Appraisal Buzz
DECEMBER 6, 2021
The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. However, placing the appraiser shortage into a broader context helps us to better understand the causes, as well as the solutions that are already underway to remedy the problem. .
Housing Wire
DECEMBER 6, 2021
Chazz Huston Strategic Alliances Manager, Black Knight Secondary Marketing Technologies. A few months ago, I started shopping for a new car. During this pursuit, I scoped out dozens of automaker and dealer websites to browse a wide variety of makes, models and price points. With so many choices out there, I dove into the process eager to compare cars and costs to narrow down the best options for my needs.
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Appraisal Buzz
DECEMBER 6, 2021
Essent Group Ltd. has announced the promotion of Christopher G. Curran to the role of President of Essent Guaranty, Inc., a nationwide provider of mortgage insurance and subsidiary of Essent Group Ltd. As President, Curran will have responsibility for the overall operations of the mortgage insurance company including, business development, IT, operations, public policy and risk and report directly to Mark A. … The post Essent Guaranty Names New President appeared first on DSNews.
Housing Wire
DECEMBER 6, 2021
A San Rafael, California real estate appraiser is being sued for allegedly undervaluing a home by almost 50% because the homeowners are Black. Sausalito, California homeowners Tenisha Tate-Austin and Paul Austin, along with Fair Housing Advocates of Northern California , filed a lawsuit in federal court Thursday alleging race discrimination against Janette C.
Appraisal Buzz
DECEMBER 6, 2021
Martell provides lead efforts in real estate data, services, and analytics to government agencies, financial institutions, real estate experts, and insurance couriers. The post Business Executive Frank Martell Appointed to Compass Board of Directors appeared first on theMReport.com. The post Business Executive Frank Martell Appointed to Compass Board of Directors appeared first on Appraisal Buzz.
Housing Wire
DECEMBER 6, 2021
When Gogo Bethke began her career in real estate back in 2011, the Romanian immigrant felt like social media was her only option to generate leads and close deals. “I am not from here, so I had to figure out how to convince strangers to buy or sell a house through me,” Bethke explained. “A lot of people suggested cold calling, but I was not going to do that.
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Housing Wire
DECEMBER 6, 2021
Stakeholders are divided over whether, in light of proposed changes to its capital rule, the Federal Housing Finance Agency should retool its agreement with the U.S. Treasury and remove policies some say never belonged there in the first place. Even if the mortgage industry were in agreement, there is little they could do about it. Whether to open up that document — the Preferred Stock Purchase Agreement — is at the sole discretion of the two parties that negotiate it, the FHFA and the Treasury.
Appraisal Buzz
DECEMBER 6, 2021
New examines U.S. fall migration trends. Which cities are catching American homebuyers’ attention—and why? The post How Many Americans Are Wanting to Relocate? appeared first on theMReport.com. The post How Many Americans Are Wanting to Relocate? appeared first on Appraisal Buzz.
JMV Lending
DECEMBER 6, 2021
Here are a few things that really scare appraisers. 1. Unusual Properties. Unusual properties include those with acreages, odd structures (e.g. a round house), multiple dwellings on one lot, adverse influences such as a nearby freeway, easements that clearly affect value, income properties (two to four units), over-improvements, unfinished structures, significant deferred maintenance, and unclear […].
Appraisal Buzz
DECEMBER 6, 2021
New examines U.S. fall migration trends. Which cities are catching American homebuyers’ attention—and why? The post How Many Americans Are Wanting to Relocate? appeared first on theMReport.com. The post How Many Americans Are Wanting to Relocate? appeared first on Appraisal Buzz.
GoForrmz
DECEMBER 6, 2021
Discover how Balmain & Co streamlines the collection of client warranty claims with online forms and the Procore integration Balmain & Co, a Melbourne-based developer and builder, needed a more efficient means of collecting and processing warranty claims for their buildings’ apartment owners. The ‘Balmain & Care’ program provides building unit owners with a defect liability period after their purchase, allowing residents to submit any concerns within their unit to Balmain & Co.
Appraisal Buzz
DECEMBER 6, 2021
Ben Schweitzer has been named to serve as GPARENCY ’s chief product officer and co-founder. He comes to GPARENCY following a 13-year tenure at Freddie Mac, where he held leadership positions in underwriting and technology, including as co-creator of the Small Balance Loan program and founder of the Multifamily Innovation Lab. These experiences will be key in Schweitzer’s new role as he develops and implements strategies that bridge the gap between banks and borrowers.
Appraiserblogs
DECEMBER 6, 2021
When I read the announcement that Fifth Wall funded a relatively new startup called ALOFT, I and many of my peers were confused on what the value proposition actually is. Backed by a VC, including some of the biggest… In addition to Fifth Wall, Aloft’s backers include VC firms Andreessen Horowitz and MetaProp, Zillow and Pacaso co-founder Spencer Rascoff, Built CEO Chase Gilbert and Doordash executive Gokul Rajaram.
Appraisal Buzz
DECEMBER 6, 2021
It’s critical to correctly value distressed assets as they come out of foreclosure. Ken Dicks shares his perspective with DS News this month. The post A Keen Eye appeared first on DSNews. The post A Keen Eye appeared first on Appraisal Buzz.
Valuation Review
DECEMBER 6, 2021
Earlier, Valuation Review reported JLL Valuation Advisory hiring of Dennis Firestone as senior vice president/premier client accounts in its Environmental and Property Condition (EPC) team. In a follow up conversation, Firestone gives specifics on what his EPC team does as it relates to commercial real estate transactions. Read on to learn more from our conversation.
Appraisal Buzz
DECEMBER 6, 2021
The Data & Analytics division of Black Knight Inc. has released its latest Mortgage Monitor Report, based upon the company’s mortgage, real estate and public records datasets. Though the rate of home price appreciation has begun to slow in recent months, the explosive growth of the last few years has driven tappable equity – the amount available for a mortgage holder to access while retaining at least a 20% equity stake in their home.
Valuation Review
DECEMBER 6, 2021
Dustin Harris, “The Appraiser Coach,” in a recent blog entry discusses appraisers crossing paths with other professionals in the business. These people include, specifically, real estate agents, and those individuals not being happy with appraisers. Read on to learn more.
Appraisal Buzz
DECEMBER 6, 2021
Homeownership continues to serve as the primary source of wealth accumulation for most middle-class households, according to a new report. The post Homeownership Remains Key Asset to Americans’ Bottom Line appeared first on DSNews. The post Homeownership Remains Key Asset to Americans’ Bottom Line appeared first on Appraisal Buzz.
Valuation Review
DECEMBER 6, 2021
Bloomfield Capital announced the closing of a $4 million mezzanine construction loan on a condominium development in Portland (Maine) burgeoning Munjoy Hill neighborhood. The completed four-story property will feature 45 units over a below grade garage.
Appraisal Buzz
DECEMBER 6, 2021
New study finds the median net worth of U.S. households rose 17.6% from 2016-2019. The post Strong Housing Market Boosts Overall Household Wealth appeared first on theMReport.com. The post Strong Housing Market Boosts Overall Household Wealth appeared first on Appraisal Buzz.
Valuation Review
DECEMBER 6, 2021
In September, 59 percent of home offers written by Redfin agents faced competition, a record low for 2021, according to a recent Redfin report. That’s down from a revised rate of 60.8 percent in August and a peak of 74.3 percent in April. September marked the fifth-straight month of declines.
Appraisal Buzz
DECEMBER 6, 2021
Black Knight Inc., has released the latest iteration of it Mortgage Monitor Report which looks at how rising interest rates affect the dynamics of the refinance lending market. According to Black Knight Data & Analytics President Ben Graboske, historic refinance activity during the pandemic resulted in essentially tens of billions of dollars in economic stimulus.
Valuation Review
DECEMBER 6, 2021
The Appraisal Foundation’s Board of Trustees awarded a Pathway to Success Grant to the Appraisal Institute for the development of a Practical Applications of Real Estate Appraisal program. The competitive grant application was reviewed, scored, and recommended for approval by a team representing foundation trustees, sponsoring organizations, and the Appraiser Qualifications Board.
Appraisal Buzz
DECEMBER 6, 2021
Black Knight Inc., has released the latest iteration of it Mortgage Monitor Report which looks at how rising interest rates affect the dynamics of the refinance lending market. According to Black Knight Data & Analytics President Ben Graboske, historic refinance activity during the pandemic resulted in essentially tens of billions of dollars in economic stimulus.
Valuation Review
DECEMBER 6, 2021
October Research, LLC produced a webinar hosted by Valuation Review called “Keys for Operational Efficiency. The program featured panelists Jared Preisler, DataMaster chief appraiser and product development director, along with Josh Walitt, veteran appraiser and principal consultant with Walitt Solutions. Read on to learn how you can order your copy of the webinar.
Appraisal Buzz
DECEMBER 6, 2021
The mortgage is a worthy tool for most consumers’ most important transaction. Jim Paolino explains why we need to work even harder to bring clarity to the process. The post A Call to Clarity appeared first on theMReport.com. The post A Call to Clarity appeared first on Appraisal Buzz.
Lamacchia Realty
DECEMBER 6, 2021
Waltham, MA – Lamacchia Realty has been named one of the Top Places to Work in Massachusetts in the 14th annual employee-based survey project from The Boston Globe. The Top Places to Work 2021 issue publishes online at Globe.com/TopPlaces on the night of December 1 and in Globe Magazine on December 5. Top Places to Work recognizes the most admired workplaces in the state voted on by the people who know them best—their employees.
Clear Capital
DECEMBER 6, 2021
Video source: HousingWire. There are two significant issues in our industry right now — appraisal bias and insufficient capacity to meet volume demand. Both of these issues accelerate the importance of appraisal modernization. What is appraisal modernization? And how can it help with both of these topics ? Watch this session from HousingWire Annual 2021 to hear how leading lenders are using the latest technology to help make an impact on fair housing, and close loans faster. .
Mashvisor
DECEMBER 6, 2021
So, you’ve decided you want to invest in real estate? You’ve heard of duplexes as one great option for investors, but you’re still not sure how to go about it?
BiggerPockets
DECEMBER 6, 2021
Will inflation sink real estate? Is Zillow out of the iBuyer game? And why does my cash offer mean less than it did last year? Dave Meyer, VP of Data […].
Mortgagebroker News
DECEMBER 6, 2021
Men have an important part to play in ensuring greater equality for women in the workplace – and in the world at large, writes Kyra Wong
Mashvisor
DECEMBER 6, 2021
Take advantage of the reviving tourism industry by finding the best Airbnb properties for sale in Florida. This guide will show you how.
Mortgagebroker News
DECEMBER 6, 2021
Recent months have seen the fintech launch Finmo Pro at no monthly cost and introduce new industry-first product features
Mashvisor
DECEMBER 6, 2021
Whatever method you use to earn money, your earnings will fall into two groups: passive income or active income.
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