Housing Wire

SEPTEMBER 1, 2022

Arizona-based mortgage lender Suburban Mortgage Inc. ’s website is down and employees’ emails are disabled, indicating that the company apparently shut down its operations and laid off its employees. HousingWire reached out to representatives for the company, but they did not respond to requests for comments. A former employee told HousingWire that executives sent an email on Friday morning informing them about the decision to cease operations by 4:30 PM that day.

Mortgage 383

Mortgage Loan Officers Insurance 383

Appraisal Buzz

SEPTEMBER 1, 2022

Realtor.com’s latest housing data release for August reveals that listing prices decelerated for the third month in a row, as more sellers hit pause on listing homes and homes for sale spent more time on the market than last August. While fewer new listings are entering the market, overall inventory continues to grow, providing more … The post Market Trends: More Sellers Become Hesitant to List Homes appeared first on DSNews.

Sellers 195

Sellers Marketing New Listings Inventory 195

Housing Wire

SEPTEMBER 1, 2022

Rocket Pro TPO is diversifying its product portfolio by offering home equity loans to brokers by mid-September amid increased competition in the wholesale channel. The move follows Rocket Mortgage ‘s roll out of home equity loans in August as the firm tries to capitalize on Americans’ strong home equity positions. . With the Rocket Pro TPO product, homeowners can access to up to $350,000 of their home’s equity in a 10- or 20-year fixed-rate loan with a loan-to-value ratio of up to 90%, the

Home Value 370

Home Value Mortgage Lending Investing 370

Appraisal Buzz

SEPTEMBER 1, 2022

Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson has declared that a top-down review of the agency will begin later this year in order to make sure the Federal Home Loan Banks are positioned to meet the needs of the public not just in the short term, but for years to come. “FHFA plays … The post Director Thompson Announces Agency Review appeared first on DSNews.

Finance 150

Finance Appraisal 150

Housing Wire

SEPTEMBER 1, 2022

Expectations of a continuing aggressive monetary policy led mortgage rates to increase 11 basis points this week, according to the latest survey from Freddie Mac. The 30-year fixed-rate mortgage rose to an average of 5.66%, up from last week’s 5.55%. A year ago this time, rates averaged 2.87%. The index compiles only purchase mortgage rates reported by lenders during the past three days.

Mortgage 370

Mortgage Sellers Housing Market Marketing 370

Appraisal Buzz

SEPTEMBER 1, 2022

A study by the Federal Reserve Bank of Philadelphia found young adults who experienced a foreclosure-induced tendency to seek credit at a higher rate, and delinquency and low credit scores are also more pronounced in the group of adolescents who were between the ages of 10 and 14 at the time of foreclosure. The bank … The post Report: Children Exposed to Foreclosures Experience Delinquency, High Credit Use appeared first on DSNews.

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Appraisal 150

Appraisal Buzz

SEPTEMBER 1, 2022

Part of the annual Five Star Conference & Expo, this year’s Servicing & Compliance Lab will include insights from representatives of CFPB, FHFA, Fannie Mae, and Freddie Mac alongside servicing execs and other subject-matter experts. The post Servicing & Compliance Lab to Showcase Servicer, Government Experts appeared first on DSNews. The post Servicing & Compliance Lab to Showcase Servicer, Government Experts appeared first on Appraisal Buzz.

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Government Appraisal 150

Eyes on Housing

SEPTEMBER 1, 2022

Private residential construction spending declined further in July, as rising mortgage rates and elevated construction costs put a damper on the market. It fell 1.5% in July, down for the second straight month, according to NAHB’s analysis of the Census Construction Spending data. Private residential construction spending was 14.1% higher year-over-year.

Construction 152

Construction Mortgage Marketing 152

Empire Appraisal Group

SEPTEMBER 1, 2022

Calif. vs. Fla. in Fight for ‘Digital Nomads’. If permanent work-from-home employees can move wherever they want, where do they go? According to Airbnb, Fla. is one of the top two destinations. NEW YORK – Some U.S. workers never have to go back to the office after their temporary remote work during COVID-19 lockdowns became permanent. And many are embracing the ability to work from anywhere, booking spaces across the country to use as temporary offices and homes.

Appraisal 78

Appraisal 78

GoForrmz

SEPTEMBER 1, 2022

Why employee engagement is key to a company’s success The importance of employee engagement cannot be overstated. High employee engagement has been proven to reduce employee turnover, improve productivity, and deliver higher profits. Engaged employees also show greater commitment to a company’s values and goals. For the modern workforce, an engaging work environment is expected.

Human Resources 78

Human Resources Tools Project Management Modernization 78

Clear Capital

SEPTEMBER 1, 2022

Follow ClearCast on LinkedIn , Twitter , Facebook , and Instagram. EPISODE SUMMARY. Kenon and Jeff discuss the record-high number of unsold homes under construction, and increasing numbers of homes on the market for longer than 30 days. Then, they sit down with Brock Cassidy , Vice President of Partnerships at EasyKnock , to discover how EasyKnock is helping homeowners consolidate their debt, achieve their financial goals, and stay in their homes.

Construction 69

Construction Marketing 69

Lamacchia Realty

SEPTEMBER 1, 2022

Thursday, Sept 1, 2022 – Effective today the Company’s new Commitment to Success agreement is a requirement for all new and newer licensed agents who join Lamacchia Realty. This was announced by the Company’s Chief Operating Officer Jackie Louh on August 10 th at the monthly companywide updates meeting. This Commitment to Success agreement clearly outlines what the expectations are for new(er) licensees who join Lamacchia Realty.

Realty 67

Realty Realtors Training Agents 67

Mashvisor

SEPTEMBER 1, 2022

Someday, you won’t be able to find cheap rental properties for sale under one million dollars, but, luckily for you, that day is not today.

Investing 69

Investing Investors Real Estate 69

Hank Miller Team

SEPTEMBER 1, 2022

Properly priced homes still command attention despite the ongoing Atlanta area housing market adjustment. The data into the 3rd Qtr of 2022 will show the pull back and move toward a balanced market, but as with everything real estate related, the devil is in the details. At the macro level, buyer activity slowed, days on market increased, months of inventory increased and the general balance of power is moving from sellers to a neutral position.

Sellers 52

Sellers Buyers Real Estate Marketing 52

BiggerPockets

SEPTEMBER 1, 2022

A “dead” real estate deal happens more than you’d think. Somewhere along the line, a buyer, seller, agent, or investor gives up. Either there’s not enough money, time, or patience […].

Investors 55

Investors Real Estate Sellers Agents 55

Mortgagebroker News

SEPTEMBER 1, 2022

The bank saw a substantial increase in its provisions for bad loans during the quarter

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Housing Wire

SEPTEMBER 1, 2022

It’s becoming clear that the settlement services industry, long reluctant to adopt new technology, is finally moving in the direction of comprehensive automation. For an industry where processes, clientele and compliance requirements vary dramatically from state to state or even county to county, this is great news. That lack of national uniformity means that manual processes, “stare and compare” tasks and data entry — one keystroke at a time — continue to be done by hand to the detriment of pro

Technology 395

Technology Clients Agents Loan Officers 395

Mortgagebroker News

SEPTEMBER 1, 2022

"During times of uncertainty, people tend to want more communication, not less"

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Clear Capital

SEPTEMBER 1, 2022

The August 2022 Home Data Index (HDI ) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 7.4 percent. Download the report , or read it below. Commentary by Brent Nyitray of The Daily Tearsheet. Home price appreciation cooled markedly in August as the Clear Capital Home Data Index rose 7.4% quarter-over-quarter (QoQ) and 16.7% on a year-over-year (YoY) basis.

Marketing 69

Marketing Real Estate Mortgage Realtors 69

Mortgagebroker News

SEPTEMBER 1, 2022

The transaction was valued at more than $16 million

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Mortgagebroker News

SEPTEMBER 1, 2022

StatCan reveals the latest

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