“Bringing Katy onto our team is just the latest in a string of strategic hires and new office openings over the past six months to meet demand as Proper Title completed nearly 25 percent more residential closings in 2019 than the year prior,” said Kim O’Donnell, vice president of business development for Proper Title. “She brings a wealth of skills and industry ‘know how’ and is highly regarded throughout the industry for her responsiveness, professionalism and integrity. Katy has also built a vast network of trusted real estate professionals that we value and would be honored to serve.”Wholesale lenders have adopted different rules for appraisal transfers, loan product changes, and reporting formats, adding complications for brokers and appraisers ahead of the Nov. 2 mandate
Brokers preparing for next week's appraisal deadline face more than a change in reporting forms. Depending on the wholesale lender, an appraisal ordered before Nov. 2 may be subject to different acceptance rules, a transferred report may face additional requirements, and a c...
Rocket Mortgage data shows purchases involving older co-applicants have remained resilient
Young Americans are buying fewer homes than they were seven years ago, but purchases involving older co-applicants are bucking the trend.Home purchases by borrowers under 35 have fallen 15% since 2018, while purchases involving a co-applicant age 55 or older have increased r...
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