Housing Wire

SEPTEMBER 20, 2021

Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination forecasts for the remainder of this year and into 2022. Fannie Mae dropped its projected origination volume for 2021 to $4.33 trillion from the $4.36 trillion it projected in August. It also downsized its 2022 mortgage origination volume forecast by $55 billion to $3.25 trillion.

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Appraisal Buzz

SEPTEMBER 20, 2021

The Five Star Institute and its sponsors capped Tuesday’s programming at the 2021 Five Star Conference and Expo as industry leaders gathered to celebrate the dream of homeownership during this year’s Keys for Life Reception and Concert. The event included a full slate of industry-focused programming, closed out by rock band Night Ranger, best known … The post Brian Montgomery Honored With Lifetime Achievement Award appeared first on theMReport.com.

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Appraisal 195

Housing Wire

SEPTEMBER 20, 2021

From having to manage high volumes to finding innovative ways to appraise homes while maintaining distance, it’s no secret appraisers faced challenges during the beginning of the coronavirus pandemic. To ensure appraisers are able to effectively manage their portfolio, they need a remote solution that leverages technology without compromising the appraisal process. .

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Appraisal Buzz

SEPTEMBER 20, 2021

The Five Star Institute and its sponsors capped Tuesday’s programming at the 2021 Five Star Conference and Expo as industry leaders gathered to celebrate the dream of homeownership during this year’s Keys for Life Reception and Concert. The event included a full slate of industry-focused programming, closed out by rock band Night Ranger, best known … The post Keys for Life Ceremony Honors Montgomery, Celebrates Vets appeared first on DSNews.

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Appraisal 195

Housing Wire

SEPTEMBER 20, 2021

Servicers’ forbearance portfolio volume fell once again last week, as exits remained elevated compared to requests or re-entries. The total number of loans in forbearance dropped by eight basis points to 3.00% as of Sept. 12, according to the Mortgage Bankers Association (MBA). . The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 32 basis points to 6.95%.

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Appraisal Buzz

SEPTEMBER 20, 2021

The House America program provides departmental support including technical assistance, communications, and peer-to-peer learning to participating municipalities. The post HUD Officials Rally Local Leaders to Join Housing Initiative appeared first on theMReport.com. The post HUD Officials Rally Local Leaders to Join Housing Initiative appeared first on Appraisal Buzz.

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Appraisal 195

Appraisal Buzz

SEPTEMBER 20, 2021

At this year’s Five Star Conference in Dallas, hundreds of default servicing and property management professionals attended various educational Labs geared toward enhancing their knowledge base after a year of rapid change. The post Preserving the Nation’s Housing Market appeared first on DSNews. The post Preserving the Nation’s Housing Market appeared first on Appraisal Buzz.

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Housing Wire

SEPTEMBER 20, 2021

Rookies that pursued a career as mortgage loan originators in 2020 air dropped into a scintillating real estate market. There was easy money to be made – r efi opportunities were bountiful , lenders hired tens of thousands of workers to meet capacity, and even showered underwriters with five-figure bonuses on top of $150,000 salaries. Rookie LOs in 2020 could ride the refi wave and rack up a hefty monthly paycheck without Herculean effort.

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Marketing Real Estate Agent Realtors Real Estate 286

Appraisal Buzz

SEPTEMBER 20, 2021

Mr. Cooper’s CEO says the sale is consistent with his company’s strategic focus on mortgage originations and servicing. The post Mr. Cooper Agrees to Sell Xome Field Services appeared first on DSNews. The post Mr. Cooper Agrees to Sell Xome Field Services appeared first on Appraisal Buzz.

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Appraisal Mortgage 195

GoForrmz

SEPTEMBER 20, 2021

We’re gearing up for a month of exciting virtual events! Next month, the GoFormz team will be sponsoring two impactful events in the construction space: Procore’s Groundbreak and Autodesk University. Will we see you there? Check out the information below to learn more: GoFormz + Groundbreak Procore’s Groundbreak is one of construction’s most anticipated events, featuring top industry leaders, a plethora of insightful sessions (ranging from safety to efficiency and beyond), and a wide variety of

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Construction 134

Appraisal Buzz

SEPTEMBER 20, 2021

For the second month in a row, expectations for near-term real GDP growth have been revised downward – and outward – due to persistent supply chain disruptions and labor market tightness, according to the September 2021 commentary from Fannie Mae ’s Economic and Strategic Research (ESR) Group. The ESR Group now projects full-year 2021 real GDP growth to clock in at 5.4%, down from its previous forecast of 6.3%, anticipating instead that much of the.

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Supply Chain Mortgage Appraisal Marketing 195

Appraiserblogs

SEPTEMBER 20, 2021

Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? Recently, a Mueller Services ‘inspector’ posted a comment on the article titled “Mueller Sample Report. You Decide!“ Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals?

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Appraisal Real Estate Appraisal Process Training 115

Appraisal Buzz

SEPTEMBER 20, 2021

Freddie Mac has released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households, resulting in an appraisal gap. The extent of that gap increases as the percentage of Black and Latino individuals in the census tract increases. The research is based on 12 million appraisals for purchase transactions submitted to Freddie Mac.

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Valuation Appraisal Contracts 195

Valuation Review

SEPTEMBER 20, 2021

The Uniform Appraisal Dataset (UAD) is being updated to reflect changes to the appraisal industry since the current version was adopted in 2010. Addressing future appraisal needs and facilitating ongoing digitization in the appraisal process/mortgage industry was also highlighted. Read on for more from Valuation Review, who was in attendance for this session.

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Valuation Review Appraisal Process Valuation Appraisal 78

Appraisal Buzz

SEPTEMBER 20, 2021

This was originally published on hoskingappraisalgroup.com here. As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. It’s an incredible forum for learning, networking, and gleaning insights and forecasts on the future of the real estate market. This year’s expo at the Bellagio in Las Vegas was a brilliant collaboration on ideas and forecasts!

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Valuation Property Appraisal Real Estate Sellers 195

BiggerPockets

SEPTEMBER 20, 2021

It’s tough out there. Between investors, agents, and wholesalers, everyone you know wants to get a home under contract. So what do you do when there is an influx of […].

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Contracts Investors Agents Real Estate 72

Appraisal Buzz

SEPTEMBER 20, 2021

This is the second article in a series which discusses some difficult theoretical questions with which appraisers have been confronted in a very practical way. This article will pick up where the last one left off, so you will definitely want to read Part 1 of this series before continuing. With that said, let’s move forward with the second question: How do I reconcile comparables with a wide range of adjusted sales prices?

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Sellers Appraisal Inventory Buyers 195

Valuation Review

SEPTEMBER 20, 2021

CRED iQ, a data, analytics and valuation platform serving the commercial real estate finance and investment communities, recently launched its interactive valuation tool MyQ. MyQ is the latest development in commercial real estate software and is the first to provide a one-stop-shop for CRE valuation and data, the company said.

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Valuation Real Estate Tools Finance 60

Appraisal Buzz

SEPTEMBER 20, 2021

The Housing and Urban Development (HUD) Secretary Marcia Fudge called on local leaders to join a HUD-led initiative to create more homes in America. House America is a federal initiative in which HUD and the U.S. Interagency Council on Homelessness (USICH) invite mayors, county leaders, Tribal nation leaders, and governors to partner and use funds provided … The post HUD’s ‘All-Hands-on-Deck’ Approach to ‘House America’ appeared first on DSNews.

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Development Appraisal 195

Valuation Review

SEPTEMBER 20, 2021

Hitting the mainstream is 3D printed home technology with builders claiming these homes can be built in half the time and for half the cost, according to a survey by Realtor.com. But will people actually buy them?

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Technology 60

Appraisal Buzz

SEPTEMBER 20, 2021

Members of Five Star Institute’s Legal League 100 gathered at the Five Star Conference where they discussed the regulatory landscape, court backlogs, staffing challenges, and more. The post Top Legal Experts Address Pressing Housing Issues appeared first on DSNews. The post Top Legal Experts Address Pressing Housing Issues appeared first on Appraisal Buzz.

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Legal Appraisal 195

Valuation Review

SEPTEMBER 20, 2021

Incenter Appraisal Management recently released its RemoteVal technology, which it said dramatically streamlines one of the biggest bottlenecks in mortgage lending: appraisals. RemoteVal empowers appraisers to achieve compliant inspections.

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Technology Appraisal Inspection Lending 60

Lamacchia Realty

SEPTEMBER 20, 2021

Lamacchia Realty has announced the promotion of Kim Beaulieu to her new role of Human Resources Manager of the Lamacchia Companies. This well-deserved promotion comes nine months after she took on the role of managing all staff training. While Kim will continue to manage the training of incoming staff and the opening of branch offices, her role will broaden into larger human resources focus.

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Human Resources Realty Training Realtors 69

Valuation Review

SEPTEMBER 20, 2021

Voxtur Analytics Corp. has completed its acquisition of Xome Services LLC and Xome Valuation Services LLC. Voxtur CEO Jim Albertelli said the acquisition would provide scalability. Read on to learn more about this transaction.

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Valuation 60

Lamacchia Realty

SEPTEMBER 20, 2021

Bea Murphy has qualified for the prestigious distinction of President’s Club ELITE ! Bea is a member of the 2019 , 2020, and 2021 President’s Club but this is her first year qualifying for the highly sought-after ELITE distinction. This is no easy feat, Bea needed to surpass $26,000,000 in sales volume to qualify. Like anything else, Bea set her mind to the challenge and achieved it.

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Realty Realtors Clients Agents 69

McKissock

SEPTEMBER 20, 2021

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Additionally, it’s a good idea to gain a solid understanding of the Code of Ethics and Standards of Practice of the National Association of REALTORs® (NAR).

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Real Estate Clients Real Estate Agent Realtors 58

Mashvisor

SEPTEMBER 20, 2021

Thinking of buying a house in Georgia as a real estate investment? Well, the Georgia housing market 2021 is a hot seller’s market.

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Investors Real Estate Housing Market Investing 78

Mortgagebroker News

SEPTEMBER 20, 2021

Radius Financial CEO Ron Swift has lived and breathed mortgages for nearly four decades – and along the way, he’s witnessed big changes in the broker channel

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Mortgage 68

BiggerPockets

SEPTEMBER 20, 2021

Who says you can’t manage rental properties and do some more socially conscious investing at the same time?

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Investing Real Estate 80

Mortgagebroker News

SEPTEMBER 20, 2021

CMP celebrates 38 brokerages that have established themselves as the finest in the Canadian mortgage industry

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Brokerage Mortgage 69

BiggerPockets

SEPTEMBER 20, 2021

Cash flow is defined as how much rental income is left over after all expenses are paid on a rental property. Here's how to calculate it.

Real Estate 69

Real Estate 69

Mortgagebroker News

SEPTEMBER 20, 2021

Homewise Solutions founder and CEO Jesse Abrams tells CMP how his brokerage is using technology and online solutions to achieve its goal of creating a better mortgage process for its customers

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Brokerage Technology Mortgage 47

Assurance Financial

SEPTEMBER 20, 2021

When it comes to financing a home or a build, several factors are involved in the type of loan you apply for. The interest rate is a key factor, but the more important one is the down payment. A down payment on a home is the money you give to the lender initially. Typically, this is a piece of the overall cost of what is being borrowed. Whatever amount is left over after the down payment is paid must be paid off over time in the form of a mortgage.

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Insurance Mortgage Buyers Government 36

Mortgagebroker News

SEPTEMBER 20, 2021

The closing process is about to become radically more efficient – but in the meantime, there are steps brokers can take to streamline it, writes Jonathan Hacohen

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