Appraisal Buzz

FEBRUARY 3, 2025

In a recent selling guide announcement by Fannie Mae (November 6, 2024), it was mentioned that they had collaborated with Freddie Mac to update the standardized definitions for neighborhood and market area. The updated definitions are provided below, along with their corresponding definitions from the Appraisal Institute.

Valuation 388

Valuation Appraisal Real Estate Architecture 388

Housing Wire

APRIL 1, 2025

announced Monday that they’ve entered into a definitive merger agreement, which provides for an all-stock business transaction between the two entities. We have completed a thorough due diligence process and look forward to welcoming HomeStreets clients and employees to our company. Mechanics Bank and HomeStreet Inc.

Legal 384

Legal Law Business Clients 384

Housing Wire

JANUARY 27, 2025

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.

Contracts 370

Contracts Mortgage Property Taxes Law 370

Housing Wire

MARCH 4, 2025

While Alabama-based brokerage leader Anna-Marie Ellison said she supports the state associations efforts, she also said her agents have not expressed concerns about signing a buyer representation agreement prior to touring a house with a prospective client. And that is positive. And thats where we want to get that part right, Walker added.

Legal 374

Legal Buyers Realtors Brokerage 374

Appraisal Buzz

MAY 14, 2021

The appraisal is the process that you, the appraiser, undertake and complete and then report its results to the client. The Appraiser’s Definition appeared first on Appraisal Buzz. Most of the mortgage industry, financial industry, and public at large do not understand the difference. The post What Is an Appraisal?

Appraisal 195

Appraisal Clients Mortgage 195

Housing Wire

MARCH 25, 2025

For the past 13 years, the Tech100 program has provided housing professionals with a definitive list of the most forward-thinking organizations in the industry. This year, 100 honorees were selected in the mortgage category and 100 in the real estate category, highlighting the cutting-edge solutions shaping the future of housing.

Real Estate 229

Real Estate Technology Lending Clients 229

Housing Wire

MARCH 14, 2025

This proves your expertise to clients and allows you to provide them with knowledge about the real estate market. Also, understanding the behaviors of different demographics will let you get into the psyche of the buyer clients you want to target with your marketing efforts. 89% of sellers used an agent to sell their home.

Real Estate 352

Real Estate Marketing Real Estate Agent Sellers 352

Housing Wire

JULY 12, 2024

It absolutely wasn’t around the headline hype, but that informed me to the extent that as I looked at the things that I was passionate about, the opportunity to incorporate artificial intelligence in the mortgage ecosystem definitely had me leaning in. SW: How does your background inform how you approach clients of BridgeAIvisory?

Design 473

Design Training Business Real Estate 473

Housing Wire

JULY 1, 2024

He will ensure we deliver an exceptional customer experience to @Properties’ real estate agents’ clients, and he will definitely help solidify Proper Rate as the premier boutique mortgage company in the industry.” ” Knapp spent 10 years at Guaranteed Rate between 2008 and 2019 in multiple leadership roles.

Retail 448

Retail Brokerage Real Estate Agent Real Estate 448

Housing Wire

SEPTEMBER 17, 2020

“We’re constantly working on our business and taking feedback from our clients trying to understand what it is that our clients and our partners want, how to constantly be forward-thinking in terms of staying ahead of the competition, and figuring out ways to be more efficient.”

Loan Officers 476

Loan Officers Clients Business Marketing 476

Housing Wire

APRIL 23, 2024

This final rule will achieve this by updating the definition of an investment advice fiduciary under the Employee Retirement Income Security Act and the Internal Revenue Code.” The discussion of the product between advisers and their clients lends more credence to the product category, according to recent survey findings by WSFS Mortgage. “[The

Investing 463

Investing Investors Design Government 463

Housing Wire

AUGUST 1, 2023

As we grow, we wanted to partner with a brand that had the infrastructure, footprint and brand presence to support us and our clients without disruption,” said Swann in a statement.

Luxury Properties 368

Luxury Properties Realty Clients Real Estate 368

Appraiserblogs

FEBRUARY 17, 2022

Why is the ASB proposing to remove the definition of Personal Inspection? Related Posts: USPAP Definitions of 'His' and 'Her' The USPAP Exposure Draft Process Continues To Step Outside Their Purpose With Her / Him as the new ‘Misleading’ Debacle…. The post Removing the Definition of Personal Inspection appeared on Appraisers Blogs.

Inspection 125

Inspection Appraisal Clients 125

Housing Wire

APRIL 23, 2024

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. Each year, Rocket employees participate in 65 million calls with clients, including 3.1

Tools 447

Tools Clients Investing Finance 447

Housing Wire

FEBRUARY 12, 2024

And how can you confidently talk to clients and potential clients about their mortgage needs? Your conversations with clients should extend beyond mortgages. As much as I would love to have a definite answer, I don’t, and no one else does either. So how do you build that trust and credibility? Do they have kids?

Mortgage 482

Mortgage Clients Business Marketing 482

Housing Wire

DECEMBER 21, 2021

According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry. With newer folks, there definitely is more uncertainty because if there is a squeeze, am I good enough to survive? Presented by: Black Knight.

Loan Officers 468

Loan Officers Retail Business Mortgage 468

Housing Wire

JULY 19, 2023

Over the past year or so, we have seen an uptick in questions relating to commission disputes between brokers and their clients. A typical commission dispute arises when, after signing a listing agreement or buyer-broker agreement: A seller-client “cancels” a valid purchase contract. A seller-client cancels a listing.

Real Estate 369

Real Estate Legal Clients Brokerage 369

Housing Wire

JANUARY 12, 2023

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. In May, ICE announced that it entered into a definitive agreement to acquire Black Knight for $13.1

Mortgage 394

Mortgage Clients Technology Tools 394

Housing Wire

AUGUST 5, 2020

Hudson Santana, founder of Santana Properties in Cambridge, Massachusetts, said that his clients have been gravitating to suburbs with yards and more space, also not generally thinking about the schools and district zoning. It always came up [and] they’re not coming up at all anymore. Like, zero.

Realtors 521

Realtors Realty Buyers Sellers 521

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. I was at a listing appointment for a $2.5

Real Estate Agent 459

Real Estate Agent Real Estate Agents Clients 459

Housing Wire

JANUARY 18, 2023

The California-based lender plans to increase its client base in the bank and credit union segment where Wells Fargo was most active, Abbie Tidmore, senior managing director and chief revenue officer, at Pennymac told HousingWire. Kim: Pennymac aggregated loans from about 770 clients across the country as of the end of 2022.

Clients 459

Clients Investors Lending Mortgage 459

Housing Wire

JANUARY 26, 2023

Lenders are looking for ways to reach more borrowers, and Black Knight has rolled out several new products recently, including a web portal that offers access to application programming interfaces (APIs) for clients, third-party providers and developers. Black Knight is preparing to be acquired by Intercontinental Exchange (ICE).

Modernization 397

Modernization Clients Design Investors 397

Housing Wire

OCTOBER 1, 2024

A bona fide brokerage sometimes needs to refer a customer to a competitor, just as a mechanic may refer a customer to another mechanic or an attorney may refer a client to another attorney. b) as a “settlement service” provider in a singular definition that can only be identical to itself. 2607(d)(1).

Agents 435

Agents Real Estate Real Estate Agent Brokerage 435

Housing Wire

OCTOBER 6, 2020

Real estate technology company Compass announced on Monday that it has signed a definitive agreement to acquire title and escrow software startup, Modus. Founded in 2018 by Alex Day, Jai Sim and Abbas Guvenilir, Modus’ goal is to digitize the home-closing process by providing a transparent platform for agents and their clients.

Real Estate 353

Real Estate Clients Agents Technology 353

Housing Wire

FEBRUARY 21, 2024

They added that Dara is competitive with clients’ in-house solutions, which tend to be expensive for servicers to maintain. Mr. Cooper is the first client in the platform, with the expectation of full implementation early in 2025. The companies signed a multiyear agreement in February 2022.

Technology 434

Technology Modernization Clients Mortgage 434

Housing Wire

JULY 26, 2023

When clients find their dream house and are ready to make an offer, Todd Armstrong’s next call isn’t necessarily to the seller’s agent or the buyer’s loan officer. “We It is definitely a lot more difficult now than it has been in the past,” Paul Scalone, a San Diego-based Compass agent and the owner of Dignified Insurance Services told Han.

Insurance 370

Insurance Housing Market Supply Chain Marketing 370

Housing Wire

OCTOBER 5, 2021

Low inventory means fewer choices for homebuyers, but for years enterprising real estate agents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications. Agents and brokers can then search the database for houses that fit their client’s specifications.

Real Estate Agent 459

Real Estate Agent Real Estate Agents Marketing 459

Housing Wire

APRIL 15, 2024

She had a brochure, and I definitely didn’t know what reverse mortgages were. Schmidt describes driving into a small town like Poteau, Oklahoma , and speaking with a client in their home. “One of my employees said that her mother worked in doing some type of loans,” Schmidt said. “I So, I thought, ‘Let me go see what this is about.’

Mortgage 448

Mortgage Loan Officers Business Finance 448

Housing Wire

SEPTEMBER 5, 2023

Before you plan your workshop, consider who your target clients are. Maybe you are focusing on empty nesters looking to downsize or clients looking for vacation homes they want to rent out in the off-season. If you’re hoping to reach clients who are relocating from out of state, consider hosting workshops online.

Real Estate 448

Real Estate Sellers Buyers Clients 448

Housing Wire

MAY 17, 2024

Financial planners are an important referral source for reverse mortgage professionals, and Finance of America (FOA) vice president of retirement strategies Steve Resch has been at the head of the company’s conversations with planners to help them understand how much utility a reverse mortgage could have for improving a client’s retirement.

Mortgage 459

Mortgage Clients Tools Finance 459

Housing Wire

FEBRUARY 27, 2024

Thus, it makes sense for these top performers to rank communication with clients as most crucial when clients are: applying for a loan (49%); getting pre-qualified (40%); going through underwriting (11%); and closing (1%).

Finance 448

Finance Clients Technology Business 448

Housing Wire

AUGUST 16, 2024

My client, Barbara (a pseudonym used for privacy), offers a good case study. The truth is that many financially savvy seniors use home equity conversion mortgages as part of a broader financial planning strategy to enhance their cash flow and minimize withdrawals from investment portfolios.

Buyers 482

Buyers Mortgage Tools Real Estate 482

Housing Wire

NOVEMBER 7, 2023

It (the tax) is definitely a question that people want to know, that is, how much are the property taxes if I live in eastern Austin versus living here in Williamson County,” Toliver said. “If New Jersey mortgage banker Luke Chamberlin says he always brings up property taxes early on in meetings with clients. office in HoHoKus.

Property Taxes 541

Property Taxes Home Value Government Valuation 541

Housing Wire

APRIL 26, 2023

Bridge loans are popular among his clients since they allow homeowners to tap into their equity when buying a home, as well as a professional mortgage where buyers in a specific industry can make a 10% down payment without mortgage insurance, Parkinson explained. When rates go down, prices are gonna go up and you will see more bidding wars.”

Loan Officers 418

Loan Officers Mortgage Inventory Clients 418

Housing Wire

MARCH 21, 2024

I think things have definitely picked up,” said Tane Cabe, a broker with C2 Financial Corp., I’ve talked to some leaders in this space recently and they’re telling me they’ve definitely seen an increase in volume. said in a recent interview. That seems to be the general feeling.

Retail 458

Retail Mortgage Real Estate Agent Business 458

Housing Wire

NOVEMBER 2, 2021

. “We see immediate opportunities for cross-collaboration that will naturally accelerate our growth and strengthen the services we provide to our clients.” a publicly-traded mortgage REIT, entered into a definitive agreement to acquire Genesis Capital LLC from Goldman Sachs. Last month, New Residential Investment Corp.,

Investing 379

Investing Finance Modernization Investors 379

Housing Wire

FEBRUARY 6, 2025

Aach: So, we announced it last year and we signed our first client. And so we hear that there are lots of spreadsheets, there are lots of manual efforts being done, and so we’re trying to solve that pain for our clients this year and then extend that next year when we have the full-service improvement.

Investors 203

Investors Clients Business Technology 203