Housing Wire

JULY 12, 2022

HousingWire sat down with Bell to learn about how the VA is working to revamp the image of the loans it offers, how it plans to modernize its appraisal processes, how it coordinates with other agencies, and whether its COVID-19 partial claim program will get an extension.

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Housing Wire

SEPTEMBER 29, 2021

This unfortunate type of fallout represents missed opportunities for the borrower and the lender. When we’re in a refinance market we’re doing business with borrowers that have experience with mortgage loans. HW: Is credit improvement potential limited to certain types of applicants / certain credit score bands? It makes sense.

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Housing Wire

NOVEMBER 23, 2022

Absolutely I’m going to refinance when the rates go down, and that’s why I decided on a 2-1 rate buydown,” Davis said. “It Absolutely I’m going to refinance when the rates go down, and that’s why I decided on a 2-1 rate buydown.” Erica Davis, Guild Mortgage loan originator and home buyer.

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Housing Wire

MARCH 13, 2024

It’s the perfect way to introduce seasoned agents to AI without the intimidation factor – or the steep learning curve. Just pick the type of room you want to stage and choose your furniture style, and the app will keep generating staged photos until you find one that works for your listing. Visit Top Producer 2.

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Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. In the past, when faced with a problem, people would type queries into Google and slowly configure a solution to an issue.

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Housing Wire

MARCH 18, 2022

60% of his volume comes from traditional HECM loans, 20% came from HECM for Purchase, and the final 20% from HECM-to-HECM refinances, he says. The idea of creating CE classes is not a new one, Mangus says, and it does not only work for one type of partner like real estate agents. “The This is a lesson I learned the hard way,” he says.

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Housing Wire

APRIL 18, 2023

Mortgage firms have also focused on becoming more efficient and reducing other types of overhead, including fixed costs, like office space, and travel budgets or similar items. The refinance wave of 2020 and 2021 made clear that the various leaks and clogs in the operational process can grease the skids toward leaving money on the table.

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Housing Wire

OCTOBER 1, 2022

Moreover, one in 131 mortgage applications was estimated to have indications of fraud and one in 164 refinance applications, according to CoreLogic’s 2022 Mortgage Fraud Report. This type of monitoring can continue throughout the loan process all the way to final closing, giving lenders last-minute insight that might end up being crucial.

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Housing Wire

OCTOBER 27, 2021

The secondary market currently has a huge appetite for these loans, and borrowers who may not have been able to purchase or refinance a home in the past due to strict agency guidelines are now participating in the housing market in thanks to non-QM lending. To learn more about working with HomeXpress, visit homexmortgage.com.

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McKissock

APRIL 9, 2021

Last month (March 2021) we asked appraisers across the U.S., “What type of appraisal has seen the MOST growth in demand in your local area due to COVID-19?” Desktop appraisals are also in higher demand, as well as a few other types of appraisals. What type of appraisal has seen the MOST growth in demand due to COVID-19?

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Housing Wire

MAY 26, 2023

Title firms are, of course, limited in the type of transactions they can perform. However, a title agency that lacks a commercial real estate capability, or which relied primarily on refinance volume in years past, has the option of growing. We’ll eventually be talking about a market spike — be it in refinance or purchase transactions.

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Housing Wire

APRIL 26, 2022

HousingWire: With interest rates gradually rising and refinance volume on the decline, how can originators benefit from adding reverse mortgages to their product mix? Originators who are successful with reverse mortgages are the ones who put in the time to learn about the product and how to market it.

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Housing Wire

SEPTEMBER 11, 2020

These are the types of improvements that will improve both flexibility and efficiency. We have found that grouping loans and adding technology to drive the appropriate logic results in providing straight-through processing in bulk for refinance, forbearance, extension and loan modification requests.

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Housing Wire

AUGUST 23, 2023

Garg: It took us six years to do $100 billion of refinances and to build an industry leader in refinances. As we get widespread adoption of One Day Mortgage, we will be able to grow our purchase volumes dramatically, [much] in the same way that we did our refinance volumes. Nunes: What have you learned from the last refi boom ?

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Realtors Technology Insurance Mortgage 367

Clear Capital

APRIL 1, 2024

Offering the right home equity loan product for your clients and the current market There are three primary home equity loan types lenders can use to provide homeowners with access to their equity: fixed-rate loans, home equity lines of credit, and cash-out refinances. What can customers do with home equity loans?

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Housing Wire

DECEMBER 29, 2021

“I don’t think there is any way you can deliver orders with the type of growth they have all seen relative to their head count, so due to this you are seeing a lot more automation.”. Today, 96% of our refinance transactions run through our automated title decision engine,” Chris Leavell, the COO of First American, said. “We

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McKissock

SEPTEMBER 17, 2021

A great way to do this is by hiring an assistant to handle specific tasks, and utilizing time-saving strategies to refine your own workflow. Traditionally, some appraisers have had “typists” type their reports. However, an assistant can do more than simple typing. However, an assistant can do more than simple typing.

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Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. HousingWire: As businesses of all types begin to rely more heavily on automation, is the mortgage industry doing enough to keep pace?

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Housing Wire

DECEMBER 6, 2022

Due to the historic refinance boom and massive uptick in homebuyer demand, the number of LOs nationwide ballooned to 353,119 in 2021, but by July 15 of this year, that number had dropped back down to 276,837. But some of those partnerships are getting turned on their head as the mortgage industry reckons with the housing market slowdown.

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Real Estate Real Estate Agent Clients Agents 368

Quicken Loans

SEPTEMBER 8, 2021

After all, refinances typically take a month or two to complete, and delays in getting your lender the information they need from you can stretch that timeline even further. What documents are needed for a mortgage refinance? Refinance Documents Checklist. Documents Needed For Signing At Mortgage Refinance Closing.

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Lamacchia Realty

OCTOBER 31, 2022

There are two types of common temporary buydowns, a 2-1 buydown, and a 1-year buydown. If rates decrease enough that it makes sense for the borrower to refinance, that money isn’t lost, the money is credited back to the borrower. The closing credit maximums depend on the type of the loan, but they range from 2% to as much as 6%.

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On Q Financial

MAY 19, 2021

Home Loan Options Refinance Information. FHA loans are excellent for first-time homebuyers as the guidelines are less stringent, and borrowers who already have an FHA loan could refinance with today’s lower rates. Reach Out Today to Learn More. New Home Loan Refinance Info. What Type of Home Applies?

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Quicken Loans

JANUARY 11, 2022

That’s because a VA loan is a type of home mortgage loan that offers preferred terms to borrowers who have served and currently serve our nation. What types of VA home loans are available? Types Of VA Loans. Several types of VA loans are available to eligible borrowers. Department of Veterans Affairs (VA).

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Assurance Financial

APRIL 18, 2022

One of the first things you learn when you’re in the market for a new home is that no house is perfect. Learn more about loan options for remodeling your home to see which one will work for you. But you need to choose the right type of mortgage. Refinance Loan. With a refinance, you trade one mortgage for another.

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Housing Wire

SEPTEMBER 14, 2020

Low interest rates have kept refinance loan volumes robust, but no one knows for how long. While other industries have learned to deliver high levels of customer engagement and satisfaction to online consumers, too many lenders are still originating loans much as they were 20 years ago. COVID-19 has put an end to that.

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AmeriMac

JUNE 14, 2023

In this blog post, we will cover all the essentials of desktop appraisals, including how they differ from other types of appraisals and how they work. This type of appraisal is faster than traditional methods, making it suitable for refinancing, portfolio valuation, and tax assessment purposes. What Is A Desktop Appraisal?

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Assurance Financial

DECEMBER 27, 2021

Whether you’re a first-time homebuyer or a homeowner looking to refinance your mortgage, the financial logistics of homeownership may have you asking some big questions. The type of interest rate you choose depends on many factors, and the best type of loan for your situation may even change over time. Refinance Guide.

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McKissock

OCTOBER 7, 2022

In this article, you’ll learn a few things you can do to increase your chances of finding the right supervisor. A while ago, I learned another unconventional way to introduce yourself from a certified appraiser. After all, not everyone will buy/sell or refinance their property. This is where your creativity comes in.

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Appraisal Real Estate Property Taxes Government 78

Appraisal Today

MARCH 15, 2024

Topics include: Diverse property types and uses Unique property characteristics Limited market activity and more Writing your rural property appraisal report – good ideas To read more, click here My comments: Worth reading, if only to find out about rural appraising. It is not hard to learn the valuation factors. percent from 12.7

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Assurance Financial

MAY 5, 2022

You may have to pay two different types of insurance. Learn how to build your credit to get a mortgage loan. Learn About Other Types of Loans. Most of these guidelines are in relation to conventional loans, but you may qualify for another type of loan. Learn more about VA loans and FHA loans.

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PennyMac

JULY 26, 2023

Second mortgages can be easier to qualify for than other types of loans and are often used to secure additional funds. Types of Second Mortgages A home equity loan and a home equity line of credit are the two types of loans that fall under the broad, informal category of “second mortgage.” How Does a Second Mortgage Work?

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PennyMac

DECEMBER 29, 2020

When you refinance your home, the process is similar to the one you followed when obtaining your original mortgage. As a result of a refinance, it’s common for your monthly payment and even your total loan amount to change — but will your property taxes go up? Ready to refinance now? Refinance Fearlessly.

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Real Estate Property Taxes Appraisal Loan Officers 36

Appraisal Today

APRIL 14, 2023

The terms “entrepreneurial incentive” and “entrepreneurial profit” are typically discussed in terms of investment property, but the principles involved can also be applied to the many fixer-uppers—whether the buyer is a “purely investor type” or an “owner occupied investor type.” The Refinance Index increased 0.1 Worth reading.

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Housing Wire

JANUARY 5, 2021

But the truth is, your down payment depends on your lender, credit score and the type of mortgage you qualify for. Keep reading to learn exactly how much you need to save before becoming a homeowner: What is a down payment? 5 reasons to refinance your mortgage right now. What type of loan: Conventional loan.

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PennyMac

APRIL 5, 2023

Can be arranged for both purchases and limited cash-out refinances. Whether you’re buying a new home or doing a limited cash-out refinance and replacing your current mortgage with a new, slightly larger mortgage, you may qualify for a temporary interest rate buydown. Below are a few different types of mortgage buydowns.

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Assurance Financial

JUNE 9, 2021

Still a great opportunity for new home buyers , or those who are looking to refinance. Is now the time to apply for a mortgage or refinance? Your personal credit history, the type of mortgage you apply for, the length of the loan and how much you borrow all affect your interest rate. Ready to take advantage of great rates?

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Mortgage Insurance Finance Buyers 69

Housing Wire

FEBRUARY 8, 2023

Among the most promising features of Sales Boomerang and Mortgage Coach’s BIP is its ability to learn from lenders and adapt over time. As Chief Visionary Officer Alex Kutsishin explained: “Our Borrower Intelligence Platform never sleeps. I guarantee it is unlike anything your loan team has tried before.”

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