Housing Wire
FEBRUARY 28, 2022
Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Annapolis, Maryland. Provo, Utah.
Housing Wire
JULY 3, 2023
PrimeLending , a Texas-based retail mortgage bank, aims to expand its market share by growing within its existing footprint in a margin-thinning environment. The lender brought on 100 loan officers in June, bringing the total number of LOs to about 800. Companies may be struggling in one way or another.
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Housing Wire
FEBRUARY 20, 2024
Today, a mortgage lender must have scalability in its operation, an ability to pivot quickly to meet changing market conditions and client needs, a well-designed technology stack and, above all, a keen sense of what its customers and the marketplace truly want from them. The lender’s role in succeeding by helping its LOs succeed.
Cleveland Appraisal Blog
MARCH 30, 2021
So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. This fish phenomenon reminds me of the housing market today. My opinion of the market value of the home was very similar to its reproduction cost.
Housing Wire
SEPTEMBER 22, 2022
Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Business is at a “dead stop,” said a retail loan officer in Michigan. But for loan professionals, relief doesn’t pay the bills. million to 1.93
Housing Wire
DECEMBER 30, 2022
At least not in the foreseeable future, unless another pandemic would create favorable conditions for the housing market. Instead, they’ll be seeking to renovate their homes.”. Mortgage products, such as construction permit loans, have been gaining traction for borrowers in neighborhoods where housing activity is up, Dwyer said.
Housing Wire
JANUARY 6, 2023
Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. That is also the case for Chris Gallo, senior loan officer at NJ Lenders Corp. After dropping from $1.2
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