Appraisal Buzz

MAY 17, 2021

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

Appraisal Clients Real Estate Sellers 418

Housing Wire

JANUARY 27, 2023

The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 418

Lending Real Estate Agent Loan Officers Retail 418

Housing Wire

MAY 3, 2023

The Federal Reserve (Fed) raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%, a level they have not reached since 2007. Existing home sales in particular have been paltry in 2023, largely due to low levels of inventory.

Real Estate Agent 397

Real Estate Agent Inventory Loan Officers Mortgage 397

Housing Wire

MAY 31, 2022

Led by Irma DeLoen, Geneva Financial’s Chicago branch will offer products including conventional and government loans, such as loans from the Federal Housing Administration (FHA), Veterans Affairs and U.S. Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm.

Mortgage 397

Mortgage Construction Lending Real Estate 397

Appraisal Buzz

JANUARY 14, 2025

In 2007, he left Microsoft for Redfin, a technology-powered real-estate company, helping to lead the business through its IPO in 2017 and on to nearly $1 billion in revenue in 2023. Adam Wiener is the new president of multi-channel, digital home finance company Lower. As Lowers new president.

Loan Officers 195

Loan Officers Real Estate Agent Real Estate Technology 195

Housing Wire

NOVEMBER 10, 2020

But unlike Fannie and Freddie, most non-QM loans rely on the borrower’s credit score and the loan-to-value ratio on the loan, rather than the debt-to-income ratio. For eight years they were not able to get a mortgage loan – they could have an 800 credit score, $2 million in the bank. “I And it doesn’t.

Business 459

Business Mortgage Investors Loan Officers 459