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Solving the Affordable Housing Crisis

Appraisal Buzz

A Cautionary Tale from 2013 Let me start with a personal story. In 2013, I acquired an apartment complex in Austell, Georgia. Concentrated Development: Many developers flocked to the same areas, leading to localized oversupply. Diminished Development Capacity: As developers struggle, new construction grinds to a halt.

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HUD and FHFA Increase Transparency in Home Appraisals

Appraisal Buzz

Department of Housing & Urban Development (HUD) have released new appraisal data from loan applications on single-family mortgages submitted to HUD’s Federal Housing Administration (FHA). million appraisals conducted from 2013 through 2022. The Federal Housing Finance Agency (FHFA) and U.S.

Appraisal 409
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BHGRE network expands presence in Washington state

Housing Wire

253 Realty was founded in 2013 by Shawn Viguerie. Since joining the Better Homes and Gardens Real Estate network , we have generated tremendous momentum as a result of the brand’s marketing, learning and business development programs for our affiliated agents,” Jessica Poulos said in a statement. “In

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Anthony Hitt is leaving Engel & Völkers Americas

Housing Wire

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.

Brokerage 234
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State financial regulators and FHFA enter mortgage information sharing agreement

Housing Wire

The [MOU] establishes substantive information sharing protocols between state financial regulators and FHFA, improving the ability to coordinate on market developments, identify and mitigate risks, and ultimately, further protect consumers, taxpayers, and the nation’s housing finance system,” a joint announcement from CSBS and FHFA said.

Mortgage 377
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loanDepot promotes Viviana Abarca to lead mortgage lending operations

Housing Wire

Abarca joined loanDepot as an underwriter in 2013 and became vice president of lending operations in 2021. Abarca will lead loanDepot’s loan processing, underwriting and closing operations, which in the first quarter of 2024 were responsible for closing $4.6 billion in mortgages, down from $5.3 billion in the previous quarter.

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Opinion: Setting the record straight on mortgage pricing

Housing Wire

As the FHFA pointed out, the current grids were developed some time ago and might reflect mortgage performance from a less benign economic environment than today. If so, the current curves would tend to be steeper if this were the case. Second, the changes will differentially affect borrowers as described above.

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