Fri.May 13, 2022

article thumbnail

The mission behind Movement Mortgage’s ‘Grab the Key’

Housing Wire

Movement Mortgage was founded in 2008 with a mission to create a “movement of change” in the mortgage industry after one of the hardest financial episodes in American history. This mindset is still present today, as they continue to move forward to tackle some of the biggest problems in the industry today. Montell Watson, director of diversity lending at Movement Mortgage, sat down with HousingWire to talk about one of their newest programs, Grab the Key , explaining the history and goals of the

article thumbnail

Panorama Mortgage Integrates Vision Mortgage into Brand Group

Appraisal Buzz

Vision Mortgage Group has joined Panorama Mortgage Group (PMG), a multi-brand national mortgage company headquartered in Nevada. Mark Charlton will lead the company as president. Vision Mortgage Group is focusing on expanding homeownership opportunities across the country and will be leveraging PMG’s mortgage platform to accomplish that goal. “We’re thrilled to be welcoming Mark to our organization and look forward to his leadership as we continue to grow and evolve,” say

Mortgage 170
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blockchain today vs. yesterday – What’s different?

Housing Wire

The key difference in Blockchain, distributed ledger technologies (DLT) and related crypto-technologies today is we now understand how these technologies must adapt and are adapting to the world as it is. In 2008 when blockchain and its celebrity use case of BitCoin came into view, with breathless excitement discussions of complete decentralization of purchases and bank-less futures coursed freely through public discourse.

Contracts 345
article thumbnail

Gen Z Buyers Represent a ‘Growing Splash’

Appraisal Buzz

Leveraging data from 890,000 unique users, LendingTree has released new research on Generation Z from the 2021 calendar year on where they are most likely to move to after graduating and leaving home. Generation Z, born between 1997-2012 and now aged 18-24, is beginning to see its first wave of homebuyers and by all available data, … The post Gen Z Buyers Represent a ‘Growing Splash’ appeared first on DSNews.

Buyers 150
article thumbnail

‘Foreclosure Abuse Prevention Act’ awaits New York governor’s signature

Housing Wire

Homeowners in New York who are knee-deep in foreclosure litigation may soon get a break, as a piece of legislation making its way to Gov. Kathy Hochul’s desk could discharge a swath of foreclosure cases pending in state and appellate courts. If Hochul signs the bill as-is, the statute of limitations for a lender to start a foreclosure action will be reverted to six years , as was the case prior to the Court of Appeals’ 2021 decision in Freedom Mortgage Corporation vs.

Law 288
article thumbnail

Fed Chair Powell Confirmed by Senate for Second Term

Appraisal Buzz

By an 80-19 vote, Jerome Powell has been confirmed as Chairman of the Federal Reserve Board by the U.S. Senate. The post Fed Chair Powell Confirmed by Senate for Second Term appeared first on DSNews. The post Fed Chair Powell Confirmed by Senate for Second Term appeared first on Appraisal Buzz.

Appraisal 150

More Trending

article thumbnail

Bankruptcies Down Over 20% YoY

Appraisal Buzz

Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its April 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 10% last month representing 32,508 filings of all types, down from the 36,059 seen in March, but up from the 26,985 seen in February, and 26,149 … The post Bankruptcies Down Over 20% YoY appeared first on DSNews.

Legal 150
article thumbnail

7 Excellent Real Estate Appraisal Podcasts Every Appraiser Should Listen To

McKissock

How do you stay up-to-date on the latest appraisal news and trends? Podcasts are a great source of industry information and insights. They’re also entertaining and super convenient since you can stream them during your morning commute or while you’re driving to appraisal appointments. Whether you listen in your car or at your desk, here are seven excellent appraisal podcasts to check out. 1.

article thumbnail

HUD Expands Its Eviction Grant Program

Appraisal Buzz

An additional $20 million has been made available by HUD to 11 non-profits and governmental entities who provide legal assistance to low-income tenants at-risk of or subject to eviction. The post HUD Expands Its Eviction Grant Program appeared first on DSNews. The post HUD Expands Its Eviction Grant Program appeared first on Appraisal Buzz.

Tenants 150
article thumbnail

5 Ways Transportation Teams Win With GoFormz

GoForrmz

Digital forms and solutions are critical for modern transportation teams Transportation is a tough job, and the industry is approaching its toughest week of the year: International Roadcheck. This is a 72-hour event with increased inspections all throughout North America. It's one of four safety initiatives for 2022 created by the Commercial Vehicle Safety Alliance (CVSA).

article thumbnail

Who Is Bidding at Foreclosure Auctions?

Appraisal Buzz

Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com takes a look at this market segment and others taking part in home auctions nationwide. The post Who Is Bidding at Foreclosure Auctions? appeared first on DSNews. The post Who Is Bidding at Foreclosure Auctions? appeared first on Appraisal Buzz.

article thumbnail

Condos Near Me: Should You Invest in 2022?

Mashvisor

Many real estate investors looking to diversify their investment portfolios are asking themselves, “Should I invest in condos near me in 2022?” Table of Contents What Is a Condo?

article thumbnail

MBA Reports Nearly 75 Percent Jump for Q1 2022 Commercial/Multifamily Borrowing

Appraisal Buzz

Commercial and multifamily mortgage loan originations increased 72% in the first quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association ’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. In line with seasonality trends, originations during the first three months of 2022 year were 39% lower than the fourth quarter of 2021.

Lending 150
article thumbnail

7 Best Investment Software for Real Estate Investors

Mashvisor

The most successful real estate investors evaluate prospective financial performance with investment software tools to make better decisions. Table of contents Should You Employ Investment Software?

article thumbnail

Is The Housing Market About to Collapse? What Investors Need to Know

BiggerPockets

It seems like every media outlet, and perhaps every person on Earth, is debating if the housing market is going to crash soon. While the truth is that no one […].

article thumbnail

Is Real Estate Investing Recession Proof?

Mashvisor

Real estate investors must inquire about the type of real estate investing strategy that can provide a secure income during a recession.

article thumbnail

Rookie Reply: Rent Out Your Primary Residence or Sell and Buy Rentals?

BiggerPockets

This week’s question comes from Brandi through Ashley’s Instagram direct messages. Brandi is asking: Our current home could give us about $260,000 in net proceeds if sold. We plan to […].

article thumbnail

How will rent rates shape up this year?

Mortgagebroker News

Demand and inventories will be the main factors that would determine the dynamics of the Canadian rental housing market

article thumbnail

Credit for Builders and Developers Tightens in the First Quarter

Eyes on Housing

During the first quarter of 2022, credit became tighter on loans for Acquisition, Development & Construction (AD&C) according to NAHB’s Survey on AD&C Financing. The NAHB survey produces a net easing index that summarizes the change in credit conditions, similar to the net easing index constructed from the Federal Reserve’s survey of senior loan officers (SLOOS).

article thumbnail

CAIRP: Insolvency levels intensify in Q1

Mortgagebroker News

Interest hikes and inflation levels are likely to put more consumers and businesses at risk

article thumbnail

Highest and Lowest Property Tax Rates in Greater Boston

Lamacchia Realty

HIGHEST AND LOWEST PROPERTY TAX RATES IN GREATER BOSTON. The average single-family property tax bill in Massachusetts in 2022 is $6,719, up $347 from the previous year, according to a recent report conducted by the Division of Local Services, Massachusetts Department of Revenue. The average tax rate in Massachusetts is now $14.58 for every $1,000 in assessed property value.

article thumbnail

As market cools, significant opportunity remains – leading broker

Mortgagebroker News

A less intense market could lead to favourable conditions for many buyers and brokers alike

article thumbnail

Spring Into Summer Market Expectations

Eppraisal

Last year the real estate market was unlike any other. It was a sizzling hot seller's market, as sellers took advantage of the low housing inventory available for sale. Buyers were taking advantage of the historically low interest rates, borrowing money cheaply. This spring, the real estate market has experienced some changes that will affect the summer real estate market.

article thumbnail

BC seniors get affordable housing boost

Mortgagebroker News

Governments partner with a local seniors’ society to provide new low-cost housing supply for Kamloops

article thumbnail

Opinion: Use data to scale your mortgage servicing business

Housing Wire

Mortgage servicing is a scale business, meaning the economics of scale can be achieved with larger servicing portfolio by spreading the fixed costs among more loans being serviced. Such scaling; however, hasn’t achieved the expected results as indicated by both the increase of servicing cost on a per-loan basis and on loans serviced on a per-employee, basis according to the research for the past decades by the Mortgage Bankers Association.

Business 399
article thumbnail

StatCan: Building permits moderate in March

Mortgagebroker News

However, the total value of construction permits remains robust on a quarterly basis

article thumbnail

GPARENCY Debuts New Commercial Real Estate Lender Software Solution

Appraisal Buzz

Commercial mortgage brokerage GPARENCY has launched its new Match to Lender solution. The software solution gives CRE borrowers the ability to search by loan and property type to access every single loan lender in their state, free of charge. “We knew when we started GPARENCY, it would turn the CRE industry upside down, in the best possible sense,” states Ben Schweitzer, founder and chief product officer at GPARENCY. “We’ve created a democratized approach to.