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News By Edition
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Valuation Review Edition
November 1, 2021
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Black Knight: Interest rates increased in September
Posted Date: Wednesday, October 27, 2021
Black Knight, Inc. released its latest Originations Market Monitor report, looking at mortgage origination data through September 2021.
Leveraging daily rate lock data from Black Knight’s Optimal Blue PPE, the Originations Market Monitor provides the industry’s earliest and most comprehensive view of origination activity.
Read o n for more information.
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Acquisition announced in lending sector
Posted Date: Wednesday, October 27, 2021
New Residential Investment Corp. recently entered into a definitive agreement with affiliates of The Goldman Sachs Group, Inc. to acquire Genesis Capital LLC, a leading business purpose lender that provides innovative solutions to developers of new construction, fix-and-flip and rental-hold projects and acquire a related portfolio of loans.
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Tech company adds video marketing to its toolbox
Posted Date: Wednesday, October 27, 2021
Big Purple Dot, provider of an ecosystem of mortgage marketing technologies, has added SMS/MMS video marketing to its all-in-one CRM lead management platform. The new SMS/MMS video tool empowers mortgage professionals to engage and retain customers in today’s highly competitive lending environment.
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Fannie Mae: High home prices weighing on homebuying sentiment
Posted Date: Monday, October 25, 2021
The Fannie Mae Home Purchase Sentiment Index decreased 1.2 points to 74.5 in September, as survey respondents continued to report divergent opinions of homebuying and home-selling conditions.
Overall, three of the index’s six components decreased month-over-month.
Read on for more from this report.
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FHFA: Housing prices increased in July
Posted Date: Monday, October 25, 2021
The Federal Housing Finance Agency recently published its house price index report for July 2021, showing house prices rose nationwide by 1.4 percent month-over-month and 19.2 percent year-over-year. The previously reported price change for June 2021, 1.6 percent, was revised upward to 1.7 percent.
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AMC expands on its tech tool for appraisers
Posted Date: Wednesday, October 20, 2021
Valuation Review concludes its conversation with Incenter Appraisal Management President Mark Walser, who gives more details about RemoteVal to further assist appraisers.
The technology also provides assistance to lender designated users.
Read on for final thoughts from Walser.
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NAR: Pending home sales recover
Posted Date: Wednesday, October 20, 2021
Pending home sales rebounded in August, recording significant gains after two prior months of declines, according to the National Association of Realtors (NAR).
Each of the four major U.S. regions mounted month-over-month growth in contract activity.
Read on for more from NAR.
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Survey: Safest cities in America noted
Posted Date: Wednesday, October 20, 2021
According to the personal-finance website WalletHub, just 38 percent of Americans believe they are “very confident” they can protect themselves from COVID-19 when they go out in public. Given this statistic, WalletHub released its report “2021's Safest Cities in America,” identifying those locations.
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Anchor Loans becomes first fix-and-flip lender to originate $10 billion
Posted Date: Monday, October 18, 2021
Anchor Loans, the nation’s leading provider of financing to fix-and-flip entrepreneurs, announced that its total originations have passed the $10-billion mark. This makes the company the first fix-and-flip lender to achieve this milestone, according to Anchor Loans.
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