Housing Wire

APRIL 5, 2024

The report, released back in December, noted that Navy Federal Credit Union approved more than 75% of white borrowers who applied for a new conventional home purchase mortgage in 2022 vs. less than 50% of black borrowers. To avoid becoming the next Navy Federal, lenders must evaluate the whole picture. cities — looms in the background.

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Mortgage Lending Buyers Property Management 385

Housing Wire

DECEMBER 14, 2023

With first-time buyers accounting for just 26% of all home purchases in 2022 — a 41-year low — the mortgage market place aims to help first-time homebuyers with the right program and mortgage products. Going forward, Stairs wants to address the systemic racial injustice in home-buying.

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Technology Buyers Investors Mortgage 369

Housing Wire

SEPTEMBER 11, 2023

Home maintenance company Onder is EasyKnock’s latest acquisition, according to GeekWire , which first reported the story. Founded in 2021, Onder sells a subscription-based home maintenance service that deploys technicians to help with both interior and exterior property maintenance.

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Modernization Investors Housing Market Buyers 408

Housing Wire

SEPTEMBER 8, 2023

Similarly, studying the real estate market daily will make you a better advisor while providing perspective on broader economic changes that will help you evaluate your business. For example, if home sales slow down x amount, how will that impact your sales and how will you pivot accordingly? Finally, how many recruits do you need?

Real Estate 384

Real Estate Agents Business Marketing 384

Housing Wire

MARCH 19, 2021

Determining the value of a home depends on both art and science. Housing data can be used to evaluate ongoing risks that could impact not only future property values but also the cost of maintaining and perhaps repairing properties. . Todd Teta – guest columnist March HW Magazine.

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Real Estate Agent Real Estate Insurance Investors 535

Housing Wire

FEBRUARY 7, 2024

But the post-pandemic world, with widespread adoption of remote work, has granted homebuyers more leeway to evaluate where they want to live. Home shoppers have the opportunity to factor their political preferences into the equation of where they want to live.

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Real Estate Agent Law Real Estate Agents 406

Housing Wire

NOVEMBER 3, 2023

The process of finding, buying and owning a home today is disjointed, antiquated and messy. That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey.

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Real Estate Agent Real Estate Insurance Valuation 386

Housing Wire

JULY 19, 2022

Silverstein played a pivotal leadership role in the acquisition process of Caliber Home Loans last year and his drive to succeed can be summed up in his favorite piece of advice: “If everything seems under control, you’re not going fast enough.”. What has been the biggest challenge in completing the acquisition and combining operations?

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Business Mortgage Marketing 394

Housing Wire

SEPTEMBER 8, 2023

This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation.

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Real Estate Agent Tools Real Estate Agents 404

Housing Wire

FEBRUARY 28, 2024

To ensure buyers get the best deal and don’t come up against any surprises, the CFA recommends that they interview agents and request contracts ahead of time so they can properly evaluate them and potentially prepare to negotiate the terms.

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Buyers Contracts Agents Realtors 406

Housing Wire

AUGUST 8, 2023

. “AURA is an automated tool that automatically reviews appraisals and delivers accurate property analysis, speeding the process for lenders and helping homebuyers get into their dream homes faster.” ” One key feature of AURA is ClearPhoto, a robust set of AI-driven rules that automate the review of property photos.

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Appraisal Valuation Technology Investors 361

Housing Wire

JANUARY 5, 2022

The state attorneys general also raised concerns that servicers adequately evaluate borrowers for loss-mitigation, even as they await the $10 billion in federal aid from the Homeowners Assistance Fund. ” He added that they discriminate against low-income borrowers and borrowers of color, groups the FHA disproportionately serves.

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Mortgage Insurance Design Government 469

Housing Wire

MAY 2, 2021

With social distancing and lockdown orders, appraisers struggled to evaluate homes in a timely and effective manner. During the pandemic, many housing professionals saw firsthand how easy it is for the valuation process to be disrupted.

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Valuation Appraisal Mortgage 388

Housing Wire

MAY 25, 2023

loans, adjustable rates, and home equity, among others. According to the company, the decision to exit the origination business was taken in light of changing market dynamics and a strategic evaluation of its operations. Department of Veteran Affairs (V.A.) said in a statement.

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Business Mortgage Loan Officers Inventory 382

Housing Wire

NOVEMBER 9, 2021

That network of back-office services, title and appraisal providers and others tasked with important (and often costly) elements of the lender’s operation aren’t always as easy to evaluate to ensure top-flight efficiency and productivity. Another element of provider service to evaluate is versatility.

Mortgage 350

Mortgage Clients Training Marketing 350

Housing Wire

MARCH 5, 2024

Treasury officials urge local governments to “re-evaluate zoning and land use restrictions that too often restrain affordable housing from being built,” Adeyemo wrote, an issue that some local and state governments have acted on in the past.

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Insurance Construction Government Design 463

Housing Wire

AUGUST 31, 2022

Fraud risk is growing as the market shifts away from traditionally low-risk refinances and moves toward a purchase and home equity driven market. For example, different levels of reports match the different needs and risk tolerances of purchase mortgage originators, correspondent lenders and home equity originators.

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Client Relationships Clients Investing Development 322

Appraisal Buzz

JUNE 23, 2022

Equity Valuation Partners (EVP), a provider of home value services, valuation tools and property value data for the real estate industry, has launched Inhabet , a one-stop platform that empowers lenders to generate their own compliant estimate of value for residential and commercial real estate (CRE) properties.

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Valuation Mortgage Real Estate Home Value 195

Housing Wire

MARCH 22, 2024

Today, there are 100,000 more homes on the market than there were in March of last year — that’s 21% inventory growth. The market grappled with low inventory and mortgage rates that gave many homebuyers a reason to pause. According to Altos Research , 2023 inventory bottomed in April at 406,206 active listings.

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Brokerage Realty Real Estate Inventory 417

Appraiserblogs

APRIL 23, 2024

The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. This adjustment, which modifies values based on median home values within specific census blocks, raises concerns for potentially reflecting practices akin to redlining – a discriminatory practice that.

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Tools Modernization Home Value Appraisal 116

Housing Wire

SEPTEMBER 28, 2021

A Fannie Mae official Monday questioned the role of appraisal management companies, or “AMCs,” in evaluating houses. “We The companies say they are a firewall between mortgage lender and appraiser, taking homes to be appraised from lenders and fanning out the work to individual appraisers. Why is that?”. Become a member today.

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Valuation Appraisal Process Appraisal Government 410

Housing Wire

OCTOBER 4, 2023

In a statement of interest filed last Thursday, the DOJ noted that it had “significant concerns” about the proposed antitrust settlement agreement between home sellers and MLS Property Information Network (MLS PIN). The DOJ said it wanted more time to better “evaluate the proposed settlement and its competitive effects.”

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Buyers Realtors Sellers Legal 413

Housing Wire

APRIL 8, 2024

We’ve done as much as I think reasonably could be done to get the information to the surface so that the conference committee members, when they were evaluating these various amendments, would have some sense of what this is about and how important it is,” Downey told RMD late last week. “So, So, I feel a measure of confidence in that regard.

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Mortgage Law Business 346

Housing Wire

OCTOBER 24, 2023

Investing in high-quality photography elevates how homes are presented and draws in potential buyers, culminating in successful transactions. Home inspectors Understanding that every client is unique, I offer three trusted inspectors for my clients. Remember that strategic partnerships serve as a cornerstone for success in real estate.

Real Estate 398

Real Estate Real Estate Agent Clients Agents 398

Housing Wire

NOVEMBER 3, 2023

As of 2021, nonbank mortgage companies originated 64% of conventional home purchase mortgage loans, compared to the 25% originated by banks.” Certain states also go beyond the requirements of the federal CRA when evaluating lending, financial services or other investment activities in their states. Some states go even further.

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Law Lending Investing Mortgage 378

Housing Wire

APRIL 5, 2021

To manage a potential wave of foreclosures, the CFPB’s proposed change would permit servicers to offer certain streamlined loan modification options to borrowers with COVID-19-related hardships based on the evaluation of an incomplete application.

Tools 544

Tools Mortgage Marketing 544

Housing Wire

APRIL 23, 2024

That means purchase, refis, servicing, home search.” We’re definitely evaluating all opportunities in service to our strategy.” . “In the past, we focused on things outside of homeownership — auto, solar and these things that were adjacent. ” Rocket has also brought new talent to the organization.

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Tools Clients Investing Finance 386

Mashvisor

OCTOBER 31, 2021

Then you must have considered Zillow homes for sale. Thinking about investing in the US residential real estate market? As the largest real estate marketplace in the US, Zillow is…

Investing 69

Investing Real Estate Marketing Investors 69

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. Earlier in my life, I was directed away from using a VA loan when I purchased my first home. Who is eligible?

Mortgage 437

Mortgage Renovations Appraisal Process Finance 437

Housing Wire

MAY 14, 2021

Credit can be confusing, but it can also be a huge asset going into the home-buying process. But if you’re finding that your credit score is more of a hindrance than an asset to your home-buying endeavors, or are unsure where you stand with your credit health, never fear. Make Timely Payments. Improve your DTI Ratio.

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Tools Mortgage Lending Advertising 427

Housing Wire

APRIL 1, 2021

. “Servicers should work to ensure borrowers have all necessary information and should help borrowers in obtaining documents and other information needed to evaluate the borrowers for assistance.” ” Evaluating income fairly. ” Addressing language access. ” Handling inquiries promptly.

Law 446

Law Mortgage Appraisal 446

Housing Wire

JUNE 2, 2021

Volly , a mortgage tech company that offers customer relationship management and point-of-sale services for lenders, announced Wednesday the acquisition of mortgage and real estate tech startup Home Captain for an undisclosed amount. The post Mortgage tech firm Volly scoops up Home Captain appeared first on HousingWire.

Mortgage 387

Mortgage Real Estate Technology Clients 387

Housing Wire

MAY 23, 2023

“We believe we have found an optimal home for our Local team members in the branches we have sold to WFG, and they will continue to thrive under their leadership.” The aim was to evaluate the optimal organizational structure to make home buying more affordable and maximize shareholder value.

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Retail Insurance Real Estate Technology 368

Housing Wire

APRIL 9, 2024

On average, the company said that mortgage brokers use 3-5 lenders and evaluate speed, service, rate, and cost/fees. Freddie Mac’s PMMS is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. This is not unique to UWM brokers.

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Legal Brokerage Mortgage Loan Officers 419

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? A licensed appraiser conducts the evaluation and considers the condition of the property, the location and sales of comparable properties (comps) in the area.

Real Estate 446

Real Estate Appraisal Agents Inspection 446

Housing Wire

MAY 3, 2022

A Palo Alto, California-based fintech startup Point , which bills itself as allowing homeowners to tap into future home appreciation, closed on a $115 million Series C funding round, the company announced Tuesday. Point’s plans to use the funding include expanding its Home Equity Investment division.

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Investors Real Estate Investing Finance 360

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. billion in home improvement projects. billion in home improvement projects.

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Renovations Home Improvement Marketing Finance 386