Housing Wire
APRIL 1, 2022
Today, the Bureau of Labor Statistics reported that the United States Of America created 431,000 jobs in March. We also had 95,000 positive revisions, and although this was a slight miss of estimates, it continues the solid trend of good job reports in 2022. On another note, I raised my third recession red flag, since the inverted yield curve happened this week.
Appraisal Buzz
APRIL 1, 2022
The U.S. economy added 431,000 jobs in March – slightly below expectations – while the unemployment rate dipped to 3.6%, according to the U.S. Bureau of Labor Statistics. Notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing. The number of unemployed persons decreased by 318,000 to 6.0 million.
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Housing Wire
APRIL 1, 2022
Maybe things are getting better? Coming off a month of strong growth in February , the U.S. jobs report released Friday again showed a solid increase in non-farm payroll jobs. A total of 431,000 non-farm payroll jobs were added in March, and employment in the construction industry is now above its pre-pandemic level, after the industry added 19,000 jobs.
Appraisal Buzz
APRIL 1, 2022
Mortgage rates are shooting up at the fastest pace in history, sending the typical monthly mortgage payment for a homebuyer up more than $500 since the beginning of this year, according to Redfin. As rates quickly approach 5%, Redfin expects their impact on homebuyer demand to change from a motivator – driving a sense of urgency to buy before rates rise further – to a deterrent, causing buyers to step back as the cost.
Housing Wire
APRIL 1, 2022
Finance of America CEO Patti Cook. In February, Finance of America CEO Patti Cook announced her retirement after a successful career in finance that spanned 45 years. HousingWire sat down with this Woman of Influence winner to find out some of the important lessons she learned along the way. HousingWire: One of your first jobs in the industry was at Salomon Brothers , starting in 1979.
Appraisal Buzz
APRIL 1, 2022
Mr. Cooper Group Inc. announced April 1 that it has completed its previously-announced agreement with Sagent Lending Technologies. The deal, which was announced in February, allows Sagent to buy certain intellectual property rights related to Mr. Cooper’s proprietary, cloud-based technology platform for mortgage servicing, and Mr. Cooper will receive an equity stake in Sagent.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Appraisal Buzz
APRIL 1, 2022
As a real estate appraiser, you strive for efficiency in your process and in your business. There are many technology tools available to make your workflow faster and smoother. However, they won’t save you as much time if you don’t learn how to maximize their capabilities. To better understand what sort of technology training and webinars would be the most useful to you, we asked appraisers, “On what appraisal software tools would you like.
Appraiserblogs
APRIL 1, 2022
The blame game against appraisers is continuing the fast and furious start, evidenced by the PAVE report. A synopsis is in the link: PAVE task force delivers plan on appraisal bias – Lexology Key info from the PAVE report. “Relevant agencies have also committed to addressing potential bias in the use of technology-based valuation tools through a rulemaking related to automated valuation models (AVMs), including the addition of a nondiscrimination quality control standard in the proposed rule.
Appraisal Buzz
APRIL 1, 2022
Mr. Cooper Group Inc. has completed its previously announced agreement with Sagent M&C LLC , d/b/a Sagent Lending Technologies. Under the terms of this transaction, Sagent purchased certain intellectual property rights related to Mr. Cooper’s proprietary, cloud-based technology platform for mortgage servicing. Mr. Cooper has received an equity stake in Sagent and appointed two directors to Sagent’s board.
Eyes on Housing
APRIL 1, 2022
Total nonfarm payroll employment increased by 431,000 in March, and the unemployment rate fell to 3.6% from 3.8%. The labor market recovery is continuing, as employment in some sectors, such as professional and business services, financial activities, and retail sectors, is now above pre-pandemic levels. Construction industry employment (both residential and non-residential) totaled 7.6 million and has returned to its.
Appraisal Buzz
APRIL 1, 2022
DS News chatted with Marissa Yaker of Padgett Law Group on how navigating loss mitigation requirements during the pandemic opened up new channels of communication for the industry. The post Servicer Collaboration in a Post-Pandemic World appeared first on DSNews. The post Servicer Collaboration in a Post-Pandemic World appeared first on Appraisal Buzz.
McKissock
APRIL 1, 2022
As a real estate appraiser, you strive for efficiency in your process and in your business. There are many technology tools available to make your workflow faster and smoother. However, they won’t save you as much time if you don’t learn how to maximize their capabilities. To better understand what sort of technology training and webinars would be the most useful to you, we asked appraisers, “On what appraisal software tools would you like additional training?
Appraisal Buzz
APRIL 1, 2022
How much consumers pay in property taxes —often referred to as real estate taxes— varies significantly and can be influenced based on the home’s worth and location. LendingTree looked at the median amount paid annually in each of the nation’s 50 largest metropolitan areas. Experts suggest homeowners in some metros can expect to shell out … The post Property Taxes: Where Americans are Paying Most appeared first on DSNews.
Mashvisor
APRIL 1, 2022
Artificial intelligence is altering the real estate market. So if you want to succeed, you should use the best real estate app available. Table of contents What Exactly Is Mashvisor?
Kairos Appraisal Services
APRIL 1, 2022
When buying a home, an appraisal contingency can serve as a safety net. If the home you want to purchase appraises for less than the price you agreed to pay, it gives you negotiating power with the seller. It also allows you to walk away from the deal without losing your deposit, should the seller… The post Understanding the Home Appraisal Contingency appeared first on Kairos.
Mashvisor
APRIL 1, 2022
Bearing in mind that some of your guests may want to bring the family pet along with them on vacation—how can you make your Airbnb pet friendly?
Mortgagebroker News
APRIL 1, 2022
Rate increases and new developments on inventory could make for an intriguing combination
Mashvisor
APRIL 1, 2022
Roofstock One offers an entirely new way to diversify your real estate investment portfolio—but is the platform all it’s cracked up to be?
BiggerPockets
APRIL 1, 2022
This week’s question comes from Channa through Ashley’s Instagram direct messages. Channa is asking: I have three rental properties and am looking to refinance them all. Should I do an […].
Mortgagebroker News
APRIL 1, 2022
A likely cooling in the market will be a welcome respite from red-hot price growth, BMO economist says
Eppraisal
APRIL 1, 2022
The world is a different place than it used to be, with crime rates increasing more and more every day. Unfortunately, this does not exclude the real estate industry. Real estate agents face risks and dangers more than ever before. In fact, in 2018, the National Association of Realtors (NAR) published the 2018 Member Safety Report/ Realtor Safety Program.
Mortgagebroker News
APRIL 1, 2022
The association promises education, resources, and connections for alternative mortgage market players
Appraisal Buzz
APRIL 1, 2022
By all available means, data, and metrics, housing prices are still soaring. The growth seen by the typical single-family home over the past two years has been blistering and surprisingly consistent and at some point, something must give way, and it seems that affordability has been the first to fall. This data comes by way … The post Survey: Economic Soundness Means Owning a Home appeared first on DSNews.
Mortgagebroker News
APRIL 1, 2022
The partnership promises to improve broker and consumer experiences
Lamacchia Realty
APRIL 1, 2022
The Real Trends 500 has released its annual list ranking the top 500 brokerages in the United States. This list uses data compiled from the previous year, 2021. Lamacchia Realty once again made the list in multiple categories! This is the fourth year in a row that the company has ranked. Lamacchia Realty was ranked 295th by Closed Transaction Sides for 2021 among the 500 largest brokerages in the United States.
Mortgagebroker News
APRIL 1, 2022
The news relates to a claim launched against the company in July last year
Mortgagebroker News
APRIL 1, 2022
CMP looks to the brokers for feedback
Mortgagebroker News
APRIL 1, 2022
New poll sheds light
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