Appraisers Blog

AUGUST 11, 2023

They stated it was the income gap, homeownership rate gap and mortgage gap. The income gap causes the homeownership rate gap and the mortgage gap. Lenders want to make more money by using AVMs. Everyone else understands this except HUD. HUD is being bamboozled by lenders and politicians with their own agendas.

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Appraisal 76

Business Wire M&A

FEBRUARY 22, 2023

--(BUSINESS WIRE)-- #corelogic--CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has acquired Roostify, a leading digital mortgage technology provider. Due to limitations on when and how

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Technology 75

Appraisers Blog

JUNE 15, 2023

If you are working in the mortgage industry and you aren’t writing a near narrative report, I just fear that when it craps, they will come back to blame the appraiser and having little data to support your opinions, without additional consideration to those higher and lower being included in the report just opens up your liability.

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Appraisers Blog

MARCH 27, 2023

The truth of the matter is that appraisals are an essential part of any mortgage transaction and should not be taken lightly or eliminated without due consideration. Without them, there can be no assurance as to whether a homebuyer will get what they pay for or if lenders will make bad investments with their money.

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Appraisal 143

Appraisers Blog

OCTOBER 11, 2022

New revelations from the nation’s second-largest mortgage lender will make the U.S. Related Posts: $599 Waiver to Save the Borrower Money? Remember when we heard an appraisal waiver will save the borrower money?…. taxpayer want to take a good long pull on the nearest bottle of hand wash. Wells Fargo at It Again!

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Appraisers Blog

JANUARY 2, 2024

The agents want it to close, the seller wants to sell, the buyer “loves” the home and wants to buy and the lender or FannieMae doesn’t make any money until a mortgage is signed, so there is NO ONE in our court; the Appraisal Institute has NO clout except to fine appraisers who commit a “typo” in the report, otherwise all (..)

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Appraisal 75

Business Wire M&A

APRIL 3, 2023

(NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced that it has acquired Wyndham Capital Mortgage, a leading fintech mortgage lender in an all cash transaction.

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Technology 52

Appraisers Blog

JANUARY 10, 2024

Viola, just like that, you’d own the home in 7 years without ever making one mortgage payment. So it continued, despite warnings on the few social media sights that was around at the time, until there was not enough money coming in to float the top. I watched many of his speeches in churches. What were the results? I could go on.

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Appraisers Blog

FEBRUARY 19, 2024

[link] The notion that it’s only 50% or whatever, of a million dollar loan… Even a hundred thousand… These relief policies would not exist if lenders were loaning their own money, were not able to offload losses back to the public coffers, were not operating on a fractional reserve basis.

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Appraisal Marketability 76

Henry Horne

NOVEMBER 3, 2022

Stop throwing money away in rent. Reliably pay your mortgage to build good credit history. We’ve all heard the benefits of home ownership. Build generational wealth. All great reasons. But there’s more. Home ownership has a tax component. Here’s what you need to know about home ownership deductions.

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Appraisers Blog

AUGUST 6, 2023

It is against the law to punish the appraiser not ordering any more from him/her, for other treason than quality issues (the reason must be told in writing to the appraiser), but it is another possible law suit(s) which can take years and a LOT OF MONEY. Let mortgage companies figuring out how.) Am I wrong?

Appraisal 76

Appraisal 76

Benzinga

NOVEMBER 18, 2022

The company is engaged in providing demand deposit accounts, savings, and money market accounts, certificates of deposits; commercial, consumer, and real estate mortgage. First Community Bankshares Inc is a financial holding company that provides commercial banking products and services. Full story available on Benzinga.com.

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Appraisers Blog

JULY 12, 2023

We are told this may be the first case of this type of mortgage fraud brought to the courts in the entire United States. We now hold an empty equity bag that we have been pouring money into for several years. VA confirmed it would NEVER had guaranteed the initial had it known the true history of the ‘for salvage’ structure.

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Appraisers Blog

SEPTEMBER 2, 2022

Claims of tainted appraisal unmask something else… the renewed “churning” of mortgages by nonbank lenders. Related Posts: Anti-Appraiser Agenda Money may have been used to buy influence and promote the current anti-appraiser narrative being embraced by key public servants….

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Appraisal 98

Appraisers Blog

JUNE 27, 2023

The appropriate flag for the amc industry is the pirate flag, all they do is abscond with other peoples stolen money, then brag about record setting business growth. The amc industry does not attract honest people and that is a bonafide fact. I like your home owner and pre listing strategies, I used to do some of that.

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Appraisers Blog

SEPTEMBER 22, 2023

The mortgage rates have destroyed refinancing and most of home sales in my market. I primarily do VA, hard money bank work, private appraisals, and most of that has dried up. My total volume is down almost 55%. I’ll ride this out with my side gig until the new disasterous 1004 is rolled out.

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Appraisal Banking Marketability 75

Appraisers Blog

SEPTEMBER 29, 2023

There is no money in health, only illness. Same thing for mortgage loans though, these monolithic monopolized industries manufacture a need when there was really not that much need in the first place. This one is off topic but so entertaining.

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Appraisers Blog

FEBRUARY 6, 2024

Hounded by the mortgage people whom flaunted the exception to the separation of mortgage production rules which they were entirely familiar with as their majority work came from non VA origination. I’ve never fielded as many phone calls and emails. They relished in such. They’d still be in business today.

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Appraisers Blog

JULY 6, 2023

Someone needs to explain to the director that when one leverages their home via a mortgage loan, the bank owns the property, they’re just living in it. Also, it may be difficult for any group to pass down wealth to generations when their money is taxed over and over again.

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Equity Appraisal Banking Marketability 76

Appraisers Blog

JUNE 2, 2023

Amc’s handle 80% of all mortgage lending work in this country. Skating by on the waiver did not save me very much money. The amc’s have played it fast and loose, presuming appraisers would opt out rather than pushing back. Nobody will care, the scope of the issue is incredible. Separate billing for separate services.

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Appraisal 76

Appraisers Blog

JUNE 2, 2023

3619 also would require appraisal management companies to itemize appraisal fees in mortgage loan documents. My money is on a REVAA lobbyist making a counter phone call which resulted in the shelving of the proposal. link] Congressional budget office report.

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Appraisal Banking 76

ThomsonReuters

OCTOBER 19, 2023

An easy way to think of it is like a mortgage for a house. In this case, the bond holder essentially assumes the same role as a bank lending a 30-year mortgage to a home buyer. By establishing a sinking fund, the issuer is taking steps to ensure there is enough money available to repay the debt.

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Banking Finance Marketability 52

ThomsonReuters

NOVEMBER 15, 2023

If your total itemized deductions, which include charitable contributions, mortgage interest, and medical expenses, exceed the standard deduction amount , itemizing can be more financially beneficial. This includes receipts for charitable donations, medical expenses, property taxes, and mortgage interest, among others.

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Fair Market Value Banking Marketability Compliance 94

Lighter Capital

SEPTEMBER 26, 2023

Just as with a credit card or a home mortgage, a bit of fiscal knowledge will help you avoid unscrupulous lenders and manage debt without drowning in it. Think about a home mortgage. You might struggle to do the math if you have monthly recurring revenue (that’s intentional), but it’s sure to cost you a lot of money in interest.

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Benzinga

MARCH 30, 2022

Additionally, saving time, energy, and money while protecting property will boost the growth of the market. Additionally, rising residential infrastructure and lower mortgage rates will increase the footprint of the market. COVID-19 Impact. Pandemic to Push Market Toward a Moderate Growth due to Increasing Residential Construction.

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Appraisers Blog

MAY 19, 2023

They have years long waiting lists of desperate poorly qualified people whom spend their entire days picking up $8 per photo request orders and $25-$50 simple home inspection requests which are completed for everything from asset management to insurance for auto home and commercial, and now to include mortgage lending GSE work. Imagine that.

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Appraisal Start-ups 98

Musings on Markets

MAY 5, 2023

A bank collects deposits from customers, offering the quid quo pro of convenience, safety and sometimes interest income (on those deposits that are interest-beating) and either lends this money out to borrowers (individuals and businesses), charging an interest rate that is high enough to cover defaults and leave a surplus profit for the bank.

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Banking Equity Start-ups Treasury 76

Lighter Capital

JULY 20, 2023

Debt financing is a method for raising capital in which a business or entrepreneur borrows money from a lender or bank, then repays it at a later date, with interest, according to the terms in the repayment agreement. Think about your mortgage. It’s best to start with the basics. Why do startups use debt financing?

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Appraisers Blog

MAY 26, 2023

Bureaucrats often find it difficult to stop the process of handing out special favors, when they do so with other peoples money, no risk to themselves personally.

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Reynolds Holding

APRIL 26, 2022

Fixed income markets, particularly government securities, money markets, and repurchase agreements (“repos”), are integral to how central banks around the globe administer monetary policy. government and as taxpayers, raise money: We are the issuer. And yet, bonds are far from the “dullest” market in the world. and around the world.

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Benzinga

OCTOBER 31, 2022

During the third quarter of 2021, accelerated pre-payments on mortgage-backed investment securities caused the premiums paid on these investment securities to be amortized into expense on an accelerated basis thereby reducing income and yield earned. when compared to the same period of 2021.".

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Banking Dividends Marketability Equity 40

Burch & Co.

AUGUST 1, 2017

Money market funds. Options on mortgage-backed securities. Money-market funds. Mortgage-backed securities (MBS). Covered activities and products include: Public offerings and/or private placements of corporate securities (stocks and bonds). Mutual funds. Unit investment trusts (UITs). Exchange traded funds (ETFs).

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Corporate Finance Banking Finance Equity 40

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff An unpaid secured lender with a prepetition mortgage does not have a right to receive payment of proceeds from a postpetition sale of real property. Gabriel Eckstein St. 2] In 2022, the Debtor commenced a chapter 11 bankruptcy case. [3]

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Banking Finance 40

Valutico

SEPTEMBER 13, 2023

The Discounted Cash Flow (DCF) is a leading valuation method that calculates value based on future cash flows, considering time value of money. One common approach is considering the profits it makes and the money it’s expected to make in the future. What are the Main Ways to Value an SME?

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Discounted Cash Flow Comparable Company Analysis Asset-based Approach Intangible Assets 52

Farrel Fritz

AUGUST 7, 2023

million in a non-arms-length transaction” from which Francois allegedly collected all the proceeds, and separately “secretly caused JJS to refinance the mortgage on the Premises several times and cashed out millions of dollars for himself.” If forced to do so, the defendant could then move to join or consolidate.

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Farrel Fritz

MAY 29, 2023

Defendants also alleged that the notice of election was defective because it failed to include a release of defendants as guarantors under the existing mortgage on the LLC’s realty, unlike the outside buyer’s offer which included repayment of the existing mortgage.

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Start-ups Equity Liquidation Value Marketability 52

RNC

APRIL 24, 2023

Securing financing: A property valuation report is a prerequisite for mortgage loan approval as it assures lenders that the property is worth the loan amount, benefiting both the lender and the buyer. Avoiding overpaying: Without a property valuation, buyers may overpay for a property not worth the price.

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