Housing Wire

APRIL 29, 2022

Redfin must revamp its business – including eliminating a minimum home price for service – in order to serve more non-white homebuyers. That was but one prong of a multifaceted agreement that Redfin and 10 different fair housing advocacy groups filed at a Seattle federal courthouse Friday. The deal probably ends a lawsuit that the National Fair Housing Alliance and like-minded groups filed 18 months ago accusing the brokerage and popular real estate listings website of offering services in predo

Real Estate 383

Real Estate Agents Brokerage Advertising 383

Appraisal Buzz

APRIL 29, 2022

Engaging in online forums and social media groups for real estate appraisers can be a great way to keep up-to-date on industry news , ask questions, connect with other appraisers, and even get referrals. But with so many options out there, it may be difficult to determine which groups are worth joining. To help you narrow it down, we asked our appraisal community, “What’s the best Facebook Group for real estate appraisers?

Real Estate 195

Real Estate Appraisal 195

Housing Wire

APRIL 29, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Conway, Arkansas. Some might call Conway, Arkansas, a bedroom community of Little Rock — the state’s capital.

Housing Market 383

Housing Market Marketing Agents Real Estate 383

Appraisal Buzz

APRIL 29, 2022

Jake Rowoldt has been promoted to vice president, information services, at Waterstone Mortgage. Rowoldt joined Waterstone Mortgage in October 2018 as the IS project and change manager. Most recently, he served as senior manager, information services. Rowoldt has been instrumental in the development and support of the company’s web applications, software development, and project management initiatives.

Project Management 150

Project Management Mortgage Development Technology 150

Housing Wire

APRIL 29, 2022

Add Mr. Cooper Group to the list of mortgage originators and servicers reducing staff: pink slips arrived for 250 employees in the first quarter, as the company faced declines in the earnings from loan originations. And the company is forecasting a few tough origination quarters ahead. “While the mortgage industry experienced record high origination volumes in recent years and resources were scaled up to meet consumer demand, the industry now faces higher interest rates leading to lower originat

Mortgage 370

Mortgage Finance Development Business 370

Appraisal Buzz

APRIL 29, 2022

Redwood Trust Inc. has entered into a definitive agreement to acquire Riverbend Funding LLC and its subsidiaries, a private mortgage lender to residential transitional and commercial real estate investors, in an all cash transaction. The addition of Riverbend complements Redwood’s existing business purpose mortgage banking platform, CoreVest American Finance Lender LLC.

Lending 150

Lending Real Estate Investors Finance 150

Appraisal Buzz

APRIL 29, 2022

According to a new report from Redfin, the typical homebuyer’s monthly mortgage payment jumped to 39%, — the largest year-over-year gain on record as the average 30-year-fixed rate remained at a 12-year high of 5.1%. “Rising mortgage rates are taking a bite out of pending sales as both buyers and sellers take a step back … The post More Than Half of U.S.

Sellers 150

Sellers Buyers Appraisal Mortgage 150

Housing Wire

APRIL 29, 2022

Planet Earth has has gone from a ball of molten rock to ice, and then, to the climate we have today. Just like Earth, mortgage rates and housing markets are cyclic and we’re heading into another Ice Age. Find me a sales meeting in the U.S. that didn’t talk about the cycle. There is a broker in charge talking about the spring buying season and an elder mortgage sales manager talking about some interest-only (IO) loan or ARM from 1990 that was 8%.

Mortgage 370

Mortgage Real Estate Agent Technology Inventory 370

Appraisal Buzz

APRIL 29, 2022

The Consumer Financial Protection Bureau (CFPB), created in 2010 as part of the Dodd-Frank Act, has invoked an unused portion of its legal power to examine nonbank financial companies that pose risks to consumers. The CPFB believes that using this legal authority “will help protect consumers and level the playing field between banks and nonbank … The post CFPB Seeks to Examine More Nonbank Financial Companies appeared first on DSNews.

Legal 150

Legal Appraisal 150

Housing Wire

APRIL 29, 2022

Total Expert team members took a trip to Louisiana earlier this year to help the New Orleans Area Habitat for Humanity organization. In partnership with the nonprofit , the team was able to rebuild a home that was destroyed by Hurricane Ida, a Category 4 Atlantic hurricane that made landfall in Louisiana at the end of August last year. “It’s pretty incredible what you can accomplish when a team of people band together,” said Corinne Seltz, leadership and development manager at Total Expert.

Development 370

Development Mortgage 370

Appraisal Buzz

APRIL 29, 2022

According to the latest from the National Association of Realtors (NAR), pending home sales slipped 4.1% month-over-month in March, marking the fifth consecutive months of transaction decreases. Year-over-year, pending home sales dropped 8.2% in March, marking the tenth consecutive month of yearly decreases. “The falling contract signings are implying that multiple offers will soon dissipate … The post Financial Capacity Limits Pending Home Sales appeared first on DSNews.

Contracts 150

Contracts Realtors Appraisal 150

Eyes on Housing

APRIL 29, 2022

The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income increased 0.5% in March after a 0.7% gain in February. Gains in personal income are largely driven by increases in compensation of employees. However, it was 11.6% lower than a year ago when US government implemented stimulus packages to cope with COVID-19 crisis.

Government 135

Government 135

Appraisal Buzz

APRIL 29, 2022

Led by the recent deal with Sagent, nationwide mortgage servicer reported net Q1 profits exceeding $650 million. The post Mr. Cooper Posts Q1 Gains appeared first on DSNews. The post Mr. Cooper Posts Q1 Gains appeared first on Appraisal Buzz.

Appraisal 150

Appraisal Mortgage 150

Midtown Appraisal Group

APRIL 29, 2022

There are a bunch of reasons why they’re happening. If you’ve been involved in the sale of a residential property in Ontario in the past 3 years – whether as a vendor, purchaser, real estate agent, mortgage broker or lawyer – you know that residential appraisals seem to take longer than they used to. Unfortunately, […].

Appraisal 101

Appraisal Real Estate Agent Real Estate Agents 101

McKissock

APRIL 29, 2022

Engaging in online forums and social media groups for real estate appraisers can be a great way to keep up-to-date on industry news , ask questions, connect with other appraisers, and even get referrals. But with so many options out there, it may be difficult to determine which groups are worth joining. To help you narrow it down, we asked our appraisal community, “What’s the best Facebook Group for real estate appraisers?

Real Estate 105

Real Estate Appraisal Development Investing 105

GoForrmz

APRIL 29, 2022

Become the office hero by transforming your inefficient workflow processes into digital forms with GoFormz Everybody wants to be a hero. Whether you've been working your job for ten years or ten minutes, there's one surefire way to make waves: help your team transform traditional paper forms with document automation solutions. From sustainability efforts to real-time data collection, there are endless reasons to move away from paper processes.

Clients 78

Clients Technology 78

Mashvisor

APRIL 29, 2022

The question of what is arbitrage reveals far more than the definition itself. We’ll be dealing with the details and significance behind it here. Table of contents: What Is Arbitrage?

Real Estate 73

Real Estate Investing Landlords Investors 73

Clear Capital

APRIL 29, 2022

Follow ClearCast on LinkedIn , Twitter , Facebook , and Instagram. EPISODE SUMMARY. Kenon and Jeff discuss rising interest rates, slowing home sales, and what this means for the market and first-time homebuyers. Then, they sit down with Jonathan Lawless, Head of Homeownership at Bilt Rewards, to explore how Bilt Rewards is helping open the door to homeownership for millions of renters.

Marketing 69

Marketing 69

Mashvisor

APRIL 29, 2022

Before anyone decides to pursue a career as a real estate agent in 2022, one question lingers in their mind: how much do real estate agents make?

Real Estate Agent 68

Real Estate Agent Real Estate Agents Sellers 68

San Jose Real Estate

APRIL 29, 2022

As of July 1, 2020, the Measure E transfer tax in San Jose kicked in. What’s involved, and who pays? Homes sold for more than $2 million in San Jose now are billed an additional transfer tax, depending on the price point. San Jose already has a city transfer tax, which is $3.30 per thousand, […].

57

57

Mashvisor

APRIL 29, 2022

A good cap rate on rental properties is not as easy to come by as one would expect. It will ultimately depend on the location of the property.

Tools 68

Tools Investors Investing Real Estate 68

BiggerPockets

APRIL 29, 2022

This week’s question comes from Jessica through Tony’s Instagram direct messages. Jessica has seen what Tony and his wife Sara have been doing while building their short-term rental empire. But, […].

Real Estate 59

Real Estate 59

Mortgagebroker News

APRIL 29, 2022

The measure will allow sellers to disclose details of competing offers to bidders

Sellers 69

Sellers 69

BiggerPockets

APRIL 29, 2022

Did you play musical chairs as a kid? I played in Sunday School, and I don’t think I ever won. It was painful, but I’m okay with it now. For […].

Marketing 56

Marketing 56

Buys Brokers Only LLC

APRIL 29, 2022

Flooding is not only the most common natural disaster in the United States. It is also one of the most costly.

Insurance 54

Insurance Real Estate 54

Mortgagebroker News

APRIL 29, 2022

Troubling trends are emerging despite higher wages, statistics agency warns

68

68

PennyMac

APRIL 29, 2022

So you’ve found the home you really want , and it’s perfect. The only problem is it has a pretty large price tag, and while reasonably within your budget, you can’t find a standard loan large enough to cover it. Does that mean you need to give up on your perfect house? Nope! The good news is you have other options if a standard, conforming loan isn’t going to work for your house.

Finance 36

Finance Design Mortgage Government 36

Mortgagebroker News

APRIL 29, 2022

The pace of transactions involving these buyers noticeably accelerated in recent months

Buyers 65

Buyers Marketing 65

PennyMac

APRIL 29, 2022

Unless you had the resources on hand to buy your home using cash (which is not always an option for most people these days), you probably needed to secure a loan before you could finalize the purchase of your property. As a result, you continue to pay your lender a regular monthly amount with the understanding that you will be covering both the principal cost of the loan and the interest the lender charges for their services.

Insurance 36

Insurance Mortgage Finance Loan Officers 36

Mortgagebroker News

APRIL 29, 2022

The measure aims to temper the influence of speculators and boost the region's housing supply

63

63

Eppraisal

APRIL 29, 2022

Living on a premium lot often comes with a healthy price tag, however, home value is most always sure to increase above average.  We'll take a brief look at the various types of premium lots, some more favorable to certain buyers than others. There are key considerations, responsibilities and possible headaches living on a premium lot as well.

Retail 36

Retail Home Value Development Buyers 36

Mortgagebroker News

APRIL 29, 2022

Find out which members of the Canadian mortgage industry came away with the top prizes

Mortgage 63

Mortgage 63

Housing Wire

APRIL 29, 2022

Connecticut-based mortgage servicer and lender Planet Home Lending has entered into an agreement to acquire assets from Homepoint ‘s delegated correspondent channel for $2.5 million in cash, the companies announced on Friday. The move signals Homepoint’s exit from the correspondent channel to focus on wholesale. Homepoint was the 11th biggest residential mortgage lender in the country last year, originating $96 billion in residential mortgages, up 55.2% year-over-year.

Lending 383

Lending Finance Business Mortgage 383

Mortgagebroker News

APRIL 29, 2022

The association welcomed mortgage professionals to a packed two-day event in Vaughan

Mortgage 62

Mortgage 62