Housing Wire

OCTOBER 12, 2022

Black Knight announced the integration of its digital servicing platform and its Surefire CRM, which it says will enhance customer engagement and retention. Servicing Digital , offered as an app or responsive web design, allows customers to easily access their loan- and home-related information, as well as perform self-service capabilities. Surefire is a mortgage-specific marketing automation and content solution that helps mortgage professionals reach new customers and earn repeat business. .

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Design Tools Insurance Mortgage 438

Cleveland Appraisal Blog

OCTOBER 12, 2022

Zillow has data that can be very helpful. I know, I know… In previous articles, I have exposed the lack of accuracy with their Zestimates. However, when it comes to a data source, I do find that Zillow offers great information for the public. When appraising a property, I usually look to see if there is any information on Zillow about the property I am appraising.

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Market Value Appraisal Clients Marketing 334

Housing Wire

OCTOBER 12, 2022

Sacramento, California-based mortgage lender Summit Funding Inc. plans to make a round of layoffs in late November that will affect 72 employees, according to a document filed with the state’s Employment Development Department. . “With the demand for mortgage services falling to its lowest level in 22 years, and the resulting impact of this market condition on our business, we will be laying off many employees,” Sherry Meneley, director of human resources, wrote in a Worker Adjustment an

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Appraisal Buzz

OCTOBER 12, 2022

Reporting data for August 2022, S&P and Experian found defaults for first-lien mortgages held steady for the second month in a row. Click through to learn the details. The post A Look at First-Lien Mortgage Defaults appeared first on Appraisal Buzz.

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Mortgage Appraisal 195

Housing Wire

OCTOBER 12, 2022

It’s no coincidence that the post-2008 crisis mortgage expansion happened to occur during a period marked by transformative technological change in the industry. However, a double whammy of building economic headwinds and a proposed merger between ICE Mortgage Technology and Black Knight threatens to upend much of the benefit from robust competition that fostered considerable innovation in mortgage technology over the last decade.

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Mortgage Technology Business Contracts 399

Appraisal Buzz

OCTOBER 12, 2022

According to RentCafe’s latest market trend report, renting has reached its highest peak in over 50 years, as renters surpass homeowners in 41% of ZIP codes in the 50 largest U.S. cities analyzed. The post Examining ZIP Codes With Fastest-Growing Renter Populations appeared first on Appraisal Buzz.

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Appraisal Marketing 195

Appraisal Buzz

OCTOBER 12, 2022

Today’s Buzzcast interview is Choudhry Muzaffar, Principal Owner of Collateral Valuation Services. We sat down with Choudhry and Jim Morrison, VP of Marketing and Sales for Allterra Group, LLC, to discuss how the valuation process is done in the Middle East. What are some of the main differences between the US and the Middle East when it comes to the valuation process?

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Valuation Appraisal Marketing 195

Housing Wire

OCTOBER 12, 2022

Mortgage demand continues to decline amid surging home loan rates, according to the latest survey from the Mortgage Bankers Association (MBA). . The mortgage composite index for the week ending Oct. 7 fell 2% from the prior week and 68.7% compared to the same period in 2021, on an adjusted basis, the survey shows. The refinance index decreased 1.8% from the previous week and was 86% lower than the same week one year ago.

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Mortgage Contracts Housing Market Marketing 393

Appraisal Buzz

OCTOBER 12, 2022

Today’s Buzzcast interview is Choudhry Muzaffar, Principal Owner of Collateral Valuation Services. We sat down with Choudhry and Jim Morrison, VP of Marketing and Sales for Allterra Group, LLC, to discuss how the valuation process is done in the Middle East. What are some of the main differences between the US and the Middle East when it comes to the valuation process?

Valuation 195

Valuation Appraisal Marketing Modernization 195

Housing Wire

OCTOBER 12, 2022

Payload, a fintech company focusing on automated payments with API architecture, on Tuesday announced a partnership with technology services provider Premier Data Services , to launch an integration with SoftPro, an escrow and closing software. The aim of the integration is to offer completely embedded electronic payments for real estate closing disbursements and payouts.

Architecture 391

Architecture Real Estate Training Design 391

George Dell

OCTOBER 12, 2022

Why are so many business segments utilizing Data Science in their business decisions? These business segments include but are not limited to marketing, transportation, telephony, medicine, insurance, finance, entertainment and many others. Editor’s Note: Bruce Hahn, CCIM, CRE, MAI, SRA is kind enough to write another Guest Post for us this week.

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Business Transportation Insurance Finance 195

Housing Wire

OCTOBER 12, 2022

Home Point Financial Corp. has terminated a master repurchase agreement and securities contract with Credit Suisse First Boston Mortgage Capital and Morgan Stanley Bank , according to filings with the Securities and Exchange Commission. The financing arrangement was struck on June 3, 2020 with the maximum aggregate borrowing authority totaling $300 million, according to Home Point’s 8-K filing disclosed on Tuesday.

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Lending Contracts Finance Mortgage 390

Eyes on Housing

OCTOBER 12, 2022

The prices of building materials decreased 0.3% in September (not seasonally adjusted) according to the latest Producer Price Index (PPI) report. The PPI for goods inputs to residential construction, including energy, declined for the third consecutive month in September (-0.1%). Prices have fallen 2.3% since June, the largest three-month drop since April 2020.

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Construction 194

Appraiserblogs

OCTOBER 12, 2022

The government wants to move to a fully automated appraisal format, and the more that they can dirty the narrative in their favor, the quicker they get to their objective… This just in: In a recent memo, the CFPB wants you to know that if you are buying a home, that you can contest your appraisal. By the way, anyone at any time can contest an appraisal for any reason.

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Government Appraisal Valuation Development 130

Eyes on Housing

OCTOBER 12, 2022

Per the Mortgage Bankers Association’s (MBA) survey through the week ending October 7th, total mortgage activity declined 2.0% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate rose six basis points to 6.81%. The FRM has risen 80 basis points over the past month, reaching its highest level since 2006. The Market Composite Index, a measure of.

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Mortgage Marketing Lending Finance 167

Valcre

OCTOBER 12, 2022

An appraisal is often required when purchasing a commercial property. It’s a professional estimation of a property’s market value. The lenders may request an appraisal if the property is bought on a mortgage or other types of loan. This helps them confirm the value of a property before approving a loan.

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Appraisal Market Value Mortgage Marketing 72

Lamacchia Realty

OCTOBER 12, 2022

On Wednesday, October 12 th Gerry Bourgeois was officially promoted to Senior Advisor to the CEO and COO. This comes roughly a year and a half after Gerry joined the Lamacchia Realty management team. Since joining the staff side of the company Gerry has worked within the operations department of the management team. Gerry initially joined Lamacchia Realty as a REALTOR ® in early 2019.

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Realty Open Houses Realtors Real Estate 74

National Association of Realtors

OCTOBER 12, 2022

More than a quarter of real estate professionals say they avoid having any interaction with an appraiser, falsely believing they legally can’t.

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Appraisal Legal Real Estate 82

BiggerPockets

OCTOBER 12, 2022

Ashley Hamilton is a landlord, multi-unit investor, reverse flipper, hard money lender, and everything else in between. You may recognize her name from episode 331, appropriately titled “10 Real Estate […].

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Investors Landlords Real Estate 65

National Association of Realtors

OCTOBER 12, 2022

How professionals are managing the biggest obstacles to the home valuation process.

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Valuation Appraisal 100

Mashvisor

OCTOBER 12, 2022

Real estate investment remains profitable, especially in the US. To stay ahead, you’ll need a good short term rental investment calculator.

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Investing Real Estate Tools Investors 68

BiggerPockets

OCTOBER 12, 2022

The housing market is in an unfamiliar place. After several years of appreciation and a few years of massive booms across the U.S., the train is finally losing steam. With […].

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Housing Market Training Marketing 60

Mashvisor

OCTOBER 12, 2022

The housing crisis we’re in now is causing vacation towns to limit short term rentals, with their number growing more over the past year.

Investors 69

Investors Real Estate 69

PennyMac

OCTOBER 12, 2022

Establishing good credit takes time, and The U.S. Department of Veterans Affairs (VA) loan program is designed to help our service members and veterans achieve homeownership. With a government-insured VA home loan , eligible service members, veterans and their families can enjoy low interest rates and no down payments on qualified mortgages, while also eliminating the need to purchase private mortgage insurance (PMI).

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Insurance Mortgage Design Government 36

Housing Wire

OCTOBER 12, 2022

A record number of title insurance professionals gathered on Coronado Island, just a few miles from downtown San Diego, at the Hotel del Coronado for the American Land Title Association ’s annual ALTA One conference on Wednesday. Opened in 1888 and known for its the intricate wood work and open designs in the main lobby and “Crown Room,” the historic resort is nearly as old at the title industry itself (ALTA was founded founded in 1907 but the first title company was opened in 1876).

Real Estate 384

Real Estate Real Estate Agent Agents Law 384

PennyMac

OCTOBER 12, 2022

First Step to Homebuying: Pre-Qualify for a Home Loan. Purchasing a home can be an exciting journey. Of course, before you get to experience the joy of unlocking your front door for the very first time, there are some tasks that you’ll need to take care of along the way. For most homebuyers, this includes securing a home loan. As you prepare to purchase a mortgage, one of your first steps might be to pre-qualify for a home loan.

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Real Estate Agent Real Estate Sellers Loan Officers 36

Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. Fannie Mae ‘s Economic and Strategic Research (ESR) Group now forecasts total single-family home sales to decline 18.1% to 5.64 million units this year from 2021, a further downward revision from September’s projected 17.2% drop.

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Contracts Modernization Housing Market Mortgage 414

GoForrmz

OCTOBER 12, 2022

Discover why thousands of businesses rely on the GoFormz platform for documentation and data capture We at GoFormz know that not all form solutions are created equal. Sure, when looking for a digital forms solution there are many options to choose from – but only a handful of providers can actually provide your team with the features they need to succeed.

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Tools Modernization Business 138

Lamacchia Realty

OCTOBER 12, 2022

For the 10 th year in a row, Lamacchia Realty will be participating in the annual Boston Children’s Hospital donation drive! Similar to the past few years, from restrictions due to COVID-19, the hospital will be collecting money to purchase toys for children and their families who will be in the hospital during the holidays. Through the Annual Toy Drives and BCH Summer Corporate Cups , Lamacchia Realty has raised well over $200,000 for the hospital.

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Realty 41