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eXp and Kind plan mortgage JV by October

Housing Wire

Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The company will be headquartered in Santa Ana, California, Stearns said, home of Kind Lending. billion market capitalization, less than half of its previous market value.

Mortgage 381
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LoanDepot says it’s going public (for real this time)

Housing Wire

In September, Bloomberg reported that loanDepot, which operates in retail, wholesale and correspondent channels, was eyeing an IPO that would see it valued at between $12 billion and $15 billion. At the time, loanDepot had sought a market value of $2.4 billion to $2.6

Retail 420
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Finance of America asks investors to look beyond traditional mortgage

Housing Wire

Amid a tough environment for forward mortgage lending, Finance of America is betting on specialty finance & services products – reverse mortgages, investor loans, commercial loans – which are expected to deliver most of the return this year. On Wednesday, its market value was $191.5 billion, up 107%.

Finance 362
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Impact of COVID-19 On Appraisals

Simonson Real Estate

The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Since COVID, one key area that takes on heightened importance is our regional and local market analysis section’s current environment. Regional Analysis is Relevant.

Appraisal 143
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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

More specifically, that means targeting an unemployment rate close to 4%, inflation close to 2%, and using regulatory tools to prevent unsound lending or other financial imbalances. When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated.

Marketing 444
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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

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NAR Appraiser Survey July, 2023

Appraisal Today

Richard Hagar, SRA, has a good book on Dave Towne’s comments (and many other client issues): For more info click here == Private money lending – no UAD, computer “reviews”, low fees, etc. The article includes lots of marketing tips, such as how to find the lenders, they want an accurate value and full disclosures, etc.