Tue.Mar 08, 2022

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Layoffs, again: Better.com to ax 3,000 employees

Housing Wire

Pink slips will arrive for 3,000 employees of Better.com, the mortgage lender that received a mountain of bad press three months ago when its CEO, Vishal Garg, fired 900 workers via Zoom and chastised their work ethic to remaining employees. . The new round of layoffs reaches 35% of Better.com’s staff and hits workers in the United States and in India, according to a person familiar with the lender’s decision.

Insurance 458
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Freakish home price growth so far in 2022

Sacramento Appraisal Blog

Freakish price growth? Yes. That’s exactly what we’ve been seeing. Here we are again with what feels like a carbon copy of last year, which was our most aggressive market ever. In short, 2022 is doing its best to crush 2021. Let’s talk stats and perspective. I’d love to hear your take. UPCOMING PUBLIC SPEAKING […].

Marketing 405
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HousingWire March Demo Day: BeSmartee

Housing Wire

RealDeals. With BeSmartee RealDeals, lenders can facilitate enhanced collaboration between borrowers, loan officers, realtors and other external agents for successful real estate transactions. Now, from within the RealDeals portal, preferred agents can track the borrower’s status, manage documents — such as uploading purchase agreements and downloading conditional approval letters — for faster closings.

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Russian Homebuyers Have Minimal Impact on U.S. Market

Appraisal Buzz

Russia has been in the headlines a lot lately and for good reason—whether you call it a “conflict” or “military offensive” an “invasion” or “war,” Russia’s recent actions are having global consequences. Seemingly every hour, news comes out about another government or company that is closing up operations in Russia as a show of solidarity … The post Russian Homebuyers Have Minimal Impact on U.S.

Marketing 195
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What opportunities do lenders miss out on by not focusing on credit?

Housing Wire

With industry loan volumes already falling, lenders are looking for ways to reach their growth goals. HousingWire recently spoke to Mike Darne, Vice President of Marketing for CreditXpert, who said focusing first on the borrower’s credit holds the key to winning business that other lenders won’t even see. HousingWire: What opportunities do lenders miss out on by not focusing on credit, especially early in the mortgage origination cycle?

Finance 396
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D.C. Experiences Largest Population Decline in U.S.

Appraisal Buzz

According to National Van Line’s Domestic Migration Report released Feb. 15, the Northeast showed the slowest population growth between 2010 and 2021—up only 1.8 million from 2010. The report also shows that two of the three biggest declines in population are along the East Coast of the US. Between Jul. 1, 2020, and Jul. 1, … The post D.C.

Appraisal 195

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Protected: Valuation Connect is Seeking Newly Licensed Appraisers

Appraisal Buzz

This content is password protected. To view it please enter your password below: Password: The post Protected: Valuation Connect is Seeking Newly Licensed Appraisers appeared first on Appraisal Buzz.

Valuation 195
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Nominations for the 2022 Marketing Leaders are open!

Housing Wire

In its second year, HousingWire’s Marketing Leaders award is honoring the most creative and influential marketing minds of the housing economy. Eligible nominees include CMOs (or equivalent title) in mortgage lending, servicing and real estate. We’re looking for the best-of-the-best marketing execs who demonstrate leadership by continuously growing, leading and motivating high-performing marketing teams.

Marketing 384
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Fannie Mae and Freddie Mac Desktop Appraisals: Your Questions Answered

Appraisal Buzz

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession. McKissock does not endorse any position regarding whether appraisers should accept or reject desktop appraisal assignments.

Appraisal 195
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HousingWire March Demo Day: IDS

Housing Wire

Solitude Solution : eVault. Solitude Solution contains the complete suite of IDS eClosing services: eSign, eNote, eVault, and RON. Fully integrated with idsDoc , our proprietary eVault securely stores completed eNotes and facilitates ongoing document deliveries and transfers. IDS eVault is integrated with MERS so that all transactions are recorded in the eRegistry.

Mortgage 384
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Your Virtual Assistant is a Person, Too!

The Appraiser Coach

People are people. Whether you’re from a small town in South Dakota, a big city in Europe, or living in a mud hut in Africa, we all have at least. Read More.

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HousingWire March Demo Day: FileInvite

Housing Wire

FileInvite. Manage more loan applications, and close them faster with automated document collection. FileInvite helps borrowers provide brokers and banks with all the information they need to close loans faster. Our intuitive system lets teams and leadership gain visibility over their document pipeline and ensures a seamless – and secure – client experience.

Clients 305
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PHH Mortgage Partners With the NAACP to Assist Struggling Homeowners

Appraisal Buzz

Joining forces on more than 50 events, the NAACP and mortgage servicer to host virtual and live outreach sessions to help homeowners in need. The post PHH Mortgage Partners With the NAACP to Assist Struggling Homeowners appeared first on DSNews. The post PHH Mortgage Partners With the NAACP to Assist Struggling Homeowners appeared first on Appraisal Buzz.

Mortgage 170
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HousingWire March Demo Day: Avanze Tech Labs

Housing Wire

MAX. MAX is a work-flow based document management platform which enables seamless preparation and recording for mortgage documents including, but not limited to lien releases, assignments of mortgage, etc. The product aim is to provide a fully-configurable and flexible SaaS solution for simple implementation and ease-of-use to manage multi-state document preparation, review and recording while reducing cost and increasing efficiency.

Mortgage 293
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Pete Pannes: Servicers Must be Prepared as CFPB Ramps Up Enforcement

Appraisal Buzz

PERSON OF THE WEEK: Mortgage servicers handling loans in COVID-19 forbearance plans are under close scrutiny by the Consumer Financial Protection Bureau and other regulatory bodies to ensure that loss mitigation activities give borrowers every opportunity possible to stay in their homes. And, in order to not draw additional scrutiny, servicers must deliver flawless customer service to borrowers in forbearance plans, so as to not draw complaints that will get them “red flagged” by.

Appraisal 150
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Happy International Women’s Day to Women Appraisers!

DW Slater Company

What is International Women’s Day? Today is International Women’s Day! This day was founded in 1910. It was Clara Zetkin, an advocate for women’s rights, suggested the creation of an international women’s day. This idea was shared at the International Conference of Working Women in Copenhagen in 1910 – and the 100 women there, from 17 countries, agreed to it unanimously.

Appraisal 165
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Your Virtual Assistant is a Person, Too!

Appraisal Buzz

People are people. Whether you’re from a small town in South Dakota, a big city in Europe, or living in a mud hut in Africa, we all have at least … Read More. The post Your Virtual Assistant is a Person, Too! appeared first on Appraisal Buzz.

Appraisal 150
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5 Reasons Real Estate Professionals Have the Best Job Satisfaction

McKissock

Real estate agents have some of the highest scores in job satisfaction out of workers across America. It might not feel like that when you’re working a 12 hour day just trying to get through all of the tasks on your plate, but it’s true: real estate agents are reportedly 17% more satisfied in their careers than workers in other professions, according to research by the Conference Board.

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Mortgage Delinquency Rate Falls to 20-Year Low

Appraisal Buzz

Improvements in the employment sector, combined with a rise in home prices, drove delinquency and foreclosure rates to levels last seen more than two decades ago. The post Mortgage Delinquency Rate Falls to 20-Year Low appeared first on DSNews. The post Mortgage Delinquency Rate Falls to 20-Year Low appeared first on Appraisal Buzz.

Mortgage 150
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The Top Digital Forms for Property Management

GoForrmz

Digitize your rental property forms with GoFormz and experience the benefits of streamlined collaboration, enhanced communication, and increased client satisfaction Property management firms have lots of responsibilities. From determining competitive rent prices to screening tenants and properly maintaining properties, these critical items can get backed up easily if daily operations aren’t efficient.

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The Exchange: Forcing Change in a New Era

Appraisal Buzz

Five Star FORCE Advisory Council Chair Jim Hastings and Vice Chairman Steven Pagano share their thoughts and insight on the state of the industry and how FORCE members are sharing their tips and talents for the greater good. The post The Exchange: Forcing Change in a New Era appeared first on DSNews. The post The Exchange: Forcing Change in a New Era appeared first on Appraisal Buzz.

Appraisal 150
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Fannie Mae and Freddie Mac Desktop Appraisals: Your Questions Answered

McKissock

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession. McKissock does not endorse any position regarding whether appraisers should accept or reject desktop appraisal assignments.

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The Balestracci Group Joins Forces with Lamacchia Realty

Lamacchia Realty

Tuesday, March 8 th – Lamacchia Realty announced today that top Worcester County Team, The Balestracci Group , consisting of top producing REALTORS®, leader Mark Balestracci , Elissa Comeau , Matthew Jette , and the team’s Transaction Coordinator/Admin, Shannon Nolin have joined Lamacchia Realty! As one of the top teams in Massachusetts and throughout Worcester County, this team brings with them many years of industry experience and expertise and they will make an incredible addition to the Worc

Realty 73
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Why Investing in Real Estate Post-COVID Is Still a Good Idea

BiggerPockets

While it's not entirely clear what will happen to the real estate market post-pandemic, the good news is that investing in real estate post-COVID will almost certainly be a good idea. Here's why that is.

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The Top 10 PropertyRadar Competitors and Alternatives

Mashvisor

PropertyRadar is considered one of the key players in the real estate data software industry, but are there qualified PropertyRadar competitors out there? How do they compare?

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"Encouraging" signs for GTA market: RE/MAX president

Mortgagebroker News

The company has launched its Quarter Century Market Report, shining a light on Toronto’s scorching real estate market

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The Complete Guide to Accessing Airbnb Rental Statistics in 2022

Mashvisor

Understanding Airbnb rental statistics is crucial in every Airbnb investor’s success. Mashvisor offers the right tools to help you get started.

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New partnership aims to foster commercial broking

Mortgagebroker News

Recently launched platform offers proprietary access and training for mortgage agents

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Rental Property Calculator: What Is It For?

Mashvisor

Investing in real estate remains one of the more profitable businesses, especially in the US market.

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Rookie Podcast 163: Using Short-Term Rentals & House Hacks to Become Financially Free in 2 Years w/ Andrew Bresee

BiggerPockets

Despite what most people would like to think, success has no timeline. There will be some “perfect” opportunities that don’t work out, which is why you must persist. You can […].

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Allied Properties announces major urban office acquisitions

Mortgagebroker News

The high-value commercial properties are located in Montreal, Toronto, and Vancouver

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To Solar or Not to Solar

Eppraisal

Clean and renewable energy is all the rage these days. It excites the imagination that we will be able to manufacture products; heat homes and buildings; drive trucks and automobiles; and even shoot rockets into space with power that is ample, abundant and in no way toxic to the atmosphere. Biofuels, wind and hydropower are among the means studied and applied.

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CMHC launches latest multi-unit insurance offering

Mortgagebroker News

The new product incentivizes rental supply preservation and creation, it says

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20 Resources for People Moving to the Seattle Area

Will Springer Realtor

Whether you’re planning a move to Seattle/King County or have just settled into our area, there may be a few aspects of living in the Pacific Northwest that may have been omitted. Sure, you may have friends here who will give you tips on trendy hair salons, inexpensive restaurants or bohemian coffee shops. But did they tell you how to get your driver’s license, register to vote or where to find a good deep-dish pizza?