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How to gain a competitive edge through in-house servicing

Housing Wire

Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. In a HousingWire report , analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates three or four times this year.

Investors 299
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How retaining servicing provides a competitive advantage

Housing Wire

Managing a profitable mortgage business can be challenging in the best of markets. Mortgage servicing rights (MSRs) are valuable assets for mortgage lenders when origination business is slow. Servicing retention generates servicing fee income and helps servicers improve the customer experience.

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The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?

Realtor

Getty Images If you need a mortgage to buy a home you have your eye on, it’s standard for your lender to order an appraisal of the property. Here’s what you need to know about this newer appraisal method and how it works to determine the value of the home you want to buy.

Appraisal 107
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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

What Is a Home Appraisal and Why Is It Important? A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage. Home improvements and renovations.

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Zillow Estimates vs. Appraisals: Why Zillow Shouldn’t Be Used for Appraisals

AmeriMac

One of the great things about modern technology is that we’ve never had more information at our fingertips. You can type in any address you want and in a few quick seconds pull up information about the home, see pictures from recent listings and even find its current value… right? Case in point: real estate.

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ClearCast Podcast E22 — Tomo Co-Founder & CRO Carey Armstrong

Clear Capital

Very exciting new company in the mortgage and real estate space. The amount of home like home equity available to mortgage holders, who retained at least 20% equity stake in their home rose by more than $250 billion in the third quarter and overall tappable home equity increased by 32% in the last year, for an aggregate total of $9.4