Housing Wire

MAY 18, 2022

Individuals across the country put the American dream of homeownership on standby for the week ending May 13, reducing mortgage application volume by 11% compared to the prior week, as measured by the Mortgage Bankers Association ‘s (MBA’s) Market Composite Index. “Mortgage applications decreased for the first time in three weeks, as mortgage rates — despite declining last week — remained over two percentage points higher than a year ago and close to the highest levels since 2009,” Joel Kan, ass

Mortgage 397

Mortgage Contracts Retail Marketing 397

George Dell

MAY 18, 2022

The neighborhood section of appraisal reports is pretty much protocol. We have asked how a report on the neighborhood may or may not contribute to valuation value or reliability (risk) estimates. We continue to consider how traditional practice helps or hinders adoption of modern process technologies. As always, we have found it is important to […].

Modernization 195

Modernization Valuation Technology Appraisal 195

Housing Wire

MAY 18, 2022

With the cost of living on the rise, many older homeowners are looking for financial solutions that allow them to age in place. HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market.

Mortgage 397

Mortgage Clients Insurance Tools 397

Appraisal Buzz

MAY 18, 2022

Desktop Appraisals have evolved so much in the past 3 years alone — how exactly can appraisers keep up on the changes and impact on the appraisal industry? Join us for our upcoming webinar, “ Desktop Appraisals – Yes, No, Maybe? ” on March 19th at 2 pm with Tony Pistilli. Have all of your burning questions about Desktop Appraisals answered and more!

Appraisal 195

Appraisal Inspection Valuation Construction 195

Housing Wire

MAY 18, 2022

Blockchain-based real estate platform Parcl is betting people want a piece of the real estate pie so badly customers are willing to invest in an emerging, small slice of the market: a digital square foot of real estate. Not only are customers investing in Parcl’s product, but the company itself also recently secured funding of $7.5 million from new and existing investors, which will help Parcl expand its customer base while bolstering partnerships with software and real estate companies, i

Real Estate 392

Real Estate Investing Property Taxes Investors 392

Appraisal Buzz

MAY 18, 2022

LexisNexis has released its first True Cost of Fraud for Real Estate study which examines fraud trends for the United States based on the answers of 360 risk and fraud management executives which found that mortgage lenders are especially vulnerable through online and mobile channels. The report will also track “pain points” related to fraud detection, prevention, … The post $1 of Mortgage Lending Fraud costs over $4 to Recover appeared first on DSNews.

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Lending Mortgage Real Estate Appraisal 170

Appraisal Buzz

MAY 18, 2022

Rick Hogle has joined Cherry Creek Mortgage , a nationwide, full-service mortgage lender, as chief revenue officer. Hogle brings a breadth of experience, proven leadership and industry expertise to his new role, as well as deep roots in retail production. He began his mortgage career in 2001 with New Century Mortgage, where he became one of the firm’s top originators in his first year and later a successful branch manager.

Mortgage 170

Mortgage Retail Appraisal 170

Housing Wire

MAY 18, 2022

John Ryan, longtime CEO of the Conference of State Bank Supervisors , a national trade association of state financial regulators, died unexpectedly Monday night in Washington, D.C. He was 58. Ryan held numerous positions at CSBS during the past several decades. Before becoming its CEO, Ryan was executive vice president. “John was an inspirational and humble leader who brought incredible dedication, intellect and passion to CSBS, the state regulatory system and financial services more broad

Loan Officers 369

Loan Officers Mortgage Government Marketing 369

Appraisal Buzz

MAY 18, 2022

Mehdi Pirzadeh has re-joined Embrace Home Loans as senior loan officer and vice president in the company’s Rockville, Md. office. Pirzadeh is a top-producing loan originator who previously worked for Embrace and recently returned, drawn back by the company’s commitment to customer service and giving back to the community. Pirzadeh began his 22-year career in the mortgage industry as a mortgage originator at Mason Dixon Funding, which was acquired by Embrace Home Loans in.

Loan Officers 150

Loan Officers Appraisal Mortgage 150

Housing Wire

MAY 18, 2022

Nonbank mortgage lender and servicer Ocwen Financial Corp. announced on Wednesday that Sean O’Neil is joining the company as executive vice president and chief financial officer. O’Neil will start at Ocwen on June 13 to lead the firm’s global finance organization amid a challenging mortgage origination market. Before landing at Ocwen, the executive served as the CFO for Bayview Asset Management for six years.

Marketing 338

Marketing Mortgage Finance 338

Appraisal Buzz

MAY 18, 2022

First American Financial Corporation has released their latest iteration of the proprietary Potential Home Sales Model (PHSM) for April 2022 and found that potential existing-home sales decreased to a 5.74 million seasonally adjusted annualized rate (SAAR), a 3.0% month-over-month decrease. The reported market potential for existing-home sales decreased 8.1% compared with a year ago, a loss … The post Potential Home Sales Decrease on Monthly, Yearly Basis appeared first on DSNews.

Appraisal 150

Appraisal Marketing 150

The Robert Weiler Company

MAY 18, 2022

When selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. Before listing and showing your property, there is a wide range of tasks that can, and should, be undertaken to increase the chances of a sale and boost the potential ROI. A study performed by the Florida Nursery Growers and Landscape Association found that something as simple as landscaping has the potential to increase the resale value of a property by 14 percent.

Real Estate 148

Real Estate Tenants Retail Investing 148

Appraisal Buzz

MAY 18, 2022

April issuance adds more than $19 billion to Ginnie Mae’s overall portfolio, on pace to cross the $2.2 trillion mark in May. The post Ginnie Mae Guarantees $50B-Plus in MBS in April appeared first on DSNews. The post Ginnie Mae Guarantees $50B-Plus in MBS in April appeared first on Appraisal Buzz.

Appraisal 150

Appraisal 150

JMV Lending

MAY 18, 2022

This is another reminder that condos are not distinguishable from PUDs (Planned Unit Development units) by appearance alone. Attached side-by-side two-story units that all touch the ground can be zoned “CONDO” or “PUD.” Complexes with units that “float” (that do not touch the ground) will almost always be zoned condo (PUDs must touch the ground). The post Condo vs.

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Lending Development Appraisal 148

Appraisal Buzz

MAY 18, 2022

Mortgage applications decreased 11% on a seasonally adjusted basis from one week earlier, according to Market Composite Index data from the Mortgage Bankers Association ’s (MBA) Weekly Mortgage Applications Survey for the week ending May 13, 2022. The Refinance Index decreased 10% from the previous week and was 76% lower than the same week one year ago.

Mortgage 150

Mortgage Appraisal Marketing 150

Appraiserblogs

MAY 18, 2022

To judge an entire profession by anecdotal evidence is equally both stupid and harmful… The entire emphasis was on “anecdotal evidence” which is not documented or supported. Story after story was told about how appraisers had produced a “biased” report. No documentation and no evidence to support their claims was presented. Folks, after discussing this topic with and learning more about the appraiser who wrote this following essay, I have decided to distribute the essay below as a way to further

Appraisal 132

Appraisal Government Modernization Realtors 132

Appraisal Buzz

MAY 18, 2022

Nationwide, 60.7% of home offers written by Redfin agents encountered competition on a seasonally adjusted basis in April, the lowest level since March 2021, according to a new report from Redfin. That’s down from a revised rate of 63.4% a month earlier and 67.4% a year earlier, and marks the second-consecutive monthly decline. The housing market has softened in recent weeks because mortgage rates have surged to their highest level in more than a.

Housing Market 150

Housing Market Agents Appraisal Mortgage 150

McKissock

MAY 18, 2022

The first thing anyone involved in the home selling process should think about is the curb appeal of a property. It’s what catches someone’s eye and invites them to tour the house, so it can make or break how long a home is on the market. Read on to learn about the importance of curb appeal in selling a house. 1. Landscaping Makes the First Impression.

Buyers 92

Buyers Decorating Real Estate Agent Inspection 92

GoForrmz

MAY 18, 2022

How field service teams are using digital forms to increase productivity Reduce the hours, inevitable errors, and time it takes to complete manual tasks with digital forms and Automated Workflows. If your team is doing everything by hand, you’re wasting money. People make mistakes, schedules can be wrong, and a paper might get lost. Even a typo on a customer’s contact can cost you!

Modernization 78

Modernization Business 78

Mashvisor

MAY 18, 2022

The US Census Bureau’s Housing Vacancies and Homeownership data give us access to information about homeownership and vacancy rates in the country.

Tenants 69

Tenants Landlords Real Estate Investors 69

BiggerPockets

MAY 18, 2022

Investing is a game of winning or losing, defined, most of all, by economics. Of course, we never truly know what direction the economy is heading. However, you can hedge […].

Investing 63

Investing Real Estate Landlords 63

Mashvisor

MAY 18, 2022

Investing in real estate will make you look up “real estate investors near me” online at some point. But it’s not always necessary for business.

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Real Estate Investors Investing Business 68

Lamacchia Realty

MAY 18, 2022

After a 2-year hiatus due to COVID-19, Lamacchia Realty is once again competing in the Boston Children’s Hospital Corporate Cup! Boston Children’s Hospital started this fundraising initiative in 2016, having major companies in New England enter with teams of twenty people to compete in various athletic activities throughout the day with the intent on raising money for the Children’s Hospital Trust.

Realty 58

Realty 58

Mashvisor

MAY 18, 2022

The term “real estate comps” is often used by investors when analyzing their strategy. But what exactly are comps, and why are they important?

Real Estate 68

Real Estate Investors Tools Investing 68

BiggerPockets

MAY 18, 2022

House flipping is a very potent form of investing. After just one fix and flip, many investors find themselves hooked, leaving their stable jobs for the profit (and rush) or […].

Investors 56

Investors Investing Real Estate 56

Mortgagebroker News

MAY 18, 2022

Buyers will continue to struggle with challenging affordability conditions, economist says

Marketing 62

Marketing Buyers 62

San Jose Real Estate

MAY 18, 2022

The Noddin neighborhood in Cambrian is on the edge of Los Gatos and Almaden along Blossom Hill Road and Camden Avenues. The Santa Cruz Mountains are visible from many parts of this community if you are facing south and most of the streets are tree-lined, while homes are generally tidy. It’s attractive generally, and a […].

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Mortgagebroker News

MAY 18, 2022

Current trends point to a potential mortgage market slowdown later this year, analyst says

Mortgage 60

Mortgage Marketing 60

San Jose Real Estate

MAY 18, 2022

Finding homes to rent in Los Gatos, Monte Sereno and Saratoga.

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Mortgagebroker News

MAY 18, 2022

April marked another unwanted record for the country's Consumer Price Index

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Housing Wire

MAY 18, 2022

The U.S. Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. Housing starts came in at 1.724 million , and housing permits came in at 1.819 million — both are still very healthy numbers. However, the sting of higher mortgage rates is hitting the single-family construction data, and the real story is that the housing completion data, which has be

Mortgage 467

Mortgage Construction Contracts Housing Market 467

Mortgagebroker News

MAY 18, 2022

Rates have been steadily climbing for both options in 2022

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Assurance Financial

MAY 18, 2022

When you’re shopping for a home, you want to do as much as possible to show sellers you’re serious and make yourself stand out in a crowded field. That’s particularly true when you’re looking to buy in a seller’s market. In a seller’s market, there are more people trying to buy homes than properties available. One way to make yourself stand out is to get a pre-approval from a lender.

Mortgage 74

Mortgage Sellers Real Estate Agent Buyers 74

Mortgagebroker News

MAY 18, 2022

April saw home sales take a nosedive compared with the same month last year

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Housing Market Marketing 55