Genworth MI Blog

MAY 28, 2020

In this article, I will challenge conventional stereotypes and encourage you to explore manufactured housing as an emerging lending opportunity, positioned ideally for those savvy enough to see with different eyes. predictable scheduling, no weather delays, ease of inspection, etc.). Manufactured Housing Construction Advantages.

Construction 78

Construction Loan Officers Training Lending 78

Walitt Solutions

JULY 28, 2019

My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic. During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending.

Appraisal 28

Appraisal Inspection Valuation Lending 28

Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In these scenarios, no inspection or appraisal of any kind is performed on the property. Navigating appraisal challenges in today’s housing market.

Appraisal 344

Appraisal Valuation Real Estate Modernization 344

Realtor

MAY 15, 2023

Lenders have a vested interest in the home appraisal because it protects them from lending more money than they can recoup should you default on your loan and go into foreclosure. And in 2018, Fannie Mae began testing its hybrid appraisal, a method it had worked on for years to speed up and modernize the traditional appraisal process.

Appraisal 107

Appraisal Real Estate Appraisal Process Market Value 107

Appraisal Today

NOVEMBER 17, 2023

While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.

Appraisal 70

Appraisal Modernization Training Business 70

Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement.

Easement 52

Easement Contracts Appraisal Inspection 52

Housing Wire

JUNE 14, 2022

Desktop appraisals and hybrid appraisals, where an independent third-party inspects the property, both “reduce costs to the borrower and reduce potential risk of bias by creating greater separation between the appraiser and borrower,” wrote Fannie Mae. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.

Appraisal 325

Appraisal Valuation Inspection Law 325

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. The home inspection took longer.

Sellers 69

Sellers Agents Real Estate Buyers 69

Clear Capital

DECEMBER 14, 2021

But then she now is part of a pretty amazing startup, focusing on revolutionizing the lending experience — being a digital lender — called Tomo. But when it comes to buying a home, the part that is the worst, that is the train wreck of the home transaction is by far mortgage. And we want to hear more about that.

Real Estate 69

Real Estate Mortgage Agents Business 69