Remove 2007 Remove Contracts Remove Real Estate Agent
article thumbnail

The Similarities Between 2007 and Today

Appraisal Buzz

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up.

Appraisal 418
article thumbnail

How JVM Lending plans to expand without any loan originators

Housing Wire

Back in the 2007-2009 meltdown, we had loan officers with us at that time. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 418
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Homepie CEO Brad Rice on making FSBO easier

Housing Wire

Ironically, the technology he’s developed can be a benefit to real estate agents as well. When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. SW: Why did you want to develop this platform?

article thumbnail

Top of the list: An interview with Ben Caballero

Housing Wire

Each year RealTrends releases its list of the highest performing real estate agents in the country, and, like clockwork, Ben Caballero of Dallas-based HomesUSA tops the list. And are these numbers for real? You said before 2007 that you were providing services for homebuilders manually. Ben Caballero.

Realtors 415
article thumbnail

Some mortgage companies expanding despite challenges

Housing Wire

Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm. increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. during the same time.

Mortgage 397
article thumbnail

DataDigest: New data shows how brokerages, agents, landlords & homebuilders were reshaped by the pandemic

Housing Wire

Business Dynamic Statistics data reveal that 2021 was a year of major growth for homebuilders but steep contraction for landlords (called “lessors” in the BDS). It was also a year in which many agents and brokers started new firms. The industry segment totaled 823,091 jobs in 2021, the highest total since 2007.

Landlords 448
article thumbnail

Condo Redevelopment Could Spark New Trend

Empire Appraisal Group

Not anymore its for the rich, said Dan Kennedy, a real estate agent who lives on Hollywood beach. In landlocked South Florida where the cost of oceanfront real estate is at a premium, that might just be the next wave of development, local experts say. Chris Williams, a Fort Lauderdale real estate agent, agreed.