Housing Wire
SEPTEMBER 6, 2022
Depository bank Citi has trimmed staffing levels in its mortgage business, following surging rates and a reorganization of its operations. . “Citi has made a small number of staffing reductions within our mortgage team due to internal streamlining of functions,” a spokesperson said in a statement. Bloomberg News first reported on the layoffs and reported that fewer than 100 jobs were cut. .
The Appraiser Coach
SEPTEMBER 6, 2022
A couple years ago, I went out and bought a new camping trailer. This trailer, like many other recreational 5th wheels, has a battery that powers it. But this battery. Read More.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
SEPTEMBER 6, 2022
Marketing is a quickly evolving field, especially in the housing market. “The Future of Marketing” panel, which includes Rick Webster, chief marketing officer at Lender Price , will take a deep dive into industry trends and the marketing advancements that everyone can look forward to. Below, Webster talks with HousingWire to share his excitement for HW Annual, and some of the topics he expects to learn more about at the Marketing Leaders Success Summit.
Appraisal Buzz
SEPTEMBER 6, 2022
The latest Mortgage Default Index (MMDI) published by Milliman, Inc., showed that mortgage risk rate continues to increase in the second quarter of 2022 with heavy cash-out refinance volumes weighing on the market. According to Milliman, the default risk for loans from Fannie Mae and Freddie Mac (the GSEs) acquisitions increased at a rate of … The post Riskier Cash-Out Refis Dominate Market, Increasing Risk Level appeared first on DSNews.
McKissock
SEPTEMBER 6, 2022
When it comes to making money as a real estate agent, obtaining referrals can be one of the most profitable parts of your job. Mastering the art of nurturing previous client relationships is crucial to obtaining referral business and long-term success in the real estate industry; however, many agents aren’t taking advantage of prime referral-generating time: the weekend.
Appraisal Buzz
SEPTEMBER 6, 2022
Appraisers Can Complete Virtual Inspections Independently, Be Their Own Bosses, and Prepare for a Digital Future. CHARLOTTE, N.C. — September 6, 2022 — To give appraisers a new advantage as they compete for jobs, start and build their own businesses, and prepare for a digital future, Incenter Appraisal Management is making its RemoteVal remote/desktop appraisal technology available on a self-serve basis.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Appraisal Buzz
SEPTEMBER 6, 2022
Appraisers have been dealing with Reconsideration of Value (ROV) requests from clients for decades. However, in the past couple of years, the industry has experienced a significant increase in the number of ROV requests as well as the sources of the requests. This appears to be due, in large part, to the unprecedented upward price trending in virtually all real estate markets around the country and the challenges appraisers face when developing opinions of.
Kairos Appraisal Services
SEPTEMBER 6, 2022
Seller concessions are costs the seller agrees to cover for the buyer’s closing fees on a home purchase. As purchasing a home is a big financial investment, negotiating seller concessions can help homebuyers with closing costs, which typically amount to 3% or less of the purchase price and are paid out of pocket by the… The post How Seller Concessions Impact a Home’s Appraised Value appeared first on Kairos.
Appraisal Buzz
SEPTEMBER 6, 2022
The U.S. Department of Housing and Urban Development (HUD) has today published Fair Market Rents (FMRs) for Fiscal Year 2023. FMRs, published annually, are an estimate of the amount of money that would cover gross rents (rent and utility expenses) on 40 percent of the rental housing units in an area. Nationally, FMRs will increase … The post HUD Releases FMRs for Fiscal Year 2023 appeared first on DSNews.
Mashvisor
SEPTEMBER 6, 2022
Short term rentals are in demand. So, investors are buying short term rental properties for sale because of the thriving vacation rental market.
Appraisal Buzz
SEPTEMBER 6, 2022
The latest iteration of CoreLogic’s Home Price Index (HPI) for July 2022 showed the annual home price growth rate slowed for the third consecutive month in July yet remained in an elevated state at 15.8%. This comes at a time when the 30-year, fixed-rate mortgage toes the 6% mark, forced some prospective buyers out of … The post Home Price Appreciation Surpasses 15% in July appeared first on DSNews.
BiggerPockets
SEPTEMBER 6, 2022
No matter what real estate investing strategy you’re into, the most important thing about any deal should be conducting proper due diligence. While not every aspect of a deal can […].
Appraisal Buzz
SEPTEMBER 6, 2022
As national population growth sits at a record low, domestic migration was the key component of population change on state and local levels in 2021, according to demographic findings of Harvard University’s State of the Nation’s Housing report released in June. As the report’s interactive population change map shows, population grew in most states with … The post Americans Migrating Away from Metros appeared first on DSNews.
Mortgagebroker News
SEPTEMBER 6, 2022
Signs are emerging that the central bank will have to tighten rates further, BMO economist says
Appraisal Buzz
SEPTEMBER 6, 2022
The CFPB and state regulatory bodies are closely scrutinizing all mortgage-related fees, from the start of a loan to the ongoing servicing of the loan, to ensure compliance with the Fair Debt Collection Practices Act. The post Zeroing in on Servicer Convenience Fees appeared first on DSNews. The post Zeroing in on Servicer Convenience Fees appeared first on Appraisal Buzz.
Mortgagebroker News
SEPTEMBER 6, 2022
The region continues to see a resurgence in housing market activity, seemingly undeterred by price spikes
Appraisal Buzz
SEPTEMBER 6, 2022
A couple years ago, I went out and bought a new camping trailer. This trailer, like many other recreational 5th wheels, has a battery that powers it. But this battery … Read More. The post Charge Your Batteries! appeared first on Appraisal Buzz.
BiggerPockets
SEPTEMBER 6, 2022
Mortgage rates went from being a nap-inducing topic to becoming one of the most talked about, researched, and debated subjects of 2022. After two years of rock-bottom interest rates, homebuyers […].
Will Springer Realtor
SEPTEMBER 6, 2022
Cash is king in just about every aspect of life – including residential real estate. Consumers who rely on third-party financing to make a bid on a home or contingent on the sale of an existing property have a tough hill to climb against buyers purchasing with all cash. But there is now a solution to getting that edge – CashEdge© from Priority Home Lending.
Mortgagebroker News
SEPTEMBER 6, 2022
"You want to be able to do that very quickly and very efficiently"
Clear Capital
SEPTEMBER 6, 2022
Clear Capital and Reggora now offer an integrated solution for appraisal order management and valuation quality control — saving users about $250 and 30+ minutes per loan file. Watch the webinar to learn: How Reggora creates a more efficient appraisal management process The improved appraisal review process created by ClearCollateral Review , our automated collateral underwriting review system The lifecycle of an appraisal as it goes through both Reggora and ClearCollateral Review The cost and t
Mortgagebroker News
SEPTEMBER 6, 2022
Benchmark home prices continue to fall across the region
Eyes on Housing
SEPTEMBER 6, 2022
The most recent Home Building Geography Index (HBGI) shows that home building activities have shifted to low-density and low-cost markets since the beginning of the COVID-19 pandemic. The market share for single-family constructions in large metro core and inner suburbs has declined from 44.5% to 41.6% from the 4th quarter of 2019 (pre-COVID), to the 2nd quarter of 2022.
PennyMac
SEPTEMBER 6, 2022
Buying your own home has many benefits: you can gain equity, have access to potential tax savings, and on top of it all, gain a sense of security and freedom that comes from homeownership. Owning a single-family home also comes with responsibilities that you would occasionally need to set time aside for, such as landscaping and home repair projects.
Buys Brokers Only LLC
SEPTEMBER 6, 2022
Despite higher interest rates, the median price of a single-family home in Massachusetts rose 9 percent in July and 10 percent through July; however, home prices in Kingston, Massachusetts, dropped, according to the Massachusetts Association of Realtors.
Housing Wire
SEPTEMBER 6, 2022
Over the past year, the Federal Housing Finance Agency (FHFA) and government-sponsored entities (GSEs) Fannie Mae and Freddie Mac have committed to exploring innovative ways to expand homeownership access safely and securely. This charge couldn’t come at a better time. The racial homeownership gap between Black and white Americans is wider than it was in 1960, and a combination of higher mortgage interest rates, rising home prices and an antiquated model for evaluating consumers’ ability to repa
Expert insights. Personalized for you.
384 
Let's personalize your content