Sacramento Appraisal Blog
FEBRUARY 22, 2022
The market is going to crash. This time it’s going to be even worse. Have you been seeing more doom and gloom housing headlines? I sure have. This week I’ve had quite a few articles emailed to me. What do you think of this one? What do stats actually show? What do I say to […].
Housing Wire
FEBRUARY 22, 2022
The S&P CoreLogic Case-Shiller 20-city price index posted a 18.6% year-over-year gain in December, up marginally from 18.3% the previous month. The index increased 1.5% from November 2021. The national home price index showed similar helium, with an 18.8% growth rate between December 2021 and December 2020, basically in line with price growth in November.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraisal Buzz
FEBRUARY 22, 2022
Kelli Yarbrough recently joined BSI Financial Services , a mortgage-centric financial services company, as senior vice president and chief lending officer. Yarbrough has more than 20 years of experience in business development, underwriting and processing, and operation management. She has also led multiple mortgage origination platforms that improved retention and recapture strategies for mortgage loan servicers and originators.
Housing Wire
FEBRUARY 22, 2022
The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Explosive supply and labor costs are forcing long delays and leaving builders out of pocket, as the United States’ property fervor drives insatiable demand. . Many people are referring to this time as a ‘profitless boom’ for the building industry.
Appraisal Buzz
FEBRUARY 22, 2022
The share of mortgages remaining in forbearance plans fell to 1.30% as of January 31, however, there was some deterioration in the performance of borrowers with existing loan workouts, according the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey. The previous week, the share of loans in forbearance was 1.41%. The share of Fannie Mae and Freddie Mac loans in forbearance decreased 4 basis points to 0.68%.
Housing Wire
FEBRUARY 22, 2022
Servicers’ forbearance portfolio volume continued to drop in January, but some borrowers exiting plans are still facing financial challenges. The total number of loans in forbearance decreased by 11 basis points, from 1.41% in December to 1.30% in January, according to the Mortgage Bankers Association (MBA). In total, about 650,000 homeowners were in forbearance plans as of January 31.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Housing Wire
FEBRUARY 22, 2022
Nonbank mortgage servicer Ocwen agreed to pay $1.5 million to settle a class action lawsuit regarding alleged phone conversations recorded without clients’ consent. Plaintiff Gregory Franklin filed the lawsuit in the United States District Court for the Northern District of California in 2018. He claimed that the company violated California’s Invasion of Privacy Act by recording outgoing calls to his cell phone without authorization.
Appraisal Buzz
FEBRUARY 22, 2022
According to the Federal Housing Finance Agency House Price Index (FHFA), U.S. home prices rose 17.5% from Q4 of 2020 to Q4 of 2021. House prices were up 3.3% compared to Q3 of 2021. FHFA’s seasonally adjusted monthly index for December was up 1.2% from November. “House prices continued to climb but not as rapidly … The post U.S. Home Prices Rise Nearly 20% appeared first on DSNews.
Housing Wire
FEBRUARY 22, 2022
With rising interest rates and compressed margins, many lenders are looking to their servicing business to grow revenue. However, working with borrowers exiting forbearance programs adds another layer to an already complex process which could raise costs. Lenders who want to thread the needle between the different interests of borrowers, investors and regulators need smart, efficient mortgage software solutions to meet their servicing goals.
Appraisal Buzz
FEBRUARY 22, 2022
U.S. house prices rose 17.5% from the fourth quarter of 2020 to the fourth quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI). House prices were up 3.3% compared to the third quarter of 2021. FHFA’s seasonally adjusted monthly index for December was up 1.2% from November. “House prices continued to climb but not as rapidly during the final quarter of 2021 as in earlier quarters,” says William.
Housing Wire
FEBRUARY 22, 2022
Federal finance and housing regulators today issued a statement to assure lenders they are on the same page when it comes to special purpose credit programs. The missive from the Federal Reserve , the Federal Deposit Insurance Corporation , the Office of the Comptroller of the Currency , the Consumer Financial Protection Bureau , the Department of Housing and Urban Development , the Department of Justice and the Federal Housing Finance Agency urged creditors to “explore opportunities to develop
Appraisal Buzz
FEBRUARY 22, 2022
Servicer, and REO and asset management services provider adds 20-plus year veteran to manage client relationships, create lending policies and procedures, and supervise loan management and marketing. The post BSI Names Kelli Yarbrough SVP, Chief Lending Officer appeared first on DSNews. The post BSI Names Kelli Yarbrough SVP, Chief Lending Officer appeared first on Appraisal Buzz.
Housing Wire
FEBRUARY 22, 2022
CoStar continues to grow and make money, and if you don’t like it – tough. “Like any company we have people who decide the demands of the environment are not for them and that’s fine,” said Andy Florance, CoStar’s CEO, on the company’s earnings call Tuesday. . Florance was alluding to a Business Insider article that claimed CoStar is overbearing in keeping tabs on employees who work remotely amid the Covid-19 pandemic.
The Appraiser Coach
FEBRUARY 22, 2022
What makes a contract a contract? Is it the legal prose, the professional typesetting, or the date across the top? I’m no lawyer, but my mentor once told me that. Read More.
Appraisal Buzz
FEBRUARY 22, 2022
HUD announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Kansas affected by severe storms and straight-line winds on December 15, 2021. A record-breaking wind storm in the caused widespread damage, that also led to numerous grassfires, severe weather, damaging wind gusts, and blowing dust.
Eyes on Housing
FEBRUARY 22, 2022
National home prices grew at an unsustainable pace in December, supported by strong demand and record-low inventory. Home price appreciation is expected to slow in the coming quarters as rising mortgage rates price some homebuyers out of the market. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual.
Appraisal Buzz
FEBRUARY 22, 2022
What makes a contract a contract? Is it the legal prose, the professional typesetting, or the date across the top? I’m no lawyer, but my mentor once told me that … Read More. The post A Contract is Born appeared first on Appraisal Buzz.
Appraiserblogs
FEBRUARY 22, 2022
SEE the differences between the THREE versions of the 1004 reports, what I euphemistically call “flavors.” Appraisers, recent watercooler discussions by appraisers focus on the new ‘desktop’ appraisals many will be requested to do. Now that the GSE’s have “formally” approved non-appraiser-inspected reports for first mortgage lending (or will very soon – not sure of the exact effective date), you may want to actually SEE the differences between the THREE versions of the 1004 reports, what I euphe
Appraisal Buzz
FEBRUARY 22, 2022
A new survey reveals 43% of homeowners believe discrimination played a role in the results of their home appraisal. The post New Report Examines Home Appraisal Discrimination appeared first on DSNews. The post New Report Examines Home Appraisal Discrimination appeared first on Appraisal Buzz.
GoForrmz
FEBRUARY 22, 2022
Learn how digital forms simplify retail inventory management with our powerful form builder and captured data Whether your retail store is a national brand or a small boutique, inventory management is a critical component of business operations. Digital forms allow businesses of all sizes to simplify data collection and increase efficiency across cross-functional teams.
McKissock
FEBRUARY 22, 2022
Did you know? McKissock’s Unlimited Learning Members enjoy 24/7 access to online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources covering a wide range of topics—such as completing the URAR, mastering appraisal math, adopting new technologies, and appraising specific kinds of properties, to name a few. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your career.
Mashvisor
FEBRUARY 22, 2022
The COVID-19 pandemic might have slowed things down for all of us, but after almost two years in it, people have already made the necessary adjustments to navigate the situation…
Lamacchia Realty
FEBRUARY 22, 2022
The Pandemic has caused mortgage rates to linger around the 3% range for a while now after having initially dipped into the high twos in what was a historically low number. Economic stimulus programs intended to prop up the economy during the Covid era are tapering off, unemployment is down, and inflation is on the rise. The combination of these factors are what drive rates up and for the first time in nearly three years , we are looking at an average of 4% for a 30-year FRM.
Mashvisor
FEBRUARY 22, 2022
Going into real estate means that you’ll be investing quite a sum of money into a property and expecting a good return from selling it or renting it out.
BiggerPockets
FEBRUARY 22, 2022
What does it take to be a successful entrepreneur? Here we look at a few critical traits and how they will help you achieve success in your business endeavors—whether in real estate or otherwise.
Mashvisor
FEBRUARY 22, 2022
Are you seeking to diversify your real estate portfolio in 2022? If yes, Airbnb Sanford FL should be one area of interest to watch out for.
Mortgagebroker News
FEBRUARY 22, 2022
With social media usage set to rocket in the coming years, the opportunities for the mortgage brokering sector are clear
BiggerPockets
FEBRUARY 22, 2022
As a performance coach, my discoveries of how life works continue to evolve. This led me to ask, “Why is self-improvement important?” The answer is, “It’s not.” It’s actually disempowering.
Mortgagebroker News
FEBRUARY 22, 2022
Lenders could increasingly seek clarification on whether work-from-home arrangements are indeed permanent
BiggerPockets
FEBRUARY 22, 2022
Knowing how to find a real estate agent is one thing. Knowing how to find a truly investor-friendly agent is another. While most real estate agents and realtors can show […].
Mortgagebroker News
FEBRUARY 22, 2022
Investment activity in the sector surged during Q4 2021, new report says
Eppraisal
FEBRUARY 22, 2022
The key to comprehending economics and finance is to understand prices. These do not exist in a vacuum but touch upon supply and demand; interest rates; investment portfolios; and even employment rates. Lowered prices often reflect declining demand for products and services. Rising prices can conversely indicate stronger demand, but not always. Sometimes, rapidly increasing costs result from inflation, i.e., when the purchasing power of money weakens due to an expansion in the overall money supp
Mortgagebroker News
FEBRUARY 22, 2022
Local governments are currently not doing enough to boost BC's housing supply, officials say
Will Springer Realtor
FEBRUARY 22, 2022
Buying a home should be an exciting experience. Sure, there are potential speed bumps along the journey to your dream home and gaining knowledge about the process before starting the search can help avoid surprises. In our all-digital, all-day society, it’s no surprise that many prospective buyers start by searching online for properties – 41% of recent buyers did so, according to a National Association of Realtors® survey published in 2021.
Expert insights. Personalized for you.
446 
Let's personalize your content