Housing Wire

OCTOBER 21, 2022

Friedman said that as volume slows down, they also see more calls from borrowers wanting to understand what their options are in terms of refinancing a loan at a lower mortgage rate or looking at loan modification. As mortgage rates continue to rise, originations are not the only side of the industry affected. Communication is key.

Mortgage 369

Mortgage Investors Lending Property Taxes 369

Housing Wire

AUGUST 8, 2022

Cash-out refinancings dropped by 14.1% In light of this, HousingWire recently caught up with Teraverde’s Rob Peterson to learn more about what lenders need to succeed in today’s lending environment. Rate lock volume in July fell 14.4% The decline was led by 16.9% drop in rate/term refinance locks, which are down 93.6%

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Lending Mortgage Housing Market Home Value 384

Housing Wire

SEPTEMBER 7, 2022

As the lending arm of mortgage companies can no longer depend on new loans or the rate-based refinancing that’s kept them afloat throughout the pandemic, the value of mortgage servicing rights is serving as a lifeline. Embedded insurance” is changing what it looks like to shop for insurance. The short-term solution?

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Insurance Mortgage Business Lending 410

Housing Wire

MAY 17, 2023

Many people, especially if they have multiple accounts, don’t always have a real day-to-day understanding of what’s happening from a cash-flow perspective. And that’s really what this has done. “In some ways, the strategy is similar to a bank, but it’s quite different in other ways.

Marketing 368

Marketing Clients Mortgage Business 368

Housing Wire

SEPTEMBER 22, 2023

Read on to learn more about Duncan’s views on the housing market, loan performance and affordability challenges homebuyers face. We don’t know what third-quarter growth was. What are the reasons for that? However, a silver lining in the subdued housing market is the strength in new-home sales.

Housing Market 450

Housing Market Marketing Buyers Investors 450

Housing Wire

MAY 5, 2022

What lenders should know about today’s economic climate. Learn how updating your mortgage technology stack can help you get ahead in today’s unpredictable lending environment. “Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009,” Khater said in a statement. from the previous week.

Mortgage 370

Mortgage Buyers Government Lending 370

Housing Wire

MAY 19, 2022

What we really focus on is meeting our customers where they are at.”. When ARMs do start showing up in securitization deals, however, she said Moody’s is well-equipped to assess the risk of those offerings. All of those products have features, maybe bank statement, asset utilization — you name it.

Loan Officers 450

Loan Officers Lending Mortgage Housing Market 450

Housing Wire

JULY 29, 2021

If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability. Those ultra-low rates naturally resulted in a sharp uptick in refinancing activity. Presented by: Black Knight. A year ago at this time, the 30-year fixed-rate mortgage averaged 2.99%.

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Mortgage Valuation Investors Housing Market 421

Housing Wire

JANUARY 12, 2023

Of course, a lot of lenders pulled back on home equity products and services when refinancing activity surged and moved the bulk of resources to the more profitable first mortgage space. First, think about your organization’s priorities and what kind of support you need. Black Knight’s report of a $1.2

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Technology Inspection Valuation Tools 397

Housing Wire

MAY 18, 2022

This can serve the borrower in two ways: it protects against a market decline, and it allows the loan to be refinanced when market conditions (such as home appreciation, interest rates, and/or change in spousal status) warrant. What can lenders do to dispel this common misconception with their clients? Not tax advice.

Mortgage 397

Mortgage Clients Insurance Tools 397

Housing Wire

FEBRUARY 8, 2022

Newport Beach, California-based Excelerate Capital , a long-time non-QM lender with a growing market presence, finalized its acquisition of Castle Mortgage Corp. in early 2021 as part of a larger plan to expand its origination reach beyond California — with the goal of creating a national lending footprint. .

Marketing 370

Marketing Retail Lending Mortgage 370

Appraisal Hub

OCTOBER 12, 2021

A property appraisal is also known as real estate appraisal and it can help you learn your property’s real market value in Toronto. For refinancing and home loans. Lenders typically require a new property appraisal to be done by a qualified property appraiser before they set the refinancing terms and loan amount.

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Property Appraisal Appraisal Market Value Real Estate 78

Housing Wire

FEBRUARY 21, 2023

Learn quickly. Demand in the mortgage market has declined roughly 60% to 65% due to higher interest rates, affecting both refinancing and purchase markets, according to Kevin Barker, a managing director and senior research analyst at Piper Sandler, who covers mortgage companies. That was new back then. With the Feb. 28 earnings call.

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Clients Mortgage Business Home Value 365

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?” What type of appraisal has seen the MOST growth in demand due to COVID-19? Learn more. Read the full survey results below. Want to participate?

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Appraisal Real Estate Renovations Inspection 96

Housing Wire

SEPTEMBER 15, 2020

Since March, Notarize said its business rose exponentially – by over 500% – since the COVID-19 pandemic forced businesses and consumers to rely on remote, digital notarizations to complete critical transactions, including commercial agreements, retirement withdrawals, healthcare proxies, home closings and refinancings.

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Business Law Real Estate Investors 491

PennyMac

FEBRUARY 12, 2021

In such cases, you may want to consider refinancing your FHA loan into a conventional mortgage. However, before we dive into the pros and cons of refinancing from an FHA to conventional loan, it’s important to learn the basics of these mortgage insurance premiums and costs. *. Learn more below.).

Insurance 59

Insurance Loan Officers Finance Mortgage 59

Assurance Financial

MARCH 2, 2021

Is Refinancing a Bad Idea? A mortgage is a tremendous responsibility — so you need a reliable understanding of whether refinancing is a good or bad idea. The guide below will lay out some of the pros and cons to help you make sure you’re refinancing your home for the right reasons. Should You Refinance Your Home?

Investing 69

Investing Mortgage Home Value Marketing 69

PennyMac

SEPTEMBER 16, 2021

Benefits of refinancing. What Is the Adverse Market Refinance Fee? 05% Adverse Market Refinance Fee was a fee added to refinanced mortgages backed by government agencies in 2020. This development is excellent news for homeowners who are, or have been, thinking about refinancing their mortgages. Convert to a fixed rate.

Marketing 36

Marketing Loan Officers Finance Government 36

Raleigh Realty

MARCH 29, 2021

Income limitations or frequent moves can make homeownership seem out of reach - that's what we are here for To help make your home purchase easy and successful. Think of equity as the amount of money your home is worth after what you owe is deducted. You'd be using your new loan to pay off what remains of the old loan.

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Government Real Estate Agent Insurance Property Taxes 148

Appraisal Hub

JANUARY 6, 2021

Do you need to learn your home’s real market value? Knowing the actual market value of your home can be practical in different situations, such as when buying or selling, applying for a home equity loan, refinancing, or when verifying if your property can serve as collateral for cash or a small business loan. How it’s done.

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Appraisal Property Appraisal Inspection Market Value 78

Assurance Financial

DECEMBER 27, 2021

From receiving your first mortgage to refinancing for a better rate, this guide will walk you through everything you need to know about interest rate types so you’ll be a more informed homebuyer! What Is a Fixed-Rate Mortgage? What Is an Adjustable-Rate Mortgage? Interest rates can be fixed or adjustable.

Mortgage 74

Mortgage Finance Logistics Marketing 74

McKissock

MAY 26, 2023

This month we asked our appraisal community, “What’s the BEST way to survive a slow market as an appraiser?” What’s the BEST way to survive a slow real estate market? ” “Being the best at what you do results in business finding you, not the need for you to go find business!”

Real Estate 64

Real Estate Appraisal Marketing Business 64

Will Springer Realtor

OCTOBER 17, 2023

The funds are typically repaid when buyers eventually sell the home or when refinancing their mortgage. They are often funded by state housing finance agencies and may subsidize portions of the interest to offer rates below what the normal market can provide, helping to lower buying costs and monthly payments.

Buyers 63

Buyers Government Finance Mortgage 63

Cornerstone

FEBRUARY 9, 2021

You could put your equity gains (soaring to an impressive average of $17,000 ) from your current home toward a new down payment — securing more room if you’re working at home or have kids learning remotely. But what matters is deciding when the timing is right. Reading Time: 2 minutes. Purchase your first home.

Mortgage 55

Mortgage Finance Marketing 55

PennyMac

JULY 26, 2023

What Is a Second Mortgage? What Can I Use a Second Mortgage for? Just like any other loan, there are some essential components you should know about second mortgages before you begin the application process. This loan is called a “second mortgage” because it comes in second lien position behind the existing loan on your property.

Mortgage 36

Mortgage Home Improvement Renovations Lending 36

D Fritz Appraisals

OCTOBER 22, 2019

What to Look for in a Home Appraisal Company. you want a second opinion to compare with what a previous company gave you. you want a second opinion to compare with what a previous company gave you. So, when it’s up to you, how do you know what property appraisal company to hire? Longevity in the Industry.

Appraisal 78

Appraisal Property Appraisal Real Estate Appraisal Process 78

PennyMac

OCTOBER 4, 2022

Sellers, buyers, and refinancers should all be familiar with appraisals and how they fit in the homebuying/selling or mortgage process. What Is a Home Appraisal? It requires an unbiased and professional opinion on the value of a home, specifically when a home is being bought, sold, or refinanced through a mortgage.

Appraisal 36

Appraisal Sellers Buyers Contracts 36

PennyMac

DECEMBER 23, 2020

But what does this mean for you and your monthly mortgage payment? What causes the Fed’s rate decisions? While one can always try to make an educated guess, the one standard we can rely on is that we never know what the Fed is going to decide is best for the economy at any given time and how rates may fluctuate as a result.

Mortgage 36

Mortgage Lending Loan Officers Home Value 36

Housing Wire

MARCH 11, 2024

Here why CreditXpert’s new platform — that combines the best of Wayfinder and the What-if Simulator — can help you reach more buyers and close more loans. HW: CreditXpert has been in the industry since the early 2000s with tools like Wayfinder and What-if Simulator, why introduce a new platform now?

Buyers 431

Buyers Tools Mortgage Lending 431

Clear Capital

APRIL 1, 2024

What is home equity lending? Cash-out refinance The process of paying off an existing mortgage loan with a new loan is called mortgage refinancing. Home equity lending is a hot topic, with homeowners boasting near-record amounts of equity. It’s a great time for lenders to climb aboard the home equity lending bandwagon.

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Lending Valuation Home Value Design 36

Listing Spark

FEBRUARY 9, 2023

Whether you are selling your home or refinancing, it’s likely that the success of the transaction will rely on a home appraisal. What is a home appraisal? What does a home appraisal consist of? However, many people don’t understand how appraisals work, who orders them, or how much they cost.

Appraisal 36

Appraisal Sellers Market Value Contracts 36

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. You’ll require a home appraisal report before refinancing your home. How Long Does a Home Appraisal Take? Prepare Yourself.

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. You’ll require a home appraisal report before refinancing your home. How Long Does a Home Appraisal Take? Prepare Yourself.

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

Hank Miller Team

AUGUST 14, 2022

What if instead of the relentless, bombastic blathering emanating from the media, time was given for patterns to develop? What if the Atlanta real estate market isn’t going to crash? What if this is a period of adjustment and a return to normal? Yeah, what ifs are risky and there are many variables.

Real Estate 40

Real Estate Marketing Contracts Inventory 40

McKissock

APRIL 16, 2021

This recent HousingWire article reports, “The gap between appraisal and what buyers are willing to pay in one of the wildest real estate markets in modern history has created friction between agents, lenders and appraisers working under stressful conditions.” ” Read the full article here. McKissock is your appraisal wingman.

Housing Market 59

Housing Market Appraisal Marketing Real Estate Agent 59

AmeriMac

MAY 24, 2023

In this blog, we will dive deep into what commercial real estate appraisals entail, why they are so important, who conducts them, and how much they cost. What is a commercial real estate appraisal? What is the overall commercial real estate appraisal process? What are the specific types of commercial appraisals?

Real Estate 36

Real Estate Appraisal Appraisal Process Market Value 36

Cornerstone

APRIL 30, 2021

Back then, buyer demand was temporarily fueled by what’s been called “irrational exuberance ,” but current optimism in today’s housing market is backed by data. But with rates still around record lows, homebuyer demand is even greater. It’s an ideal time for sellers to take advantage. percent from the year before.

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Sellers Buyers Inventory Loan Officers 66