Thu.Jul 22, 2021

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North American Title hires Cassidy to lead compliance

Housing Wire

Title insurance veteran Janice Cassidy has been named agency compliance manager at North American Title Insurance Co., a subsidiary of Doma. The company announced this week that Cassidy’s role will include evaluating and monitoring NATIC’s independent policy-issuing agencies, settlement and escrow agents, and approved and supported attorneys for compliance with agency underwriting agreement requirements, company programs, legal and regulatory requirements.

Insurance 393
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Areas Facing COVID-Related Foreclosure Risk

Appraisal Buzz

The pandemic remains “a potent threat” to homeownership as well as home sales and values, according to Q2 2021 Coronavirus Report. The post Areas Facing COVID-Related Foreclosure Risk appeared first on DSNews. The post Areas Facing COVID-Related Foreclosure Risk appeared first on Appraisal Buzz.

Appraisal 370
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2021 Market Leaders: Compass, flat-fee brokers make noise

Housing Wire

RealTrends Market Leaders report ranks the top residential real estate firms in over 160 different metropolitan areas based on 2021 RealTrends 500 brokerage rankings. When it comes to movers and shakers in the Market Leaders report, it can be boiled down to Compass and flat-fee brokerages. Both are making noise, rising quickly up the rankings to the top of select markets around the nation.

Marketing 393
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New Home Purchase Apps Fall 23.8% YoY in June

Appraisal Buzz

June home sales suffered for the third straight month, due to a rise in regulatory costs, high-priced materials, and a lack of labor. The post New Home Purchase Apps Fall 23.8% YoY in June appeared first on theMReport.com. The post New Home Purchase Apps Fall 23.8% YoY in June appeared first on Appraisal Buzz.

Appraisal 370
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Crypto firm names Kraninger top lobbyist

Housing Wire

As regulatory oversight of cryptocurrency looms, Solidus Labs has appointed former Consumer Financial Protection Bureau director Kathy Kraninger to grease the wheels. Solidus Labs, which creates cryptocurrency market surveillance tools, appointed Kraninger, who led the CFPB from 2018 to 2021, to lead the company’s regulatory efforts as its vice president of regulatory affairs.

Finance 370
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UWM Celebrates National Mortgage Brokers Day at NYSE

Appraisal Buzz

Celebrating the independent spirit of the Mortgage Broker, UWM visited New York City to ring the opening bell at the NY Stock Exchange. The post UWM Celebrates National Mortgage Brokers Day at NYSE appeared first on theMReport.com. The post UWM Celebrates National Mortgage Brokers Day at NYSE appeared first on Appraisal Buzz.

Mortgage 370

More Trending

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Tavant Offering New AI-Powered Lending-as-a-Service Platform

Appraisal Buzz

Digital lending solutions provider Tavant has introduced its new Touchless Lending platform, an AI-powered lending-as-a-service platform that maximizes the use of data-driven processes to provide an end-to-end loan manufacturing experience. Touchless Lending’s first product line is mortgage-centric and designed to address key pain points within the mortgage industry, Tavant says in a release.

Lending 370
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4 Home Repairs You Need to Hand Over to a Professional

Cleveland Appraisal Blog

I hope you all are doing great this week! My family and I are in the midst of a first floor renovation, whilst caring for my wife as she continues to recover from her broken ankle, as I mentioned in my last post. So, I am grateful to have guest blogger, Seth Murphy, who wrote this article for the Cleveland Appraisal Blog. Going through a major renovation helps me to appreciate some of the great points made here. .

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Mr. Cooper Adds Two to Leadership Team

Appraisal Buzz

Representatives say executives Shawn Stone and Jay Jones will advance the company’s plan to “accelerate profitable growth while delighting customers.” The post Mr. Cooper Adds Two to Leadership Team appeared first on DSNews. The post Mr. Cooper Adds Two to Leadership Team appeared first on Appraisal Buzz.

Appraisal 370
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5 Digital Logs for Food Services

GoForrmz

Digitally transform your food services daily operations with digital forms and powerful integrated features Digital forms are powerful assets for the food and beverage industry. When relying on paper forms or PDFs, simple miscommunication results in misplaced or lost forms, delivery delays, and human error, which concludes with costly consequences. For example, capturing the wrong temperature data could result in food contamination or mistaken product loss that can damage your business operation

Business 153
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Mortgage Rates Continued to Drop This Week

Appraisal Buzz

Mortgage rates continued to trend down this week, with the average rate for a 30-year falling to 2.78%, down 10 basis points from 2.88% last week, according to Freddie Mac’s Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year was 3.01%. “Concerns about the Delta variant, and the overall trajectory of the pandemic, are undoubtedly affecting economic growth,” says Sam Khater, chief economist for Freddie Mac, in.

Mortgage 370
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Porch vs. Patio: Do Your Clients Know the Difference?

Empire Appraisal Group

Porch vs. Patio: Do Your Clients Know the Difference? Article Source: Porch vs. Patio: Do Your Clients Know the Difference? | Realtor Magazine. The post Porch vs. Patio: Do Your Clients Know the Difference? appeared first on Empire Appraisal Group.

Clients 78
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Delinquencies Back to Normal; Lowest Rates Since Feb; Existing Sales Rise Slightly

Appraisal Buzz

The national delinquency rate dropped by 7.62 percent in June and is now 42.39 percent below its rate at the worst of the pandemic. Black Knight, in its monthly report, says the June rate, at 4.37 percent, was also back below its pre-Great Recession average. Still, there are 2.32 million homeowners who are 30 or more days past due on their mortgage payments.

Appraisal 195
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Valuation – How Much is My Property Really Worth?

Simonson Real Estate

The value of a commercial property is an important piece of information in many aspects. Whether you’re the purchaser looking for financing, the seller hoping to attain maximum profit, the appraisal review department at a bank, or an attorney –the value is what provides you with the confidence to make the right decision for your situation. This is why one of our most common questions is “how much is my property really worth?”.

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Mortgage Rates Continue a Downward Spiral

Appraisal Buzz

As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand. The post Mortgage Rates Continue a Downward Spiral appeared first on theMReport.com. The post Mortgage Rates Continue a Downward Spiral appeared first on Appraisal Buzz.

Mortgage 195
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What Real Estate Investors Should Know About Estate Planning

BiggerPockets

An estate plan lays out how a deceased person’s money and other assets will be distributed when they head to the great beyond. Deciding these matters ahead of time is the best thing for them and their heirs.

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Local Markets Most Conducive to Homeownership

Appraisal Buzz

When it comes to purchasing a first home, shoppers will weigh several key factors prior to choosing a lender—what will the down payment look like? What percentage of that down payment will the homebuyer be required to put down? What types of loans are available? What credit score will be necessary in order to secure … The post Local Markets Most Conducive to Homeownership appeared first on DSNews.

Marketing 195
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BiggerPockets Money Podcast 216: Finance Friday: Turning Spare Bedrooms into $1,000+ Extra Every Month

BiggerPockets

Amanda is making a teacher’s salary and spending her weekends working a part-time job at a grocery store. She contributes to her retirement accounts, but she could be sitting on […].

Finance 73
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Friendliest Cities for Less-Experienced Borrowers

Appraisal Buzz

Homebuyers weigh factors including down payments, debt-to-income ratio, and more. Analysts ranked the most favorable metros for first timers. The post Friendliest Cities for Less-Experienced Borrowers appeared first on theMReport.com. The post Friendliest Cities for Less-Experienced Borrowers appeared first on Appraisal Buzz.

Appraisal 150
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Amy Bisson Joins Lamacchia Realty

Lamacchia Realty

Lamacchia Realty is very happy to announce that Amy Bisson has joined Lamacchia Realty in their Worcester office location ! Amy’s passion for the work she does, dedication to her client’s success, and the high level of support she gives to those around her make her a fabulous addition to the company. Amy has built her business on many things: honesty, integrity, and most importantly, trust.

Realty 69
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National Delinquency Rate Dips Below Pre-Great Recession Average

Appraisal Buzz

At today’s improvement rate, those serious delinquencies will still number about 1 million when the first wave of forbearance expirations begin. The post National Delinquency Rate Dips Below Pre-Great Recession Average appeared first on DSNews. The post National Delinquency Rate Dips Below Pre-Great Recession Average appeared first on Appraisal Buzz.

Appraisal 150
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5 Best States to Invest in Real Estate in 2021: Where Americans Are Moving

Mashvisor

Due to the coronavirus pandemic, people are now rethinking where and how to live.

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Home Sales Reverse Course

Appraisal Buzz

June saw more homes available, and with lower rates in the market, more on the sidelines were able to take advantage and purchase a home. The post Home Sales Reverse Course appeared first on DSNews. The post Home Sales Reverse Course appeared first on Appraisal Buzz.

Appraisal 195
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Canada first-time buyers hit by new dilemma

Mortgagebroker News

The Canadian housing market’s bull run is proving increasingly costly for would-be buyers

Buyers 69
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Despite Lack of Inventory, Existing Home Sales Up in June

Appraisal Buzz

Improvements in housing supply has led to a rise in listings, resulting in an uptick in sales. The post Despite Lack of Inventory, Existing Home Sales Up in June appeared first on theMReport.com. The post Despite Lack of Inventory, Existing Home Sales Up in June appeared first on Appraisal Buzz.

Inventory 195
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A year later, how has Canadian CEOs’ diversity pledge held up?

Mortgagebroker News

A lot of work remains unfinished when it comes to racial justice in Canadian companies

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Featured Team Member: GraceAnn Murphy

Magnusson Group

GraceAnn Murphy brings three decades of design and organizational expertise to The Magnusson Group. After a career in graphic design, she transitioned to interior design and staging, specializing in accessories to enhance large spaces, from floral arrangements for hotels to giant floorcloths for beach homes. A founding board member of Hope Autism Foundation , she regularly plans fundraising galas and holiday house tours.

Design 36
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Properly announces successful Series B financing round

Mortgagebroker News

The tech-enabled brokerage is looking to step up its expansion efforts across Canada

Finance 69
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Viva Las Vegas Part 2: Proving Provenance on Paper

Magnusson Group

Las Vegas ASA International Appraisal Conference, October 24-26, 2021. The Personal Property Conference Committee (which I chair) has chosen Ephemera and Provenance as recurring subjects at the ASA International Appraisal Conference in Las Vegas in October. Ephemera is a term applied to typically written or printed items that were originally expected to have only short-term usefulness.

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How will immigration impact the mortgage market as Canada opens up?

Mortgagebroker News

An industry president expects the effect to be steady rather than spectacular

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Variant scare causes mortgage rates to fall to 2.78%

Housing Wire

The average 30-year fixed-rate mortgage sank 10 basis points to 2.78% for the week ending on July 22, continuing several weeks of declines , according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. According to Sam Khater, Freddie Mac’s chief economist, concerns about the COVID-19 Delta variant and the recovery from the pandemic are taking their toll on economic growth.

Mortgage 471
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Which lenders always come through for their broker partners?

Mortgagebroker News

Last few days to take part in CMP's annual Brokers on Lenders survey

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Housing inventory slowly coming back as frenzy fades

Housing Wire

After four consecutive months of declines, existing home sales increased in June, jumping 1.4% from May to a seasonally adjusted annual rate of 5.86 million, according to the National Association of Realtors. You can thank a rise in housing inventory for the gains. Sales climbed 22.9% year over year, up from 4.77 million in June 2020 as housing inventory has slowly improved in recent months.

Inventory 488
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Canadian mortgage debt sets a new record high

Mortgagebroker News

The trend is likely to persist in the current rate environment