Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” Martell believes there will not be “a zero commission” market. loanDepot recorded a non-GAAP adjusted net loss of $142.4 million in 2023, smaller than its $457.6 million loss in 2022.

Mortgage 299

Mortgage Real Estate Agent Real Estate Renovations 299

Housing Wire

APRIL 25, 2024

They could potentially advise their senior clients about the use of a reverse mortgage to protect against sequence-of-returns risk, where a reverse mortgage line of credit is tapped in times of market volatility until an investment portfolio stabilizes. Obviously, it’s hard to move right now, but people do have a lot of equity,” she said. “So,

Mortgage 310

Mortgage Finance Real Estate Best Value 310

Housing Wire

DECEMBER 8, 2023

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? Online and offline resources are at your fingertips.

Clients 409

Clients Real Estate Inspection Buyers 409

Housing Wire

APRIL 4, 2023

In light of the current bank crisis, Moon also clarifies on its website that crypto assets are not FDIC-insured products, meaning they may lose value. Moon Mortgage does not liquidate the investors’ collateral when crypto loses value unless it drops to a pre-agreed value during the underwriting process.

Mortgage 356

Mortgage Investors Retail Investing 356

Housing Wire

FEBRUARY 5, 2024

While we do not comment on pending litigation, Guild’s long-standing reputation for doing what’s right is built from our core values of integrity and respect, and we are committed to those values with every employee, client, and partner,” Guild said in a statement. Seely not working full time,” according to a recently filed lawsuit.

Retail 387

Retail Contracts Loan Officers Mortgage 387

Housing Wire

MARCH 8, 2024

Hometap, as an investor, provides cash in exchange for a share of their home’s future value. In return, Hometap receives an agreed-up percentage of the sale price or current appraised value. “We One is through the market that we’ve approached. Kim: There are a handful of home equity investment firms in the market.

Investing 341

Investing Real Estate Agent Marketing Real Estate 341

Housing Wire

MARCH 20, 2024

At the root of many of these predictions is the notion that the settlement agreement will result in a higher level of agent attrition than analysts would anticipate solely based on the housing market slowdown experienced over the past two years. “If For instance, Walmart’s value is very clear: ‘Everyday low prices.’

Brokerage 439

Brokerage Agents Realtors Real Estate 439

Housing Wire

NOVEMBER 2, 2023

Anytime we can eliminate redundancy or create more efficiency in the process, we’re obviously going to create more value for the customer that can be rolled over through more competitive rates,” Taylor said. Better Insurance is fully autonomous.

Insurance 368

Insurance Finance Mortgage Real Estate 368

Housing Wire

FEBRUARY 14, 2024

To me, branding a company is a chance to define yourself for the market and build a recognizable and memorable identity. Generally, a brand name will be easier to remember, which can only work to your advantage in a competitive housing market. Imagine you establish a brand and later want to expand into a new geographical market.

Real Estate Agent 429

Real Estate Agent Real Estate Agents Brokerage 429

Housing Wire

APRIL 1, 2024

Today’s unique market requires flexibility and a pricing engine that empowers lenders and their loan officers to put the right loan products in front of borrowers. Parvesh Sahi : It has always been important, but it’s now glaringly obvious in today’s market that lenders have to be able to react fast.

Loan Officers 378

Loan Officers Technology Tools Marketing 378

Appraisal Buzz

SEPTEMBER 26, 2022

Once upon a time, there was a rich nation which valued many things. They all liked value. They claimed to know value. Value was price. It was obvious. What is important is that everyone liked value, but everyone needed to have someone say the value is fair. There were many owners and “wannabe” owners.

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Market Value Sellers Buyers Finance 321

Cleveland Appraisal Blog

MAY 27, 2021

I must admit, in the past year, there have been times when I have felt like many buyers don’t really care about value anymore. While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. The buyers paid cash. Now more than ever!

Market Value 418

Market Value Appraisal Buyers Marketing 418

Housing Wire

OCTOBER 6, 2020

Are you considering putting your home on the market? If you know there’s something broken or needs renovation, then get it fixed before putting your home on the market. Updating your home’s siding can add as much as $13,000 to your resale value, and replacing the windows and doors can provide a sizable boost, too.

Renovations 479

Renovations Inspection Buyers Inventory 479

Housing Wire

FEBRUARY 28, 2024

“Since we started many years ago, and even since late 2022 when we bought the other half of it … Longbridge has been growing market share quite a bit. Penn cited the addition of servicing values, which he anticipates more of since they can serve as “a great ADE generator,” he explained. It’s been a tough business.

Mortgage 373

Mortgage Investors Retail Business 373

Appraisal Buzz

AUGUST 16, 2021

Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market. This is true, but the value of what.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. It’s a two-story housing market in Southern California,” Cohen said. Who are your main borrowers?

Marketing 336

Marketing Mortgage Inventory Loan Officers 336

Housing Wire

APRIL 28, 2023

Despite the mortgage industry suffering from thinning margins , some of Blend’s mortgage customers are growing their market share, and the firm’s non-mortgage customers are rapidly growing — positive signs for the company, Ghamsari emphasized. Markets are so low right now; it would just be very expensive to raise money.

Mortgage 356

Mortgage Investing Business Marketing 356

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85.

Marketing 364

Marketing Mortgage Investors Sellers 364

Appraisal Buzz

NOVEMBER 1, 2021

This article is the final submission in a 3-part series which uses probability theory as a useful tool for answering some of the difficult questions which have faced appraisers, particularly in rapidly changing market conditions. While that may seem obvious, the ‘why’ question here is important. See below for an illustration of this.

Appraisal 370

Appraisal Tools Legal Appraisal Process 370

Cleveland Appraisal Blog

APRIL 21, 2022

It’s tax appeal season and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their home for different reasons. Could being located next to a property that is an eye-sore cause a loss in market value to your home? Of course, that’s not the same as market value.

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

Housing Wire

JUNE 17, 2022

They had a young executive team who valued fresh ideas and were not afraid to train inexperienced novices like me. I learned the value of taking risks, not fearing change and learning from a collaborative team. HousingWire: What do you think will be the big themes for the housing market in 2022?

Modernization 317

Modernization Inventory Tools Lending 317

Housing Wire

NOVEMBER 17, 2022

According to industry leaders, the rule can force a sell-off wave, reduce values and put some lenders and services in a difficult spot. Of those issuers already compliant with RBCR, many have ample equity capital to support the acquisition of MSRs that may come on the market.” They will depress it (the market).

Marketing 382

Marketing Lending Mortgage Valuation 382

Housing Wire

FEBRUARY 8, 2024

And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. Jane Doe specializes in luxury markets.” After all, prospective clients are trusting you with one of their biggest financial decisions.

Real Estate Agent 389

Real Estate Agent Real Estate Agents Clients 389

Housing Wire

JULY 22, 2022

Chris Clow helps keep me apprised of what’s going on in my unique niche of the mortgage markets. I start my day with a cup of coffee and Chris Clow’s updates on the reverse mortgage market. It allows me to stay up to date with market news and ensures that I am well informed to make decisions that impact our business.

Technology 346

Technology Investors Housing Market Legal 346

Cleveland Appraisal Blog

NOVEMBER 11, 2021

One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. They are excellent at marketing. Just think how much more difficult it would have been to flip in a declining market.”

Market Value 364

Market Value Valuation Appraisal Real Estate 364

Housing Wire

NOVEMBER 13, 2023

The market sets the price of the home, and it cares little for closing costs — or what the homeowner invested in it — when determining the price for which it will sell. Aggregate data from the housing market would confirm this. They are wildly wrong Their statements are not only wrong, but they are wildly wrong.

Real Estate 354

Real Estate Realtors Agents Buyers 354

Housing Wire

OCTOBER 1, 2022

And, so far, in response to the current market headwinds, Homepoint has shrunk its workforce dramatically. ” Companies exiting the channel put additional pressure on AIME’s goal to propel the wholesale channel beyond 25% market share in 2022 and beyond. Obviously, conditions can change.

Finance 372

Finance Retail Lending Mortgage 372

Housing Wire

FEBRUARY 7, 2022

San Francisco-based fintech firm Unison plans several securitization deals to market in 2022, with private label offerings backed by home-equity assets. Unison expects to bring three additional securitization deals to market in 2022, according to a company executive. We [the shared home-equity industry] are not a multi-trillion market.

Investing 290

Investing Marketing Contracts Investors 290

Appraisal Buzz

MAY 9, 2022

The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? Many appraisers in urban areas like Chicago believe that the log home market is irrelevant and is not worth exploring. The answer is quite obvious. That’s hard to believe!

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Valuation Legal Construction Appraisal 396

Housing Wire

DECEMBER 27, 2023

The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about 2% in overall market share. United Wholesale Mortgage , the top lender in the country by volume, claimed just under 8% total market share over the first nine months of 2023.

Mortgage 391

Mortgage Retail Lending Sellers 391

Housing Wire

MARCH 21, 2022

When the time comes to enter the mergers and acquisitions stage, either to cash in or to accelerate growth, so many of these same professionals cast caution to the wind and step into the market with little to no experience or understanding of the possibilities. Understanding the state of the M&A market itself is just as important.

Business 331

Business Sellers Buyers Valuation 331

Housing Wire

JANUARY 4, 2024

When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the title for its commentary : “thud.” The obvious culprit is still rates. The increased maximum claim amount [i.e. the HECM limit] for 2024 should help volume, too.”

Mortgage 415

Mortgage Finance Business Home Value 415

Housing Wire

MARCH 25, 2022

Creating a large following on Instagram , he offers updates on the housing market, tips on the home-buying process and so much more. Those that leverage technology to reach more, do more and provide more value will ultimately outlast the competition. HousingWire: What do you think will be the big themes for the housing market in 2022?

Inventory 350

Inventory Technology Real Estate Agent Tools 350

Housing Wire

MAY 3, 2022

Surging house prices have made home equity products an obvious choice for lenders to invest in, given the value of homes used as collateral for such loans are rising. The new unit includes the customer contact center, the mello DataMart, and the performance marketing engine. market share for the entire year, up from 2.5%

Renovations 397

Renovations Loan Officers Technology Mortgage 397

Cleveland Appraisal Blog

JANUARY 7, 2021

It can be easy to over-simplify value because value is not always as clear cut as it appears. The value of something usually changes depending on its size. Cue Captain Obvious.). What may not be so obvious, is that the value per unit of measurement of an item, usually decreases as the size increases.

Appraisal 344

Appraisal Legal Inspection Real Estate 344

Housing Wire

FEBRUARY 25, 2022

Chris Heller: “ Have you clearly defined your brokerage’s value proposition? HousingWire: What do you think will be the big themes for the housing market in 2022? Chris Heller: The obvious things are a rise in interest rates, low inventory and high demand in the first half of the year. ” by Tracey Velt.

Real Estate 384

Real Estate Inventory Brokerage Agents 384

Housing Wire

MAY 5, 2022

billion mega-deal announced on Wednesday to acquire Black Knight will not harm competition in the mortgage tech solutions market. The software and data company also needs approval from Black Knight’s shareholders to move forward with the transaction, which valued the business at $85 per share, a 23% premium compared to the current price.

Technology 382

Technology Business Mortgage Legal 382