Housing Wire
MARCH 30, 2021
The Housing Policy Council sent a letter to the Consumer Financial Protection Bureau on Tuesday expressing its opposition to delaying the implementation of the Final QM Rule and expiration of the 2013 QM Rule, set to take effect on July 1, 2021. On March 4, the CFPB released a notice of proposed rulemaking to delay the compliance date for the QM Rule until Oct. 1, 2022 and opened up a comment period.
The Appraiser Coach
MARCH 30, 2021
I was recently asked by a newbie in real estate appraisal how much I think a new real estate appraiser should charge. Many new appraisers and trainees want to get. Read More.
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Housing Wire
MARCH 30, 2021
It’s no secret credit scores can hinder a potential borrower’s ability to qualify for the best loan program, which can ultimately lead to poor borrower satisfaction. At HousingWire’s 2021 Annual Spring Summit, CreditXpert VP of Sales and Client Success Matt Hydrew and T odd Worthington , director of qualification support at Bank of England, discussed top-of-the-funnel strategies lenders can use to help borrowers gain a better understanding of their credit score.
McKissock
MARCH 30, 2021
In 1980 I attended a new ERA Real Estate franchisee orientation in Kansas City. In my welcome tote bag was a cardboard slide rule type device called a Home-Rule ® , subtitled “Residential Real Estate Sales Price Computer.” How did the Home-Rule work? Back then “computer” apparently had kind of a different interpretation. It was a simple device with step-by-step instructions printed right on it.
Housing Wire
MARCH 30, 2021
Home price indices are valuable tools to help lenders understand trends and changes in the housing market. Last year, the industry relied on data more than ever before, and learned a lot about how data and analytics can quickly, safely and securely ensure consistency in markets. Data and analytics can also enhance a lender’s arsenal of tools in identifying risk and opportunity.
BiggerPockets
MARCH 30, 2021
Just like many investors and homeowners, I was recently considering refinancing a rental property I own. After submitting my application, I received a table of rates available to me. I […].
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
BiggerPockets
MARCH 30, 2021
Think you've calculated all the numbers on that rental? Don't forget about CapEx! More formally known as capital expenditures, CapEx are those expensive “big ticket” items that need to be replaced every so often, but not every month or year. This calculation can make or break your investment—so learn more here.
Housing Wire
MARCH 30, 2021
Real estate tech company Spruce announced a joint project Tuesday with insurtech platform Digital Partners and American Digital Title Insurance Company to offer a fully underwritten title commitment that it says can be completed in minutes. The new model has initially launched in Colorado and Arizona, with additional states to follow throughout 2021.
BiggerPockets
MARCH 30, 2021
Real estate investing works differently for different people. Some people like to gradually buy small properties, then start looking for larger deals, and then go into commercial financing for big […].
Cleveland Appraisal Blog
MARCH 30, 2021
If you ever get the chance to visit Pymatuning Lake in PA, which is on the boarder of Ohio and Pennsylvania, make sure to go over to the Linesville Spillway. It is an amazing site. Hundreds of Carp congregate in the spillway, battling for food. Throw a little bread in, and it’s a feeding frenzy! There are so many Carp, packed so closely together, that at times geese and ducks can walk over them like a road. .
Magnusson Group
MARCH 30, 2021
Electronic Signup for Entry Numbers. If you have questions about the signup process for one of our sales, please watch the accompanying video tutorial prior to calling our office for assistance. Sign Me Up For This Sale! Friday, April 2nd: 9am-3pm. Saturday, April 3rd: 9am-3pm. To receive exclusive updates about upcoming estate sales, click here. OR text MAGNUSSON to 22828.
Housing Wire
MARCH 30, 2021
Home prices continued their acceleration in January according to the S&P Corelogic Case-Shiller National Home Price Index, jumping 11.2% year over year, the highest gain in nearly 15 years. The Tuesday report also revealed an 11.1% year-over-year gain in January for the 20-city price index, up from 10.2% the previous month. Overall, prices rose month over month in 19 of the 20 cities tracked, with Cleveland being the only city to see prices drop.
Will Springer Realtor
MARCH 30, 2021
Let’s be honest: Rejection stinks! Whether it’s from a significant other or the college entrance letter (you know, the thin envelope instead of the thick one), no one accepts rejection well, even when the matter is out of your control. Research shows rejection can be just as serious as physical pain. Take the home-offer scenario, for example. In this seller-friendly market, sometimes dozens of buyers make bids on a single home.
Housing Wire
MARCH 30, 2021
Housing and Urban Development Secretary Marcia Fudge put an end to speculation that the agency would move to reduce the Federal Housing Authority ‘s mortgage insurance premiums by 25 basis points. “Given the current FHA delinquency crisis and our duty to manage risks and the overall health of the fund, we have no near-term plans to change FHA’s mortgage insurance premium pricing ,” Fudge said Tuesday in a statement that accompanied the quarterly report to Congress on the financ
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