Housing Wire
MARCH 15, 2023
Following a chorus of complaints from the mortgage industry, the Federal Housing Finance Agency (FHFA) on Wednesday announced that it would delay the implementation of a new and controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income ratios.
George Dell
MARCH 15, 2023
Market value, of course! Or is it? The great recession, and things like that, which come around every 12-15 years, all concur with the ‘accepted’ definition of market value, as written in the USPAP book Advisory Opinion 30.
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Housing Wire
MARCH 15, 2023
Fannie Mae announced on Wednesday that it has appointed Michael Seelig to its board of directors, where he will serve on the audit committee.
Appraiserblogs
MARCH 15, 2023
Garbage data in means garbage results out every time! It’s no secret that AVMs have been a thorn in the side of real estate appraisers since they first came out.
Housing Wire
MARCH 15, 2023
Despite the volatile mortgage rate environment and overall economic uncertainty, homebuilder confidence slowly continues to rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.
Eyes on Housing
MARCH 15, 2023
After four consecutive declines, the producer price index (PPI) for inputs to residential construction less energy (i.e., building materials) rose 0.3% in February 2023 (not seasonally adjusted) follow a 1.1% increase in January (revised), according to the latest PPI report.
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Eyes on Housing
MARCH 15, 2023
Although high construction costs and elevated interest rates continue to hamper housing affordability, builders expressed cautious optimism in March as a lack of existing inventory is shifting demand to the new home market.
Housing Wire
MARCH 15, 2023
The Silicon Valley Bank and Signature Bank failures that occurred over the last week have caused even more uncertainty within the mortgage industry. Still, homebuyers took advantage of declining rates provoked by the turbulence and applied for home loans.
Inman
MARCH 15, 2023
Coldwell Banker Chief Operating Officer Liz Gehringer told Inman a diversity push is helping grow the company even in a slower market. She also touted the return of international buyers as the pandemic winds down.
Housing Wire
MARCH 15, 2023
You’ve likely heard of ChatGPT and the online discussions surrounding its use. The AI-powered language tool has been sparking conversations about where and how it can be used to make work more efficient, and the mortgage business is no exception. ChatGPT was launched in November 2022 by OpenAI.
Inman
MARCH 15, 2023
AI is useful, but it's far from perfect. Here are five common questions buyer clients ask agents, incorrect responses from ChatGPT, plus the correct response agents should use to avoid litigation. Agent Buyers Tools New Agent Select Service Technology AI bernice ross ChatGPT technology
Housing Wire
MARCH 15, 2023
Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers.
Inman
MARCH 15, 2023
After several years of bidding wars and waived contingencies, the scales are starting to tip in homebuyers' favor, according to Redfin's latest market report published on Wednesday. During the three months ending Feb. 28, 45.5
Housing Wire
MARCH 15, 2023
One day after Signature Bank collapsed , an affiliate of loanDepot moved $225 million of cash balances to a large money center bank, the mortgage company disclosed Wednesday morning.
Inman
MARCH 15, 2023
Within six weeks, the companies exceeded their adoption target, largely as a result of an internal marketing campaign whereby agents who were early adopters of the program made recommendations to other agents based on experience, BHS exclusively told Inman.
Valuation Review
MARCH 15, 2023
Fannie Mae recently released its Selling Guide Announcement SEL-2023-02 with significant updates for appraisers. fanniemae #appraisalmodernization
Inman
MARCH 15, 2023
From outdated designs to lackluster content, these errors can significantly impact your business. But with some insight on how bad each mistake really is, you can avoid the worst ones and create a website that's an asset for your business.
Valuation Review
MARCH 15, 2023
Cignature Realty CEO Lazer Sternhell concludes his thoughts on multifamily housing. cignaturerealty #investing
Inman
MARCH 15, 2023
Leadership is not an inherent quality; it can be learned and constantly improved, according to PLACE's Ben Kinney and Brian Gubernick. Team leader Carl Medford outlines the eight qualities they've identified as leadership game-changers.
Mashvisor
MARCH 15, 2023
Maximizing the earning potential of your real estate investment requires you to be knowledgeable about specific strategies and opportunities.
Inman
MARCH 15, 2023
Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come.
Valuation Review
MARCH 15, 2023
Big Purple Dot hired a new chief product officer. bigpurpledot #technologyplatform #companyhire
Inman
MARCH 15, 2023
Builder confidence rose 2 points in the latest National Association of Home Builders' Housing Market Index, but economists fear lending challenges in the wake of bank failures this month.
Valuation Review
MARCH 15, 2023
The U.S. Department of Housing and Urban Development reach Road Home Program agreement. repaymentobligations #louisianna #HUD
Inman
MARCH 15, 2023
The announcement follows the resignations of former Long & Foster Companies President and CEO Jeff Detwiler and former Long & Foster Real Estate President Boomer Foster, which were made public at the beginning of this week.
Valuation Review
MARCH 15, 2023
Each year, the average American household spends $2,690 on real-estate property taxes. wallethub #vehicletax #residentialtax
Inman
MARCH 15, 2023
As Marketing and Branding Month keeps on truckin', we want you to weigh in on the biggest marketing mistake agents make. Agent Marketing Marketing & Branding Month Pulse Service Theme Months pulse theme-month-202303
Valuation Review
MARCH 15, 2023
CoreLogic recently released its latest Single-Family Rent Index (SFRI) results for December. corelogic #SFRI
Inman
MARCH 15, 2023
ChatGPT can be a useful tool, but it spits out a lot of bad advice, writes Bernice Ross. In Part Two of the series, find out what seller information the AI gets wrong. Agent Columns Listings New Agent Select Service Technology bernice ross ChatGPT disclosure listing agent sellers
Valuation Review
MARCH 15, 2023
JLL’s Valuation Advisory group recently released its inaugural Healthcare Investor Survey and Trends Outlook. jll #healthcaresector #2023outlook
Inman
MARCH 15, 2023
Want to take your client relationships to the next level and have some fun while doing it? Trainer Darryl Davis suggests client appreciation parties — with a twist.
Lamacchia Realty
MARCH 15, 2023
IS RENTAL PROPERTY IN FLORIDA A GOOD INVESTMENT? The real estate market in Florida is very dynamic, with thousands of sales made daily. With its warm weather, friendly people, and gorgeous coastline, Florida is a dream state for many.
Inman
MARCH 15, 2023
The struggling mortgage lender assures investors that it has moved $225 million in cash that it held at Signature Bridge Bank to another institution. Mortgage Regulations Select loanDepot Signature Bank Silicon Valley Bank Tim Mayopolous
Cleveland Appraisal Blog
MARCH 15, 2023
Hello dear readers! I hope you are all doing as well. This week, I welcome a new guest blogger, Evelyn Grier, who specializes in writing articles on healthcare, senior care, and digital marketing. In the following article, she shares some things to keep in mind regarding senior living.
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