Remove 2003 Remove Insurance Remove Training
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Labor Shortages Hindering U.S. Remodeling Demand 

Appraisal Buzz

Although few homes perform mitigation retrofits, the average homeowner insurance price increased by 17% between 2021 and 2023, which may serve as a catalyst for homeowners to do so. Additionally, the market proportion of immigrant owners is increasing, rising from 8% of expenditures in 2003 to 13% in 2023.

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HUD outlines reverse mortgage wish list in budget proposal

Housing Wire

million to fund a training grant that would, in part, “enable specialized training that will prepare counselors to support expanded HECM counseling and to better understand property valuation bias so that they can effectively counsel clients on this topic,” according to congressional justifications for the budget. HUD is requesting $2.5

Mortgage 458
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Cardinals of a different feather: Inside Samson Properties’ unique model

Housing Wire

Samson is so agent-centric, in fact, that its agents receive a 100% commission split and services like training, office desks, and help with marketing. In return, the Samson agent is asked – not told, asked – to refer clients to Cardinal Title Group , a title insurer wholly owned by Samson. “I This is no sure thing.

Brokerage 370
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Opinion: Former Freddie Mac CEO lashes out at mortgage lenders

Housing Wire

With 2003 being the only year previously to come close to that level. Since all lenders were trying to hire, it became a zero sum game that ultimately required lenders to both hire and train unskilled workers to become processors, closers, underwriters, quality control staff, and more. A zero sum game.

Mortgage 448
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The Week Ahead: Exploring Cost Savings Through Outsourcing

Appraisal Buzz

During “ Partnering for Performance: Mortgage Operations Outsourcing ,” a panel of experts will explore how outsourcing can transform mortgage operations, by discussing strategic planning, cost-savings, and workflow advantages of staffing partnerships, including a practical breakdown of what operators should prepare for—from training to timelines.

Clients 368
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What role can mortgage brokers play in fair housing?

Housing Wire

It reminds me of the early 2000s, when the focus was growth and anyone who had a heartbeat could become a broker, whether they had proper training or not. KW: NAMB has been actively advocating for mortgage brokers since 2003. We’re also working on finding solutions for the qualified mortgage and on issues surrounding flood insurance.

Mortgage 482