Housing Wire
MAY 17, 2022
Orchard , which operates a home-buying and selling platform, wants to expand its customer base of first-time homebuyers by helping them to make a cash-backed offer. Buy with Orchard is the firm’s first product targeted to first-time buyers that provides home shoppers with the cash needed to compete with equity-rich homeowners and investors, the company said.
Appraisal Buzz
MAY 17, 2022
Sean McGowan has been hired as chief people officer for mortgage services firm BSI Financial Services , while Shannon Clay has joined the company as senior vice president of investor reporting. McGowan has more than 20 years of mortgage experience, having held leadership positions at Accenture, Bank of America, and Mr. Cooper. Most recently, he led Appspace, a global software company providing a workplace experience platform.
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Housing Wire
MAY 17, 2022
The rise in mortgage-related fraud over the past three years was largely due to a surge in online and mobile-only mortgage transactions. The pandemic and growing mobile channel fueled the number of fraud cases with application fraud being a key entrant point for fraudsters, a new report analyzing fraud trends suggests. Fraud costs largely came from consumers seeking to buy a new home through online and mobile transactions, according to LexisNexis Risk Solutions.
Appraisal Buzz
MAY 17, 2022
This content is password protected. To view it please enter your password below: Password: The post Protected: Appraisal Logistics Taps Green as Chief Strategy Officer appeared first on Appraisal Buzz.
Housing Wire
MAY 17, 2022
Mortgage and home equity fintech FirstClose received a $35 million investment from Lateral Investment Management on Tuesday. This is FirstClose’s first institutional equity investment round: The company has been self-funded since its founding in 2000. The fintech firm currently provides underwriting workflow automation technology, point-of-sale software, and data services for the U.S. home equity and mortgage markets.
Appraisal Buzz
MAY 17, 2022
A “luxury” home is not so much about price tag as it is about quality and customization. At its core, it’s any home that is a step above typical or even high-end traditional homes in the area. So, you don’t have to live in an area full of sprawling mansions and multi-million-dollar homes to become a luxury home appraiser. There are many reasons why appraising luxury homes is recommended for real estate appraisers.
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The Appraiser Coach
MAY 17, 2022
I have a server. It’s not the racks, the room, and the computers buzzing that you may think of when you hear about a server. It’s just a large desktop. Read More.
Appraisal Buzz
MAY 17, 2022
I have a server. It’s not the racks, the room, and the computers buzzing that you may think of when you hear about a server. It’s just a large desktop … Read More. The post When Your Server is Halfway Around the Globe… appeared first on Appraisal Buzz.
Riverfront Appraisals
MAY 17, 2022
If you’re short on time and can’t read the full blog post, here’s the easy answer: Yes! Ok, if you have a few extra minutes, read on for more information. I’m writing this post in the Spring of 2022 just when the real estate market is starting to show signs of softening. […]. The post Appraisal Blog The Realtor’s Guide to Appraisals Part 6: Can I Give Sales to an Appraiser?
Appraisal Buzz
MAY 17, 2022
DocMagic Inc. , a loan document generation, compliance support and comprehensive eMortgage services provider, is integrating Empower, Black Knight Inc. ’s loan origination system (LOS), to help automate the DocMagic document generation process for lenders and provide access to additional DocMagic services. Lenders now have access directly from Empower to DocMagic’s intelligent document generation solution, supporting compliance, data integrity and trackability.
McKissock
MAY 17, 2022
A “luxury” home is not so much about price tag as it is about quality and customization. At its core, it’s any home that is a step above typical or even high-end traditional homes in the area. So, you don’t have to live in an area full of sprawling mansions and multi-million-dollar homes to become a luxury home appraiser. There are many reasons why appraising luxury homes is recommended for real estate appraisers.
Appraisal Buzz
MAY 17, 2022
Record high home prices pushed up by record low levels has been a persistent problem over the past year or so and relief seems farfetched in the short term. To combat this, the Biden-Harris Administration has announced a plan to “ease the burden of housing costs over time, by boosting the supply of quality housing … The post President Biden Announces Housing Supply Action Plan appeared first on DSNews.
Mashvisor
MAY 17, 2022
An investor needs a reliable income calculator to make accurate projections of his or her earnings in real estate investing.
Appraisal Buzz
MAY 17, 2022
The Consumer Financial Protection Bureau (CFPB) has published a new report examining 16 large mortgage servicers responses to the COVID-19 pandemic. Collected between May and December 2021, data reveals that homeowners continue to face “significant risks and challenges” connected to working with their mortgage servicers when struggling to make payments after exiting forbearance.
Mashvisor
MAY 17, 2022
Going for one of the cheapest places to buy a home is the smartest move because it guarantees a good return on investment.
Appraisal Buzz
MAY 17, 2022
According to a new report from RentCafe, the average apartment space per person is now about 540 square feet, based on the ratio of the average apartment size to the average number of renters living in a household across the U.S. As the total apartment size has decreased throughout the past 10 years, so has … The post Apartment Space Per Renter Shrinking Nationwide appeared first on DSNews.
BiggerPockets
MAY 17, 2022
In today’s episode, you’ll get to see the third major reason why Alpha Geek Capital, Tony’s fast-scaling real estate company, is so successful. Omid Tehranirad is the third partner in the group, acting as the […].
Appraisal Buzz
MAY 17, 2022
Fise r v Inc. , a global provider of payments and financial services technology solutions, has debuted an intuitive digital mortgage lending platform. Digital Mortgage Center from Fiserv enables digital application access from a desktop, laptop or mobile device. Building on the existing capabilities of Mortgage Director, the core of the Fiserv lending ecosystem, and in collaboration with BeSmartee , a digital mortgage point-of-sale (POS) provider, the technology allows lenders to manage pipeline
Mortgagebroker News
MAY 17, 2022
Canadians have become considerably pessimistic over their economic and housing prospects, new survey reveals
Appraisal Buzz
MAY 17, 2022
HUD’s new Assistant Secretary will work to increase the Department’s internal capacity and efficiency to meet the housing needs of families and communities nationwide. The post HUD Welcomes Elizabeth de León Bhargava as Assistant Secretary for Administration appeared first on DSNews. The post HUD Welcomes Elizabeth de León Bhargava as Assistant Secretary for Administration appeared first on Appraisal Buzz.
Mortgagebroker News
MAY 17, 2022
The changing nature of the market has brought about new issues for real estate professionals of all stripes
BiggerPockets
MAY 17, 2022
If you’re a real estate investor seeking a steady income, relatively low risk, and passive cash flow, triple net leased (NNN) properties should be a focus in your portfolio. NNN […].
Mortgagebroker News
MAY 17, 2022
Recent sales slowdown a welcome break in Canada's housing fever, analysts say
Valcre
MAY 17, 2022
Advanced appraisal software, such as Valcre, offers several advantages over traditional appraisal workload and report writing processes. It will save your organization's appraisers time and effort in creating reports so that you can spend more time appraising commercial properties, among many other benefits.
Mortgagebroker News
MAY 17, 2022
Some observers are sounding the alarm while others remain calm
Housing Wire
MAY 17, 2022
The rise in mortgage-related fraud over the past three years was largely due to a surge in online and mobile-only mortgage transactions. The pandemic and growing mobile channel fueled the number of fraud cases with application fraud being a key entrant point for fraudsters, a new report analyzing fraud trends suggests. Fraud costs largely came from consumers seeking to buy a new home through online and mobile transactions, according to LexisNexis Risk Solutions.
Mortgagebroker News
MAY 17, 2022
Mortgages plummet despite government efforts to stem the impact of Western sanctions
The Robert Weiler Company
MAY 17, 2022
Commercial real estate investing is a big decision. No one ever said it was for the risk-averse; that’s for sure! Fortunately, commercial rental properties for sale typically offer a great return on investment over the long haul. You just need to know where to begin and how to find commercial space. Below, we’ve outlined four effective steps to uncover a profitable commercial rental property available on the market.
Mortgagebroker News
MAY 17, 2022
A mortgage service provider can only maximize its offerings through innovation
Eyes on Housing
MAY 17, 2022
In a sign that the housing market is now slowing, builder confidence took a steep drop in May as growing affordability challenges in the form of rapidly rising interest rates, double-digit price increases for material costs and ongoing home price appreciation are taking a toll on buyer demand. Builder confidence in the market for newly built single-family homes fell eight.
Mortgagebroker News
MAY 17, 2022
Transaction amounts to more than 65% of FLC's issued and outstanding shares
Appraisal Buzz
MAY 17, 2022
Driven mainly by the pandemic and subsequent demand for detached single-family homes, the U.S. homeownership rate jumped to 65.5% in 2020, an increase of 1.3% compared with 2019, according to data from the National Association of Realtors (NAR). However, the homeownership rate for Black Americans actually fell to 43.4% – down from 44.2% in 2010.
Will Springer Realtor
MAY 17, 2022
Seattle – its people, places and things – offers a rich history of caring and nurturing. No better example of that is the city’s community garden program simply known as P-Patch. Here is the story about its beginnings, growth and impact across this great city. Take yourself back to 1970. Protesters urged America to make love not war, the breakup of The Beatles shocked the world and Earth Day was observed for the first time.
Eppraisal
MAY 17, 2022
If you are a buyer in today’s market, it may seem like an uphill battle for you. It’s been a seller’s market for quite some time now. This is mainly due to the lack of inventory of homes for sale and that home values are rising. Many buyers lose out on homes they put offers on more than once before finally having an offer accepted.
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