Housing Wire
NOVEMBER 7, 2022
It’s yet another casualty in the non-QM space – California-based Athas Capital Group is winding down its operations and laying off more than 200 employees due to the challenges in the secondary market. Executives at the mortgage lender announced their decision in a letter sent on Wednesday to business partners and employees, which was reviewed by HousingWire.
Eyes on Housing
NOVEMBER 7, 2022
NAHB analysis of information published in Builder Magazine’s annual Local Leaders lists shows that large builders gained market share across all tiers on average from 2009 to 2021 in major housing markets; market concentration, as calculated with top four firms in a metropolitan statistical area (MSA), has also increased, but has leveled off over the last four years.
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Housing Wire
NOVEMBER 7, 2022
High mortgage rates and looming economic uncertainty caused trillions in equity to evaporate from the housing market in the third quarter of 2022, according to Black Knight ’s mortgage monitor report. And while additional declines are expected to be on the horizon, the good news is that the country’s housing equity position is still strong compared to the start of the pandemic. .
Lamacchia Realty
NOVEMBER 7, 2022
For the second year in a row, Lisa Hayford has officially qualified for the 2022 President’s Club by surpassing $16,000,000 in sales volume! Lisa has grown her business tremendously since joining Lamacchia in 2020 , and we are so excited to see her reach this impressive milestone once again! Lisa has had many other successes this year, starting off with receiving the award for Most Transactions and Highest Sales Volume in the Beverly office for 2021.
Housing Wire
NOVEMBER 7, 2022
California lender New American Funding issued pink slips to 240 employees last week, bringing the total cut this year to nearly 1,000. The force reductions come after two years of rapid expansion. “The mortgage market slowdown is unfortunately affecting our entire industry,” Rick Arvielo, CEO of New American Funding, told HousingWire in a statement.
Realvals
NOVEMBER 7, 2022
The following charts provide a realistic representation of the San Rafael, California, housing market. The data comes straight from the local MLS (BAREIS MLS), giving you a much more in-depth look into the real trends in the market. The following charts are updated every month, and each has an entire year of data. * Please Bookmark This Page if you want to have an up-to-date resource for the trends in the San Rafael housing market. *.
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Town & Country Residential Appraisals
NOVEMBER 7, 2022
Homes built prior to 1978 have the potential to have lead based paint contained in it. In many of the areas I appraise such as Greensburg, Delmont, Export, Derry, Irwin, etc., that is a lot of homes. Probably 80% or more of the homes in these areas were built prior to 1978. When lead based paint peels and cracks, it creates paint chips and dust. You can tell a deteriorated paint surface possibly contains lead when there is a pattern to the cracking termed “ alligatoring”.
BiggerPockets
NOVEMBER 7, 2022
Finding off-market properties was much harder a few years ago than it is today. Before you’d have to drive for dollars, mark down addresses, build a spreadsheet, constantly update it, […].
Mortgagebroker News
NOVEMBER 7, 2022
A recent panel discussion centred around the question of how to approach those challenging interactions
Housing Wire
NOVEMBER 7, 2022
Despite increased competition, wholesale lender Homepoint has rolled out a new home equity line of credit (HELOC) product. The goal is to court more brokers at a time when home equity levels remain high. . Available on investment properties, single-unit owner-occupied properties and second homes, Homepoint’s HELOC product allows eligible borrowers to access between $20,000 to $400,000 of their home’s equity as a line of credit, the Michigan lender said Monday. .
Mortgagebroker News
NOVEMBER 7, 2022
Weathering the worst crises helps a mortgage professional focus on the essentials
Appraiserblogs
NOVEMBER 7, 2022
At a recent meeting, the Appraisal Institute showed this video and anger ensued… The following video was aired in Canada by CBC in March 2021 and has nearly a half a million views. At a recent meeting, the Appraisal Institute showed this video and anger ensued. The audience was deeply divided, and the conversations almost came to blows. My guess from past actions of AI CEO to remove the diversity committee would assume the FOJs want to continue to hope that this issue goes away and will conti
Mortgagebroker News
NOVEMBER 7, 2022
In October, the jobs market saw its first significant increase in four months
GoForrmz
NOVEMBER 7, 2022
It takes more than a pizza party to prevent employee burnout. You’ve probably seen it happen before, by the time the holiday season arrives, retail employees are already feeling burned out, stresses are high, and some team members aren’t even able to fully enjoy their holiday season. That doesn’t have to be the case this year. As more about the causes of employee burnout are brought to light, there are better strategies to mitigate them and even reverse the effects.
Mortgagebroker News
NOVEMBER 7, 2022
Plus: The trajectory of interest rates throughout the year to date
Mortgagebroker News
NOVEMBER 7, 2022
Tech innovations have cemented themselves as indispensable components of the mortgage space
Mortgagebroker News
NOVEMBER 7, 2022
Canadian market 'extremely exposed' on a relative basis
Mortgagebroker News
NOVEMBER 7, 2022
How have buyers fared in one of the country's most affordable regions for housing?
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