Wed.Mar 24, 2021

article thumbnail

Mortgage applications dip as home prices climb

Housing Wire

Mortgage applications decreased for the third straight week – this time down 2.5%, according to the latest report from the Mortgage Bankers Association. Refinance activity dropped to its slowest pace since September 2020 – down a full 5% – with declines in both conventional and government applications, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting.

Mortgage 475
article thumbnail

The American Dream and Bias in Loans?

George Dell

Is there bias in the American Dream? Do we need a “loan conditions” adjustment? Read Part 2 here. Loan conditions have nothing to do with ‘financing’ adjustments as we know them! One is local. The other is global. So how might loan conditions affect “market value”? Financing conditions are often related to motivation in sale […]. The post The American Dream and Bias in Loans?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Gateway hires Nick Hahn as chief financial officer

Housing Wire

Nicholas Hahn. Nicholas Hahn announced as Gateway First Bank’s new chief financial officer. In his new role, Hahn will oversee the company’s financial and accounting functions such as financial reporting, budgeting, funding and asset liability management. Hahn has more than 35 years of experience in the finance industry, holding various executive positions in the industry prior to joining Gateway.

Design 407
article thumbnail

How to Create Winning Real Estate Webinars

McKissock

If you know how to use it, the Internet can be a great way to develop new leads. There are many ways you can use online tools to build your list, and that includes real estate webinars. According to most Internet marketers , webinars work. And they work for businesses of all types. They work because not only do they help establish you as a leader in your category, but they provide a way to grow your list.

article thumbnail

Fairway breaks silence on UWM’s ultimatum

Housing Wire

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. In a conversation with HousingWire on Monday night, company executives said they’ve actually benefited from the ultimatum, which has divided the broker community into two camps.

article thumbnail

Pretium names president and CEO

Valuation Review

Pretium, a specialized investment management company focused on real estate, mortgage finance and corporate credit, announced John Keratsis will succeed Matt Nichols as president and CEO of its Deephaven mortgage platform. Read on to learn more.

More Trending

article thumbnail

Mortgage Connect appoints executive

Valuation Review

Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, servicers and GSEs, recently appointed capital markets veteran Brian Frye executive vice president, servicing and capital markets strategy. Read on for more about this appointment.

article thumbnail

LoanDepot launches JV with another homebuilder

Housing Wire

LoanDepot , the nation’s second-largest nonbank retail mortgage lender, struck up a joint-venture with Schell Brothers , a homebuilder based in Delaware. The venture is to be called Henlopen Mortgage , the firms said in a statement this week. Through the JV, Schell Brothers, which builds energy-efficient homes along the beaches of Delaware and in Virginia, will have access to loanDepot’s “mello” lending platform. “Henlopen Mortgage helps homebuyers achieve their dre

article thumbnail

CoreLogic HPI for January reaches double digits in appreciation

Valuation Review

CoreLogic released its Home Price Index and HPI Forecast for January 2021. CoreLogic President and CEO Frank Martel noted record-low mortgage rates as significant. Read on to learn more.

article thumbnail

Don’t Invest Without Understanding the Risks — Here’s What You Need to Know

BiggerPockets

“Step right up! Come one, come all! Today we’re offering an opportunity to quadruple your money!” Would you take this deal? After all, who wouldn’t want a 300% profit on […].

article thumbnail

Technology and the commercial appraiser

Valuation Review

Now more than ever, appraisers need to take full advantage of technology opportunities within the industry. Valuation Review gets more thoughts from a company who speaks to those advantages for the commercial appraiser. Read on for more.

article thumbnail

BiggerPockets Podcast 454: Retiring in 2 years Through “Aggressive” Rental Property Investing with Rachel Richards

BiggerPockets

Retiring via passive income is why most people get into real estate, but rarely does someone accomplish that goal within just two years! Rachel Richards, real estate investor, agent, and […].

article thumbnail

JLL panel discusses changes in senior living with vaccine rollout

Valuation Review

After a very long and difficult year dealing with COVID-19, the news that vaccines are now available has brought hope for many individuals, as well as a rise in economy confidence. Valuation Review spoke to a panel of commercial real estate experts from the JLL Seniors Housing Valuation Advisory team regarding the notion that buyers and sellers may be seeing things differently now.

article thumbnail

Homeowner Tips for Spring

Eppraisal

Now that spring is here (or near) in many parts of the country, it's time to start thinking about a spring tune-up for the interior and exterior of your home. As the saying goes, "An ounce of prevention is worth a pound of cure." If you follow these tips every spring, you'll be sure to help prevent expensive repairs needed in and around your home. In addition, you'll be keeping your home value up.

article thumbnail

Veros adds vice president

Valuation Review

Veros Real Estate Solutions announced that Sarah Acosta has joined the company as vice president, product and data operations. Read on to learn more.

article thumbnail

There’s a Better Way to Save For Your Kid’s College: Real Estate

BiggerPockets

Ready to start saving for college? Consider skipping the 529 and putting real estate to work for you—and your child's future.

article thumbnail

MBA seeks clarity on GSE investment property policies

Housing Wire

The Mortgage Bankers Association on Tuesday sent a letter to Treasury Secretary Janet Yellen and Federal Housing Finance Agency Director Mark Calabria expressing concern over several amendments to the Senior Preferred Stock Purchase Agreements announced in January , including changes to investment properties. The MBA said several of the revised PSPA amendments could cause “unnecessary disruptions in the housing finance system,” and asked for a meeting to cover these topics.

Investing 395
article thumbnail

Celebrate Central Ohio Real Estate During Fair Housing Month [2021]

The Robert Weiler Company

Did you know that all across the nation and in the Central Ohio real estate community, April is known as Fair Housing Month? A commitment to equal opportunity for every community, this year marks the 53rd anniversary of the landmark celebration. Each year, we recognize the importance of this event and reconfirm our commitment to upholding fair housing laws through our property management services; we accomplish this through our commitment to offering equal CRE services to everyone throughout the

article thumbnail

Why lenders need to revisit their quality control

Housing Wire

Residential lending professionals today are being tasked to weather one storm after another. Between the complications brought on by the COVID-19 pandemic, the recent avalanche of volumes in this refinance market and changing leadership in the White House, lenders should anticipate an increased focus on compliance in 2021. “One of the unique aspects of the mortgage industry is the cyclical nature of origination volumes and the ebb and flow of process improvements.

Tools 383