Housing Wire
MARCH 1, 2023
The API integration will allow lenders to bring product offerings to open houses, allowing them to engage borrowers “earlier in the lifecycle,” and will also enable lenders to better support co-marketing partners like real estate agents and loan officers.
Housing Wire
JULY 16, 2021
By both companies’ admission, a major key to Success’s success will be hiring loan officers. billion market capitalization, less than half of its previous market value. Presented by: SimpleNexus. But eXp’s stock has dipped from a high of $80 per share in February to $33 as of Friday. The company now has a $4.2
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Appraisal Buzz
OCTOBER 3, 2022
I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions. The second thing, and most everyone who is tracking this data already knows this, is that this data and the indexes that spring from them are all lagging indicators of the health of a given market.
Cleveland Appraisal Blog
MARCH 30, 2021
Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. I also developed the replacement value, and I had comparable land sales from the neighborhood. Does this seem healthy to you?
Cleveland Appraisal Blog
OCTOBER 14, 2021
Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value. I remember loan officers telling me that I needed to be “creative” with my appraisals.
Housing Wire
AUGUST 31, 2023
And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. Fannie Mae’s Value Acceptance + Property Data program and Freddie Mac’s ACE+ PDR waive the traditional appraisal requirements for qualifying loans.
Realtor
NOVEMBER 7, 2023
Escrow accounts are common for loans with less than a 20% down payment and mandatory for FHA loans, but it’s not required for VA loans. It’s the price you pay the loan officer or broker for completing the loan, and it includes underwriting, originating, and processing the costs of buying a home.
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