Remove tag covid-19
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VA extends deadline for loan deferment

Housing Wire

The circular noted that if the borrower opts for loan deferral, no added costs, fees, or interest will be tagged onto the borrower. However, the department is waving this requirement due to the COVID-19 pandemic. Additionally, there will be no penalty for early payment of the deferred amount, the VA said.

Loans 407
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ProperSign launches eSign tool for RON capabilities

Housing Wire

” QuickSign users can add one or multiple signers, upload and tag documents, select the signing order, and send them off to be electronically signed, the company said in a release. This trend became a necessity during COVID-19 when real estate and title professionals found many that of their clients wanted to do business remotely.

Title 340
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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

This type of sales growth — which couldn’t happen from 2008-2019, as I have often stated — is coming with a hefty price tag. A lot of housing bears didn’t make COVID-19 adjustments to the purchase application data and truly believed housing was crashing because of the negative year-over-year data trends.

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Stepping up the fight against fraud in mortgage lending

Housing Wire

The transition to a largely remote workforce during the COVID-19 pandemic only gave criminals more of an incentive to attempt to deceive lenders or misrepresent qualifications. The COVID-19 pandemic, coupled with skyrocketing refinance applications due to a low interest rate environment, have created a perfect storm for fraud.

Lending 446
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Opinion: The “profitless boom” in residential construction

Housing Wire

’ Other factors that have played a role in the supply shortage include increased freight costs caused by the impacts of COVID-19, a nationwide housing shortage and unprecedented demand for new housing stock. . When supplies are low, charges inevitably go up, but not everyone feels the higher price tags are reasonable.

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Housing Market Tracker: A notable drop in inventory

Housing Wire

To sum it up, inventory is falling like it usually does at this time of the year, but some of that inventory can be tagged to the current better demand from lower mortgage rates. Seasonal increases are the norm each year outside of 2020 because of COVID-19.

Marketing 541
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Rising Silicon Valley home prices aren’t deterring buyers

Housing Wire

Local Coldwell Banker agent Theresa Wellman said the seven-digit price tags of the area, which has a median listing price of $1.4 But in the hot housing market of 2021, even those homes are getting immediate, multiple offers when they hit the market. million, haven’t been scaring off potential homebuyers.

Land 353