Housing Wire
MARCH 15, 2021
I hear a lot of chatter about a boom in cash-out refinances, and the presumption seems to be that this is destined to wreak havoc on the housing market and the economy at some point. Cash-out loans have been growing over the past few years and it is also true that we have a recent history of excessive equity extraction factoring in a bust in housing.
Appraiserblogs
MARCH 15, 2021
FTC vs LREAB Update The Supreme Court has denied the Louisiana Real Estate Appraisers Board’s petition to intervene in the administrative case for price fixing by the FTC. The FTC trial is scheduled to proceed on April 20, 2021. VaCAP is closely following this case and will update you as it proceeds. To view all the activity for this case, go to the FTC’s webpage here.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MARCH 15, 2021
Zillow is the elephant in the room, and Mynor Herrera doesn’t know whether to feed it, ignore it, or find a mouse. Herrera at first felt he needed to work with Zillow, and he sent a check to the company each month in exchange for leads. But the head of Mynor & Associates , a Keller Williams affiliate in Bethesda, Maryland, grew frustrated. “We used to attribute 25% of our business to Zillow,” Herrera said.
Valuation Review
MARCH 15, 2021
The Appraisal Foundation sent out an announcement on Feb. 19 declaring the Appraisal Standards Board decided the current edition of the Uniform Standards of Professional Appraisal Practice will be extended by one year. The American Society of Appraisers posted an announcement on its website to clarify matters for appraisers. Read on to learn more.
Housing Wire
MARCH 15, 2021
The industry is now less than two weeks away from the one-year anniversary of the CARES Act, which provided borrowers with federally backed mortgages the option to receive forbearance for up to 180 days. After many extensions and exits, the Mortgage Bankers Association estimates 2.6 million homeowners are still in some form of forbearance, though that number continues to slowly fall.
Valuation Review
MARCH 15, 2021
The Credit Union National Association (CUNA) recently submitted two comment letters to the Federal Housing Finance Agency, one dealing with Fannie and Freddie’s appraisal policies and the other pertaining to the GSE’s housing goals. Read on for more comments from CUNA on these appraisal matters.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Valuation Review
MARCH 15, 2021
There is more commercial firm expansion. Valbridge Property Advisors, the largest independent commercial property valuation and advisory services firm in the U.S., opened its 80th U.S. location on Jan. 1 in San Luis Obispo, Calif., as part of Valbridge Property Advisors/Central California. Read on to learn more.
Housing Wire
MARCH 15, 2021
Before Thursday, March 4, John was an unabashed fan of United Wholesale Mortgage. His West Coast brokerage shop sent tens of millions of dollars in loans to the wholesale mortgage giant in recent years. He loved their turn times, found their pricing to be competitive, and had good things to say about his account executive. He also believes UWM President and CEO Mat Ishbia is sincere when he says the ultimatum was issued to protect the broker channel from existential threats , specifically from R
Valuation Review
MARCH 15, 2021
The COVID-19 vaccine is likely to add more buyers and sellers to an already hot real estate market, according to a survey from Zillow. The survey found a large majority (70 percent) of homeowners saying they would be comfortable moving to a new home after widespread COVID-19 vaccine distribution. Read on for more survey numbers from Zillow.
Housing Wire
MARCH 15, 2021
Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. Subject to closing conditions, Blend anticipates to finish the deal by the end of the second quarter in 2021, leaving nearly 10% ownership interest to Mr.
Valuation Review
MARCH 15, 2021
What should appraisers be thinking about a year after the pandemic? Valuation Review shares additional thoughts from Dustin Harris, “The Appraiser Coach,” who recently outlined in one of his blogs where the appraisal profession stands overall, and where it can go from here. Read on for more.
BiggerPockets
MARCH 15, 2021
Data can be a confusing topic for most people, but what about when it has to do with your business? How is your business using data? Are you even using […].
Eppraisal
MARCH 15, 2021
After a year of the COVID-19 pandemic, public attitudes toward viral and bacterial infections have been altered forever. The ease with which the novel coronavirus is transmitted -- not to mention its fatal effects in half a million cases -- has conveyed a whole new appreciation for personal and household hygiene. The very fact that COVID is transmitted by asymptomatic carriers, many of whom are unaware of their epidemiological status, intensifies this concern.
BiggerPockets
MARCH 15, 2021
Use these tips to find a property manager you love and can partner with to grow your multifamily investment into a cash-flowing machine.
Housing Wire
MARCH 15, 2021
A new Redfin report details how Americans – many of whom are people of color – living in formerly redlined neighborhoods are more likely to see their homes jeopardized by water damage. According to Redfin, $107 billion worth of homes are currently at high risk of flooding in parts of the country that were designated “undesirable for mortgage lending” under the former practice known as redlining – a 1930s practice where lenders refused to lend money or extend credit to borrowers
REX Real Estate
MARCH 15, 2021
Congratulations on your new addition!
The Robert Weiler Company
MARCH 15, 2021
With spring around the corner and signs of improvement for the pandemic, a feeling of rebirth is in the air across Ohio. But for up-and-coming neighborhoods with a special purpose property or unique properties for sale, the soon-to-be bloom time might as well be called boom time. Something “special” is taking place in neighborhoods throughout the Columbus region.
CA Realty Training
MARCH 15, 2021
By Karen D. Friedman | 03.15.21. The MLS stands for the Multiple Listing Service. It is an online database used by agents and was created to provide information on real estate properties. In essence, it provides agents with an inventory of properties. Did you know the MLS is not limited to residential listings? It provides information on all types of properties such as income, businesses, land and rentals.
Valuation Review
MARCH 15, 2021
Freddie Mac’s Single-Family business recently said its Credit Risk Transfer program transferred credit risk via $4.8 billion of issuance on $167.2 billion of single-family mortgages from U.S. taxpayers to the private sector in the fourth quarter of 2020. Fannie Mae added more updates to its Lender Letter (LL-2021-04). Read on for more details.
Housing Wire
MARCH 15, 2021
Brian Brooks, former acting head of the U.S. Office of the Comptroller of the Currency , has joined the board of Spring Labs , a startup tech provider for cryptocurrencies and blockchain. This is not the first dip Brooks has taken in the cryptocurrency pool, having been a founding adviser to Spring Labs from 2018 to 2020 as well as the chief legal officer at Coinbase , one of the world’s largest digital currency exchanges, for nearly the same timespan.
BiggerPockets
MARCH 15, 2021
Is it better to invest in single family or multifamily rental properties? There are passionate advocates for both of these types of properties. How do they really stack up? What are pros and cons of each option?
Expert insights. Personalized for you.
543 
Let's personalize your content