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Single-Minded Focus

Single-Minded Focus

by Third Party | May 17, 2021 | Mortgage Information, News/Current Events, Real Estate Agent Tools

Source: Scotsman Guide —  Two kinds of activities, reactive and proactive, keep mortgage originators busy. Reactive activities are all about putting out fires. When you’re in reactive mode, you’re playing defense.  Proactive activities are the things that bring...
How does the FHFA 7% loan cap on GSEs affect originators?

How does the FHFA 7% loan cap on GSEs affect originators?

by Third Party | May 16, 2021 | Industry Updates, Mortgage Information

Source: Housing Wire —  As you probably know by now, the Federal Housing and Finance Agency has limited GSEs to a 7% cap on loan purchases for second home and investment properties. This means that lenders who sell these types of loans to Fannie Mae and Freddie...
How appraisers value homes in a hot housing market

How appraisers value homes in a hot housing market

by Third Party | May 15, 2021 | Mortgage Information, Real Estate News

Source: Housing Wire —  Robin Sheridan, a real-estate broker with Compass Washington, recently listed a three-bedroom home in Seattle for $795,000. The 76-year-old brick home had what Sheridan considered a “funky layout,” with two rooms added to the back that...
Volume-hungry mortgage lenders loosen credit standards

Volume-hungry mortgage lenders loosen credit standards

by Third Party | May 14, 2021 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire —  Mortgage credit availability increased by 2.2% in April as mortgage lenders fight for borrowers in an increasingly competitive market. The Mortgage Bankers Association said Tuesday that the Mortgage Credit Availability Index (MCAI)...
Experts Say Home Prices Will Continue to Appreciate

Experts Say Home Prices Will Continue to Appreciate

by Third Party | May 14, 2021 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is...
Zillow Looks Ready to Dominate the Online Real Estate Market

Zillow Looks Ready to Dominate the Online Real Estate Market

by Third Party | May 12, 2021 | Mortgage Information, Real Estate News

Source: Barron’s —  Zillow’s first-quarter results came in strongly ahead of estimates, as Premier Agent revenue growth accelerated again, amid continued housing-market tailwinds. The Homes segment also experienced strong growth and delivered another...
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