Fri.Jul 02, 2021

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Keeping the American Dream Alive

Appraisal Buzz

With the housing market booming but suffering from widespread inventory shortages, MReport examines how the industry can help guide more borrowers around the obstacles and toward their goal of homeownership. The post Keeping the American Dream Alive appeared first on theMReport.com. The post Keeping the American Dream Alive appeared first on Appraisal Buzz.

Inventory 370
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First American acquires Texas’ Georgetown Title

Housing Wire

Title insurance provider First American Financial Corporation announced the acquisition of Texas-based Georgetown Title , a company with roots planted in the Lone Star State over 125 years ago. Georgetown Title will become part of the direct operations of First American’s largest subsidiary, First American Title Insurance Company, the company said in a press statement.

Insurance 236
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A ‘Broader View’ of Home Price Changes

Appraisal Buzz

A home price index that covers the entire housing market, not just sales, offers a more complete measure of household wealth and equity, says the author of a new report. The post A ‘Broader View’ of Home Price Changes appeared first on DSNews. The post A ‘Broader View’ of Home Price Changes appeared first on Appraisal Buzz.

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Be Nice or Be Quiet

Appraiserblogs

It’s never helpful for anyone to be mean. Even when we’re “anonymous” and hiding behind a keyboard, we need to be nice… Back in the 1980’s an American minister by the name of Robert Fulghum published a series of essays in a book titled All I Really Need To Know I Learned in Kindergarten. One lesson that we should have all learned back in kindergarten, or before, is to “be nice”.

Law 136
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Monthly Home Prices Appreciate in Most Metros

Appraisal Buzz

The price of houses continues growing at a higher-than-normal rate, but some regions are experiencing “substantial slowdowns,” researchers report. The post Monthly Home Prices Appreciate in Most Metros appeared first on theMReport.com. The post Monthly Home Prices Appreciate in Most Metros appeared first on Appraisal Buzz.

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Job Gain Accelerates in June

Eyes on Housing

In June, total payroll employment rose by 850,000 and the unemployment rate was little changed at 5.9%. The June employment data shows strong growth momentum as more than 154 million people are fully vaccinated and COVID-19 restrictions on business are lifted. Residential construction employment increased by 15,200 in June, while nonresidential construction lost 22,600 jobs, following a decrease of 21,700.

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What Green Home Feature Are You Most Interested in Learning About?

McKissock

Green technology and the popularity of green living are advancing rapidly, and many real estate appraisers are interested in gaining specialized knowledge and expertise in eco-friendly housing. Last month, we asked our appraisal community, “What green home feature are you most interested in learning about?” Solar panels were the most popular answer, by far, but they’re not the only green home feature that appraisers said they’d like to investigate.

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loanDepot Announces New Chief Digital Officer

Appraisal Buzz

Company CEO Anthony Hsie says that, as the incoming head of its technology team, George Brady adds “incredible firepower” to a staff that is “revolutionizing mortgage lending.” The post loanDepot Announces New Chief Digital Officer appeared first on theMReport.com. The post loanDepot Announces New Chief Digital Officer appeared first on Appraisal Buzz.

Lending 195
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Commercial company examines important aspects of market

Valuation Review

Commercial real estate services firm JLL reached out to Valuation Review to share some key findings from its recently released JLL Seniors Housing & Care – Investor Survey and Trends Outlook. The results, in particular valuations on seniors housing, were very enlightening. Read on to find out more.

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For Servicers, Orchestration Can Be Sweet Music

Appraisal Buzz

Similar to the way a symphony orchestra performs a musical arrangement, business process orchestration enables organizations to work better together. The post For Servicers, Orchestration Can Be Sweet Music appeared first on DSNews. The post For Servicers, Orchestration Can Be Sweet Music appeared first on Appraisal Buzz.

Business 195
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Real estate tech company hits milestone

Valuation Review

Ribbon said it reached a milestone of more than $650 million a month in RibbonCash Offers on its platform. Additionally, north of $600 million a month in buying power for fully approved cash buyers was addressed.

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The Week Ahead: Positive Jobs Report to Boost Forbearance Exits?

Appraisal Buzz

After 17 weeks of declines in the number of forbearance plans nationwide, the MBA announces its latest survey findings on Tuesday, as a strong June jobs report could send more out of plans and back onto the road to economic recovery. The post The Week Ahead: Positive Jobs Report to Boost Forbearance Exits? appeared first on DSNews. The post The Week Ahead: Positive Jobs Report to Boost Forbearance Exits?

Appraisal 195
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ATTOM unveils cloud-based property data platform

Valuation Review

ATTOM announced the launch of ATTOM Cloud, a cloud-based platform that provides access to curated property data. This allows customers to focus more time on extracting value from property data and less on complex data management processes.

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What To Make of The Post-Payrolls Rate Rally

Appraisal Buzz

What To Make of The Post-NFP Rally Nonfarm Payrolls (NFP) beat forecasts (850k vs 700k), which is normally something that would put upward pressure on rates. While that seemed like a threat for the first 14 minutes, things calmed down nicely from there and bonds hit their early closing times with moderate gains intact. Rather than try to force this outcome to fit some narrative (i.e. “this wasn’t enough to derail the Fed’s rate-friendly policies”), The post What To Make o

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Best beach towns revealed

Valuation Review

With coastal states like Florida, North Carolina and Maine among the most popular places to which people relocated last year, the personal-finance website WalletHub released its report on “2021’s Best Beach Towns to Live in.” The site compared 191 cities across 62 key metrics.

Finance 60
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Goldman Sachs Completes Consumer-Relief Obligation Stemming from Settlement

Appraisal Buzz

Goldman Sachs has successfully completed its $1.8 billion consumer-relief obligation under the 2016 settlement agreements with the U.S. Department of Justice and three states, according to the independent monitor of the settlements , Professor Eric D. Green. In his sixteenth and final report, Green said Goldman Sachs earned over $1.8 billion in credit after providing more than $1.52 billion of credited consumer relief under the settlement agreement with the U.S.

Appraisal 195
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‘Timing’ is everything, especially with appraisals

Valuation Review

Valuation Review’s monthly installment from Dustin Harris, “The Appraiser Coach,” dives into the subject of time. Harris shares from his blog “How to Determine Time Adjustments” many points relating to time management, and how appraisers can best use those minutes. Read on to learn more.

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What Green Home Feature Are You Most Interested in Learning About?

Appraisal Buzz

Green technology and the popularity of green living are advancing rapidly, and many real estate appraisers are interested in gaining specialized knowledge and expertise in eco-friendly housing. Last month, we asked our appraisal community, “What green home feature are you most interested in learning about?” Solar panels were the most popular answer, by far, but they’re not the only green home feature that appraisers said they’d like to investigate.

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Clear Capital/Clario executive further discusses program for veterans

Valuation Review

Recently, Valuation Review introduced readers to a special training/skills program for veterans looking to get into the appraisal profession. Clear Capital/Clario Senior Director Jeff Peters shared with us more information about this program. Read on to find out what Peters shared with us.

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Radian HPI Shows Continued Annualized Growth Rate in Home Prices Nationally

Appraisal Buzz

According to data from the latest Radian Home Price Index (HPI), U.S. home prices increased at an annualized rate of 11.5 percent in May 2021 from April 2021 and 9.9 percent year over year. The Radian HPI also rose 9.9 percent year-over-year (May 2020 to May 2021), which was slightly higher than the year-over-year increase of 9.3 percent recorded last month.

Appraisal 195
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What Is a Good Return on Investment for a Rental Property?

Mashvisor

If you are wondering how to invest money to generate cash flow and build wealth, real estate investing is a great option.

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Keeping Pace With Demand Through Outsourcing

Appraisal Buzz

A recent MReport-hosted webinar examined how the industry has utilized outsourcing to maintain steady workflows, while juggling the increase in volume over the past year. The post Keeping Pace With Demand Through Outsourcing appeared first on theMReport.com. The post Keeping Pace With Demand Through Outsourcing appeared first on Appraisal Buzz.

Appraisal 195
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Realquantum Welcomes Rick Gibson as VP of Product

Real Quantum

R ick Gibson has joined Realquantum in the role of Vice President of Product. Rick will drive growth and development of Realquantum’s SaaS commercial real estate appraisal software and data products. Rick will be a part of the leadership team with responsibilities for product strategy, planning, execution, and customer success. As a career practitioner in high-tech products, Rick has held a variety of senior roles including Sprint and Lynxspring.

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The Week Ahead: The Supply-Demand Battle Rages Onward

Appraisal Buzz

While the struggle between tight inventory and high demand continues, are record high sticker prices forcing prospective borrowers out of the market in droves? The post The Week Ahead: The Supply-Demand Battle Rages Onward appeared first on theMReport.com. The post The Week Ahead: The Supply-Demand Battle Rages Onward appeared first on Appraisal Buzz.

Inventory 150
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How has Canada’s economy fared in the past few months?

Mortgagebroker News

Statistics Canada reveals the wide-ranging impact of long-running pandemic pressures

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Staying Current on D&I Issues in the Mortgage World

Appraisal Buzz

The Five Star Institute and American Mortgage Diversity Council announce a three-part web series featuring subject-matter specialists as they address some of the most relevant and crucial diversity-and-inclusion-related issues facing the industry. The post Staying Current on D&I Issues in the Mortgage World appeared first on theMReport.com. The post Staying Current on D&I Issues in the Mortgage World appeared first on Appraisal Buzz.

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How do you attract the top talent to your mortgage company?

Mortgagebroker News

Vice president of CWB Optimum Mortgage shares how the firm has established itself as a top employer

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Housing Professionals Address Diversity and Inclusion

Appraisal Buzz

Industry leaders explore and educate on pressing D&I matters at an upcoming webinar series presented by the Five Star Institute’s American Mortgage Diversity Council. The post Housing Professionals Address Diversity and Inclusion appeared first on DSNews. The post Housing Professionals Address Diversity and Inclusion appeared first on Appraisal Buzz.

Appraisal 150
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How to Invest in Real Estate as an Agent

Mashvisor

Getting into real estate sales is the perfect first step for someone who wants to learn how to invest in real estate.

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CoreLogic Collaborates With Xceedance on Catastrophe Model Solution

Appraisal Buzz

New partnership will assist insurers on the risks they are writing via a suite of 180+ on-demand catastrophe models. The post CoreLogic Collaborates With Xceedance on Catastrophe Model Solution appeared first on DSNews. The post CoreLogic Collaborates With Xceedance on Catastrophe Model Solution appeared first on Appraisal Buzz.

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Royal LePage on Canadian boomers’ home purchase plans

Mortgagebroker News

This cohort is considered among the nation’s most financially robust

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MSI Announces Key Leadership Changes

Appraisal Buzz

National field service company promotes two to key executive roles, and adds new VP of compliance and training to further expand growth. The post MSI Announces Key Leadership Changes appeared first on DSNews. The post MSI Announces Key Leadership Changes appeared first on Appraisal Buzz.

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Rookie Podcast 92: Rookie Reply: How to Fund Rehabs and Renovations

BiggerPockets

This week’s question comes from Shantay on the Real Estate Rookie Facebook Group. Shantay is asking: We are about to close on a duplex. It is going to need a […].

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CFBank Getting Out of Consumer-Direct Mortgage Lending Business

Appraisal Buzz

CFBank, the wholly owned banking subsidiary of CF Bankshares Inc., is ceasing its direct-to-consumer (DTC) mortgage lending activities and instead focusing on retail loan originations. The company says it has suspended the origination of new rate-lock commitments through its DTC mortgage lending business effective as of June 30 and will work toward closing out its existing loan pipeline and commitments in the next few months.

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