Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And the company claims that there is already a waitlist for the product. According to Milo’s press release , clients who use the company’s services can pledge their Bitcoin to purchase a property. The company notes that this way, homebuyers can continue to own their Bitcoin and diversify into real estate, while potentially pocketing the price appreciation of both.

Mortgage 485

Mortgage Clients Real Estate Technology 485

Appraisal Buzz

JANUARY 18, 2022

The Mortgage Bankers Association ‘s (MBA) new monthly Loan Monitoring Survey has revealed that the total number of loans now in forbearance decreased by 26 basis points from 1.67% of servicers’ portfolio volume in the prior month to 1.41% as of December 31, 2021. According to MBA’s estimate, 705,000 homeowners are in forbearance plans.

Mortgage 370

Mortgage Appraisal 370

Housing Wire

JANUARY 18, 2022

Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in December from 1.67% in November , according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 51 basis points to 3.43%.

Mortgage 408

Mortgage Marketing 408

The Appraiser Coach

JANUARY 18, 2022

In his classic novel Alice in Wonderland, author Lewis Carroll teaches an important principle through the character of the Cheshire Cat. Lost in the woods and faced with a crossroads, Read More.

Advertising 369

Advertising Real Estate Agent Government Business 369

Housing Wire

JANUARY 18, 2022

Anthony Hsieh, the CEO of loanDepot , has been buying some pricey real estate in Florida, pushing his portfolio of properties to over $150 million. As was first reported by the The Real Deal , Hsieh has dropped approximately $50 million dollars on two properties located in Miami since the start of this year. He paid $30 million for a waterfront mansion on Star Island — a man-made island in Biscayne Bay, infamous for attracting rich and famous homebuyers — and $19.5 million for a condo in Miami.

Real Estate 360

Real Estate Retail Investors Clients 360

Sacramento Appraisal Blog

JANUARY 18, 2022

Do you ever feel like it’s going to be a good week? I’m definitely feeling that way as I finally got rid of a nagging cold that wouldn’t go away. I tested negative multiple times, so this really was a cold. But besides that, season four of Ozark is coming out on Friday, so I’m […].

Real Estate 352

Real Estate Marketing Buyers Housing Market 352

Appraisal Buzz

JANUARY 18, 2022

Mortgage industry veteran Lauren Pilon has joined LoanLogics , offering loan quality technology for mortgage manufacturing and loan acquisition, as chief of staff. Before joining LoanLogics, Pilon spent more than 11 years at LendingTree, most recently as vice president of business operations, where she led the company’s OKR program in addition to overseeing operations across multiple business lines.

Project Management 195

Project Management Technology Business Appraisal 195

Eyes on Housing

JANUARY 18, 2022

Over the first eleven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 1,029,208. On a year-over-year (YoY) basis, this is a 15.9% increase over the November 2020 level of 888,217. Year-to-date ending in November, single-family permits increased in all four regions. Southern region reported the strongest increase of 17.6%, followed by Northeast (+15.8%), West.

Construction 153

Construction Marketing 153

Appraisal Buzz

JANUARY 18, 2022

In a move that will expand its footprint in 11 states, First American Financial Corp. , a provider of title insurance, settlement services and risk solutions for real estate transactions, is acquiring Mother Lode Holding Co., a California-based provider of title insurance, underwriting and escrow services. Terms of the deal were not disclosed. Mother Lode Holding Co. serves both the residential and commercial real estate markets.

Insurance 195

Insurance Real Estate Appraisal Marketing 195

GoForrmz

JANUARY 18, 2022

GoFormz will be onsite as a Gold Sponsor at this year’s Acumatica Summit (January 23- 28, 2022) Next week, GoFormz will be sponsoring the Acumatica Summit in Las Vegas! Will we see you there? Check out more information below: About the event The Acumatica Summit is an annual event for Acumatica customers, partners, and industry leaders. With a variety of informative sessions, exhibitions, demos, and networking opportunities available, it’s truly an event you don’t want to miss.

Business 148

Business Marketing 148

Appraisal Buzz

JANUARY 18, 2022

The Federal Reserve has already signaled that rising rates are on the horizon for 2022, but Bankrate has released a new forecast predicting that rates will be adjusted at least twice this year. Two rate increases means that rates will rise by more than half a percentage point, meaning the rate for a home equity line of credit (HELOC) … The post Home Equity Rate Forecast for 2022 appeared first on theMReport.com.

Appraisal 195

Appraisal 195

Hank Miller Team

JANUARY 18, 2022

The curtain fell on 2021 and the housing market report for greater Atlanta can be succinctly summed up; crazy. In addition the last quarter being traditionally slow, the big influences on the market were inflation levels unseen in 40 yrs, supply chain shortages, labor issues and of course the rise and run of the omicron covid variant. That is best described as an endemic; like the flu it's evident that the covid situation isn't going anywhere.

Housing Market 103

Housing Market Supply Chain Marketing Buyers 103

Appraisal Buzz

JANUARY 18, 2022

Nicole McCrary has been promoted to vice president of compliance at Cherry Creek Mortgage , a nationwide, full-service mortgage lender. McCrary is an 18-year company veteran. She was previously assistant vice president of quality control. She joined Cherry Creek Mortgage in 2004 as a loan officer assistant. Since then, she has advanced into processing, customer support and compliance roles.

Mortgage 195

Mortgage Loan Officers Lending Appraisal 195

McKissock

JANUARY 18, 2022

Buying a house, an apartment, or a condo can feel like a daunting task, especially for first-time homebuyers. A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. Dale Schaechterle, the founding partner and CEO at Realty Executives Integrity , shares with Forbes that the services of a good real estate agent are essential for a first-time home buyer given the complicated network of mortgage rates and tax

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

Appraisal Buzz

JANUARY 18, 2022

The Colorado Housing and Finance Authority (CHFA) has integrated Encompass Investor Connect and AIQ technology from ICE Mortgage Technology , part of Intercontinental Exchange Inc. (ICE), enabling faster and easier loan delivery and funding. “We’re thrilled to support organizations like CHFA and the work they do for Colorado homebuyers,” says Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology.

Technology 195

Technology Finance Mortgage Investors 195

McKissock

JANUARY 18, 2022

Are you looking for reasons to upgrade your appraisal license ? Here are some stats to consider: As of December 31, 2018, only 42% of the 78,000 state-credentialed appraisers in the United States were certified general appraisers. This special group of appraisers, sometimes referred to as commercial appraisers, enjoy more stable fees, a higher income, and more choices for the assignments they decide to take on.

Appraisal 82

Appraisal Law Valuation Review Real Estate 82

Appraisal Buzz

JANUARY 18, 2022

New research examines the regions where factors are most conducive to would-be homeowners assembling a down payment in the timeliest manner. The post The Shortest Distance to Home appeared first on DSNews. The post The Shortest Distance to Home appeared first on Appraisal Buzz.

Appraisal 150

Appraisal 150

Lamacchia Realty

JANUARY 18, 2022

WHAT DOES CONTINGENT MEAN? During the home buying process you’re sure to hear the term “contingent”, but what does it really mean? Contingent is the status you’ll see on a listing once a seller accepts a buyer’s offer. An accepted offer, therefore, doesn’t necessarily mean ‘sold.’ There is a process between the accepted offer and the closing where multiple factors have to be examined in order for the property to go to closing and officially be marked sold.

Inspection 73

Inspection Sellers Buyers Realty 73

Appraisal Buzz

JANUARY 18, 2022

Saving for a down payment is one of the most important steps in the homebuying process. But as the average home price eclipses $380,000, the amount buyers need to save up is increasing too. Knowing this, RentCafe analyzed the top 174 metropolitan areas to find out where first-time buyers can save up for a down payment in the shortest amount of time.

Buyers 150

Buyers Appraisal 150

Mashvisor

JANUARY 18, 2022

Are you looking for a way to analyze a rental property? Read here to find out if BiggerPockets analysis tools can help you.

Tools 68

Tools Investing Investors Real Estate 68

Appraisal Buzz

JANUARY 18, 2022

Saving for a down payment is one of the most important steps in the homebuying process. But as the average home price eclipses $380,000, the amount buyers need to save up is increasing too. Knowing this, RentCafe analyzed the top 174 metropolitan areas to find out where first-time buyers can save up for a down payment in the shortest amount of time.

Buyers 150

Buyers Appraisal 150

BiggerPockets

JANUARY 18, 2022

What are the pros and cons of renting to pet owners? What questions should a pet application include? And how can you ensure that the pet is a good fit for your pet-friendly rental unit? Read on to find the answers to these questions—and more. .

Property Management 56

Property Management Landlords Real Estate Investors 56

Appraisal Buzz

JANUARY 18, 2022

According to a new report from Redfin, some 59.6% of home offers written by Redfin agents faced bidding wars nationwide in December 2021. Data found it to be the lowest share in 12 months, and down from a revised rate of 61.3% in November, but up from 54% in December 2020. Competition has dropped in … The post Pricey Homes in Metros Most Likely to Face Bidding Wars appeared first on DSNews.

Agents 195

Agents Appraisal 195

BiggerPockets

JANUARY 18, 2022

While leaving your W-2 to pursue real estate can be intimidating at first, it’s important to realize the skills you learned at your W-2 don’t all go to waste. Most […].

Real Estate 54

Real Estate 54

Appraisal Buzz

JANUARY 18, 2022

According to a new report from Redfin, some 59.6% of home offers written by Redfin agents faced bidding wars nationwide in December 2021. Data found it to be the lowest share in 12 months, and down from a revised rate of 61.3% in November, but up from 54% in December 2020. Competition has dropped in … The post Townhomes Named Most Competitive Property Type appeared first on theMReport.com.

Agents 195

Agents Appraisal 195

Cornerstone

JANUARY 18, 2022

Reading Time: 4 minutes. Over the last year, many homeowners reaped the benefits of a seller’s market. Home prices appreciating at record levels, surging equity, tight inventory, and historically low mortgage rates gave homeowners the motivation to move into new homes that better fit their changing, often remote, lifestyles. So, what about now? Does selling still make sense?

Sellers 49

Sellers Inventory Business Loan Officers 49

Mashvisor

JANUARY 18, 2022

If you’ve found yourself here it’s likely you’ve not yet started your Airbnb hosting journey.

Real Estate 69

Real Estate Tools Investors 69

Mortgagebroker News

JANUARY 18, 2022

Only one of Canada's hottest markets posted growth in total SAAR starts

Marketing 65

Marketing 65

Mashvisor

JANUARY 18, 2022

For analyzing short-term rental properties, you need reliable tools.

Tools 69

Tools Investors Investing Real Estate 69

Mortgagebroker News

JANUARY 18, 2022

Funding to renew the region's much-needed affordable housing supply

Investing 59

Investing 59

Eppraisal

JANUARY 18, 2022

Today we close out our 5-part series on "Adding Value to Your Home" with a look at updating your bathrooms. When it comes to which rooms to remodel in your home, bathroom remodels are near the top of the list, second only to the kitchen. No one wants to bathe and get ready for their day or night in a dingy, dark, outdated bathroom. This is especially true of an older bathroom that smells of mildew.

Modernization 36

Modernization Supply Chain Home Value 36

Housing Wire

JANUARY 18, 2022

A total of 10 new private-label securitization deals backed by more than 9,500 mortgages valued collectively at nearly $5.4 billion have already hit the market over the first few weeks of 2022, according to a new analysis by HousingWire. The residential mortgage-backed securities (RMBS) deals are spread across the three major buckets of the private-label market — jumbo-loan, investment-property and non-QM deals.

Investing 360

Investing Mortgage Government Investors 360

Appraisal Buzz

JANUARY 18, 2022

The Federal Housing Administration (FHA) is increasing the exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and governmental entities to submit bids for the purchase of these homes before they become eligible for purchase by investors. Beginning March 1, the exclusive listing period for individuals, families, HUD-approved nonprofit organizations, and governmental entities will increas

Buyers 195

Buyers Real Estate Investors Appraisal 195

Housing Wire

JANUARY 18, 2022

More than 400 mortgage loan originators will pay penalties after a multi-state investigation alleged they falsely claimed they completed an annual continuing education requirement. LOs in 42 states who settled with state regulators will pay on average about $2,700 each — $1,000 for each state they are licensed in — for skipping the annual eight-hour course.

Loan Officers 396

Loan Officers Mortgage Law Tools 396