Housing Wire
MAY 24, 2023
Freddie Mac on Tuesday announced enhancements to its automated income assessment tool —already used for direct deposits—to also include the borrower’s digital paystub data. The government sponsored enterprise said lenders can calculate income faster and more precisely, improving loan quality, simplifying the mortgage process and expanding access to credit.
Real Estate News
MAY 24, 2023
“You do not want to think you're smarter than your customers,” Florance said on CoStar’s strategy of building Homes.com as a platform for agents and consumers.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MAY 24, 2023
Last week, the U.S. debt ceiling impasse and the resilient economy led mortgage rates to climb to the highest level in two months. Some indexes show the 30-year fixed rate has reached the 7% mark, which has reduced borrowers’ appetite for home loans. The latest MBA data published on Wednesday morning shows that mortgage loan applications decreased 4.6% for the week ending May 19 compared to one week earlier.
Real Estate News
MAY 24, 2023
A new Redfin report found that the difference in home price growth (or declines) among metro areas is nearly the largest it's been in three decades.
Housing Wire
MAY 24, 2023
Every spring marks the start of homebuying season – a period where home sales spike. For title professionals, homebuying season is our “busy season,” with professionals working tirelessly to ensure that property titles are clear of any liens or other defects ahead of closing day. For many buyers, closing day represents the beginning of the next chapter in their lives – having a new place to celebrate important milestones and create new memories.
George Dell
MAY 24, 2023
Evidence Based Valuation – EBV © is the future for valuation professionals. It requires the appraiser’s experience, judgment, and knowledge. It is not hard, just new. It gives better results faster. EBV generates more than a point value opinion. Therefore it requires competence beyond old legacy appraisal “procedures.” This new competency is a merger of […] The post How Do I Move to EBV?
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Eyes on Housing
MAY 24, 2023
The missing middle construction sector includes development of medium-density housing, such as townhouses, duplexes and other small multifamily properties. The multifamily segment of the missing middle (apartments in 2- to 4-unit properties) has disappointed since the Great Recession. For the first quarter of 2023, there were just 4,000 2- to 4-unit housing unit construction starts.
Housing Wire
MAY 24, 2023
Members of the U.S. House of Representatives took the opportunity during a hearing this week to ask Federal Housing Finance Agency (FHFA) Director Sandra Thompson about a proposed change to the FICO Classic credit model, inquiring about the potential impacts on credit availability and mortgage financing for constituents. The FHFA announced in October 2022 that it is replacing the Classic FICO credit model that Fannie Mae and Freddie Mac use with the FICO 10T and the VantageScore 4.0 credit score
Inman
MAY 24, 2023
In an interview with Intel, real estate tech strategist Mike DelPrete laid out how artificial intelligence might change the industry, including real estate search portals, and why we're not there yet.
Housing Wire
MAY 24, 2023
The Federal Reserve ‘s monetary tightening policy and the recent banking crisis have the potential to change the mortgage-backed securities (MBS) market’s dynamics more than anything seen over the last two decades, according to secondary market experts. The Fed and U.S. banks, which glommed onto these assets in the wake of the Global Financial Crisis, are expected to play a smaller role in the years to come.
Inman
MAY 24, 2023
Doorsey uses a publicly available bidding website on which buyers can see competitive offers and submit formal "bids" above the last. Founder Jordan Allen was happy to see the deal go through.
Housing Wire
MAY 24, 2023
At HousingWire Annual 2023, we aren’t vibe-checking the housing market. We’re bringing all the cutting-edge housing knowledge that today’s professionals need based on data. And who better to present that data than the president and founder of Altos Research , Mike Simonsen? Register today to catch Simonsen on stage as he answers the question, “How’s the market?
Inman
MAY 24, 2023
New York developer Jeffrey Gural won the right to buy the iconic Manhattan office building months after the original high-bidder failed to come up with the deposit for the building.
McKissock
MAY 24, 2023
There is no such thing as a typical day in the life of an appraiser trainee. Some days you’re in the office doing research and analysis (aka. “paperwork days”), and some days you’re out in the field looking at properties (aka. “inspection days”). We asked appraiser trainee Lindsay Onuffer what a “typical” day in the life of an appraisal trainee is like.
Inman
MAY 24, 2023
The home has three bedrooms but isn't livable, because it has been left abandoned for some time and has become derelict and dangerous. It attracted five bidders after originally listing for AU$1.2 million.
National Association of Realtors
MAY 24, 2023
Real estate professionals need to consider both the complexities of the market and the different valuation methods when measuring the effect of a harmful property condition or stigma.
Inman
MAY 24, 2023
While NAR plans to add new checkboxes for agent safety, they're leaving out some of the most common (and messy) hazards that agents face, writes broker Teresa Boardman.
BiggerPockets
MAY 24, 2023
Institutional homebuyers are withdrawing from the real estate market. Find out how this will impact small, mom-and-pop investors.
Inman
MAY 24, 2023
Recognizing a need for deeper conversation in the mortgage and lending industry, Inman introduces the Mortgage & Finance Forum, Aug. 9 at the Aria in Las Vegas. Attendance is free for qualified professionals.
East Coast Appraisal
MAY 24, 2023
While trying to buy a home, you may have found out that some lenders require their borrowers to have an appraisal and/or an inspection completed. Some lenders may only require an appraisal and leave the decision about an inspection up to you. Because of this, it is important to know the differences between the two. Home Appraisals Home appraisals are often required by a lender for the initial purchase or refinancing of a home.
Inman
MAY 24, 2023
Zillow has the most traffic, according to an analysis by Intel, but at least one rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run.
Valuation Review
MAY 24, 2023
Freddie Mac executive outlines ACE + PDR loan program.
Inman
MAY 24, 2023
Eagle Mountain, which operated an iron mine for over three decades and has largely been abandoned since the late '80s, has been sold to a mysterious company for unknown future use.
BiggerPockets
MAY 24, 2023
A legend in the real estate investing community has passed away. We look back at the life and success of Sam Zell.
Inman
MAY 24, 2023
You can increase brand awareness and make genuine connections when you use Instagram to generate and nurture leads, writes Michelle Berman-Mickel. Here's how to put its power to work for your real estate business.
BiggerPockets
MAY 24, 2023
Did you know you can invest in real estate using funds you’ve probably forgotten about?
Inman
MAY 24, 2023
Purchase loan applications fell by a seasonally adjusted 4 percent last week as mortgage rates surged on debt ceiling and inflation worries.
Valuation Review
MAY 24, 2023
Agencies file statement regarding discrimination, bias in automated systems.
Inman
MAY 24, 2023
Doug Brown brings nearly seven years of experience as vice president and senior vice president of Douglas Elliman Development Marketing to his new role in the team as new development specialist.
Valuation Review
MAY 24, 2023
Zillow says housing market has 'tilted' back in favor of sellers.
Inman
MAY 24, 2023
There's been a lot of talk about the FHFA's fee increase, but economist Matthew Gardner thinks that, for the most part, it's much ado about nothing.
Valuation Review
MAY 24, 2023
Reggora recently launched its appraisal fulfillment solution.
Inman
MAY 24, 2023
Prevent being canceled, fined or jailed by understanding fair housing laws and regulations and avoiding violations. Dr. Lee Davenport helps you check yourself.
Mortgagebroker News
MAY 24, 2023
The debt-to-GDP ratio has increased "inexorably" over the past few years, Crown corporation says
Expert insights. Personalized for you.
378 
Let's personalize your content