Fri.Feb 12, 2021

article thumbnail

Embracing the future of mortgage servicing

Housing Wire

This year has brought plenty of disruption to mortgage servicing, from regulatory and economic uncertainties, to a long-term shift toward remote work environments. Meanwhile, the past decade has seen an explosion of digital solutions in mortgage origination, and servicing will inevitably follow suit. In this context, it’s natural to consider digital transformation; as all our processes are upended, this is perhaps an ideal time to rethink the business, and the technologies that support that busi

Mortgage 394
article thumbnail

How Much Do Real Estate Appraisers Make?

McKissock

If you’re thinking about starting or advancing your appraisal career, you probably want to know: How much do real estate appraisers make? A recent survey reported in the 2020-2021 Appraisal Income Guide shows that an appraiser’s annual earnings depends on many different factors. Here is a snapshot of the average real estate appraiser salary, broken down across license level, years of experience, and other key factors affecting income potential.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blend CEO Nima Ghamsari to speak at Spring Summit

Housing Wire

Tech giant Blend ‘s CEO and Co-founder Nima Ghamsari will join other housing luminaries at HousingWire’s Spring Summit March 4 to discuss mortgage disruption and what’s coming down the road for those in housing. Even in the midst of a banner year, originators have to keep one eye on the technologies and competitors that could upend their carefully crafted business strategy.

article thumbnail

Should You Refinance Your FHA to a Conventional Loan?

PennyMac

Like many American homeowners, your first mortgage may have been a loan with the Federal Housing Administration (FHA). Loans backed by the FHA are attractive to first-time homebuyers because FHA loans are easier to obtain financing for and require only minimal down payments and fair-to-good credit scores. On the other hand, FHA loans require certain provisions which can sometimes be a burden on a homeowner’s budget, often in the form of premiums paid for mortgage insurance.

article thumbnail

United Wholesale Mortgage moves to dismiss broker lawsuit

Housing Wire

United Wholesale Mortgage has filed a motion to dismiss a lawsuit filed by three independent mortgage brokers last year whom the lender accused of “churning.” The Pontiac, Michigan-based wholesale mortgage lender filed a motion this week saying that the three named brokers – Rishi Bhasin, Anne James and Nelson Otero – were among the 75 brokers it found to be abusing an early pay off provision (EPO) to bank more commissions. “In 2020, UWM became concerned the EPO period was not

Mortgage 305
article thumbnail

8 Reasons Smart Investors Get Their Real Estate License

BiggerPockets

Should you pursue your real estate license? Here are eight reasons investors should consider taking the test.

More Trending

article thumbnail

Rookie Podcast 52: Rookie Reply: My Debt-To-Income is Too High to Get Another Property, How Do I Keep Up the Momentum?

BiggerPockets

This week’s question comes from Meghan on the Real Estate Rookie Facebook Group. Meghan is asking: How do I keep up the momentum after closing on two deals, when my […].

article thumbnail

What Is Quantitative Easing—And How Does It Affect the Real Estate Market?

BiggerPockets

From a macro perspective, Federal Reserve policy and the potential effects of fiscal stimulus are the most important factors in determining the direction of the economy. Learn more about their impacts on real estate here.

article thumbnail

Ask Brandon and David Anything – Live on Riverside FM

BiggerPockets

Please make sure you are on a desktop or laptop computer and in a Google Chrome browser. This does not work on mobile phones! Once you have clicked the link […].