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Survey: Staff retention tops list of 2021 lender concerns

Survey: Staff retention tops list of 2021 lender concerns

Source: Scotsman Guide --- New data from The Mortgage Collaborative (TMC) revealed that personnel retention tops the concerns of mortgage lenders in 2021. According to the organization’s inaugural “The Pulse of the Mortgage Industry” survey, retention of current staff...

Tax bills show how much Covid devalued NYC real estate

Tax bills show how much Covid devalued NYC real estate

Source: The Real Deal--- The pandemic hit the commercial real estate market hard. Property tax bills now reveal just how hard. New York City expects property tax revenue to drop by $1.6 billion, or 5 percent, in the coming fiscal year, Bloomberg News reported. That’s...

Las Vegas Area Home Prices Set New Record in May

Las Vegas Area Home Prices Set New Record in May

Source: The World Property Journal --- Las Vegas Realtors are reporting this week that the median price of existing single-family homes sold in Southern Nevada during May 2021 was $385,000. That tops the all-time record set in April. May's median home price is up...

Is the appraisal process color-blind?

Is the appraisal process color-blind?

Source: Housing Wire --- Recently, at an event marking the 100th anniversary of the Tulsa Race Massacre, President Biden announced the launch of a new interagency task force to root out what it calls inequity in the appraisal industry. As a candidate, Biden’s campaign...

Take on the Cyber Hijackers

Take on the Cyber Hijackers

Source: Scotsman Guide --- The FBI defines ransomware as a type of malicious software that prevents an authorized user from accessing their computer files, systems or networks, and demands that you pay a ransom for their return. Ransomware attacks can create...