Housing Wire

Housing Wire

How to manage appraisal expectations on reverse mortgages

By jguerin@housingwire.com Any time a homebuyer seeks an appraisal as part of obtaining a mortgage, there’s a good chance expectations won’t align with the appraiser’s verdict on value. For older homeowners seeking a reverse mortgage, this can be especially challenging, as a lower-than-expected value could preclude the borrower from securing the loan. How can HECM LOs best prepare borrowers ahead …

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Veros predicts home price growth will weaken in 2019

By jguerin@housingwire.com The latest VeroFORECAST from valuations provider Veros Real Estate Solutions predicts an average appreciation of 3.9% over the next year in the 100 most populous markets surveyed – down from the 4.5% predicted last quarter as the company foresees “a definite slowing down of most markets.” Via:: Veros predicts home price growth will weaken in 2019       

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Technology expands property valuation options for lenders

By astringer@housingwire.com Estimating the value of real estate impacts all parties involved — lenders, investors, insurance, the buyer and seller of the property. Picking a valuation method is a matter of the utmost importance for every mortgage professional. Via:: Technology expands property valuation options for lenders       

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Consolidated Analytics grows offerings by acquiring Carrington Property Services

By blane@housingwire.com Consolidated Analytics, a provider of property valuation, loan due diligence, mortgage fulfillment, and advisory services for the real estate finance industry, announced Monday that it acquired Carrington Property Services, a provider of third-party REO asset management, rental management, and valuation services. Via:: Consolidated Analytics grows offerings by acquiring Carrington Property Services       

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Introducing Pulse, HW’s new column for industry thought leaders

By jguerin@housingwire.com Ever since HousingWire launched more than a decade ago, our objective has been to keep Moving Markets Forward. And we thought, what better way to do that than to create a platform where the housing industry’s best and brightest share their ideas on issues affecting the market? And so, we’d like to introduce you to Pulse, an invitation-only …

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Appraisal profession sees major uptick in Millennial interest

By jguerin@housingwire.com For the past several years, the appraisal profession has battled the fact that a significant percentage of its workforce is aging. And as a greater number of appraisers approach retirement age, fewer newcomers are jumping in, meaning that their ranks are dwindling, and fast. But according to a new survey, this might be about to change. Via:: Appraisal …

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Class Valuation names John Dingeman chief appraiser

By jguerin@housingwire.com Michigan-based appraisal management company Class Valuation has named John Dingeman chief appraiser. As such, Dingeman will be responsible for overseeing quality control, underwriting support and the Appraiser Resource Center. Via:: Class Valuation names John Dingeman chief appraiser       

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