Housing Wire

JANUARY 31, 2024

Finance of America Companies (FOA) President Kristen Sieffert is bullish on the prospects for the reverse mortgage industry’s leading lender in 2024, particularly after the company went through a series of major changes last year, including the acquisition of American Advisors Group (AAG). It was also the area where we were the most evolved.

Mortgage 339

Mortgage Finance Business Development 339

Housing Wire

NOVEMBER 15, 2023

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. Terms of the deal were not disclosed.

Valuation 383

Valuation Technology Clients Modernization 383

Housing Wire

OCTOBER 10, 2022

Ohio-based mortgage lender Lower imposed a round of layoffs last week due to market conditions, affecting 6% of its workforce, according to a spokesperson for the company. The Fed has increased the federal funds rate by 300 basis points so far this year to control surging inflation, resulting in a “ reset” of the mortgage market.

Retail 387

Retail Loan Officers Modernization Training 387

Housing Wire

DECEMBER 7, 2023

Watch Now The challenge and power of updating your brand Speaker: WeiLing Jang, Chief Marketing Officer, CoreLogic.

Modernization 385

Modernization Retail Valuation Insurance 385

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. At ICE Mortgage Technology , we are transforming and digitizing the U.S.

Modernization 67

Modernization Technology Appraisal Mortgage 67

The Robert Weiler Company

SEPTEMBER 23, 2021

NOI is a figure – not a calculation – that is, the amount of income the asset yields after operating expenses (including vacancy and loss) and before the mortgage is paid. Not only that, but you want those transit links to be modern, well funded, and in high use. Swimming in Success: Restaurant and Retail Space.

Retail 158

Retail Real Estate Business Training 158

Housing Wire

APRIL 7, 2023

When this back and forth was unfolding, mortgage demand rose 2.9% compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. Let’s look at the retail industry, for instance.

Retail 368

Retail Real Estate Clients Modernization 368

Housing Wire

AUGUST 2, 2023

The policies help determine proper conduct regarding the independence of the appraisal entity during the mortgage origination process. The first is “to clarify that mortgage brokers, LOs production staff are not allowed to order appraisals” or to even be involved in the collateral valuation process at all. “The

Appraisal 301

Appraisal Valuation Design Modernization 301

Housing Wire

SEPTEMBER 9, 2022

As a financial technologist specializing in mortgage since long before “fintech” was a thing, I appreciate how tough market cycles force us to focus. For some individuals and companies, this is your first mortgage down cycle. Warm spots in the fintech & mortgage winter. Mortgage & fintech companies must focus.

Modernization 431

Modernization Valuation Mortgage Retail 431

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. United Wholesale Mortgage (UWM) is solely focused on growing the wholesale channel and helping independent brokers thrive. “At 1 wholesale mortgage lender in the nation for six years running.

Tools 306

Tools Training Technology Clients 306

Housing Wire

AUGUST 1, 2023

From leading mortgage companies and real estate firms to spearheading groundbreaking initiatives and driving policy reforms, these honorees are making an indelible impact on housing.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

Marketing 361

Marketing Loan Officers Business Mortgage 361

Housing Wire

JANUARY 27, 2022

alleging that the bank carried out redlining in its mortgage lending practices. The complaint alleged that Old National Bank structured its business to avoid extending mortgage credit to Black residents and neighborhoods in the Indianapolis area, and that the bank made many fewer loans to Black applicants than its peers did.

Advertising 379

Advertising Modernization Retail Development 379

Housing Wire

DECEMBER 30, 2022

The first is the overall business transformation that’s taking place in the mortgage industry. We’re seeing new energy and new initiatives in this area at many mortgage and housing agencies. That I’m proud of the role that they are playing in helping modernize mortgage production and the secondary market? Because I am.

Lending 347

Lending Transportation Government Mortgage 347

Housing Wire

DECEMBER 6, 2021

Thanks to the fact that most auto retailers list their product and pricing online, this process was easy for me to complete on my own time. However, consider the sharp contrast between online vehicle shopping and the typical mortgage shopping experience. A Broken Shopping Experience.

Technology 338

Technology Lending Modernization Clients 338

Housing Wire

JUNE 30, 2021

In today’s booming housing market, mortgage brokers want to be able to close loans faster and more efficiently. With precise goals and a commitment to the mortgage industry’s future, Sierra Pacific is focused on supporting its partners with industry expertise, collaboration and an array of product offerings”.

Technology 207

Technology Modernization Retail Clients 207

Housing Wire

MARCH 7, 2024

Finance of America Companies (FOA), parent of leading reverse mortgage lender Finance of America Reverse (FAR), narrowed its quarterly loss to $20 million and posted an overall improvement in its earnings to $164.7 As Graham mentioned, our vision is to make home equity an essential part of a modern, mainstream retirement plan,” Sieffert said.

Mortgage 364

Mortgage Marketing Modernization Retail 364

Housing Wire

OCTOBER 2, 2020

AmeriHome on Thursday became the latest mortgage lender to file for a public offering, the latest to do so amid a coronavirus pandemic that has helped spur record origination volume this year. AmeriHome uses the bank Cenlar to subservice 99% of its mortgage loans. And the servicing portfolio – where it earns fees between 25 and 56.5

Valuation 254

Valuation Mortgage Business Modernization 254

Appraisal Today

NOVEMBER 24, 2023

The Surfing Appraiser Riding the Waves of Up and Down Mortgage Rates By Mark Buhler Excerpts: Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Once again, modern brain-body science jumps ahead and teaches me things. Mortgage applications increased 3.0 Even better.

Appraisal 74

Appraisal Mortgage Business Contracts 74

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

Appraisal 69

Appraisal Inspection Modernization Business 69

Appraisal Today

APRIL 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, forms to reports modernization, AMCs, earthquake risk, unusual homes, mortgage origination stats, etc. == == Rare Coastal Contemporary Manchester, MA, for $9M Excerpts: 5 bedroom, 4.5 Mortgage applications increased 3.3

Appraisal 67

Appraisal Contracts Valuation Design 67

Appraisal Today

JANUARY 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M Mortgage applications decreased 9.4 Excerpts: 4 Bedrooms, 4.5

Appraisal 74

Appraisal Contracts Legal Business 74

Appraisal Today

JULY 1, 2023

Their volume went up and down with mortgage rates, but they always had some appraisals to fee out. NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. More Crazy Appraiser Stories! Just wait.

Appraisal 85

Appraisal Contracts Market Value Mortgage 85

McKissock

JUNE 22, 2021

Job aid: Big Box Retail Valuations. This job aid provides in-depth guidance on appraising a big box retail property. The useful and practical information within this guide is intended to enhance and strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value.

Reconsideration of Value 52

Reconsideration of Value Appraisal Real Estate Retail 52

Appraisal Today

DECEMBER 16, 2022

Industry Insider Insight on Risk and Modernization. Fannie New Appraisal Form Modernization. NOTE: Please scroll down to read the other topics in this long blog post on Fannie December newsletter, estate appraisals real estate market, unusual homes, mortgage origination stats, etc. Mortgage applications increased 3.2

Modernization 52

Modernization Appraisal Contracts Real Estate 52

Housing Wire

FEBRUARY 8, 2023

When mass-market loan origination systems emerged on the scene in the early 1990s, they revolutionized the mortgage workplace by allowing originators to save loan files on a personal computer and share them across local networks — a huge step up from typewritten applications and mainframe computing.

Loan Officers 71

Loan Officers Technology Lending Transportation 71

Appraisal Today

APRIL 21, 2023

Despite the fresh coat of paint and a small but modernized kitchen and bath, the home retains many of its original features, including the loft bedroom, where the school’s headmistress once slept. Among the DOJ’s findings, from 2015 to 2021, all but one of the 101 mortgage lenders PNB employed in the lending area were white.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Appraisal Today

JULY 28, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, USPAP and Bias, Fannie changes, unusual homes, mortgage origination Futuristic in Folsom, CA, near Sacramento for $2,395,000 4bed 4.5+bath Varies widely around the country. == Mortgage applications decreased 1.8 There is none of this!

Appraisal 79

Appraisal Contracts Mortgage Clients 79

Appraisal Today

MARCH 8, 2024

NOTE: Please scroll down to read the other topics in this long blog post on property data collectors, economic analysis, managing your email inbox, unusual homes, mortgage origination stats, etc. percent from one week earlier = Mortgage applications increased 9.7 March 6, 2024) — Mortgage applications increased 9.7 by year-end.

Appraisal 81

Appraisal Contracts Real Estate Housing Market 81

Appraisal Today

JUNE 16, 2023

NOTE: Please scroll down to read the other topics in this long blog post Non-lender appraisals, ROVs, appraisal business, unusual homes, mortgage origination stats, etc. The finished mansion took nearly twenty years and its distinctive style is simultaneously primitive and modern, blending well into the high desert landscape.

Appraisal 74

Appraisal Contracts Design Mortgage 74

Genworth MI Blog

MAY 28, 2020

In fact, some of the modern manufactured homes are constructed with a level of quality, features, and amenities that exceed those found in many new site-built homes. Myth 2: Manufactured Homes Are Lower Quality Than Site-Built Homes. Myth 3: Manufactured Homes Deteriorate Like a Car or Camper. Reduction of risks from weather (e.g.

Construction 148

Construction Loan Officers Training Lending 148

Appraisal Today

APRIL 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. The One-Mile Rule: Prudent Policy or Modern Day Redlining? April 24, 2024) — Mortgage applications decreased 2.7

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Appraisal Today

APRIL 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on appraiser discrimination lawsuit, waivers, staying positive with slow business, appraiser’s economic forecast, unusual homes, mortgage origination stats, etc. Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture.

Appraisal 76

Appraisal Contracts Business Construction 76

Appraisal Today

AUGUST 18, 2023

With the GSE appraisal modernization program, appraisers will more likely be asked to complete desktop or hybrid appraisal assignments in the future. Varies widely around the country. == Mortgage applications decreased 0.8 August 16, 2023) — Mortgage applications decreased 0.8 There may be more information now. percent from 13.6

Appraisal 74

Appraisal Contracts Inspection Real Estate 74

Appraisal Today

AUGUST 4, 2023

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting. They really help.

Appraisal 71

Appraisal Business Contracts Real Estate 71

Appraisal Today

AUGUST 5, 2022

My comments : The big push to cut down on appraisal turn times because of the appraisal shortage is Very Old News since mortgage volume has plummeted. NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, unusual homes, mortgage origination stats, etc.

Appraisal 59

Appraisal Valuation Contracts Modernization 59

Housing Wire

AUGUST 17, 2022

Mortgage lender Angel Oak Home Loans has implemented SimpleNexus ‘ all-in-one mortgage app to streamline its loan origination process. The Atlanta mortgage lender, which offers agency and non-qualified mortgage (non-QM) products, will implement the tech firm’s Nexus Origination and Nexus Engagement tools.

Lending 365

Lending Real Estate Agent Real Estate Technology 365