especially cash out and home equity— and shoring up their mortgage servicing r

Housing Market 410

Housing Market Marketing Insurance Inventory 410

Appraisal Buzz

AUGUST 17, 2022

Today’s Buzzcast interview is with Ernie Durbin, Chief Valuation Office at Voxtur. We sat down with Ernie and Joan Trice, Founder of Allterra Group, LLC, to discuss his upcoming CE session at Valuation Expo, “ Boom or Bust ” on September 9 th at 8:30 am. Which side are you on regarding if this market is a boom or bust? What can expect to see within the market over the next 3-6 months?

Chief Valuation Officer 195

Chief Valuation Officer Marketing Valuation Appraisal 195

George Dell

AUGUST 17, 2022

Why not data science? Before we talk about anything, we need to know what ‘it’ is. What is data science? First, what is science? Science is “a systematic study, by observation or experiment; by an expert in scientific method and the field of study.” And what is data? Data is anything which can be measured, […]. The post Why Data Science? appeared first on George Dell, SRA, MAI, ASA, CRE.

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Housing Wire

AUGUST 17, 2022

Demand for mortgage loans declined to the lowest level since 2000 last week due to affordability challenges and uncertainties regarding the U.S. economy, according to the Mortgage Bankers Association (MBA). . The market composite index , a measure of mortgage loan application volume, fell 2.3% for the week ending Aug. 12, compared to the previous week.

Mortgage 384

Mortgage Retail Contracts Buyers 384

Appraisal Buzz

AUGUST 17, 2022

Today’s Buzzcast interview is with Ernie Durbin, Chief Valuation Office at Voxtur. We sat down with Ernie and Joan Trice, Founder of Allterra Group, LLC, to discuss his upcoming CE session at Valuation Expo, “ Boom or Bust ” on September 9 th at 8:30 am. Which side are you on regarding if this market is a boom or bust? What can expect to see within the market over the nest 3-6 months?

Chief Valuation Officer 195

Chief Valuation Officer Marketing Valuation Appraisal 195

Housing Wire

AUGUST 17, 2022

Title and closing software provider SoftPro has released a new integration with Pennsylvania-based Conestoga Title Insurance Company , the firms said Wednesday. Through the integration, Conestoga agents who are customers of SoftPro can now issue CPLs, as well as commitment and policy jackets within their title insurance software. SoftPro says that this eliminates the need to leave the platform and the reentering of data.

Insurance 384

Insurance Agents Business Real Estate 384

Appraisal Buzz

AUGUST 17, 2022

Credit rating agency Experian, along with the S&P Dow Jones Indices, has released its latest monthly iteration of its Consumer Credit Default Indices Report for July 2022 which aims to represent a “comprehensive” measure of changes in consumer credit default rates and shows that the composite default rate rose four basis points to 0.57% from … The post First Mortgage Default Rate Up Four Basis Points appeared first on DSNews.

Mortgage 195

Mortgage Appraisal 195

Housing Wire

AUGUST 17, 2022

Inco-Check is rebranding to QC Ally , the company announced Wednesday. Inco-Check, a provider of QC and audit solutions, was founded in 2000 and acquired in May by Narrow Gauge Capital. “While celebrating Inco-Check’s legacy of high-quality audit services, this new branding reemphasizes our shared goals and collaboration with our client partners to enhance their business,” said Donna Gibson, chief operating officer and president of QC Ally.

Logistics 384

Logistics Clients Valuation Real Estate 384

Appraisal Buzz

AUGUST 17, 2022

First American Financial Corporation has released the latest Potential Home Sales Model for the month of July 2022, which uses proprietary data to measure what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals. For the month of July, potential existing-home sales decreased to a rate of … The post Is a Normalization Upon Us?

Housing Market 195

Housing Market Appraisal Marketing 195

Housing Wire

AUGUST 17, 2022

The Federal Housing Finance Agency (FHFA) and Ginnie Mae are walking back some of the more controversial proposed eligibility requirements for sellers, servicers and issuers they oversee. But the agencies will not wipe out the requirements entirely. An initially proposed 200 basis point hedging requirement will instead be 50 basis points for both agencies.

Sellers 384

Sellers Government Lending Finance 384

GoForrmz

AUGUST 17, 2022

Help your college faculty succeed with digital forms Digital forms can be transformative, regardless of your business type, as it helps operations move quicker and grow smarter. With colleges and universities consisting of various departments and an astronomical amount of student data, there is a multitude of ways GoFormz can support your college faculty.

Technology 78

Technology Modernization Business 78

Housing Wire

AUGUST 17, 2022

Longtime Reggora executive Katherine Loveland has left the company and has been named the new CEO at mortgage marketing firm Volly. Loveland will take over for Jerry Halbrook, who will transition to executive chairman. Massachusetts-based Volly is a provider of marketing, customer engagement strategies and lending technologies for the mortgage industry.

Technology 384

Technology Lending Finance Business 384

Lamacchia Realty

AUGUST 17, 2022

Behind the incredible REALTORS® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views it’s staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.

Realty 74

Realty Brokerage Realtors Clients 74

Housing Wire

AUGUST 17, 2022

EagleBank , one of the largest community banks in metro Washington, D.C., has reached settlements with both the Federal Reserve Board and the U.S. Securities and Exchange Commission (SEC) over insider-lending allegations brought against the bank and its former top executive, Ronald Paul. The bank, which operates a mortgage-lending unit, along with its holding company, Eagle Bancorp Inc., have agreed to pay a total of $22.9 million in penalties, and Paul some $521,000, to settle the actions broug

Lending 384

Lending Government Investors Law 384

Lamacchia Realty

AUGUST 17, 2022

Lamacchia Realty has ranked on the Inc. 5000 list of the fastest-growing private companies in America for the 11 h year in a row! Moving up 118 spots from last yea r , Lamacchia ranked 2,161 on the prestigious list of quickly growing private companies. The list represents a unique look at the most successful independent small businesses in America. Well-known names such as Intuit, Zappos, Under Armour, Microsoft, and Patagonia first gained national exposure as honorees in the Inc. 5000.

Realty 68

Realty Realtors Tools Agents 68

Mashvisor

AUGUST 17, 2022

The Federal Reserve’s recent actions against inflation might have caused it to go lower, but US housing prices 2022 are still on the rise.

Real Estate 69

Real Estate Investors Finance Marketing 69

Lamacchia Realty

AUGUST 17, 2022

We are SO excited to share that Laurie Howe Bourgeois has qualified for the Lamacchia Realty President’s Club for the 4th year in a row! Laurie absolutely dominates, qualifying in 2019 , 2020 , and 2021 , and for the prestigious President’s Club ELITE in 2021. She was named the #1 agent in total sales and highest volume in the Leominster Office for 2019 , 2020 , and 2021 , and was named #1 for most transactions company-wide in 2021.

Realty 65

Realty Agents Realtors Real Estate 65

Mashvisor

AUGUST 17, 2022

Do you want to know how to buy Airbnb property with no money? The fact is that the process is much simpler than it looks. Find out more here.

Investors 69

Investors Investing Finance Real Estate 69

Mortgagebroker News

AUGUST 17, 2022

Possibilities remains despite another looming Bank of Canada rate increase

Business 69

Business Marketing Mortgage 69

Housing Wire

AUGUST 17, 2022

Mortgage lender Angel Oak Home Loans has implemented SimpleNexus ‘ all-in-one mortgage app to streamline its loan origination process. The Atlanta mortgage lender, which offers agency and non-qualified mortgage (non-QM) products, will implement the tech firm’s Nexus Origination and Nexus Engagement tools. A customized loan application developed for Angel Oak Home Loans will support both agency mortgage and non-QM lending “for borrowers of diverse financial backgrounds,” s

Lending 370

Lending Real Estate Agent Real Estate Technology 370

Mortgagebroker News

AUGUST 17, 2022

Central bank is "playing with fire as far as the economy is concerned"

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Eyes on Housing

AUGUST 17, 2022

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the second quarter of 2022 single-family attached starts totaled 38,000, which is 9.5% lower than the second quarter of 2021. Nonetheless, over the last four quarters, townhouse construction starts totaled 148,000 units, 7% higher than the prior four quarter total (138,000).

Construction 131

Construction Design 131

Mortgagebroker News

AUGUST 17, 2022

Bank of Canada still focused on bringing inflation down, say economists

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Lamacchia Realty

AUGUST 17, 2022

The Lamacchia Monthly Housing Report highlights home sale statistics, average sales prices, the number of homes listed and pending as well as price changes for single-families, condos, and multi-family homes in Massachusetts. For New Hampshire, it presents home sale statistics and average sales prices. These factors, when compared year over year, are all indicators for predicting future trends in the market.

Sellers 72

Sellers Buyers Inventory Contracts 72

Mortgagebroker News

AUGUST 17, 2022

"We know our job is not done yet," says the central bank's governor

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BiggerPockets

AUGUST 17, 2022

RV park investments are probably not the first thing you think of when somebody says “real estate investing.” You’re probably used to single-family homes, duplexes, apartments, or something that has […].

Real Estate 54

Real Estate Investing 54

Mortgagebroker News

AUGUST 17, 2022

The changes came into effect nationally on July 18

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Housing Wire

AUGUST 17, 2022

The Community Home Lenders Association and the Community Mortgage Lenders of America , two Washington, D.C. lobby groups representing smaller mortgage lenders, will join forces. The new group, the Community Home Lenders of America , will conserve CHLA’s acronym. The group will operate out of one office and merge assets. Several former congressional aides and a former top Department of Housing and Urban Development staffer will represent the new CHLA in the nation’s capital.

Mortgage 384

Mortgage Lending Insurance Government 384

Mortgagebroker News

AUGUST 17, 2022

Interest rate increases "not done yet," say investors

Investors 67

Investors 67