Housing Wire

NOVEMBER 14, 2023

Wells Fargo and information services company CoreLogic partnered on real estate tax processing operations to enhance risk management, compliance and customer experiences in the mortgage servicing sector. A total of $152 billion in property tax payments were processed through the portal in 2021 and about 80% of U.S.

Real Estate 468

Real Estate Property Taxes Property Management Tools 468

Appraisal Buzz

OCTOBER 2, 2024

The data-driven analysis finds that the role of title professionals in maintaining reliable and accurate property ownership records dramatically reduces estimated risk exposure in real estate transactions. The curative work conducted by the U.S.

Insurance 370

Insurance Real Estate Real Property Buyers 370

Appraisal Buzz

MARCH 5, 2025

Formerly a Deputy Attorney General in charge of the Harrisburg office of the Pennsylvania Bureau of Consumer Protection , Hladik brings a range of experience to his mortgage foreclosure; bankruptcy; tax sale; and Unfair, Deceptive, and Abusive Practices (UDAP) legal practice. We also witnessed growth in membership.

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Legal Insurance Law Lending 221

Housing Wire

SEPTEMBER 8, 2022

This case study explores how Fulton Mortgage Company achieved its goal of delivering a more personalized, digital mortgage experience for borrowers, while also increasing production and return on assets. Presented by: Mortgage Coach. Those loans tend to have fewer consumer protections than mortgages and higher interest rates.

Real Property 397

Real Property Finance Mortgage Marketing 397

Appraisal Buzz

OCTOBER 3, 2024

“, the paper estimates that the title insurance industry’s work to maintain accurate and reliable property records mitigates $600 to $900 billion in risk exposure to home buyers, lenders and other participants in real estate transactions. With total revenue of $6.0 and abroad.

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Insurance Real Estate Valuation Real Property 384

Housing Wire

JULY 28, 2022

The acquisition of MassiveCert supports our objective of advancing the modern mortgage by allowing us to more comprehensively address our clients’ flood risk assessment needs,” said Shelley Leonard, president of Xactus. The terms of the deal were not disclosed. Up until now, Xactus obtained data from third parties. Presented by: ServiceLink.

Insurance 370

Insurance Clients Modernization Technology 370

Appraisal Buzz

OCTOBER 9, 2024

The data from real-property conventional mortgages that Fannie Mae and Freddie Mac collected is the basis for both the manufactured house price indexes and the median price.

Housing Market 384

Housing Market Marketing Real Property Finance 384

Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. E-mortgage volume spikes. During the first six months of 2020, the Federal Housing Finance Agency reported that the volume of e-mortgages purchased by Fannie Mae and Freddie Mac spiked significantly.

Law 468

Law Legal Technology Real Estate 468

Appraisal Buzz

SEPTEMBER 25, 2024

A re-proposal is a smart move, and we commend FHFA for its receptiveness to our strong opposition to the initial proposal, which would have punished counterparties for potentially minor civil or administrative sanctions,” said Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit, CMB.

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Finance Business Real Property Development 433

Appraisal Buzz

FEBRUARY 20, 2025

Open to all mortgage lending and servicing professionals, GSEs , government entities, and Legal League members, the annual Spring Servicer Summit gathers the nations elite financial services law firms to discuss default policies, procedures, and emerging issues with leading mortgage servicing executives.

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Legal Government Law Lending 195

Appraisal Buzz

JUNE 11, 2024

Additional initiatives that Freddie Mac noted included the financing of more than 46,000 manufactured homes titled as real property from 2018-2023, providing more than $6.7 The National Association of Realtors (NAR) November 2023 Housing Affordability Index was the lowest reported since July 1985.

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Finance Real Property Design Lending 390

Housing Wire

APRIL 27, 2021

The Federal Housing Finance Agency , along with Freddie Mac and Fannie Mae , would designate members to the task force, as would the National Mortgage Association , the Federal Housing Commissioner , the Treasury , the Office of the Comptroller of the Currency , the Federal Deposit Insurance Corporation and the Federal Reserve.

Appraisal 397

Appraisal Valuation Design Real Estate 397

Cleveland Appraisal Blog

MAY 9, 2024

GETTING TRENDY (Cuyahoga County Housing Trends) The housing market in Northeast Ohio has remained strong despite the relatively higher mortgage interest rates and affordability issues. If you’re a real property appraiser in Ohio, check us out! Let’s get do what’s happening with housing stats in Northeast Ohio.

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Inventory Appraisal Real Property Property Appraisal 349

Appraisal Buzz

OCTOBER 11, 2021

If they’re in the mortgage industry, they’ll likely fall into one of two groups – those who understand the value you bring to the home finance transaction and those who think you fill out forms. There can be a wide variance between what intended users require in terms of property data, think lenders versus tax assessors.

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Appraisal Advertising Clients Investors 397

Housing Wire

DECEMBER 7, 2023

They’ve been focused on mortgage payoffs, although they’re getting more sophisticated on mortgage payoff payment diversion. It’s causing us in the industry — title settlement, real estate, mortgage lending, the attorneys — to rethink, can you even trust a voicemail? million house.

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Real Estate Sellers Technology Real Estate Agent 476

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Summary, What Does it Mean? I do several reviews every month and most normally fail to meet minimum standards.

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Valuation Appraisal Contracts Legal 360

Appraisal Buzz

AUGUST 7, 2024

brief include the American Land Title Association (ALTA) , AARP , Mortgage Bankers Association (MBA) , National Association of Realtors (NAR) , National Notary Association (NNA) , and Property Records Industry Association (PRIA). According to the Federal Trade Commission (FTC) , fraud losses in 2023 cost U.S.

Law 397

Law Real Estate Government Realtors 397

Appraisal Buzz

FEBRUARY 3, 2025

In the Tax Lien session, Gregory Jacovini, Chief Operating Officer with Pro Capital, will discuss liens imposed upon a property by law in order to secure the payment of taxes. The players will be real-life asset managers and successful agents, living out real-life scenarios and breaking them down for those in attendance.

Marketing 221

Marketing Agents Realty Real Estate 221

Appraisal Buzz

SEPTEMBER 26, 2024

It also would authorize the suspension of business between a regulated entity and a counterparty that has committed criminal or civil misconduct related to the management or ownership of real property. FHFA invites comments on the re-proposed rule within 60 days of its publication in the Federal Register.

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Finance Business Real Property Development 195

Cleveland Appraisal Blog

AUGUST 25, 2022

When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. This means on a $250,000 property, you’ll have to have a minimum of $37,500 in cash for the banks to even consider a loan.

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Investing Renovations Landlords Real Estate 337

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? Isn’t that all that appraisers do?

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Appraisal Market Value Legal Property Appraisal 358

Appraisal Buzz

FEBRUARY 10, 2025

Fortunately, enough time has finally passed, which allowed the California Mortgage Association (CMA) to sponsor Senate Bill 1146 (SB 1146), which, among other things, puts a small investor that makes and services seven or fewer loans a year in the same compliance bucket as loan servicers who conduct less than 175 annual foreclosures.

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Law Investors Legal Real Property 221

Housing Wire

MAY 26, 2023

In a vacant lot or seller impersonation scam, public records are searched to identify real estate that is free of mortgage or other liens, as well as the identity of the property owner. Then, posing as the property owner, the scammer contacts a real estate agent to list the property.

Sellers 397

Sellers Real Estate Realtors Real Estate Agent 397

Appraiserblogs

FEBRUARY 21, 2022

These junk reports and the waivers continue to undermine the public trust in our industry and leave the appraisers exposed to great risk and the consumers left holding the bag if their mortgage goes south. Public Trust If the ASC grants the request for appraisal waivers, the precedent will have been set for other banks to follow.….

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Appraisal Real Estate Valuation Real Property 124

Cleveland Appraisal Blog

JUNE 23, 2023

Start thinking about the financing options available, such as mortgages, loans, and grants, and the associated interest rates, repayment terms, and fees. Depending on what you are buying and local tax laws you may also wish to look into property tax loans and if possible you should hire a realtor to walk you through the buying process.

Property Taxes 196

Property Taxes Legal Law Property Appraisal 196

Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Under fee simple ownership, a property owner may occupy the property and have the right to sell, lease, mortgage, or give an interest away.

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Appraisal Process Appraisal Market Value Tenants 148

The Robert Weiler Company

JANUARY 2, 2021

You may have noticed by now that a land contract sounds similar to a mortgage. The big difference is that you are not borrowing money from a bank or lender and paying back the purchase price plus your mortgage payments to the bank. Buyers can claim property taxes, the value of improvement projects (i.e., Tax advantages.

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Contracts Tenants Legal Sellers 143

McKissock

DECEMBER 28, 2021

Mortgage rates are expected to rise, but still remain attractive and reasonable. It’s likely that the task force’s recommendations will be adopted by most of the major players in the residential mortgage lending arena. Mortgage rates also have a significant effect on housing affordability, which affects sale prices.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Borrowers can take advantage of the superior STR income on one side and are denied that advantage on the other side.

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Appraisal Tenants Investors Business 148

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.)

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Appraisal Appraisal Process Property Appraisal Real Property 87

Town & Country Residential Appraisals

MARCH 27, 2023

Moving it would mean it wasn't attached to a permanent foundation and therefore, is viewed more as personal property and not real property. Additionally, the manufactured home must be a one-unit dwelling that is legally classified as real property and cannot include an accessory dwelling unit.

Finance 56

Finance Real Property Legal Buyers 56

McKissock

SEPTEMBER 15, 2020

Failure to disclose significant real property appraisal assistance is another common violation. Believe it or not, sometimes trainees/applicants will send in the appraisal reports, and the trainee is not mentioned in the reports as having providing significant real property appraisal assistance. Written by Dan Bradley.

Appraisal 52

Appraisal Property Appraisal Real Property Law 52

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. ” McKissock has offered courses on mortgage fraud for decades.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

McKissock

APRIL 30, 2021

Additionally, it requires that the buyer and seller are not acting out of undue haste or duress and that the real property has been exposed on the market for a reasonable period of time. Unlike an REO or foreclosure sale, the homeowner still holds title to the property, but sells short for less than what is owed on the property.

Market Value 88

Market Value Real Estate Appraisal Sellers 88

Appraisal Partners Blog

JANUARY 31, 2024

In the ever-changing re­alm of real property, knowing the e­xact worth of your property plays a significant role. However, the appraisal of residential property involves several detailed steps and considerations. It helps you make informed decisions when you’re eithe­r on the buying or selling end.

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Appraisal Property Appraisal Market Value Real Estate 78

Appraisal Today

JULY 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Easement Liability, college degree requirement AQB, Fannie June Update, ADUs, unusual homes, mortgage origination stats, etc == = Renovated Modernist Mansion in Salt Lake City for $3.699M Excerpts: 4 bedrooms, 4 baths, 4,660 sq.ft., Mortgage applications decreased 0.2

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Appraisal Design Contracts Business 71

Appraisal Today

SEPTEMBER 22, 2023

When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. Mortgage interest rates ALWAYS go up and down. Most lender appraisers have little work. == Mortgage applications increased 5.4 September 20, 2023) — Mortgage applications increased 5.4

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Appraisal Training Inspection Real Estate 90