Housing Wire

MAY 4, 2022

In a move with ramifications for an untold number of mortgage lenders and service firms, Intercontinental Exchange, Inc. , a software and data company whose mini-empire includes ICE Mortgage Technology , has bought Black Knight. The $13.1 billion mega-deal was announced in a press release Wednesday afternoon. The move between what are generally regarded as the two biggest suppliers of mortgage loan origination software is the latest domino to fall in a mortgage market careening off the rails.

Loan Officers 468

Loan Officers Mortgage Lending Technology 468

Sacramento Appraisal Blog

MAY 2, 2022

What are prices doing? That’s always the question, and I get it. But there are bigger fish to fry to understand what the housing market is doing. A shift: Over the past few weeks there has been a shift in demand, which is why this conversation is so important. This isn’t about doom and gloom. […].

Housing Market 451

Housing Market Marketing Real Estate Appraisal 451

Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? You can pay attention to many indicators, but the recent infrastructure bill will reveal the most crucial information. These are a few ways it will affect real estate in the coming months. 1. Construction Sites Will Stay on Schedule. Federal plans can move slowly, but that doesn’t mean ?

Real Estate 435

Real Estate Supply Chain Marketing Investing 435

Cleveland Appraisal Blog

MAY 6, 2022

Howdy friends! I hope that you’re doing well! I have a special post from a first-time guest blogger, Betty White. If you’re a senior and considering moving, this article offers some tips that may make things a little easier. I hope that you enjoy her article! Essential Home Moving Tips for Seniors. Are you newly retired or nearing retirement?

Appraisal 221

Appraisal Logistics Inspection Insurance 221

Housing Wire

MAY 4, 2022

Digital-mortgage exchange and loan aggregator MAXEX is launching a new loan-purchasing program for originators looking to tap into the growing mortgage demand from individual and small-business real estate investors. The exchange is unveiling a flexible DSCR [debt-service coverage ratio] loan-purchasing program designed to serve real estate investors, such as rental property owners, who “tend to prioritize property cash flow over interest rate,” MAXEX said in announcing the initiative.

Investors 459

Investors Real Estate Investing Sellers 459

George Dell

MAY 4, 2022

Diversity can be a goal in itself when diversity means breaking down barriers of groupthink and apathy. An expansive concept. Fairness, on the other hand is elusive, demanding definition. Fairness depends on the very point of view it attempts to define. “Fair” is in the eye of the beholder. EBV (Evidence Based Valuation)© (or EBA, […]. The post Can EBV Support Diversity and Fairness?

Valuation 195

Valuation 195

The Appraiser Coach

MAY 3, 2022

Principles of business cross boundaries of profession frequently, and the one shared today is inspired by Dr. Thomas Stanley, author of The Millionaire Next Door and The Millionaire Mind. If. Read More.

Business 195

Business Inspection Real Estate Agent Government 195

Housing Wire

MAY 3, 2022

U.S. home prices in March climbed a record 20.9% year over year, but the explosive pace of appreciation is expected to cool down to the single digits by the same time next year. The jump in March marks the 122nd consecutive month that the annual housing-price measure has increased, according to CoreLogic ‘s recent national Home Price Index report.

Buyers 459

Buyers Mortgage Housing Market Real Estate 459

Eyes on Housing

MAY 6, 2022

Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6%. The April’s data indicate that the labor market remained healthy despite surging inflation, tighter financial conditions, and the war in Ukraine. Construction industry employment (both residential and non-residential) totaled 7.6 million and has returned to its February 2020 level.

Construction 174

Construction Marketing 174

Appraisal Buzz

MAY 3, 2022

Freddie Mac has named Kevin Palmer to head its multifamily business. He will serve as a member of the company’s Senior Operating Committee and report to the company’s president, Mike Hutchins. Palmer has served at Freddie Mac in a variety of positions since 2001, most recently as senior vice president for Single-Family Portfolio Management. “Over the course of his more than two decades at Freddie Mac, Kevin Palmer has demonstrated broad knowledge of the.

Business 283

Business Appraisal 283

GoForrmz

MAY 5, 2022

Digitize and automate your small business processes to save incredible amounts of time and money Time, money, and innovation – small businesses require all three. Yet, repetitive and tedious tasks make the prioritization of these critical needs nearly impossible. That’s why it’s essential to look for techniques, systems, and tools that help cut the busywork.

Business 148

Business Modernization Tools 148

Housing Wire

MAY 3, 2022

Fintech and fractional home-equity lender Point has raised an additional $115 million through a Series C fundraising round led by venture capital firm WestCap. The capital will be used to accelerate Point’s growth in the $25 trillion home-equity market, according to the company’s co-founder and CEO Eddie Lim. The Palo Alto, California-based Point plans to use the funding to expand its product line as well as its market footprint — from an existing 16 states and the District of Columbia to 28 mar

Contracts 459

Contracts Investors Investing Market Value 459

Eyes on Housing

MAY 4, 2022

Following a 25 basis points increase in March, the Federal Reserve’s monetary policy committee unanimously approved a further 50 basis points increase for the federal funds target rate, the largest increase for the rate in more than two decades. The Fed also provided details for its plan to reduce its balance sheet (quantitative tightening), which will further tighten financial conditions.

174

174

Appraisal Buzz

MAY 6, 2022

Staircase has launched three tools to facilitate the transfer of mortgage servicing rights (MSR) between mortgage lenders, servicers and investors. These tools are part of Staircase’s low-code marketplace, which automates complex technologies and makes them self-service for the U.S. residential mortgage industry. The rise in interest rates has prompted high demand and increased trading volumes for MSRs, which increase in value as rates go up.

Tools 170

Tools Mortgage Investors Technology 170

GoForrmz

MAY 4, 2022

Embrace digital forms for your small business with five free templates from GoFormz Running a small business is tough, and running it smoothly can feel almost impossible some days. From the long hours to attracting clients, it’s definitely a tough path, but one that’s beyond rewarding. In honor of National Small Business Week , we here at GoFormz are proud to celebrate small businesses as an important cornerstone of our economy.

Clients 148

Clients Business Design 148

Housing Wire

MAY 4, 2022

Don Layton, the former CEO of Freddie Mac recently penned what can only be described as an attack piece on mortgage originators from his seat as a fellow at the JCHS, Harvard’s Joint Center For Housing Studies. But what Mr. Layton has done is simple: perpetuate his ongoing disdain for the participants in the manufacturing of mortgage loans in the U.S. and, in the process, made some inaccurate assumptions as to causality.

Mortgage 448

Mortgage Finance Marketing Training 448

Eyes on Housing

MAY 2, 2022

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1% in March after an increase of 0.7% in February. Spending stood at a seasonally adjusted annual rate of $882 billion. Total private residential construction spending was 18.4% higher than a year ago. These monthly gains are attributed to the strong growth of spending on.

Construction 174

Construction 174

Appraisal Buzz

MAY 6, 2022

Owning a home is seen as a sign of success and financial stability, and while Asian people in the U.S. tend to have higher educational attainment and household income than any other racial and ethnical groups; their homeownership rate at nearly 60% remains lower than the national rate of 65.5%, and the white community rate … The post Asian American Millennials Outpace Other Generations appeared first on DSNews.

Appraisal 150

Appraisal 150

GoForrmz

MAY 3, 2022

Discover how small businesses are leveraging digital form features to save time, be more efficient, and elevate productivity GoFormz offers a flexible and affordable solution to traditional documentation and information collection. Thousands of small businesses leverage GoFormz to digitize their documents and data capture, improving organization and business management while reducing operational costs in the process.

Business 148

Business Project Management 148

Housing Wire

MAY 3, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. As a member of HW+, you get access to 30-minute Slack Q&As, where we invite the HW Media newsroom to break down the hottest topics in the industry. This Q&A was hosted in the HW+ Slack channel, which is exclusively available to members.

Housing Market 448

Housing Market Marketing Inventory Mortgage 448

Eyes on Housing

MAY 2, 2022

As the construction labor market remains tight and skilled labor shortages persist, wages in construction continue to rise, often outpacing and exceeding typical earnings in other industries. According to the latest Current Employment Statistics (CES) report from the Bureau of Labor Statistics (BLS), average hourly earnings (AHE) in construction vary greatly across 43 states that reported these data.

Construction 174

Construction Marketing 174

Appraisal Buzz

MAY 6, 2022

Mortgage subservicer and wholesale bank names seven to new roles within the firm, bolstering the firm’s footprint in the servicing market. The post Cenlar Promotes Seven to VP Roles appeared first on DSNews. The post Cenlar Promotes Seven to VP Roles appeared first on Appraisal Buzz.

Appraisal 150

Appraisal Mortgage Marketing 150

GoForrmz

MAY 2, 2022

Move away from paper forms to streamline your small business workflows One of the biggest challenges facing small to mid-sized businesses today is finding a way to digitize their daily processes. Digital forms provide a seamless means of collecting and distributing critical business documentation and information. While it can seem daunting to stray from your standard processes, trust us when we say you’ll never look back.

Business 148

Business Training Clients 148

Housing Wire

MAY 2, 2022

Surging interest rates and home price appreciation made March one of the most challenging months for prospective homebuyers looking to make purchases, according to a recent report. Annual home price gains saw 19.9% annual appreciation in March, down from an upwardly revised 20.1% in February, which was the first month to see price growth greater than 20%, according to Black Knight ’s monthly mortgage monitor report.

Housing Market 448

Housing Market Mortgage Investors Finance 448

Eyes on Housing

MAY 3, 2022

The Census Bureau recently released its 2021 Metropolitan Statistical Area (MSA) annual population estimates. Between 2020 and 2021, 251 (65%) of the 384 MSAs within the 50 states and the District of Columbia experienced population increases, albeit small on percentage terms. The MSAs’ combined total population increased from 286,195,308 in 2020 to 286,472,775 in 2021, approximately a 0.1% increase.

167

167

Appraisal Buzz

MAY 6, 2022

On April 19, the Five Star Institute presented its latest webinar discussing the benefits of sub-servicing, how to navigate and ensure compliance with government regulations, and on how to maximize ROI for all parties. The free-to-attend webinar was sponsored by Selene Finance, a specialty loan servicer, offering full-service capabilities supporting all aspects of residential mortgage servicing. … The post Recap: Selene Finance Webinar appeared first on DSNews.

Finance 150

Finance Government Appraisal Mortgage 150

Appraiserblogs

MAY 6, 2022

Several appraisers have informed us that they have received death threats simply because they have been outspoken online refuting the racial bias narrative and the allegations of racial discrimination in the appraisal profession that is being utilized to remove appraisers from the lending equation. Since we have no organized voice and no one to defend us, some among us have taken the task to educate the public about the appraisal process and what we do.

Appraisal 119

Appraisal Appraisal Process Lending Real Estate 119

Housing Wire

MAY 5, 2022

Intercontinental Exchange, Inc. must convince regulators that the $13.1 billion mega-deal announced on Wednesday to acquire Black Knight will not harm competition in the mortgage tech solutions market. The software and data company also needs approval from Black Knight’s shareholders to move forward with the transaction, which valued the business at $85 per share, a 23% premium compared to the current price.

Technology 418

Technology Business Mortgage Legal 418

Eyes on Housing

MAY 3, 2022

The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs increased slightly to 396,000 unfilled positions in March. The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019.

Construction 158

Construction Housing Market Marketing 158

Appraisal Buzz

MAY 6, 2022

In a move to increase equitable housing for all qualified borrowers, lenders will be able to better assist and counsel their clients during the home buying process. The post FHFA Announces Mandatory Use of the Supplemental Consumer Information Form appeared first on DSNews. The post FHFA Announces Mandatory Use of the Supplemental Consumer Information Form appeared first on Appraisal Buzz.

Clients 150

Clients Appraisal 150

Appraiserblogs

MAY 2, 2022

“Census tract boundaries do not necessarily define the subject’s market…” Appraisers, of all the issues I’ve written about or questioned since 2006, this topic about your knowledge of, and concern about, Census Tracts has overwhelmingly been the largest response ever, several hundred within just a few hours of posting! To refresh, the questions were these: Do you know where the Census Tracts boundaries are in the areas you work?

Appraisal 113

Appraisal Marketing 113

Housing Wire

MAY 4, 2022

The Federal Reserve Wednesday approved a 50 basis point increase to its policy interest rate in an effort to reduce inflation, in conjunction with a plan to shrink its $9 trillion asset portfolio beginning next month, according to Chairman Jerome Powell. During a news conference following the Fed’s committee meeting, Powell announced the increase and outlined the Fed’s plan to begin “the process of significantly reducing the size of our balance sheet,” he said. “It

Supply Chain 418

Supply Chain Mortgage Tools Loan Officers 418

McKissock

MAY 6, 2022

New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. It requires more work, so you want to be sure that you are charging for your effort. However, perhaps more than that, you want to be sure you’re following the proper protocol.

Construction 86

Construction Appraisal Inspection Development 86

Appraisal Buzz

MAY 5, 2022

In a deal valued in excess of $13 billion, Intercontinental Exchange Inc. has acquired Black Knight in a cash and stock transaction, bolstering ICE’s digital mortgage business by increasing automation. The post ICE Expands Its Mortgage Tech Presence After Purchase of Black Knight appeared first on DSNews. The post ICE Expands Its Mortgage Tech Presence After Purchase of Black Knight appeared first on Appraisal Buzz.

Mortgage 150

Mortgage Business Appraisal 150