How data and technology can combat evaluation bias
Over the past few years, evaluation biases have come to the forefront of conversations about evaluation and how they can be corrected. According to several reports, this has been an issue for a long time, but recently came into limelight with a high profile case in 2022 and increased discussion about fair and equal housing. […]
Is The Vandalically Unhealthy Housing Market Back?
Just when I thought market days were returning to normal, the number of existing homes dropped to 22 days. Why is this so important to me? If days on the market are in the teen years or even lower, that’s not a good sign for the housing market. I would say that being at that […]
What are Jumbo Loans in Arizona 2023?
When it comes to purchasing a home, buyers can have difficulty finding financing that exceeds the conforming loan limit. This is where jumbo loans come into play. What is Jumbo Loan? A jumbo loan A mortgage is a type of mortgage designed to help you buy a home over and above the limits set by […]
Mortgage Rates and the Fed Funds Rate [May 2023 FOMC]
The Federal Reserve raised the fed funds rate by 0.25 percentage points after its May 2023 meeting – its tenth increase since last March. The Group’s policy rate is now in the range of 5.00 – 5.25 per cent. Mortgage rates fell after the Fed’s announcement. The divergence of the fed funds rate and 30-year […]
Home Point, soon to be closed, lost $28 million in the first quarter
Home Point Capital reported another quarterly loss on Friday morning, two days after announcing it was being sold Mr. Cooper Group for $324 million in cash. The company will close in the coming months as a result of the transaction. In the first quarter, Home Point’s origination and servicing businesses were in the red amid […]
Regora launches valuation marketplace with ‘Uber-style’ algorithm
Valuation Management Software Company regora This week announced the launch of its Valuation Marketplace, which leverages company-managed data in an effort to improve valuation performance. Since most appraisal orders are sent to either an individual appraiser or an appraisal management company (AMC), orders have traditionally been issued to appraisers based on location and performance history. […]
What is Jumbo Loans in Georgia 2023?
For many individuals and families, owning a home is a lifelong dream. However, with rising real estate prices, some may seek financing in excess of the conforming loan limit. This is where jumbo loans come into play. What is Jumbo Loan? a jumbo loan There is a type of mortgage in Georgia that enables homebuyers […]
Clear Capital, ValueLink expand partnership
Real Estate Valuation Technology Company clean capital announced on Wednesday that it has expanded its partnership valuelinkAn assessment management platform to provide better support for assessment modernization policy changes. Through this expansion, ValueLink clients can now access Clear Capital’s proprietary Universal Data Collection (UDC) solution, which provides fast and accurate data collection and submission that […]
USDA Eligibility Map: Is Your Home USDA-Eligible?
fact checked each term is edited And fact check Curated by industry experts to ensure that we are providing accurate information to our readers. See our full Editorial Guidelines. Our advice is based on experience in the mortgage industry and we are dedicated to helping you achieve your goal of home ownership. We may receive […]
Housing Market Tracker: Spring Inventories Increase
Spring housing market music is playing, and application data and active listing inventory rose together last week. The fear of not increasing inventory this spring should be put to rest. The other focus should be on where mortgage rates go; Last week only a little happened. Here’s a quick recap of the past week: Active […]
