Housing Wire

AUGUST 31, 2022

Xactus tapped Ross Gloudeman as the verification solutions provider’s general counsel and chief compliance officer. The executive will be responsible for strengthening Xactus’ regulatory compliance framework and administering regulatory changes required by the credit and mortgage industries, the firm said. Gloudeman started on Tuesday. . Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditio

Modernization 370

Modernization Clients Technology Insurance 370

Appraisal Buzz

AUGUST 31, 2022

As the industry makes strides to increase homeownership for marginalized individuals, the mortgage finance space must keep pace to meet the needs of this group by enhancing its DEI efforts. The post Reflecting the Communities We Serve appeared first on DSNews. The post Reflecting the Communities We Serve appeared first on Appraisal Buzz.

Finance 195

Finance Appraisal Mortgage 195

Housing Wire

AUGUST 31, 2022

Demand for mortgage loans declined last week when mortgage rates surged due to Federal Reserve Chairman Jerome Powell ’s speech indicating that combating persistent inflation will cause some pain now. . The market composite index, a measure of mortgage loan application volume, fell 3.7% for the week ending Aug. 26, compared to the previous week, according to the Mortgage Bankers Association (MBA).

Mortgage 370

Mortgage Retail Contracts Inventory 370

Appraisal Buzz

AUGUST 31, 2022

Today’s Buzzcast interview is with Eric Tsai, Cofounder and CEO of Asteroom. We sat down with Eric and Joan Trice, Founder of Allterra Group, LLC, to discuss how technology is changing things for appraisers in the near future. What are some examples of the new technology helping appraisers today? How is Asteroom changing the game in the appraisal industry?

Technology 195

Technology Appraisal Modernization 195

Housing Wire

AUGUST 31, 2022

The global collective experienced significant turbulence during the pandemic years. As the world population was forced to press pause on many of life’s biggest milestones, innovation took hold and companies found new ways to conduct business through the digital landscape. For the mortgage industry, the dash toward virtual solutions and reliable fintech was crucial to reigniting the journey for hopeful home buyers.

Lending 370

Lending Real Estate Technology Design 370

George Dell

AUGUST 31, 2022

The transaction zone is a range within which a sale price might occur. Yet our definitions of value nearly all define a “most probable” price. In prior issues, we have discussed how vintage appraisal practice is vulnerable to accusations of bias. The “appraisal process” is most vulnerable at the beginning of the analysis, wherein “good […]. The post Bias in the (Transaction) Zone?

Appraisal Process 195

Appraisal Process Appraisal Market Value Marketing 195

Appraisal Buzz

AUGUST 31, 2022

Subject matter experts from Mr. Cooper, Richey May, Sagent, and The Basis Point discuss the health of America’s $12 trillion mortgage servicing industry, asking, “Are we in a golden age of mortgage servicing?”. The post Lessons Learned From Pandemic Servicing appeared first on DSNews. The post Lessons Learned From Pandemic Servicing appeared first on Appraisal Buzz.

Appraisal 195

Appraisal Mortgage 195

Housing Wire

AUGUST 31, 2022

You’ve enjoyed and learned from dozens of articles over the past few weeks, highlighting the panels and speakers at HW Annual. Exciting leaders like Marc King, AJ Barkley, Rene Rodriguez and William Lyons, will speak to attendees in fireside chats and panels like “The Amazon of Real Estate. ” But, what does a day in the life at HousingWire Annual actually look like?

Real Estate 370

Real Estate Loan Officers Technology Mortgage 370

Appraisal Buzz

AUGUST 31, 2022

In the world of cybercrimes, the effective execution and deployment of technology, people, and processes are the first steps in building a culture of information security. The post How to Win at Cybersecurity: Become a ‘Sneaker’ CISO appeared first on DSNews. The post How to Win at Cybersecurity: Become a ‘Sneaker’ CISO appeared first on Appraisal Buzz.

Technology 195

Technology Appraisal 195

Housing Wire

AUGUST 31, 2022

So much has evolved in the real estate process – agents and brokers no longer flip through the pages of MLS books, thumb through a Rolodex or fill out carbon copy contracts with their clients. However, one element of the real estate process that hasn’t seemed to progress is the Comparative Market Analysis, or CMA, which is created to establish a price for a property. homegenius recognized the industry’s need for an updated, smarter way to create pricing estimates for homes – one that utilizes cu

Agents 369

Agents Real Estate Technology Clients 369

Appraisal Buzz

AUGUST 31, 2022

A new report from Redfin found that nearly $17 trillion worth of homes, consisting of nearly 25 million properties, experienced intense drought conditions in August, up 42% year-over-year. The post More Migrating to Areas of Intense Drought appeared first on DSNews. The post More Migrating to Areas of Intense Drought appeared first on Appraisal Buzz.

Appraisal 150

Appraisal 150

Housing Wire

AUGUST 31, 2022

There’s no denying that today’s home buying journey is entirely different from a decade ago. Lenders and applicants alike rely on powerful tools and technology that increase transparency and create ease, speed and convenience. With more than 20 years of experience, CreditXpert has rolled with the punches brought on by a turbulent housing market and has excelled at adapting to the industry’s growing digital revolution and shift towards fast fintech solutions.

Mortgage 369

Mortgage Clients Loan Officers Finance 369

Appraisal Buzz

AUGUST 31, 2022

For many, when it rains, it pours, and many new and young adults got dealt a bad hand at the outset of the pandemic, when lockdowns eliminated many of their service-related jobs, drained their savings, and ultimately forced them to move back home. But things over the last two years have gotten better; lockdowns are … The post Young Adults Continue to Live at Home appeared first on DSNews.

Appraisal 150

Appraisal 150

Housing Wire

AUGUST 31, 2022

As more aspects of the mortgage process venture into the online realm, appraisal remains a bottleneck that regularly causes significant delays and loss in profit. With so many costs and slowdowns being attributed to inefficient appraisals, the opportunity that online appraisal presents is enormous, leaving no room for lenders to forsake fintech solutions that focus on this pivotal part of the process.

Appraisal 368

Appraisal Loan Officers Modernization Appraisal Process 368

Eyes on Housing

AUGUST 31, 2022

Non-real estate consumer credit grew at a seasonal adjusted annual rate (SAAR) of 8.7% in the second quarter of 2022 according to the Federal Reserve’s latest G.19 Consumer Credit report. Revolving debt climbed 14.6% (SAAR), double the increase in nonrevolving debt (+6.9%). Total consumer credit currently stands at $4.6 trillion, with $1.1 trillion in revolving debt and $3.5 trillion in.

Real Estate 149

Real Estate 149

Housing Wire

AUGUST 31, 2022

Houston-based nonbank mortgage lender Cornerstone Home Lending announced on Wednesday it has received all regulatory approvals to acquire traditional depository The Roscoe State Bank, a deal that will expand its operations beyond the traditional mortgage business. Expected to close around Oct. 1, the transaction will create a financial institution called Cornerstone Capital Bank , with more than $380 million in capital and $1.5 billion in assets, the companies claim.

Lending 368

Lending Retail Legal Loan Officers 368

DW Slater Company

AUGUST 31, 2022

“It is almost impossible to watch a sunset and not dream.” – Bernard Williams. We recently had an extended trip to send our son off to college in Colorado. When we returned I snapped this photo of Lake Ray Roberts as we were arriving in our hometown. It was so peaceful. I was thankful to be home and excited for his future. It symbolized a sunset in this part of my life, as this kid was now launched.

Real Estate 87

Real Estate Housing Market Appraisal Inventory 87

Housing Wire

AUGUST 31, 2022

Outsourcing or hiring in-house compliance experts are no longer the only options for servicers who need help handling lien releases and assignment of mortgage documents. With the use of PerfectDocs technology, virtually anyone can prepare, validate, execute, notarize and even record these documents within minutes without compromising the integrity or validity of the document.

Clients 367

Clients Technology Inspection Contracts 367

Genworth MI Blog

AUGUST 31, 2022

A version of this post originally appeared on MortgageOrb. The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer. Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

Housing Wire

AUGUST 31, 2022

In a market where profit margins are under pressure, lenders need the right technology to enhance efficiency and profitability. Lenders also need to be able to communicate effectively with their partners and stakeholders in order to reduce turnaround times. And the insights they can gain from data and analytics are more important than ever. The 12 companies featured in this section offer solutions that help lenders and other real estate professionals digitize their workflows, mitigate risk and b

Real Estate 364

Real Estate Technology Mortgage Marketing 364

GoForrmz

AUGUST 31, 2022

Digital payroll processes result in significant time savings for Strategic Sanitation Services. Strategic Sanitation Services provides condominium and apartment communities with on-site waste control and recycling services. Growing an average of 30% year-over-year, Strategic quickly outgrew traditional, paper-based processes, and selected GoFormz to streamline their daily processes.

78

78

Housing Wire

AUGUST 31, 2022

Fraud risk is growing as the market shifts away from traditionally low-risk refinances and moves toward a purchase and home equity driven market. First American Data & Analytics’ FraudGuard solution, a leading fraud, compliance and verification suite, is the right product for these market conditions, as it significantly reduces fraud risk. The industry-leading solution integrates the industry’s largest property ownership and public record data sets, including homeowners’ association contact

Client Relationships 355

Client Relationships Clients Investing Development 355

Mashvisor

AUGUST 31, 2022

Redfin recently released a report that shows how home prices went down in July 2022. More than 15% of sellers lowered their asking prices in 97 US metros.

Sellers 74

Sellers Investors Investing Finance 74

Lamacchia Realty

AUGUST 31, 2022

Matt Czepiel has officially qualified for the 2022 President’s Club by surpassing $16,000,000 in sales volume! This is the fourth year in a row that Matt has joined the club having previously made it in 2021 , 2020 , and 2019 ! Matt is consistently a top producing REALTOR® in the Waltham office and was named a Top Producer company-wide for 2021 and 2020.

Realty 59

Realty Clients Realtors Real Estate 59

Mashvisor

AUGUST 31, 2022

Rental properties for sale in Houston are a hot market, but is it too late to buy? Read the following market overview and see it for yourself.

Investing 68

Investing Marketing Investors Real Estate 68

Valcre

AUGUST 31, 2022

There are many reasons why commercial property holders may wish to refinance their mortgage - but one frequent reason is that they are looking to open up some cash flow.

Appraisal 52

Appraisal Mortgage 52

BiggerPockets

AUGUST 31, 2022

A few people have asked for my opinion on the speech Jerome Powell gave last week about the direction of Fed policy. So, here’s my take. Powell’s Speech Points to […].

61

61

Housing Wire

AUGUST 31, 2022

After two record-setting years of mortgage origination volume, the mortgage industry is contracting, sharply. Based on our read of 2021 Home Mortgage Disclosure Act (HMDA) data, we estimate that total originations volume last year was $4.4 trillion. By comparison, we are forecasting total volume of about $2.3 trillion this year, and similar levels over the next two years.

Lending 383

Lending Mortgage Real Estate Loan Officers 383

Mortgagebroker News

AUGUST 31, 2022

The federal government will support the development of thousands of new affordable housing units nationwide

Investing 68

Investing Government Development 68

San Jose Real Estate

AUGUST 31, 2022

What are typical buyer costs when purchasing a home in San Jose?

Buyers 59

Buyers Inspection Insurance 59

Mortgagebroker News

AUGUST 31, 2022

Home price growth is not proving to be an impediment to accelerated demand, market players say

Housing Market 69

Housing Market Marketing 69

Housing Wire

AUGUST 31, 2022

Freddie Mac notched record credit-risk transfer (CRT) issuances of some $15 billion during the first half of this year, protecting $358 billion in single-family mortgages. For the second quarter alone, Freddie Mac also posted record CRT issuance of $6.5 billion, protecting $151 billion in single-family mortgages. The offering totals were across the agency’s flagship Structured Agency Credit Risk (STACR) and Agency Credit Insurance Structure (ACIS) programs, along with other risk-sharing transact

Insurance 370

Insurance Investors Mortgage Design 370

Mortgagebroker News

AUGUST 31, 2022

Fewer business owners are expecting an increase in profitability or employment count over the next three months

Marketing 64

Marketing Business 64

Housing Wire

AUGUST 31, 2022

Toronto-based Tricon Residential Inc., which oversees a portfolio of more than 33,000 single-family rental homes in the United States and Canada, is once again teaming up with the Arizona State Retirement System (ASRS) to invest $500 million to build 2,500 single-family rentals in the U.S. Sun Belt. This latest deal represents the second joint venture between Tricon and ASRS.

Marketing 383

Marketing Construction Supply Chain Development 383