Housing Wire

DECEMBER 14, 2022

On the heels of the central bank’s announcement to raise the federal funds rate by 50 basis points to 4.25%-4.50% on Wednesday, most economists and industry experts were on the same page about the housing outlook and which direction mortgage rates would be headed. . Growing concerns of a recession, led by the Federal Reserve ’s continued interest rate hikes next year, will prompt mortgage rates to trend lower in 2023, according to numerous experts.

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Sacramento Appraisal Blog

DECEMBER 14, 2022

How much have home prices gone down? That’s the big question right now, so let’s talk about it. But I want to highlight a pressing issue that’s been coming up about the stats. I hope this is helpful, whether you’re local or not. UPCOMING (PUBLIC) SPEAKING GIGS: 1/18/23 WCR Market Update in Cameron Park (register […]. The post How much have home prices gone down?

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Real Estate Appraisal Marketing Housing Market 279

Housing Wire

DECEMBER 14, 2022

After inflation slowed more rapidly than expected in November, the Federal Reserve raised the federal funds rate by 50 basis points on Wednesday to 4.25%-4.50%, a smaller interest rate hike than the 75 bps per meeting the Fed policymakers have stuck to since June. This slowdown is good news for the housing industry as it may lead to a decline in mortgage rates.

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Mortgage Buyers Marketing Inventory 397

George Dell

DECEMBER 14, 2022

How many comps should I use? What do “authorities” say? Historical appraisal practice, as passed on from trainer to trainee, in the outdated master/apprentice model that imposed strong inviolable dictates. For residential forms, the magic number was three, sometimes up to five or six. Three and a subject column fit perfectly on a 8 1/2 […].

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Housing Wire

DECEMBER 14, 2022

Slower housing market conditions , mortgage rate volatility and rising affordability challenges took their toll on the title insurance industry during the third quarter of 2022. During the quarter, the title insurance industry generated $5.4 billion in title insurance premiums, down 20.6% year over year , according to the American Land Title Association’s Market Share Analysis released Tuesday.

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Insurance Housing Market Marketing Mortgage 397

Eyes on Housing

DECEMBER 14, 2022

Per the Mortgage Bankers Association’s (MBA) survey through the week ending December 9th, total mortgage activity increased 3.2% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate rose one basis points to 6.42%. The FRM rate has fallen 48 basis points over the past month. The Market Composite Index, a measure of mortgage loan application volume, rose.

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Eyes on Housing

DECEMBER 14, 2022

Downshifting its pace of tightening of monetary policy, the Federal Reserve’s monetary policy committee raised the federal funds target rate by 50 basis points, increasing that target to an upper bound of 4.5%. This marked a relatively smaller increase after four previous 75 basis point hikes. The Fed has clearly communicated it will continue to tighten monetary policy however, raising.

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Housing Wire

DECEMBER 14, 2022

It’s no secret that since the beginning of the COVID-19 pandemic almost three years ago, the property preservation industry has been forced to adapt and adjust to continue to preserve and protect property assets across the country. Throughout forbearance and the foreclosure moratorium, volume has declined to unprecedented levels not seen in the past decades.

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Inspection Clients Technology Training 396

Appraiserblogs

DECEMBER 14, 2022

This new measuring technology claims the software to be ANSI compliant. Appraisers, over the past couple of years, there have been lively discussions on forums, Facebook groups, at conferences, etc., about a ‘new’ technology which allows a ‘phone holder’ to measure a structure, with that technology providing a “Sketch” or “Floor Plan” of that structure.

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Technology Real Estate Agent Inspection Appraisal 99

Housing Wire

DECEMBER 14, 2022

DocVu.AI from Visionet. DocVu.AI uses the power of OCR, Computer Vision (CV), and Ai to transform information on Mortgage documents (paper and digital) into data and improve mortgage operations’ efficiency by enhancing speed and accuracy. DocVu.AI is designed to cater to the unique and critical requirements of the US mortgage industry. Product Fast Facts. #1.

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Realvals

DECEMBER 14, 2022

The following charts provide a comprehensive view of the San Anselmo, California housing market, using data from the local MLS (BAREIS MLS). These charts are updated monthly and include a full year’s worth of data. * Bookmark this page if you want to keep up with the trends in the San Anselmo housing market. *. If you are a homeowner in San Anselmo or are considering buying a property there, these charts should be a valuable resource.

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Home Value Housing Market Marketing Inventory 78

Housing Wire

DECEMBER 14, 2022

Let’s face it, mortgage sales is not for the weak. It takes tenacity, thick skin and a hustle-hard mentality. As an introvert, when I first started in the operations side of the mortgage world I dreaded the weekly pipeline calls with the sales manager I supported. They were abrasive, fast-talking and expected the world of my team members on a daily basis.

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Mortgage Business Tools Lending 384

GoForrmz

DECEMBER 14, 2022

Best Practices for Your End-of-Year Data Like most companies around this time of year, yours is probably thinking about what worked, what didn’t work, and what could be improved for next year. For the past twelve months, you’ve gathered heaps of information on your business – everything from inventory to overtime hours. While this data has helped you navigate through the year, it can also chart your way to next year’s success.

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Housing Wire

DECEMBER 14, 2022

CARE. CARE is Sagent’s consumer platform that links a modern, bank-on-your-phone experience for borrowers with seamless human care from servicers. Borrowers can manage payments and escrows, plus monitor home equity, new offers, and tax matters. They can also quickly apply for and resolve forbearances and loan mods during hardships. Product Fast Facts. #1.

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Modernization Design Tools 384

San Jose Real Estate

DECEMBER 14, 2022

We’ve learned about two websites for measuring noise pollution and thought our readers would be interested. In some cases, it can be surprising that the sound levels are lower or higher than anticipated! These are great tools for getting a general idea on volume, but you’ll want to check out any properties in person and […].

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Tools 61

Housing Wire

DECEMBER 14, 2022

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s TECH100 award are open now through Friday, December 23, 2022. Click here to nominate your organization. Tech innovation in housing has come a long way over the last decade as antiquated processes have made way for digitization and streamlined workflows.

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Real Estate Modernization Clients Development 383

Hank Miller Team

DECEMBER 14, 2022

The art of persuasion, it’s a beautiful thing. Books have been written about it, master classes offered and expressions like “he could sell ice to an Eskimo” coined. Home buyers and home sellers dabble in the “persuasion” arena during the purchase process as they roll through the deal. The typical real estate agent doesn't dabble, they will do whatever necessary to secure their commission.

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Appraisal Real Estate Agent Contracts Agents 52

Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Davis has served as the VP of operations and associate vice president of industry standards at MISMO and MBA for more than a decade.

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Development Insurance Finance Mortgage 369

BiggerPockets

DECEMBER 14, 2022

Tulsa, Oklahoma, is an exciting real estate market featuring strong population growth, job growth, and cash flow potential. The area has an excellent economic climate to support great investing returns […].

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Real Estate Marketing Investing Housing Market 54

Housing Wire

DECEMBER 14, 2022

Salesforce Customer 360 for Mortgage and Lending. Customer 360 for Mortgage and Lending helps lenders reduce operational costs and drive efficiency, while improving the borrower and employee experience. Lenders can streamline processes through automation with purpose-built lending and mortgage out of the box capabilities and lending industry expertise.

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Mortgagebroker News

DECEMBER 14, 2022

Sherwood Mortgage Group's co-founders on the company's seismic growth since its foundation in 2008

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Brokerage Mortgage 69

Housing Wire

DECEMBER 14, 2022

Jaro. The Jaro Suite is a full set of valuation management and products. JaroDesk was shown today and is an appraisal management platform designed for appraisal desks, appraisal management companies and appraisers and staff offices. Product Fast Facts. #1. Jaro has proven effective in reducing turn times by 30% within 2 months of being implemented. #2.

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Valuation Design Appraisal Marketing 295

BiggerPockets

DECEMBER 14, 2022

The housing market is an unstable beast. As soon as you’ve got your footing in one strategy, it violently jerks you into another, often by force. This is how most […].

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Investors Housing Market Marketing Real Estate 52

Housing Wire

DECEMBER 14, 2022

Velma Connector. Velma Connector adds automation to your LOS! Alerts, reports, compliance emails, and postal mailings happen seamlessly. Interactive emails allow remote actions without the need to login. Connectors’ rules-based engine allows the automation of prebuilt and custom workflows! Connector auto-updates your LOS and sends out critical communications keeping you compliant.

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Business Appraisal Marketing 294

Mortgagebroker News

DECEMBER 14, 2022

Clients are likely wondering which is the better option in the current landscape

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Mortgage Clients 68

Clear Capital

DECEMBER 14, 2022

Written by Aly J. Yale and edited by Samantha Sharf. The housing market has been kind to homeowners these last few years. The average home value has jumped 43% since late 2019, and sellers have raked in eye-popping profits because of it. But that was then. As we head in 2023, the market looks very different. With mortgage rates more than double their year-ago level, buyers are pulling back.

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Home Value Real Estate Sellers Technology 36

Mortgagebroker News

DECEMBER 14, 2022

Could the central bank be nearing an end to its series of rate jumps?

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Housing Market Marketing 69

Mashvisor

DECEMBER 14, 2022

Industry experts believe that the US could be headed for a real estate housing market correction after two years of continuous price increases.

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Real Estate Housing Market Marketing Investors 41

Mortgagebroker News

DECEMBER 14, 2022

Latest Series C financing amounted to $80 million

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Finance 68

Mashvisor

DECEMBER 14, 2022

Those looking to invest in real estate should ensure you pick the best location for investment property. But how do you know what’s a good choice?

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Investing Real Estate Investors Marketing 36

Mortgagebroker News

DECEMBER 14, 2022

QPAREB highlights the market's risks and possibilities

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Housing Market Marketing 66

Housing Wire

DECEMBER 14, 2022

U.S. Mortgage Insurers (USMI), the association that represents the nation’s leading private mortgage insurance companies, announced on Wednesday that it has named Seth Appleton, current president of the Mortgage Industry Standards Maintenance Organization (MISMO), as USMI’s new president. Appleton will assume the new role in January 2023. “With a deep knowledge of the mortgage industry and a proven record of bipartisan advocacy, Seth is the right leader to promote the mission of the privat

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Insurance Finance Inventory Mortgage 383

Mortgagebroker News

DECEMBER 14, 2022

Royal LePage provides latest market forecast

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Marketing 69

Housing Wire

DECEMBER 14, 2022

Pamela Hughes Patenaude, former Deputy Secretary of Housing and Urban Development , joined the National Housing Conference board of governors. She is also the co-chair of NHC’s National Advisory Council. “Pam’s broad range of leadership experience in housing policy, real estate, and disaster recovery will make a significant contribution to our work,” said Steve O’Connor, chair of the board, in a prepared statement.

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