Housing Wire

OCTOBER 9, 2023

According to the Illinois Department of Financial and Professional Regulation (IDFPR)’s Division of Real Estate, there is no “real estate salesperson” or “real estate agent” license in Illinois. 2] DID YOU KNOW? Anyone who wants to buy and sell real estate in Illinois must possess a real estate broker license. [1]

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Real Estate Agent Real Estate Agents Brokerage 405

Housing Wire

NOVEMBER 8, 2023

Current legislative proposals would require states to “mandate a real estate-related disclosure form with specific flood-related questions,” which would require 49 states to “make significant amendments to its laws and regulations” leading to an administrative and enforcement burden, NAR said.

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Housing Wire

MARCH 11, 2024

By investing in education now, you’ll be ready to capitalize on a potential market rebound and set your agency apart from the competition. To save time and energy, title insurance professionals can leverage resources from industry underwriters, vendors and associations for continuous education and training.

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Training Insurance Development Client Relationships 346

Housing Wire

SEPTEMBER 7, 2023

At ULI, she created and grew the group’s online education efforts. Her teams designed and delivered ULI’s signature educational programs, including Product Councils, UrbanPlan, University Connections, Awards, and ULI Learning. Those agencies and GSEs are also pushing more use of automated valuation models (AVMs).

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Appraisal Valuation Government Modernization 346

Housing Wire

APRIL 17, 2024

Once federal regulations were adopted some years ago, the Home Equity Conversion Mortgage (HECM) eliminated many of the problems we came to associate with the term reverse mortgage,” Robinson told the MarketWatch blog. A 2023 study published by Mutual of Omaha Mortgage suggested that misunderstandings about reverse mortgages remain rampant.

Property Taxes 427

Property Taxes Mortgage Tools Clients 427

George Dell

NOVEMBER 30, 2022

The ups and downs persist due to the interaction of the five forces of friction: practices, standards, education, regulation, and client expectation. Education appeared first on George Dell, SRA, MAI, ASA, CRE. These five frictions reinforce and shield each other. The post Excess of Appraisers?

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Appraisal Valuation Clients 195

Housing Wire

FEBRUARY 9, 2023

Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice , who created the two entities about 20 years ago. AEL’s education products, communication skills and conference management skills will “raise the bar” for both the conference and the newsletter, she added.

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Valuation Appraisal Training Real Estate 365

Housing Wire

MAY 18, 2022

John Ryan, longtime CEO of the Conference of State Bank Supervisors , a national trade association of state financial regulators, died unexpectedly Monday night in Washington, D.C. The mastermind of the scheme settled with state financial regulators for $75,000. Ryan held numerous positions at CSBS during the past several decades.

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Loan Officers Mortgage Government Marketing 377

Housing Wire

FEBRUARY 21, 2024

In this climate of cautious optimism, industry veteran Paul Gigliotti is spearheading an innovative educational venture that’s tailored to the evolving needs of mortgage company executives and recruiters. In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals.

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Housing Market Mortgage Marketing Real Estate 353

Housing Wire

FEBRUARY 12, 2024

Whether you want an audio course you can listen to on the go or a program you can complete on your mobile phone, these big players in real estate education offer the best programs, learning materials, and formats to help you meet your career goals. Easy access to instructors to ask for help. Career mentoring opportunities. out of 5 stars.

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Real Estate Real Estate Agent Agents Tools 410

Housing Wire

JANUARY 10, 2024

“The knowledge and competency gap from the most to the least is very large, due to the low barriers to entry, low continuing education requirements, and the lure of quickly making big dollars,” the NAR study reads. He notes there is significant variance in requirements from state to state.

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Agents Real Estate Real Estate Agent Training 430

George Dell

DECEMBER 22, 2021

If education regurgitates only prior ‘established, time-tested’ methods, nothing happens. This is the fourth in our series on how progress in appraisal is stymied by the five frictions: process, standards, education, client expectation, and regulation. Stale education perpetuates appraisal […].

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Appraisal Clients 195

Housing Wire

APRIL 10, 2024

Examiners found that institutions had violated Section 8 of the Real Estate Settlement Procedures Act (RESPA) and its implementation rule, Regulation X. These services include educating the borrower, explaining the different loan types, and demonstrating monthly payments.

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Brokerage Mortgage Development Insurance 384

Housing Wire

NOVEMBER 30, 2023

Post-licensing courses meet Illinois’ 45-hour post-licensing continuing education, which is required every 2 years. Visit Website Overview Colibri Real Estate is a licensed real estate education provider in Illinois with more than 132 instructors experienced in real estate sales and teaching best practices.

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Real Estate Realtors Real Estate Agent Law 414

Housing Wire

MARCH 28, 2024

Invest in continuing education: Get up to date on the latest trends, regulations, and technologies in the real estate industry by investing in ongoing education and training. Foster relationships with other real estate professionals, potential clients, and relevant service providers.

Real Estate Agent 395

Real Estate Agent Real Estate Agents Clients 395

George Dell

JANUARY 12, 2022

Innovation and leadership in knowledge and education has declined. Replaced by licensing, outdated appraisal processes, echoed education, and octopus-like regulation. You’d think client/user expectation would follow wise professional leadership. Pride in designations are diminished.

Appraisal 195

Appraisal Appraisal Process Design Clients 195

George Dell

SEPTEMBER 28, 2022

We have questioned the first two of the five frictions on modernization: practices, standards, education, regulation and client expectation. Editor’s Note: This is Part 3 of the series on Excess of Appraisers and how this cyclical phenomenon is affected by the five frictions of modernization. In this […].

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Appraisal Modernization Clients 195

Housing Wire

SEPTEMBER 28, 2023

Alongside the flood risk disclosure bill, Hochul also signed into law a measure requiring the state’s Department of Environmental Conservation to “implement permit regulations and guidance pertaining to nature-based solutions for shoreline management.”

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Law Insurance Real Property Tools 397

George Dell

JULY 13, 2022

It persists by the five forces of friction: practices, standards education, regulation, and client expectation. How do Standards effect the excess of appraisers? The excess of appraisers is cyclical. In this blog issue, we consider the second friction (appraisal standards).

Appraisal 195

Appraisal Valuation Clients 195

Appraisal Buzz

JUNE 7, 2021

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. I provide services to appraisers, banks, technology firms, education providers, appraisal management companies, and attorneys. Can’t make the time?

Training 366

Training Reconsideration of Value Valuation Clients 366

Appraisal Buzz

JANUARY 21, 2022

State regulators have reached a settlement with 400 mortgage loan originators who falsely claimed to have completed their SAFE Act-mandated education requirements. The post Enforcement Actions Taken Against 400 MLOs Over SAFE Act Violations appeared first on DSNews.

Appraisal 195

Appraisal Mortgage 195

George Dell

MAY 11, 2022

Let’s take a look at standards, education, regulations, and the GSE (Government Sponsored Enterprises). Market area, District, Neighborhood – what do our directives say? First, let’s set a goal: What is the ideal comparable data to analyze? How big, how similar, and how competitive should it be?

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Government Marketing 195

Housing Wire

MARCH 10, 2023

This week, the Community Home Lenders of America (CHLA) released a special report entitled “The Ubiquity of IMB Regulation.” To rebut this, the CHLA report comprehensively lists the numerous financial regulations that IMBs are subject to. But the biggest myth of all is that IMBs are unregulated. Are these bank-like capital standards?

Mortgage 357

Mortgage Business Insurance Marketing 357

George Dell

DECEMBER 15, 2021

This is third in a series, as we look at this question from the viewpoints five forces of friction: process, standards, education, client expectation, and regulation. Obsolete — Standards?! This issue is about valuation standards. We will end with part 7: the mystery solution.

Appraisal 195

Appraisal Valuation Clients 195

Housing Wire

APRIL 18, 2022

Initiatives to increase housing affordability have policymakers and regulators, among other stakeholders, seeking opportunities to help consumers with affordability challenges. As I’ll explain, there is rigorous regulation of our industry and federal disclosure requirements for all fees associated with obtaining a mortgage.

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Insurance Real Estate Agent Development Real Estate 385

Housing Wire

JANUARY 19, 2023

But in 1868, a Pennsylvania Supreme Court decision led to the codification of the incorporation and regulation of title insurance companies into law. Importantly, there are also real questions about how these alternative products will be regulated and who will provide oversight.

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Insurance HOA Real Estate Law 449

Housing Wire

DECEMBER 26, 2023

Courses are self-paced so you can plan your education around your schedule. All post-licensing courses meet NC’s 90-hour continuing education requirement for first-time renewals, which must be completed within the first 18 months of licensure. Treated like a 40-hour work week, your education can be completed in as little as two weeks.

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Real Estate Real Estate Agent Design Law 400

Housing Wire

AUGUST 10, 2021

Our goal is to educate on the facts and help them grow their business. Regulations and underlying credit conditions are held to a high standard of scrutiny regardless of loan type. We adhere to all regulations as set forth by the law. Many sub-prime loans that were issued in the past would not pass underwriting guidelines today.

Mortgage 370

Mortgage Law Business Investors 370

Housing Wire

SEPTEMBER 21, 2020

Usually, federal regulators would speak in unison on proposals to revamp rules such as the CRA, but the Fed and the Federal Deposit Insurance Corp. And, the gap in homeownership rates between Black and White households remains significant today, even when controlling for differences in income and education,” Brainard said.

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Modernization Law Insurance Finance 425

Housing Wire

JANUARY 2, 2024

Enroll + SAVE 30% Use Promo Code HW30 Overview The CE Shop is an education provider that specializes in online real estate education. The CE Shop’s post-licensing courses meet Pennsylvania’s 14-hour continuing education requirement for first-time renewals. out of 5 stars Rating: 4.5 Features Course Formats: Self-paced online.

Real Estate 369

Real Estate Real Estate Agent Agents Development 369

Housing Wire

MARCH 31, 2021

The above agencies also signed a statement outlining flexibilities on industry appraisal standards and then addressed appraisal regulations for Fannie and Freddie a week later. The CFPB also now intends to take enforcement action against land developers subject to the Interstate Land Sales Full Disclosure Act under Regulation J.

Insurance 410

Insurance Appraisal Development Lending 410

Housing Wire

SEPTEMBER 28, 2020

The state legislature says the move will increase financial regulation and consumer protection in the Golden State. The DBO currently licenses and regulates several types of financial services such as state-chartered banks and credit unions, mortgage lenders and servicers, escrow companies etc. California Gov.

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Law Lending Business Design 475

Housing Wire

DECEMBER 8, 2023

Post-licensing courses meet Arizona’s 24-hour post-licensing continuing education, which is required for license renewal every two years. first-time pass rate in its online course, Arizona School of Real Estate and Business (ASREB) claims the highest first-time pass rates in the state among major education providers.

Real Estate 366

Real Estate Contracts Law Real Estate Agent 366

Housing Wire

JULY 6, 2023

The Consumer Financial Protection Bureau (CFPB) released its 2022 Fair Lending Annual Report to Congress last week, which illustrates how it took aim last year at redlining and appraisal discrimination in pursuit of its enforcement and supervision, guidance and rulemaking, interagency coordination, and outreach and education missions.

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Lending Technology Law Valuation 358

Housing Wire

OCTOBER 1, 2022

Other top challenges cited by appraisers were expanding regulations/interpretation of regulations (30%), pressure from real estate agents/brokers (27%), fee pressures (27%), and high demand for appraisals (26%). Among appraiser respondents, more educational opportunities for new appraisers was also the top ranked response.

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Appraisal Real Estate Agent Valuation Training 392

Housing Wire

SEPTEMBER 27, 2022

During the session, Luna, along with the other panelists, will discuss the hurdles the industry is facing when it comes to adoption, the impact of title regulation varying state by state, the role that consumer education plays and so much more.

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Real Estate Technology Business Sellers 347

Housing Wire

JUNE 20, 2023

We encourage our industry partners to join us in our advocacy efforts with state legislators and regulators and help us educate homeowners about the financial consequences of these agreements. Together, we can end this predatory business practice once and for all.

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Business Brokerage Contracts Real Estate 383