Appraisal Buzz

OCTOBER 15, 2024

The expanded historical series, which spans 2004 to 2010, was developed to give the current series historical context by illuminating changes in loan availability during the previous ten years, including the housing crisis and recession that followed. To read the full report, including more data, charts, and methodology, click here.

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Mortgage Government Lending Construction 387

Housing Wire

MAY 16, 2024

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. The bulk of losses came from loans that originated between 2006 and 2010,” the report stated.

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Development Appraisal Property Appraisal Insurance 451

Appraisal Buzz

AUGUST 8, 2024

The expanded historical series, which spans 2004 to 2010, was developed to give the current series historical context by illuminating changes in loan availability during the previous ten years, including the housing crisis and recession that followed. To read the full report, including more data, charts, and methodology, click here.

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Mortgage Government Lending Construction 396

Housing Wire

DECEMBER 20, 2021

Thompson charged Freddie Mac with developing a business strategy to help more low-income households take advantage of the opportunity. Freddie Mac missed its low and very low income goals five times each since 2010, per an August 2021 report on their performance.

Real Estate Agent 534

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Housing Wire

DECEMBER 12, 2024

Department of Housing and Urban Development (HUD)s Home Equity Conversion Mortgage ( HECM ) servicing contract. oversees a dedicated NPS business practice that served 750 implementation projects between 2010 and 2020, but it elected not to share its revenue with the publication. Celink is the current holder of the U.S.

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Tools Clients Contracts Investors 336

Housing Wire

SEPTEMBER 11, 2020

In 2005, Tyrrell temporarily left the company to work as an independent executive consultant, ultimately returning to Ellie Mae in 2010 as a senior vice president. In 2019, Tyrrell became chief operating officer and was awarded membership within the Forbes Business Development Council the same year.

Mortgage 505

Mortgage Development Business 505

Housing Wire

NOVEMBER 14, 2024

The team will develop and execute the company’s investment strategies, secondary market activities, and risk management, among other things. Meanwhile, Rettinger joined Pennymac in 2010 after holding leadership roles at Bank of America and HSBC. In October, Chang stepped down and was succeeded by Mark Elbaum. He left in June.

Mortgage 370

Mortgage Loan Officers Investing Finance 370

Housing Wire

JULY 12, 2024

DOJ had alleged in a civil complaint that from 2008-2010, Nutter failed to comply with U.S. Department of Housing and Urban Development (HUD) underwriting requirements in connection with the underwriting of approximately 1,500 [HECMs],” they explained. 9 — the defense is encouraged by this development.

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Housing Wire

MARCH 1, 2022

She also briefly worked at the Department of Housing and Urban Development as an attorney in the Office of General Counsel, from 2010 to 2011. In one of those exams, in 2017, the FHFA found that the enterprises had taken steps to promote and maintain diversity, but had not fully implemented diversity requirements dating from 2010.

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Appraisal Buzz

JULY 11, 2024

The expanded historical series, which spans 2004 to 2010, was developed to give the current series historical context by illuminating changes in loan availability during the previous ten years, including the housing crisis and recession that followed.

Mortgage 397

Mortgage Government Lending Technology 397

Housing Wire

DECEMBER 9, 2020

The settlement also orders Washington Federal to “develop and implement an effective compliance-management system to prevent future violations,” per the CFPB. These violations also constituted violations of the Consumer Financial Protection Act of 2010.” ” Washington Federal is located in Seattle.

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Training Lending Development Mortgage 370

Housing Wire

DECEMBER 7, 2020

Cooper] broke that trust by engaging in unfair and deceptive practices prohibited by the Consumer Financial Protection Act of 2010, as well as violations of the Real Estate Settlement Procedures Act and the Homeowner’s Protection Act.”. “[Mr. Specifically, the CFPB alleged that between Jan. 2012 and Jan.

Law 537

Law Insurance Mortgage Investing 537

Housing Wire

OCTOBER 16, 2024

Department of Housing and Urban Development (HUD) have published a new report identifying the locations of people seeking Federal Housing Administration (FHA) rental and homeownership assistance programs. Researchers at the U.S.

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Tenants Investing Housing Market Mortgage 488

Housing Wire

OCTOBER 1, 2020

Kang attributed the actions, at best, as a “dispute over alleged technical violations and process errors related to the underwriting of HECM’s” between 2008 and 2010. Attorney’s Office for the District of Columbia, the Department of Housing and Urban Development and HUD’s Office of Inspector General. “We

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Legal Insurance Law Mortgage 426

Appraisal Buzz

OCTOBER 8, 2024

Advisory Council Members are responsible for aiding the Chair, Vice Chair, and Director of the Legal League in developing new strategies for progress in the areas of legislative actions, education, compliance, advocacy, and/or marketing. Looking at the list of firm members we have, I have some of my best friends right here.”

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Housing Wire

MARCH 31, 2022

WFG develops solutions in direct response to industry concerns solicited through regular engagement with its Executive Roundtable (ERT) of C-suite lending executives. WFG’s Agency division operates a program called WFG Blocks, which offers title agents direct access to many of the services WFG has developed for its own operations.

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Real Estate Human Resources Technology Insurance 418

Appraisal Buzz

NOVEMBER 19, 2024

Richardson Economic Consulting LLC , “Socioeconomic Consequences,” found that a key factor contributing to the decrease of affordable mortgages for low- and moderate-income families is the 2010 Dodd-Frank Act , which made small-dollar mortgages relatively more expensive to process than larger loans.

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Lending Mortgage Investors Development 418

Housing Wire

MARCH 23, 2022

Additionally, Valverde worked to develop a post-conservatorship regulatory framework for the government-sponsored enterprises. Treasury Department from 2010 to 2017. Valverde also served as a counselor for domestic finance at the U.S.

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Law Finance Government Retail 396

Housing Wire

AUGUST 18, 2022

Ginnie Mae, a government corporation under the auspices of the Department of Housing and Urban Development , guarantees securities backed by pools of mortgages insured by FHA, as well as the Department of Veterans Affairs and the Department of Agriculture. Those securities are backed by the full faith and credit of the U.S. government.

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Government Mortgage Valuation Business 435

Housing Wire

OCTOBER 19, 2022

In 2021, the IMB share of FHA loans grew to 90% from 57% in 2010, a consequence of the banks leaving the space in droves since the housing crisis more than a decade ago. Department of Housing and Urban Development (HUD). The IMB share of Ginnie Mae issuance increased to 90% from 12% during the same period.

Mortgage 435

Mortgage Contracts Design Government 435

Housing Wire

FEBRUARY 1, 2024

in 2009 to about 12-14% during Fiscal Years 2010 through 2014. Department of Housing and Urban Development (HUD) set the HECM limit at $625,500, an increase from $417,000. The percentage of endorsements with an MCA between $300,000 and $417,000 decreased from 17.6% In 2023, it has increased to 23.6%. In 2009, the U.S.

Mortgage 434

Mortgage Business Development Design 434

Housing Wire

AUGUST 10, 2023

Despite this below average year, NOAA and the NECI report that the average number of acres burned each year has steadily increased since 1983, with a significant acceleration of wildfire activity between 2010 and 2022. Mitigation measures – including removing bushes or firewood near homes – can make a difference, he noted.

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Insurance Construction Realtors Development 370

Appraisal Buzz

OCTOBER 4, 2024

The NMDB quarterly data releases allow the public to monitor and more closely examine the data to identify emerging mortgage market trends as they develop.” percent recorded in the fourth and first quarters of 2010 and 2011, and it has remained constant from previous quarters. This figure is far lower than the peak of 3.5

Mortgage 360

Mortgage Tools Lending Finance 360

Housing Wire

JUNE 3, 2024

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. A study commissioned by the U.S.

Insurance 443

Insurance Development Mortgage 443

Housing Wire

AUGUST 9, 2024

HMBS issuance drops ‘sharply’ New View Advisors characterized the July drop in issuance as “sharp,” as HMBS securitizations remain near historic lows since 2010 for the Ginnie Mae-backed program.

Mortgage 458

Mortgage Finance Business Investing 458

Housing Wire

DECEMBER 11, 2020

I’ve been with Guaranteed Rate since 2010, and when I came on, I was originating about $40 million in business. Cohen started his career as an IT consultant, working internationally as a technical architect with an IT firm before realizing his true gift lay in developing relationships.

Loan Officers 447

Loan Officers Business Mortgage Lending 447

Housing Wire

MAY 3, 2022

The new unit focuses on developing mortgage-adjacent lending products and services. Hsieh, who is loanDepot’s main shareholder, founded the mortgage lender in 2010, serving as chairman and CEO for the past 12 years. Martell was hired for a newly created position as president and CEO.

Renovations 418

Renovations Loan Officers Technology Mortgage 418

Housing Wire

MAY 3, 2024

The face-to-face requirement had been active within Massachusetts since 2010, but recent challenges — most especially those posed by the COVID-19 pandemic — exposed how a restriction initially meant to protect seniors actually created serious challenges for them. This is due to only a handful of U.S.

Mortgage 468

Mortgage Law Business Development 468

Housing Wire

MARCH 25, 2021

In 2010, Gilbert moved the headquarters of Rocket – then known as Quicken Loans – from the suburbs to downtown. Gilbert has purchased and developed more than 100 Detroit properties, rehabbing and tenanting the buildings. Gilbert, whose mortgage company made a record $9.5

Investing 370

Investing Property Taxes Tenants Mortgage 370

Housing Wire

JUNE 5, 2023

Other criteria include a minimum density of at least 15 units per acre; that a development be located no more than one-half mile from a transportation hub (such as a commuter rail station, ferry terminal, subway station or ferry terminal); and that the units have no age restrictions and are suitable for families with children.

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Law Construction Transportation Government 370

Appraisal Buzz

NOVEMBER 29, 2021

As a real estate developer, prior to entering the field, I always costed out my projects for profitability. In 2010, I was still puzzled by the reticence of many appraisers to embrace the Cost Approach as it increases our level of credibility. Using this method well reconciles my development and appraisal side.

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Valuation Supply Chain Bracketing Appraisal 370

Housing Wire

MARCH 31, 2021

“Lenders partner with WFG Enterprise Solutions because we provide them with consistent and predictable service levels, obsess about improving the process and work closely and collaboratively with them to develop and implement solutions that help us all become more efficient and close more transactions,” said Bailey. Stone founded WFG in 2010.

Real Estate 370

Real Estate Technology Insurance Clients 370

Housing Wire

NOVEMBER 19, 2021

The industry supporting the single largest consumer debt market in the world needs a greater outreach to universities to develop talent the way many other finance industries have done. In addition, every leader in our industry has an obligation to mentor and develop. Brian Hale: Purchase volume will be key.

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Real Estate Agent Business Tools Technology 370

Housing Wire

NOVEMBER 12, 2024

Hitt began his career at Engel & Völkers Americas in 2010 and has served as the firm’s CEO and president since 2013. Developing and guiding E ngel & Völkers in the Americas has been a true privilege and one of my greatest accomplishments.

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Brokerage Realty Business Development 281

Housing Wire

MARCH 23, 2023

We didn’t have the credit stress issue from 2010-2023 like we did from 2005 through 2008. Census Bureau and the Department of Housing and Urban Development. As you can see, this was a blessing for the builders while they worked off the backlog of homes. percent (±15.3 percent (±12.9

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Inventory Housing Market Construction Marketing 545

Housing Wire

NOVEMBER 22, 2024

JBREC is not forecasting meaningful rent growth until 2026 and beyond, which will make it harder for new project developments to pencil.” occupied — one of the lowest numbers RealPage has recorded since 2010. Carl Whitaker, director of research and analysis at RealPage , said that the oversupply period will be a short-lived phenomenon.

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Marketing Housing Market Property Taxes Construction 370

Appraisal Buzz

NOVEMBER 14, 2024

It’s part of the CFPB’s efforts to finally activate Section 1033 of the Consumer Financial Protection Act, a dormant legal authority enacted by Congress in 2010. This is the CFPB’s first significant rule to accelerate responsible open banking in the U.S.,

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