Housing Wire
NOVEMBER 14, 2022
HousingWire spoke to Tom Hutchens, EVP of Production at Angel Oak Mortgage Solutions, about the outlook for non-QM in 2023 and why lenders should keep an eye on the non-QM space. HousingWire: How has the non-QM space evolved over the past year? Tom Hutchens: The non-QM space has evolved quite a bit in the past year. There is some good news and some not so good.
Cleveland Appraisal Blog
NOVEMBER 14, 2022
Are you interested in getting into the world of commercial real estate? This week I welcome back guest blogger June Duncan, who shares some things to think about if this is an area that you are interested in pursuing. Enjoy! Image by Unsplash. Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. It’s often mistaken for easy money, though, by people who underestimate the work it entails.
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Housing Wire
NOVEMBER 14, 2022
Rate lock volume has dropped by more than 60% over the past 12 months as it struggles under the weight of high mortgage rates , which closed out October at 7.06%. Amid the surging rates, the refinance market is nearing the bottom. The decline in rate lock volume was driven by a 25.1% decline in cash-out locks from September and an additional 15.7% drop in rate/term refi, according to Black Knight ’s origination market report.
Eyes on Housing
NOVEMBER 14, 2022
As a previous post has shown, the share of new homes with patios increased for the sixth year in a row in 2021, to a post-2004 high of 63.0 percent At the same time, the share with decks was trending in the opposite direction, declining for the fifth year in a row to a post-2004 low. Of the roughly 1.1.
Housing Wire
NOVEMBER 14, 2022
Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We view the launch of this venture as the natural progression of our company’s growth,” Corey Caster, executive vice president of national production at Nations Lending, said.
Lamacchia Realty
NOVEMBER 14, 2022
Lamacchia Companies is pleased to announce that Michael McDonagh has joined as General Counsel. Michael has years of experience and knowledge in the legal side of real estate and will be a tremendous asset to Lamacchia Companies and, most specifically, Lamacchia Realty. Michael will oversee all the companies’ legal matters, including preventative and ongoing cases.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
BiggerPockets
NOVEMBER 14, 2022
With mortgage rates topping 7% and home prices remaining elevated, Americans are less confident than they’ve ever been about their home-buying prospects. According to Fannie Mae, only 16% of consumers believe […].
Mashvisor
NOVEMBER 14, 2022
Finding an investment property for sale requires an analytical mind if you hope to achieve your dream of becoming a real estate investor.
Mortgagebroker News
NOVEMBER 14, 2022
The lender said that it needs to prioritize its near-future liquidity to buttress itself against prevailing market conditions
BiggerPockets
NOVEMBER 14, 2022
Scott Galloway, NYU professor commonly known as “Prof G,” thinks that America is adrift. Communities are dying, young people are feeling helpless, and wealth is slowly being sucked out of […].
Town & Country Residential Appraisals
NOVEMBER 14, 2022
Appraisals are a report that indicates an opinion of market value for a property. It is a reflection of what has been happening up until a certain point (our effective date) and not what is going to happen or might be continuing to happen. What has happened could be different from what is going to happen. There is a place in real estate valuation for forecasting, but when completing appraisals for mortgage lending, divorce, estates, bankruptcy and listing work, we look at the sales and trends le
Mortgagebroker News
NOVEMBER 14, 2022
Mortgage businesses must integrate these components if they are to succeed long-term, BHBTV's Chris Baker says
San Jose Real Estate
NOVEMBER 14, 2022
How’s Cambrian Park condo & townhouse market? Normally we answer this question in brief with regular monthly updates over on the Cambrian Park Real Estate Market Update. Here we will provide some more depth with condominium and townhome data. Before we dive in the the statistics for sold properties last month, let’s see what’s selling […].
Mortgagebroker News
NOVEMBER 14, 2022
Plus: Some tips for purchasing a property during an economic downturn
Housing Wire
NOVEMBER 14, 2022
In the last four months, Primary Residential Mortgage Inc. (PRMI) has used Snapdocs’ eVault and digital closing platform to scale eNote adoption across 250 branches in 49 states. Alyssa North, senior vice president of operations at PRMI, said PMRI is trying to advance the adoption of digital closings and make eNote the default. “eNotes are a win-win for PRMI and our valued borrowers,” North said.
Mortgagebroker News
NOVEMBER 14, 2022
The growth defied the various downward pressures the market has laboured under this year
GoForrmz
NOVEMBER 14, 2022
Introduce digital form and data capture to best support your consulting business. Professional consultants are our specialized industry heroes. Ranging across various industries and diverse specialties, there are countless reasons why professional consultants are utilized. Whether your consulting business offers marketing resources or human resource outsourcing, digital forms offer the most valuable asset to simplify business processes and streamline client communication.
Mortgagebroker News
NOVEMBER 14, 2022
Infrastructure and support have proven essential to the team's rapid rise in the broker channel
Lamacchia Realty
NOVEMBER 14, 2022
IF YOU WAIT UNTIL SPRING TO BUY, YOU'LL PAY MORE! There is nothing wrong with that house! The Fall of 2022 looks different than the past few years with mortgage rates higher than they’ve been in years, prices still high, and inventory, which has been at historical lows since the summer of 2020 , beginning to increase. Homes are starting to be available on the market for longer than a day or two, a welcome change from the frenzy of the post-COVID market.
Mortgagebroker News
NOVEMBER 14, 2022
Projects were funded with multi-million tranches from the federal and provincial governments
Buys Brokers Only LLC
NOVEMBER 14, 2022
Median prices, sales, and inventory of single-family homes in Milford, Massachusetts, decreased in September 2022 on a year-over-year basis, according to data compiled by the Massachusetts Association of Realtors (MAR).
Mortgagebroker News
NOVEMBER 14, 2022
Industry players are integrating an ever-growing selection of technologies into their businesses
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