Fri.Jul 30, 2021

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5 steps to choosing a home that will appreciate

Housing Wire

In 2020, the S&P CoreLogic Case-Shiller price index reported the highest annual housing growth since 2013. Due to low inventory, sellers are able to put their homes up at a higher rate. And with today’s low interest rates, buyers have been rushing to purchase what’s available. The problem is, rushing to buy property might force you to settle for a house that won’t reward you financially.

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CFPB/FHFA Poll Examines Pre-Pandemic Borrow Experience

Appraisal Buzz

Officials say the data provides a baseline for mortgage market trends and consumer sentiment about the origination process prior to COVID-19. The post CFPB/FHFA Poll Examines Pre-Pandemic Borrow Experience appeared first on theMReport.com. The post CFPB/FHFA Poll Examines Pre-Pandemic Borrow Experience appeared first on Appraisal Buzz.

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Is there a political fix to the housing shortage?

Housing Wire

The issue of tight housing inventory is multifaceted but is there a political solution? Arch MI investigates this and more in its Spring Housing and Mortgage Market Review. We’ve broken down some of the data below, but be sure to take a deeper dive into the report by clicking here. The post Is there a political fix to the housing shortage? appeared first on HousingWire.

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The Week Ahead: Will Record Home Price Gains Continue?

Appraisal Buzz

Supply concerns continue to overshadow low rates, as a new CoreLogic report will examine the path home prices took to close out Q2. The post The Week Ahead: Will Record Home Price Gains Continue? appeared first on theMReport.com. The post The Week Ahead: Will Record Home Price Gains Continue? appeared first on Appraisal Buzz.

Appraisal 370
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Lumber prices are falling, but builders still feel the pinch

Housing Wire

After a tumultuous year for lumber prices and the homebuilding industry, a light has finally emerged at the end of the tunnel. But builders aren’t out of the woods quite yet. Lumber prices, a source of builder and construction company angst for approximately 15 months, are officially falling, as the price that sawmills charge distributors for cut lumber is down for the eighth consecutive week.

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CoreLogic Collaborates with Paradatec on HMDA Reporting Tool

Appraisal Buzz

Paradatec , an AI-based document classification and data extraction technology company for mortgage loan processing, is joining CoreLogic to support CoreLogic HMDA Check, a loan auditing tool that leverages automation to help lenders comply with the Home Mortgage Disclosure Act (HMDA). CoreLogic is a global property information, analytics and data-enabled solutions provider.

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More Trending

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The Week Ahead: Regulating the Regulators

Appraisal Buzz

Does the U.S. financial system suffer from overregulation? A Senate Banking Committee will closely examine the nation’s regulatory structure and exactly who is governing who. The post The Week Ahead: Regulating the Regulators appeared first on DSNews. The post The Week Ahead: Regulating the Regulators appeared first on Appraisal Buzz.

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Why another foreclosure tsunami is still unlikely

Housing Wire

It was August 2020 , six months into a global pandemic, when I laid out what I thought at the time was a compelling case against a wave of foreclosures similar to the one that the nation experienced during the Great Recession. A year later, and with the benefit of 20/20 hindsight, I’m more convinced than ever that when government borrower protections finally do expire, we’ll see a relatively soft landing when it comes to foreclosures.

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Verity’s New Service Automates Auditing

Appraisal Buzz

Mortgage knowledge process outsourcing company Verity Global Solutions has launched QCWorks. The pre- and post-close audit service is enabled by an automation and client interfacing technology allowing lenders to achieve real-time quality control with extensive reporting capability. “Since Verity’s inception, we have constantly sought ways to introduce automation into our workflow to bring in faster turn times, and enhance quality while providing maximum process visibility to our customers

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How to be a Savvy First-Time Homebuyer

Housing Wire

The post How to be a Savvy First-Time Homebuyer appeared first on HousingWire.

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What’s New in Appraisal Membership: July 2021

Appraisal Buzz

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide array of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership ?

Appraisal 195
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Prospective Buyers Continue to Turn into Active Buyers

Eyes on Housing

Of the 17% of American adults considering a future home purchase in the second quarter of 2021, 61% have moved beyond planning and are already actively trying to find one to buy. This share of active buyers has increased for six straight quarters, a trend that began after the final quarter of 2019 when it stood at 43%. In the.

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FHFA Extends Eviction Moratorium Through September

Appraisal Buzz

The GSEs grant additional eviction relief, with the July 31 deadline looming and putting millions of Americans at risk of eviction and homelessness. The post FHFA Extends Eviction Moratorium Through September appeared first on DSNews. The post FHFA Extends Eviction Moratorium Through September appeared first on Appraisal Buzz.

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Back to School Drive: Paying it Forward in the Community

GoForrmz

GoFormz puts an emphasis on education with ‘Back to School Drive’ for students impacted by homelessness It’s that time of year again…back to school! As many families, teachers, and students all start preparing to go back to school, so are our friends at the Monarch School. This is a school that we support here in our San Diego community. The Monarch School is a program that is dedicated to helping homeless students break the cycle of poverty through education and helps develop hope for a future

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How Institutional Property Owners Support Tenants

Appraisal Buzz

One study shows landlords are doing their part to prevent evictions, from applying for rental assistance to renegotiating lease terms and more. The post How Institutional Property Owners Support Tenants appeared first on DSNews. The post How Institutional Property Owners Support Tenants appeared first on Appraisal Buzz.

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Disposable Personal Income Dips in June

Eyes on Housing

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income edged up in June to a seasonally adjusted annual rate (SAAR) of $20,414 billion. The increase in personal income was largely due to the increase in compensation of employees, which was partly offset by the declines in the government social benefits, including the economic.

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Freddie Mac Reports Small Changes in Mortgage Rates

Appraisal Buzz

The results of Freddie Mac’s Primary Mortgage Market Survey are showing that the 30-year fixed-rate mortgage (FRM) averaged 2.80 percent. “As the economy works to get back to its pre-pandemic self, and the fight against COVID-19 variants unfolds, owners and buyers continue to benefit from some of the lowest mortgage rates of all-time,” says Sam Khater, chief economist at Freddie Mac.

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BiggerPockets Money Podcast 218: Finance Friday: How to Plan for Inconsistent Income as an Entrepreneur

BiggerPockets

Combining finances can be complicated, but what’s even more complicated is combining one salary with two inconsistent business accounts. How do you manage the household’s budget when you don’t know […].

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MISMO Explores Market Need and Standards for ESG Initiatives

Appraisal Buzz

MISMO , the real estate finance industry’s standards organization, is creating a new Community of Practice (CoP) focused on exploring potential standards for Environmental, Social & Governance (ESG) initiatives in order to meet the needs of market participants. Interested professionals are invited to the kickoff meeting of the MISMO ESG CoP in August with a follow-up discussion at the MISMO Fall Summit.

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Eileen Doherty Qualifies for 2021 Lamacchia Realty President’s Club

Lamacchia Realty

Eileen Doherty has officially qualified for the 2021 President’s Club by surpassing the impressive milestone of over $16,000,000 in sales volume already this year! This will be the fifth year in a row that Eileen has achieved this impressive accomplishment having previously been in the 2017 , 2018 , 2019 , and 2020 President’s Club ! Not only was Eileen the first to make President’s Club in 2020, but she was also the first to make Lamacchia’s President’s Club ELITE

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Mr. Cooper Reports Q2 2021 Net Income of $439M

Appraisal Buzz

Chris Marshall, Vice Chairman, President, and CFO added, “The company’s balance sheet has never been stronger.” The post Mr. Cooper Reports Q2 2021 Net Income of $439M appeared first on DSNews. The post Mr. Cooper Reports Q2 2021 Net Income of $439M appeared first on Appraisal Buzz.

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Kate Perrine Qualifies for 2021 President’s Club

Lamacchia Realty

Kate Perrine has officially qualified for Lamacchia Realty’s 2021 President’s Club! This is Kate’s first year qualifying for the distinction by surpassing $16,000,000 in sales volume! Kate first joined the company in late 2019 and quickly made a name for herself. By just February of 2020, Kate was ranked one of the top agents in her office.

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Mike Linton, Pamela Hughes Patenaude Join loanDepot Board

Appraisal Buzz

Anthony Hsieh, loanDepot Founder, Chairman, and CEO, said the two “will be instrumental in helping our board and management to drive long-term value for our stakeholders.” The post Mike Linton, Pamela Hughes Patenaude Join loanDepot Board appeared first on theMReport.com. The post Mike Linton, Pamela Hughes Patenaude Join loanDepot Board appeared first on Appraisal Buzz.

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Six Things I Learned from Investing in Waterfront Vacation Rentals

Mashvisor

Waterfront vacation rentals are among the hottest Airbnb and short-term lease rentals in America today.

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How technology is helping lawyers close deals quicker

Mortgagebroker News

Business development and innovation head on the company’s recent big leaps forward in technology

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Short Hills Estate Sale- October 1 + 2

Magnusson Group

Visit Sale View More Photos. More Details Coming Soon! The post Short Hills Estate Sale- October 1 + 2 appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ.

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BC to see substantial boost in housing supply

Mortgagebroker News

More than 800 residences are slated to be built across three major developments in the province

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Understanding the Escrow Process

REX Real Estate

Buying or selling a home involves multiple steps.

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Equitable Group posts record-breaking earnings

Mortgagebroker News

Despite the pandemic, it believes it is now ideally positioned for a spectacular 2021

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Overcoming the challenges direct-to-consumer lenders are facing

Housing Wire

HousingWire recently sat down with Total Expert Director of Technology Alliances Josh Lehr to learn more about recent trends around direct-to-consumer lending. HousingWire: How have trends around direct-to-consumer lending changed over the past year? Josh Lehr: Pre-pandemic, online home buying existed, but over the last year, shopping online for mortgages became much more popular and convenient as meeting in person with a loan officer was not an option.

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New commercial brokerage and investment firm launches in Toronto

Mortgagebroker News

The firm is founded and headed by a veteran in the commercial lending sector

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What’s New in Appraisal Membership: July 2021

McKissock

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide array of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership ?

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New commercial brokerage and investment firm launches in Toronto

Mortgagebroker News

The firm is founded and headed by a veteran in the commercial lending sector

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LoanDepot adds former HUD deputy secretary to board

Housing Wire

Nonbank mortgage lender loanDepot appointed Pamela Hughes Patenaude , a former deputy secretary of the U.S. Department of Housing and Urban Development during the Trump administration, to its board of directors. LoanDepot also added Mike Linton, a marketing expert who currently serves as chief revenue officer at genomics firm Ancestry , to the board. “Mike is well known for his unique ability to build strong customer relationships and brands, and Pam has extensive experience solving comple

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