Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Host Phil Treadwell and industry experts share their experiences and advice on how to build more modern and relevant business. Mortgage Lending Mastery. Lykken on Lending. Lending Forward. Mortgage Marketing Expert.

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Housing Wire

JUNE 17, 2022

Amanda Hill: Lenders see appraisal modernization as a top priority by Maria Volkova. Amanda Hill: My first job for a small but innovative bank when I was still in college…I started as a teller, but when I was bored, they taught me to assist in other areas and lending captured my interest! To become an HW+ member, click here.

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Appraisal Buzz

JULY 8, 2024

We all have seen the buzz phrases: appraisal modernization, bifurcation, data collectors, desktop and hybrid appraisals, and observation (rather than Inspection). There are also the economics of training new appraisers and the numerous and disparate state laws and lender prohibitions. Some of these have been around for many years.

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Housing Wire

JUNE 30, 2021

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

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Appraisal Buzz

JUNE 10, 2021

Through the partnership with SkillBridge, Clario’s training program will upskill and employ 35 active service members transitioning to civilian life in the next 12 months. To apply for the training program, visit this website. We specialize in real estate valuations for the mortgage lending and financial services industries.

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Appraisal Valuation Training Real Estate 370

Housing Wire

FEBRUARY 18, 2022

To some degree, appraiser capacity issues can be mitigated by modern appraisal products like desktop and hybrid appraisals. The creation of the PAVE Task Force and the imminent publication of its findings may very well create shockwaves in the entire lending arena. It’s my hope that appraisers can be part of the solutions.

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Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. These entities make many other comments about technology, workforce options, modernization and the need for change.

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Housing Wire

MARCH 10, 2023

For the new value acceptance plus property data option, third parties are authorized to do that collection at the property site, as long as lenders verify that they have a background check, have been “professionally trained” and are competent to do that collection.

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Valuation Inspection Training Appraisal 397

Housing Wire

MAY 20, 2021

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. To contact the author of this story: Steve Gaenzler at steve.gaenzler@radian.com.

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Appraisal Valuation Technology Training 505

Appraisal Buzz

OCTOBER 14, 2024

As all lenders have “skin in the game” on every loan, rigorous quality control across the lending lifecycle is imperative. Meanwhile, incomplete or inaccurate information can lead to faulty lending decisions that put lenders and their AMCs at risk.

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Valuation Renovations Technology Appraisal 368

Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Ultimately, the FHFA’s RFI on appraisal modernization has given all participants in the mortgage transaction chain an opportunity to step into the future.

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Appraisal Buzz

AUGUST 12, 2024

TRID is a set of regulations that combine the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA). As the appraisal process transitions from rigid forms to dynamic reports, the need for software that can efficiently handle both lending and non-lending work is essential.

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Appraisal Inspection Lending Training 370

Appraisal Buzz

APRIL 15, 2024

Appraisers will want to make sure that their software vendors can accommodate non-lending work in their new platforms. Appraisers will want to avoid having two software platforms, one for lending, and one for non-lending. Again, appraisal software companies will compete for meeting these needs as well.

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Appraisal Buzz

APRIL 2, 2024

Prior to that, he served in business development, operations, and training roles with several lenders. I’m looking forward to seeing his contributions to advancing the modern mortgage at Xactus.” “For During his tenure, partnership revenue grew by six times.

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Housing Wire

MARCH 28, 2022

Now, after two years of drinking from a firehose, mortgage lenders must pivot once again to succeed in the vastly different lending landscape that lies ahead. Lenders’ focus on tightly managing margins was replaced by the need to triage an unprecedented surge in refinance volume, which led to a record-shattering $4.3 trillion in U.S.

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Marketing Real Estate Agent Business Transportation 370

Housing Wire

OCTOBER 20, 2023

Sharing your success lends to your credibility as an agent. Who knows, this might help someone kick start styling their own home, which could result in them reaching out to you because you share a love for mid-century modern or boho minimalist style. These should be posted in addition to testimonials.

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Real Estate Agents Real Estate Agent Decorating 435

Clear Capital

FEBRUARY 2, 2022

Over the past few years, leading companies from across the industry have modernized and transformed how appraisals are manufactured to streamline the lending process and improve the borrower’s experience. Today’s Selling Guide update for 1004 Desktop appraisals signal the industry-wide adoption of modern appraisal methodologies.

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Genworth MI Blog

MAY 28, 2020

In this article, I will challenge conventional stereotypes and encourage you to explore manufactured housing as an emerging lending opportunity, positioned ideally for those savvy enough to see with different eyes. Underwriter/risk training – examine whether your staff has sufficient awareness and training on manufactured housing.

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Construction Loan Officers Training Lending 148

Clear Capital

JUNE 28, 2022

Each API connects directly into existing systems through a single integration for lenders, investors, and system providers, making it easier to adopt and deploy modern property valuation solutions. ” Over the past year, the government-sponsored enterprises (GSEs) have made sweeping changes around modern valuation solutions, and ?? .”

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Valuation Modernization Real Estate Investors 69

Housing Wire

JUNE 28, 2021

A variation of the conduct code was inserted into the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, and the modern AMC was off and running. The value add is compliance, more than anything else,” said Shashank Shekhar, CEO of Arcus Lending. You start becoming trained to look in a different way.

Appraisal 435

Appraisal Valuation Business Contracts 435

McKissock

MARCH 24, 2022

Require appraisal anti-bias, fair housing, and fair lending training for all appraisers who conduct appraisals for federal programs and work with the appraisal industry to require such trainings for all appraisers. Define metrics that can help to identify and measure patterns of mis-valuation in the property valuation process.

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Valuation Property Appraisal Training Appraisal 91

Appraisal Today

NOVEMBER 8, 2024

Think of the new URAR like upgrading from a basic flip phone to a modern smartphone. Built in 1914, the Cape Cod mansion has been thoughtfully modernized over the years to retain its historic integrity. I was trained to be ethical and give my unbiased opinion of value. The whole interior views to the water,” she said.

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McKissock

MARCH 6, 2023

On March 1, 2023, Fannie Mae issued Announcement SEL-2023-02, which addressed several different lending-related topics. Announcement SEL-2023-02 also sets forth requirements for these third-party inspectors, e.g., they must be professionally trained and undergo a background check.

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Modernization Valuation Appraisal Lending 72

McKissock

MARCH 6, 2023

On March 1, 2023, Fannie Mae issued Announcement SEL-2023-02, which addressed several different lending-related topics. Announcement SEL-2023-02 also sets forth requirements for these third-party inspectors, e.g., they must be professionally trained and undergo a background check.

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Modernization Valuation Appraisal Lending 67

Realtor

MAY 15, 2023

Lenders have a vested interest in the home appraisal because it protects them from lending more money than they can recoup should you default on your loan and go into foreclosure. And in 2018, Fannie Mae began testing its hybrid appraisal, a method it had worked on for years to speed up and modernize the traditional appraisal process.

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Appraisal Real Estate Appraisal Process Market Value 104

Genworth MI Blog

MAY 28, 2020

In this article, I will challenge conventional stereotypes and encourage you to explore manufactured housing as an emerging lending opportunity, positioned ideally for those savvy enough to see with different eyes. Underwriter/risk training – examine whether your staff has sufficient awareness and training on manufactured housing.

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Construction Loan Officers Training Lending 78

Appraisal Today

NOVEMBER 17, 2023

While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.

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Birmingham Appraisal

AUGUST 2, 2023

This ensures that the appraiser has undergone rigorous training, meets the state’s education requirements, and follows ethical guidelines in their practice. Look for appraisers who utilize modern tools and technologies to complement their expertise.

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Clear Capital

MAY 24, 2022

As a leading real estate technology company, Clear Capital pioneers new advances in AVMs for mortgage lending. Get an AVM for mortgage lending with current property data and speed. AVM providers need home sale prices to train their automated valuation model. We have almost 3 billion property records in our real estate database.

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Housing Market Valuation Marketing Real Estate 69

Appraisal Today

FEBRUARY 16, 2024

Never use a lending form (such as a 1004) for estate work. For non-lending work like estate work, you can use a good, protective engagement agreement. This differs from residential, where small independent appraisal companies do most of the training. To read more about the 4 ways, plus information on why I take ads, etc.

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Appraisal Contracts Training Architecture 84

Appraisal Today

SEPTEMBER 27, 2024

Training for this new process for appraisers should begin occurring in 2025, Quarters 2.5-3.5. This training will be separate from the individual appraisal software provider training. won’t begin with limited lenders until 2025 Q3, so training early in the year may not be productive. and the updated URAR.

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Property Appraisal Appraisal Training Contracts 75

Appraisal Today

JULY 12, 2024

I was first trained as a scientist, starting with my high school biology class. I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. What about a degree in another field that did not include any appraisal-related training? I got it for MLS access.

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Appraisal Design Contracts Business 71

Appraisal Today

APRIL 19, 2024

For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. Private Money Lending – fast turn times, high fees. Their role is to provide impartial, data-driven opinions of value.

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Appraisal Valuation Contracts Design 71

Appraisal Today

JULY 28, 2023

Tired of working for AMC/lenders with their UAD, forms, “modernization”, words to not use, etc? Activities through the rest of 2023 and during 2024 will include software development, system updates and testing, and the kick-off of training for appraisers, AMCs, and mortgage lenders. Try doing non lender appraisals.

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Appraisal Contracts Mortgage Clients 83

Appraisal Today

MAY 27, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. The market changing again with increasing interest rates, in the inevitable ups and downs of mortgage lending. Mortgage lending from the 1870s to today.

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Construction Appraisal Modernization Contracts 52

Appraisal Today

FEBRUARY 9, 2024

The government and those that write the rules also state the purpose of an appraisal is to determine the value of the home/property in its market setting, so an underwriter can make a lending decision. Back in the day, this protected the lender from lending more than the home/property is worth. MORTGAGE LENDING IS VERY, VERY CYCLICAL.

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Appraisal Contracts Insurance Construction 84

Appraisal Today

FEBRUARY 14, 2025

—————————————————————————————- $4 Million Midcentury Modern Casita Complete With a Wacky Circular Kitchen in Rancho Mirage, CA Excerpts: 4 bedrooms, 5.5

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