Housing Wire

JULY 26, 2022

Guild Mortgage rolled out a new program, aimed at first-time homebuyers, which will accept rental payment records and residual income history in place of credit scores. If the borrowers’ report from financial tech company FormFree , which provides the rental payment history and residual income analysis, shows consistent payment records, the borrowers may qualify to receive a lower interest rate and lower fees, according to a statement from Guild Mortgage.

Mortgage 370

Mortgage Retail Real Estate Lending 370

Appraisal Buzz

JULY 26, 2022

Emporium TPO , a non-QM wholesale lender headed by mortgage banking veterans Steve Nadon and Daniel Goodwin, is now using OptifiNow as its CRM and marketing automation and CRM platform. Emporium TPO chose OptifiNow because of its extensive experience with wholesale mortgage lending and the level of support they provide their clients. The lender has goals to grow quickly by hiring the right people and using technology that is functional but cost-effective.

Marketing 369

Marketing Lending Clients Technology 369

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. Sprout has been sued by former employees , vendors and business partners since it shut down its operations in early July, laying off its entire staff without severance or their last paychecks.

Mortgage 366

Mortgage Legal Lending Investors 366

The Appraiser Coach

JULY 26, 2022

I’ve been asked how much should be filled out on site during a mobile appraisal. I know there’s a lot of ways out there to do this; there are almost. Read More.

Appraisal 370

Appraisal Advertising Real Estate Agent Government 370

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. Sprout has been sued by former employees , vendors and business partners since it shut down its operations in early July, laying off its entire staff without severance or their last paychecks.

Mortgage 361

Mortgage Legal Lending Investors 361

Appraisal Buzz

JULY 26, 2022

OSB Community Bank , an Illinois-chartered commercial bank with loan officers operating out of branches in Ottawa, Marseilles and Morris, Illinois, is now using Nexus Closing by SimpleNexus to support hybrid closings. The bank will leverage Nexus Closing alongside Nexus Engagement and Nexus Origination — tools the bank has used for six years — to facilitate a ‘from anywhere’ borrower experience from application to closing.

Loan Officers 195

Loan Officers Tools Appraisal Mortgage 195

Appraisal Buzz

JULY 26, 2022

As Visio Lending celebrates 10 years, CEO Jeff Ball reflects on some of the top innovations in the SFR marketplace, and what lies beyond. The post A Look Back at the Top SFR Trends Over the Past Decade appeared first on DSNews. The post A Look Back at the Top SFR Trends Over the Past Decade appeared first on Appraisal Buzz.

Lending 195

Lending Appraisal 195

McKissock

JULY 26, 2022

Purchasing property, especially a home, can be a very emotional experience. As a buyer agent , it is your job to be the voice of reason, the buffer, and sometimes the peacemaker. While many transactions are completed with a minimum of negotiations , others are fraught with haggling over price, repairs, timelines, etc. You have the power to set expectations and to take all the back and forth negotiation in stride.

Real Estate 81

Real Estate Counter Offer Buyers Inspection 81

Appraisal Buzz

JULY 26, 2022

It’s no secret that the pandemic threw a wrench in the housing market upending traditional moving and migration patterns as those with the means fled crowded urban areas for the suburbs and beyond seeking less crowded and infected place with a lower cost of living to ride out the pandemic. But now as the pandemic … The post Growing Cities May Be First to Feel Recession appeared first on DSNews.

Housing Market 195

Housing Market Appraisal Marketing 195

Will Springer Realtor

JULY 26, 2022

For more than 65 years, the Alaskan Way Viaduct served Seattle well by whisking thousands of drivers on a double-decker freeway along the city’s waterfront. The viaduct was a wonderful route to the stadiums and airport when driving south or to downtown, Belltown and South Lake Union going north. Living within a few blocks of the concrete-and-rebar edifice, however, was another story.

Marketing 69

Marketing Buyers Construction Realtors 69

Appraisal Buzz

JULY 26, 2022

House prices rose nationwide in May, up 1.4% from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI). House prices rose 18.3% from May 2021 to May 2022. The previously reported 1.6% price change for April 2022 was revised downward to 1.5%. For the nine census divisions, seasonally adjusted monthly house price changes from April 2022 to May 2022 ranged from +0.2% in the Pacific division to +2%.

Finance 195

Finance Appraisal 195

Mashvisor

JULY 26, 2022

As a rental property owner, knowing the rental comps near me can help me charge the right rent to my tenants. But how do you find this data?

Tenants 74

Tenants Tools Investors Real Estate 74

Appraisal Buzz

JULY 26, 2022

This content is password protected. To view it please enter your password below: Password: The post Protected: AppraisalWorks, Verified Freddie Mac Software Partner, Announces Flagship Platform Supports ACE+ PDR appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Houston Properties

JULY 26, 2022

Ranked 7th among North American cities with most number of new highrise developments, Houston has more than 20 new highrises.

Construction 69

Construction Development 69

Appraisal Buzz

JULY 26, 2022

I’ve been asked how much should be filled out on site during a mobile appraisal. I know there’s a lot of ways out there to do this; there are almost … Read More. The post Less Isn’t Always More appeared first on Appraisal Buzz.

Appraisal 150

Appraisal 150

BiggerPockets

JULY 26, 2022

Many investors are sitting on the sidelines as they wait to see what the market—equities and real estate—will do in the coming months. While active investing may not be as […].

Real Estate 60

Real Estate Investors Investing Marketing 60

Appraisal Buzz

JULY 26, 2022

CoreLogic S&P Case-Shiller Index reports higher mortgage rates and recessionary concerns are taking a toll on buyer demand, as growth eased slightly in May from the pace of the prior two months. The post Home Price Appreciation Slows for Second Straight Month in May appeared first on DSNews. The post Home Price Appreciation Slows for Second Straight Month in May appeared first on Appraisal Buzz.

Buyers 150

Buyers Appraisal Mortgage 150

Mortgagebroker News

JULY 26, 2022

"When you have that data available and you know what you can do and what you can’t do, it allows for easier risk assessments in a very time-sensitive environment"

Mortgage 56

Mortgage 56

BiggerPockets

JULY 26, 2022

Knowing how to buy your first rental property can be the difference between you building a life of financial freedom or merely treading water working for active income. The life […].

Real Estate 58

Real Estate 58

Mortgagebroker News

JULY 26, 2022

The rapid rise in interest rates and continually elevated inflation levels are taking their toll

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59

Housing Wire

JULY 26, 2022

Tuesday’s report on new home sales came in as a miss of estimates and prior revisions were all negative. This data line confirms what we all know to be the case: The housing market, at least as it relates to construction, is in a recession. What I have always tried to do with my economic work is to connect the dots or show a pathway to why something could happen.

Construction 504

Construction Housing Market Inventory Marketing 504

Mortgagebroker News

JULY 26, 2022

Learning more about options like a reverse mortgage key in breaking traditional mindset

Mortgage 60

Mortgage 60

Appraisal Buzz

JULY 26, 2022

GSE adds 20-plus year compliance veteran Dennis Hermonstyne Jr. to oversee risk management for the company’s legal, regulatory, and conservatorship obligations. The post Freddie Mac Taps Former Santander Exec to Lead Compliance Efforts appeared first on DSNews. The post Freddie Mac Taps Former Santander Exec to Lead Compliance Efforts appeared first on Appraisal Buzz.

Legal 39

Legal Appraisal 39

Mortgagebroker News

JULY 26, 2022

Rising interest rates are giving many pause for thought in the commercial space

Construction 62

Construction 62

Houston Properties

JULY 26, 2022

Check out luxurious Medical Center Area's Townhomes! Find Medical Center Houston townhomes for sale by location, neighborhood, schools, etc.

36

36

Mortgagebroker News

JULY 26, 2022

The city's market has cooled in recent weeks, although prices remain robust

Housing Market 61

Housing Market Marketing 61

Houston Properties

JULY 26, 2022

Guide to one of Houston's best performing neighborhoods. View Houston Heights' real estate trends, data, & top performing areas.

Real Estate 36

Real Estate Marketing 36

Mortgagebroker News

JULY 26, 2022

'Employees are struggling and we’re seeing a very sharp drop when it comes to experience scores'

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53

Houston Properties

JULY 26, 2022

Tired of traffic? See "Houston's Walkable Neighborhoods".

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53

Mortgagebroker News

JULY 26, 2022

Developers are shying away from projects due to mounting material costs and a lack of skilled labour

Development 50

Development 50

Housing Wire

JULY 26, 2022

For those of us in the business of analyzing the housing market, the past two years have been quite a ride. The market’s insatiable demand for real estate, combined with low interest rates and even lower inventory, created a feeding frenzy that drove insane bidding wars, sent home prices skyrocketing, and frustrated many would-be home buyers. And with the pandemic changing some of our traditional seasonal patterns, it’s been challenging at times for us to predict what would happen next.

Inventory 365

Inventory Sellers Buyers Marketing 365

Mortgagebroker News

JULY 26, 2022

Founders reveal the best practices that have led to continued growth even during the pandemic

Brokerage 47

Brokerage 47

Housing Wire

JULY 26, 2022

Home-price growth nationwide downshifted further in May, posting a 19.7% annual gain, compared with a 20.6% increase in March and a 20.4% jump in April, the latest S&P CoreLogic Case-Shiller Home Price Indices report shows. The report’s 10-City Composite Index recorded an annual increase of 19%, down from 19.6% the prior month. The 20-City Composite Index posted a 20.5% annual gain, down from 21.2% in April.

Housing Market 369

Housing Market Inventory Retail Marketing 369

Mortgagebroker News

JULY 26, 2022

Tenants continue to show a steady appetite for the region’s office space options

Tenants 47

Tenants Marketing 47