Housing Wire

SEPTEMBER 28, 2022

The Federal Housing Finance Agency (FHFA) Office of the Inspector General on Wednesday said the agency has not adequately defined the rules and scope of its executive compensation practices. The OIG concluded that the agency should update its rules and procedures and determine if it has enough staff to vet executive compensation decisions. The evaluation report and succeeding memo are in response to a controversy stemming from former FHFA Director Mark Calabria’s intention to pay a Fannie Mae ex

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Law Finance Business Mortgage 409

The Appraiser Coach

SEPTEMBER 28, 2022

You may have heard that you can’t have opinions about the color of a room or shaggy carpet as you’re doing your job and walking through homes… that’s dead wrong. Read More.

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Inspection Advertising Real Estate Agent Government 367

Housing Wire

SEPTEMBER 28, 2022

Fannie Mae on Tuesday launched a pilot program to help renters of multifamily properties build their credit histories and improve their credit scores. Effective Sept. 27, eligible multifamily property owners can share rent payment data through a vendor network to TransUnion , Equifax , and Experian in the renter’s credit profile. “Around 20% of the U.S. population has little to no established credit history, a group in which Black and Latino/Hispanic people are disproportionately represent

Landlords 397

Landlords Tenants Finance Government 397

Sacramento Appraisal Blog

SEPTEMBER 28, 2022

Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market. Let’s chat about this today, and I’d love to hear your take in the comments. UPCOMING (PUBLIC) SPEAKING GIGS: 10/07/22 Market update with SAR (9am-10:15am Sign up here) 10/13/22 Market update in Midtown […].

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Mortgage Real Estate Housing Market Appraisal 354

Housing Wire

SEPTEMBER 28, 2022

HousingWire recently spoke with LERETA Chief Operating Officer Jim Micali about tax season and how technology is solving legacy issues servicers have historically had with taxes. HousingWire: We’re about to go into the fourth quarter, which historically has been crunch time for servicers and tax providers. Will this tax season be any different? If so, how?

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Clients Technology Investors Development 396

Appraisal Buzz

SEPTEMBER 28, 2022

Today’s Buzzcast interview is with Joe Minnich. We sat down with Joe and Joan Trice, Founder of Allterra Group, LLC, to discuss how appraisers are a vital tool in appraising condominium properties. What can we learn from the recent collapse of a condo building? What can lenders take away from an appraiser’s expertise regarding a property? What does the future of appraising include for the education of this topic?

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Appraisal Tools Modernization 195

George Dell

SEPTEMBER 28, 2022

Editor’s Note: This is Part 3 of the series on Excess of Appraisers and how this cyclical phenomenon is affected by the five frictions of modernization. The emerging excess of appraisers is inevitable and recurring. We have questioned the first two of the five frictions on modernization: practices, standards, education, regulation and client expectation.

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Appraisal Modernization Clients 195

Housing Wire

SEPTEMBER 28, 2022

Pennymac Financial Services named longtime industry veteran Jerry Halbrook as its new chief mortgage innovation officer. Halbrook, who announced his new position via LinkedIn on Monday, brings more than 25 years of experience in mortgages. The company didn’t provide comment regarding Halbrook’s hire. The executive was most recently chief executive officer at mortgage marketing firm Volly.

Mortgage 384

Mortgage Loan Officers Lending Technology 384

Appraisal Buzz

SEPTEMBER 28, 2022

The Federal Housing Finance Agency (FHFA) has announced that its 2022 Foreclosure Prevention and Refinance Report found that Fannie Mae and Freddie Mac (the GSEs) successfully diverted 96,945 homeowners from foreclosure during the second quarter, raising the number of homeowners it has helped since they entered into conservatorship in 2008 to 6.59 million.

Finance 195

Finance Appraisal 195

Housing Wire

SEPTEMBER 28, 2022

We’re excited to have Jim Jumpe, senior vice president and chief marketing officer at Arch MI , as a part of our speaker lineup for the Marketing Leaders Success Summit at HousingWire Annual. Jumpe will be a panelist on the “1+1=3, The Marketing Strategy of M&A” panel, Oct. 3. He will rely on his vast marketing background to discuss the marketing strategies that industry professionals need to know when going through an acquisition.

Logistics 367

Logistics Real Estate Agent Real Estate Clients 367

Appraisal Buzz

SEPTEMBER 28, 2022

You may have heard that you can’t have opinions about the color of a room or shaggy carpet as you’re doing your job and walking through homes… that’s dead wrong. … Read More. The post Can You Photograph A Smell? appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Eyes on Housing

SEPTEMBER 28, 2022

Consumer confidence increased for the second straight month to the highest level since April, as solid job gains, declining gas prices and easing inflation contributed to more optimistic views of economy. However, spending plans were mixed. The purchasing intention to buy cars and major appliances increased, while the intention to buy homes fell due to the rising mortgage rates.

Mortgage 147

Mortgage 147

GoForrmz

SEPTEMBER 28, 2022

How GoFormz can help your retail business this holiday season The holiday season is around the corner, and consumers are expected to spend big this year. In 2021, US retail sales grew by 16.1%–the fastest growth rate in more than 20 years! And this upward trend is only predicted to continue. According to eMarketer , holiday retail sales are expected to reach $1.26 trillion this year. “ We expect 2022 holiday retail sales to increase 3.3% to $1.262 trillion, with brick-and-mortar increasing

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Retail Business Clients 78

McKissock

SEPTEMBER 28, 2022

For even the most veteran real estate professionals, managing time can be a struggle. That’s why it’s time to take advantage of a resource that you may be underutilizing: the weekend. Sure, you’re likely taking care of some real estate tasks on the weekend, as very few in the industry get to enjoy the standard 9-5 workweek; however, there are some things you can take care of over the course of Saturdays and Sundays during lulls that don’t take too much brainpower and will

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Real Estate Agent Real Estate Agents Open Houses 84

Eppraisal

SEPTEMBER 28, 2022

The real estate market is starting to change. We are experiencing a shift from the sizzling hot seller's market we have had the past couple of years to a more balanced market. Home values are not expected to go down, however, they are not going to continue going up at the double-digit rates they have been. Buyers will begin to have some say in their concerns about the homes they purchase.

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Buyers Inspection Home Value Sellers 68

Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? A hybrid appraisal is one that is done by involving more participants than just the appraiser.

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Appraisal Property Inspector Training Real Estate Agent 59

Lamacchia Realty

SEPTEMBER 28, 2022

HURRICANE PREPAREDNESS. With Hurricane Ian headed for Florida, it’s important for you to be prepared for anything. With any storm, there is a potential for power outages, flooding, leaks, damage to your home, and much more. What comes with that is ensuring you have adequate supplies and your house is secured, so you’re ready for everything – this includes sufficient food and water, flashlights and extra batteries, and more.

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Decorating Realty Sellers Buyers 60

Mortgagebroker News

SEPTEMBER 28, 2022

Nearly one in five consumers faced challenges in the mortgage process due to their identity, report says

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Mortgage 69

BiggerPockets

SEPTEMBER 28, 2022

Investing in real estate is a great way to generate passive income, build long-term wealth, and diversify your portfolio. However, there is no such thing as a one size fits […].

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Real Estate Investing 54

Mortgagebroker News

SEPTEMBER 28, 2022

Rents are now significantly higher than the pandemic-era trough seen in early 2021, new report says

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BiggerPockets

SEPTEMBER 28, 2022

If you’re hesitant to start your real estate investing journey, ask yourself this—where would you be now if you started ten years ago, and where could you be in ten years if […].

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Landlords Real Estate Investing 52

Mortgagebroker News

SEPTEMBER 28, 2022

Couples who separate later in life face financial barriers – but HomeEquity Bank can help

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Clients Mortgage 69

Housing Wire

SEPTEMBER 28, 2022

New home sales came in as a massive beat of sales estimates, with a 28% month-to-month increase. And, out of the 461,000 new homes available for sale, only 49,000 have been completed and are available to be occupied. These are both crazy stats! Monthly supply data fell — in normal times this would be looked at as a bullish report for housing. However, in this environment, with falling year-over-year purchase application data, this report isn’t as bullish as it seems.

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Construction Sellers Inventory Housing Market 491

Mortgagebroker News

SEPTEMBER 28, 2022

Brokers can demonstrate their value through a well-communicated exit strategy, executive says

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Lending 66

Mashvisor

SEPTEMBER 28, 2022

Tampa is one of the hottest US real estate markets. Check out our Tampa housing market predictions to see if they’re still good for 2023.

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Housing Market Marketing Real Estate Investors 36

Mortgagebroker News

SEPTEMBER 28, 2022

Top executives on women leading the way in the mortgage industry

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Mortgage 69

Housing Wire

SEPTEMBER 28, 2022

Advisory and brokerage firm Prestwick Mortgage Group is out with three new mortgage-servicing rights (MSR) offerings for agency loan pools valued in total at $2.6 billion. One of those MSR offerings involves a Ginnie Mae loan pool of 7,591 mortgages with valued at $2 billion based on the unpaid principal balance. The package is being marketed with Prestwick’s strategic partner, San Diego-based Mortgage Capital Trading (MCT) on behalf of an “independent mortgage banker.”.

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Marketing Mortgage Sellers Brokerage 397

Mortgagebroker News

SEPTEMBER 28, 2022

BC, Ontario, and Quebec will particularly benefit from the trend

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Housing Wire

SEPTEMBER 28, 2022

Despite steep financial losses, mortgage tech company Blend continues to add some of America’s largest mortgage lenders to its client roster. On Tuesday, the fintech and PNC Bank announced a partnership that allows customers to digitally apply for a mortgage and import bank/payroll information directly into their application. Once an application is submitted, customers have a single portal for tracking its status, completing outstanding tasks, reviewing and electronically signing loan docu

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Loan Officers Technology Mortgage Finance 364

Mortgagebroker News

SEPTEMBER 28, 2022

A re-balancing, not a drastic downturn, is needed

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Housing Wire

SEPTEMBER 28, 2022

After a sharp decline in July , new home sales rebounded in August, according to data released Tuesday by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. Sales of new single-family homes in August were at a seasonally adjust annual rate of 685,000, up 28.8%, but down 0.1% compared to a year ago. “A rebalancing of the housing market is continuing to throw the new construction market for a loop,” Nicole Bachaud, Zillow’s senior economist, said in a statement.

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Inventory Construction Housing Market Sellers 284

Eyes on Housing

SEPTEMBER 28, 2022

A brief decline in mortgage rates helped to boost new home sales in August but sales are expected to move lower in the months ahead as rates have since moved higher and builder sentiment continues to fall due to declining housing affordability and ongoing supply chain bottlenecks. Sales of newly built, single-family homes in August increased 28.8% to a 685,000.

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Supply Chain Mortgage 164

Will Springer Realtor

SEPTEMBER 28, 2022

You want to buy a home but you’re worried you won’t qualify for a mortgage because of your student loan debt. You’re not alone. Half of non-homeowners (51%) say student loan debt is delaying them from buying a home, according to a survey from the National Association of Realtors ®. That number jumps to 60% for Millennials.The numbers tell an ugly story of a generation paying for its education long after graduation.

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Buyers Loan Officers Mortgage Realtors 36