Housing Wire
JANUARY 5, 2022
The Federal Housing Finance Agency introduced new upfront fees on Wednesday for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac. Upfront fees for high balance loans will increase between 0.25% and 0.75%, tiered by loan-to-value ratio. For second home loans, the upfront fees will increase between 1.125% and 3.875%, also tiered by loan-to-value ratio.
Appraisal Buzz
JANUARY 5, 2022
In today’s Buzzcast, we dive into Clearbox, LLC and the many benefits it offers the appraisal industry. Today we have Joan Trice, Founder of Clearbox, LLC., and Jim Morrison, VP of Marketing and Sales for Allterra Group. We’ll be getting the inside scoop while they discuss how a profile on Clearbox can be advantageous. What does your profile on Clearbox display?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
JANUARY 5, 2022
Some Federal Housing Administration -approved mortgage servicers have routinely flouted the agency’s loan modification program, according to Washington, D.C. Attorney General Karl Racine and 20 other state attorneys general. The attorneys general wrote in a Dec. 21 letter that a number of mortgage servicers employed by FHA-approved lenders failed to adequately implement loan modification options the FHA introduced in July.
Appraisal Buzz
JANUARY 5, 2022
Mortgage purchase applications are decreasing, while median asking prices of newly listed homes increased to 12.9%. Here’s the data from a new housing market update. The post Pending Home Sales Drop to Historic Low appeared first on DSNews. The post Pending Home Sales Drop to Historic Low appeared first on Appraisal Buzz.
Housing Wire
JANUARY 5, 2022
The most wonderful time of the year, as the song would have us believe, comes to a close with Epiphany, the 12 th day of Christmas, Jan. 6. I do hope everyone had a joyous holiday season, spending some relaxing time with family and friends. The holiday season is winding down. So is the 24-month refinance market, the biggest of its kind in all of mortgage banking history.
Appraisal Buzz
JANUARY 5, 2022
Rocket Companies, the Detroit-based FinTech platform company consisting of tech-driven real estate, mortgage and financial services businesses—including Rocket Mortgage, Rocket Homes, Truebill, and Rocket Auto—today announced a series of promotions and leadership changes to further the company’s trajectory of success. Jay Farner, Vice Chairman & CEO of Rocket Companies and previous CEO of Rocket Mortgage, will assume the title of CEO for Rocket … The post Rocket Companies Annou
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Appraisal Buzz
JANUARY 5, 2022
The Federal Housing Finance Agency (FHFA) is implementing targeted increases to Fannie Mae and Freddie Mac (the enterprises) upfront fees for certain high-balance loans and second home loans. High-balance loans are mortgages originated in certain designated areas above the baseline conforming loan limit. The new fees will go into effect for deliveries and acquisitions beginning April 1, 2022, in order to minimize market and pipeline disruption.
Housing Wire
JANUARY 5, 2022
Reverse Mortgage Funding, LLC (RMF) has acquired a portfolio of mortgage servicing rights (MSRs) and other assets from industry-leading lender American Advisors Group (AAG), which consists of more than 75,000 loans totaling $12.1 billion in unpaid principal balance (UPB). This is according to a communication alert the company sent to its partners which was obtained by RMD.
Appraisal Buzz
JANUARY 5, 2022
PERSON OF THE WEEK: How can mortgage lenders improve their marketing strategies to better market to borrowers? To find out, MortgageOrb recently interviewed Kieran Mital, marketing analyst for Tavant Technologies. Q: What are some of the obstacles that impair adoption of marketing techniques across lending channels? Kieran: A big obstacle for mortgage lenders is narrowing down your target market and determining where to invest limited time and resources.
George Dell
JANUARY 5, 2022
Resolved: To protect the overall public trust. The ostensible purpose of government is to serve the public good. Government regulators are charged with quite a responsibility. A difficult job. Politics, pulls, jabs, and pokes abound. Everyone has a different view. But is that a real goal for 2022? Or a fake goal? A real goal […]. The post The Public Trust – A For-Real Goal?
Appraisal Buzz
JANUARY 5, 2022
Kevin Wheeler has been promoted to managing director of product and engineering at Promontory MortgagePath , a provider of digital mortgage and fulfillment solutions. Wheeler previously held the position of director of backend engineering. In his time at Promontory MortgagePath, Wheeler has been a driving force in engineering the technologies supporting the company’s digital mortgage and fulfillment solutions.
Eyes on Housing
JANUARY 5, 2022
Consumer confidence continued to improve in December as inflation concerns eased after hitting a 13-year high last month. Spending intentions for homes, cars, and major appliances all increased. However, consumer spending will continue to face headwinds from higher prices, Omicron surge and reduced fiscal stimulus in 2022. The Consumer Confidence Index, reported by the Conference Board, rose 3.9 points from.
Appraisal Buzz
JANUARY 5, 2022
The global health crisis spurred the legal field to embrace digital processes out of necessity. Attorney Michelle Garcia Gilbert asks “Where do we go from here?”. The post Practicing Law as a Digital Nomad appeared first on DSNews. The post Practicing Law as a Digital Nomad appeared first on Appraisal Buzz.
McKissock
JANUARY 5, 2022
As part of our contributor series, John Walker talks about his best time management strategies for real estate agents and brokers. . Real estate is an industry that attracts a lot of entrepreneurs, self-starters, and big dreamers. Why? The short answer is the real estate industry offers virtually endless amounts of opportunity and in many cases, there are fewer roadblocks in order to get started than there are in other industries.
Appraisal Buzz
JANUARY 5, 2022
Joe Welu details how wholesalers can help brokers improve the relationships and strengthen their business for a far more competitive purchase market. The post Turning Data Into Meaningful Connections appeared first on theMReport.com. The post Turning Data Into Meaningful Connections appeared first on Appraisal Buzz.
Hank Miller Team
JANUARY 5, 2022
Buying a lake home presents additional challenges a normal home doesn't; in Georgia those challenges can be formidable. Two major players influence lake homes in Georgia; the US Army Corps of Engineers and Georgia Power. The Corps of Engineers regulates and manages multiple lakes across Georgia, flood control is a significant responsibility of theirs.
Appraisal Buzz
JANUARY 5, 2022
In this episode of DS5, Nathan Bossers, President of Boston National Title, discusses how the servicing industry is rebounding after the pandemic and what 2022 holds for this segment of the industry. The post DS5: Getting Back on Track appeared first on theMReport.com. The post DS5: Getting Back on Track appeared first on Appraisal Buzz.
Valuation Review
JANUARY 5, 2022
Valuation Review recently attended the 2021 Appraisal Summit conference in Las Vegas and caught up with Appraisal Subcommittee (ASC) Appraisal Policy Manager Jenny Tidwell. The ASC executive shared thoughts on what states require of AMCs, and what is being talked about for the future. Read on to learn more.
Appraisal Buzz
JANUARY 5, 2022
In this episode of DS5, Nathan Bossers, President of Boston National Title, discusses how the servicing industry is rebounding after the pandemic and what 2022 holds for this segment of the industry. The post DS5: Getting Back on Track appeared first on theMReport.com. The post DS5: Getting Back on Track appeared first on Appraisal Buzz.
GoForrmz
JANUARY 5, 2022
Transform healthcare IT solutions by switching to paperless forms Healthcare information technology teams are always looking for software solutions to help administrators cut down on lengthy intake processes and improve fragmented communication with patients. With paper forms, teams are left to collect patients’ health data in a time-consuming and inefficient process flow.
Appraisal Buzz
JANUARY 5, 2022
Mortgage applications decreased 2.7% from two weeks earlier, according to data from the Mortgage Bankers Association ‘s (MBA) Weekly Mortgage Applications Survey for the week ending December 31, 2021. The results include adjustments to account for the holidays. . The Market Composite Index, a measure of mortgage loan application volume, decreased 2.7% on a seasonally adjusted basis from two weeks earlier.
Valuation Review
JANUARY 5, 2022
The Mortgage Bankers Association announced 19 members for the 2022 Affordable Rental Housing Advisory Council. CPC Mortgage Co. Vice President Michael Staton and CBRE Managing Director Sarah Garland will serve a second term as co-chairs.
Appraisal Buzz
JANUARY 5, 2022
Beginning April 1, Fannie Mae and Freddie Mac will add upfront fees to both high-balance loans and second home loans. The post FHFA to Increase GSE Pricing Framework appeared first on DSNews. The post FHFA to Increase GSE Pricing Framework appeared first on Appraisal Buzz.
Valuation Review
JANUARY 5, 2022
Active military and veteran home buyers recently received good news from the Federal Housing Finance Agency (FHFA). The FHFA announced the new 2022 conforming loan limit of $647,200, which is an increase of 18.26 percent.
Appraisal Buzz
JANUARY 5, 2022
Continued supply concerns have forced more to reconsider their home purchases, as the year closed out with a decline in overall purchase apps. The post Mortgage App Volume Slides to Close 2021 appeared first on theMReport.com. The post Mortgage App Volume Slides to Close 2021 appeared first on Appraisal Buzz.
Valuation Review
JANUARY 5, 2022
Greystone recently provided a $29,121,000 HUD-insured loan to refinance a 185-unit multifamily property in Lompoc, Calif. The transaction was originated by Eric Rosenstock, managing director, and Jesse Yodice, vice president, of Greystone, on behalf of Kailani Village.
Appraisal Buzz
JANUARY 5, 2022
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its December 2021 bankruptcy filing statistics from its AACER subsidiary which found that filings declined by 4.7% last month representing 27,957 filings of all types, up from the 29,328 seen is November. Breaking the data down, Chapter 13 individual bankruptcies have now seen two months of declines after rising for six months.
Valuation Review
JANUARY 5, 2022
JLL recently announced that Brian Testorf has joined the firm as a vice president in the Valuation Advisory group’s Hotels & Hospitality practice. Testorf will report directly to Managing Director Charlotte Kang. Read on for more details.
Appraisal Buzz
JANUARY 5, 2022
Stewart CEO says the addition of Stephanie Silcott will position the company to deliver progressive solutions to consumers and customers alike. The post Innovation Expert Appointed Stewart’s VP of Enterprise Operations appeared first on DSNews. The post Innovation Expert Appointed Stewart’s VP of Enterprise Operations appeared first on Appraisal Buzz.
Valuation Review
JANUARY 5, 2022
Valuation Review concludes its conversation with 2022 Appraisal Institute President Pledger (Jody) Bishop, III. The organization’s new leader, who took office Jan. 1, talked about additional goals for the appraiser over the next 12 months, as well as appraisal methodology being evaluated, including lender appraisal guidelines and the roles and processes of appraisal management companies.
Appraisal Buzz
JANUARY 5, 2022
Homebuyers who purchased homes over the holidays paid high prices due to a surge in demand and an ongoing supply shortage. The post Homes Selling Above Listing Price, New Listings Decrease appeared first on theMReport.com. The post Homes Selling Above Listing Price, New Listings Decrease appeared first on Appraisal Buzz.
Lamacchia Realty
JANUARY 5, 2022
Top Producing REALTOR® Laurie Howe Bourgeois has been ranked the #1 REALTOR® in the city of Leominster for both units, sales sides, and sales volume in 2021 and #1 in Worcester County by sales volume*! With 82 total sales closed in MA & NH, Laurie’s immense determination, passion, and dedication to the work she does is evident with these rankings, as she truly provides nothing but the absolute best experiences for her clients with each and every sale.
Mashvisor
JANUARY 5, 2022
Anyone looking to make an investment would traditionally look to the stock market as a place to invest their dollars.
BiggerPockets
JANUARY 5, 2022
you are a landlord, it is crucial to follow state laws regarding a tenant’s rights—and the “implied warranty of quiet enjoyment.” Unfortunately, from a landlord’s perspective, it usually means the tenant has more rights to the property than the owner. Therefore, understanding what you can and cannot do is vital to running a successful rental business.
Expert insights. Personalized for you.
520 
Let's personalize your content