Housing Wire

NOVEMBER 9, 2021

One of the most unloved American economic success stories has been how spectacular American households with mortgage debt look today. Let’s take a look at the New York Federal Reserve’s Household Debt and Credit Report for the third quarter, released today. The most important factor is that debt structures are vanilla. Post-2010, lending standards in America became normal again, and while I still believe they’re very liberal, they’re sane.

Mortgage 523

Mortgage Lending Housing Market Marketing 523

The Appraiser Coach

NOVEMBER 9, 2021

Over and over again, in just about any mastermind group or private coaching, I see the same phenomenon. People get comfortable with what they’re doing and, even when they are. Read More.

Advertising 195

Advertising Real Estate Agent Government Business 195

Housing Wire

NOVEMBER 9, 2021

Mortgage delinquency rates hit the lowest level since the beginning of the pandemic in August, according to the most recent CoreLogic Loan Performance Report. However, some borrowers are still facing severe financial challenges. In August, 4% of mortgages were delinquent by at least 30 days, including foreclosure, a drop from the 6.6% rate in August of 2020.

Mortgage 498

Mortgage Inventory Marketing 498

Appraisal Buzz

NOVEMBER 9, 2021

Mortgage credit availability did little to crawl back to pre-pandemic levels last month. The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) inched up only 0.1 percent in October to 125.7. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.

Lending 195

Lending Mortgage Appraisal 195

Housing Wire

NOVEMBER 9, 2021

Ocwen Financial Corporation (NYSE: OCN), the parent company of leading reverse mortgage lender Liberty Reverse Mortgage, has reported that its reverse mortgage volume has nearly doubled year-over-year and has described anticipation for further incorporating servicing company Reverse Mortgage Solutions (RMS) into its operations to transform Liberty into an end-to-end, full-service lender.

Mortgage 382

Mortgage Business Retail Marketing 382

Appraisal Buzz

NOVEMBER 9, 2021

Nationally, median home prices rose to $294,488 in September, marking the sixth straight month of increases. The post Rapid Housing Price Appreciation Trend Continues appeared first on DSNews. The post Rapid Housing Price Appreciation Trend Continues appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Appraisal Buzz

NOVEMBER 9, 2021

In newly created role, industry vet joins HECM and private reverse mortgage sales and origination technology provider to oversee sales, business development, and marketing efforts. The post Bill Mitchell Joins ReverseVision as Chief Revenue Officer appeared first on theMReport.com. The post Bill Mitchell Joins ReverseVision as Chief Revenue Officer appeared first on Appraisal Buzz.

Development 195

Development Technology Business Appraisal 195

Housing Wire

NOVEMBER 9, 2021

The first signs of a shifting market cycle are already here. Purchase volume has caught up with, and will likely soon eclipse, refinance volume. And the whispers of margin compression are again being heard across the mortgage industry. The refinance explosion of 2020 wasn’t going to last forever. But it’s been a while since mortgage lenders had to really focus on being competitive in a more challenging purchase market.

Mortgage 378

Mortgage Clients Training Marketing 378

Appraisal Buzz

NOVEMBER 9, 2021

A new survey by Redfin has found that the number of single-income households has increased during the pandemic, either by choice or by circumstance. According to the survey, which polled 1,023 Redfin users in August, 34% of people who moved into a new home since March 2020 indicated their household only had one stream of income. … The post Share of Single-Income Homes Rises appeared first on theMReport.com.

Appraisal 195

Appraisal 195

Housing Wire

NOVEMBER 9, 2021

Solex® eClosing. Trusted by the nation’s leading lenders, Solex eClosing has enabled over 550,000 digital loan closings. Providing borrowers the contactless closing they seek, this solution has delivered on the promise of digitization streamlining complex, paper-intensive processes and optimizing operations. Faster closings and reduced costs per loan, Solex eClosing does it all.

Agents 368

Agents Mortgage 368

Appraisal Buzz

NOVEMBER 9, 2021

MGIC Investment Corporation’s principal subsidiary Mortgage Guaranty Insurance Corporation (MGIC) has announced that Sri Kadasinghanahalli joined the company on October 18, 2021 as Vice President of Systems Development. Kadasinghanahalli’s previous leadership experience includes PNC Financial, Truist Financial, and SunTrust Bank. Kadasinghanahalli has implemented Big Data solutions, modernized client data platforms, and reduced risk through data loss prevention, and most recently a

Insurance 195

Insurance Mortgage Modernization Clients 195

Housing Wire

NOVEMBER 9, 2021

United Wholesale Mortgage (UWM), the largest wholesale lender in the country, posted $329.9 million in profits during the third quarter, an uptick from the $138.7 million registered in the second quarter. According to the Pontiac, Michigan-based lender’s earning report, loan origination volume reached $63 billion in the third quarter, up from $59.2 billion in the prior quarter and the $54.3 billion year over year.

Technology 370

Technology Mortgage Appraisal 370

Appraisal Buzz

NOVEMBER 9, 2021

A new federal debt collection rule will add to a growing list of servicer compliance challenges, as DS News examines this new regulation and how it is impacting the servicing space. The post Getting Ready for Regulation F appeared first on DSNews. The post Getting Ready for Regulation F appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Housing Wire

NOVEMBER 9, 2021

Luxury real estate brokerage Douglas Elliman is going to be spun off from its parent company Vector Group , the owner of discount cigarette brands and Nathan’s Famous hot dogs. Howard Lorber, the CEO of Vector , told Bloomberg that the spinoff would occur on Tuesday, with the luxury brokerage being listed on the New York Stock Exchange under the ticker, “DOUG.” “Tobacco has good, consistent cash flow, but there are still certain funds and institutions that won’t invest in it,”

Brokerage 370

Brokerage Real Estate Realty Investing 370

Appraisal Buzz

NOVEMBER 9, 2021

Are you ready to turn your appraisal business into a money-making machine? With Anow , the leading software for real estate appraisal offices nationwide, you can move beyond spreadsheets, modernize your processes, and save valuable time every day. Join us on December 1, 2021 for a FREE non-credit Pro-Series webinar, “Turn Your Appraisal Efforts into Cash – An Inside Look at Anow.” What topics will be covered?

Appraisal 195

Appraisal Modernization Real Estate Business 195

Housing Wire

NOVEMBER 9, 2021

Qualia Connect. Qualia simplifies closings for lenders with automated order placement and streamlined communication for lenders and thousands of title and escrow agents. Whether you close five or 5,000 loans a month, Qualia provides transparency throughout the process for you and your title partners. Product Fast Facts. #1. Streamlined Order Management: Easily place and track title and closing orders with any title company directly from your LOS. #2.

Agents 369

Agents 369

Eyes on Housing

NOVEMBER 9, 2021

The prices of goods used in residential construction ex-energy climbed 0.8% in October (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The increase comes on the heels of two consecutive monthly declines largely driven by steep declines in lumber and plywood prices. The price index of services inputs to residential construction.

Construction 193

Construction 193

Housing Wire

NOVEMBER 9, 2021

Data Quality Manager. Our Platform employs a wide-ranging set of tools for users to identify what are the corrective measures to remove duplicates, ensure completeness and accuracy, and validate data against reference tables. Product Fast Facts. #1. 1-click, secure deployment. #2. No client data persisted. #3. Dynamic Scaling across technology and business teams.

Tools 337

Tools Clients Technology Business 337

Appraisal Buzz

NOVEMBER 9, 2021

Improvements in both economic conditions and the increased rollout of vaccinations have contributed to the dwindling rate of mortgage delinquencies as reported by CoreLogic. The post National Mortgage Delinquency Rate Drops to 4% appeared first on DSNews. The post National Mortgage Delinquency Rate Drops to 4% appeared first on Appraisal Buzz.

Mortgage 150

Mortgage Appraisal 150

Housing Wire

NOVEMBER 9, 2021

DecisionGenius. DecisionGenius is an automation solution that combines income, credit, assets, and collateral for cohesive, comprehensive decision making and provides much needed automation to the middle office. By triangulating the loan application, product guidelines, and performing complex calculations from the borrower provided documents, DecisionGenius saves valuable time in processing and underwriting.

Lending 281

Lending 281

Appraisal Buzz

NOVEMBER 9, 2021

Improvements in both economic conditions and the increased rollout of vaccinations have contributed to the dwindling rate of mortgage delinquencies. The post National Mortgage Delinquency Rate Drops appeared first on DSNews. The post National Mortgage Delinquency Rate Drops appeared first on Appraisal Buzz.

Mortgage 150

Mortgage Appraisal 150

Eyes on Housing

NOVEMBER 9, 2021

The prices of goods used in residential construction ex-energy climbed 0.8% in October (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The increase comes on the heels of two consecutive monthly declines largely driven by steep declines in lumber and plywood prices. The price index of services inputs to residential construction.

Construction 87

Construction 87

Appraisal Buzz

NOVEMBER 9, 2021

Investors took a breather when the pandemic hit, pulling back their investments across the board. But now that the pandemic is waning, investors are back on the market and are showing up in record numbers. According to new research by Realtor.com, investor purchases of homes was up 59% year-over-year when compared to 2020 and is also up by 21% from 2019. … The post Investor Activity Peaked at New Highs in Summer 2021 appeared first on DSNews.

Investors 150

Investors Investing Appraisal Marketing 150

McKissock

NOVEMBER 9, 2021

Contact management. Marketing automation. Future planning. Technology can help bolster every aspect of your real estate business. However, because there are myriad solutions available, it can feel overwhelming to choose a tech stack that works with your specific needs and goals. Tune in to RISMedia’s next webinar , sponsored by McKissock Learning by Colibri Group and moderated by Cleve Gaddis of Workman Success Systems, to learn how to find and master the appropriate set of tech tools to h

Real Estate 70

Real Estate Technology Tools Business 70

Appraisal Buzz

NOVEMBER 9, 2021

Investors took a breather when the pandemic hit, pulling back their investments across the board. But now that the pandemic is waning, investors are back on the market and are showing up in record numbers. According to new research by Realtor.com, investor purchases of homes was up 59% year-over-year when compared to 2020 and is also up by 21% from 2019. … The post Investors Are Returning to the Market in Big Numbers appeared first on theMReport.com.

Investors 195

Investors Marketing Investing Appraisal 195

McKissock

NOVEMBER 9, 2021

Are you ready to turn your appraisal business into a money-making machine? With Anow , the leading software for real estate appraisal offices nationwide, you can move beyond spreadsheets, modernize your processes, and save valuable time every day. Join us on December 1, 2021 for a FREE non-credit Pro-Series webinar, “Turn Your Appraisal Efforts into Cash – An Inside Look at Anow.” What topics will be covered?

Appraisal 69

Appraisal Modernization Technology Appraisal Process 69

Appraisal Buzz

NOVEMBER 9, 2021

Rising at an annualized rate of 17.6%, Radian’s latest analysis has found that home prices across the nation continued to climb at a record pace in September. The post Home Prices Rise for Sixth Consecutive Month appeared first on theMReport.com. The post Home Prices Rise for Sixth Consecutive Month appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Lamacchia Realty

NOVEMBER 9, 2021

7 TIPS TO SPRUCE UP YOUR NEW "OLD" HOUSE. You just signed your closing papers. Your belongings are boxed up and ready to find their place in your new home. The property is empty, broom-clean, and ready for you to make this house into your home. The excitement becomes slightly overwhelming. Did you realize that the house was as “well-loved” when you were at the showing?

Investing 74

Investing Inspection Realty Business 74

Mashvisor

NOVEMBER 9, 2021

As an investor, the conventional home buying process includes: finding a property, making an offer, finding a mortgage lender, and closing the deal.

Investors 69

Investors Buyers Mortgage Finance 69

BiggerPockets

NOVEMBER 9, 2021

What if you treated the lowest point in your life as a beginning instead of an end? What if you were told real estate investing could be the second chance […].

Real Estate 60

Real Estate Investing 60

Mashvisor

NOVEMBER 9, 2021

Investing in a rental property and becoming a landlord always seems like a worthy cause.

Tenants 81

Tenants Landlords Investing Property Management 81

Mortgagebroker News

NOVEMBER 9, 2021

New buyers are increasingly relying on family assistance for down payments. What does it mean for the mortgage industry?

Buyers 69

Buyers Mortgage 69

Quicken Loans

NOVEMBER 9, 2021

Since 1944, the Department of Veterans Affairs has been making home loans available to those who have served our country. The VA loan has a number of advantages, including some of the lowest available rates and the ability to purchase or refinance with no down payment. Current VA loan seller policies around concessions could also make the program even more attractive to eligible active duty service members, veterans and their surviving spouses.

Sellers 53

Sellers Property Taxes Insurance Buyers 53

Mortgagebroker News

NOVEMBER 9, 2021

Pressures on price gains are showing no signs of easing, according to the regional real estate board

Real Estate 67

Real Estate Marketing 67