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Wholesale, TPO, Verification, Appraisal Products; What are Lenders Doing About Rising Credit Costs?

Yesterday, a clown held the door open for me. It was such a nice jester. On the flip side, it’s not nice being taken advantage of and lenders are feeling Thunderstruck about, as this Commentary has mentioned several times, credit costs being jacked (more below). On the inflation theme and a little more mainstream, for me and plenty of people who read this Commentary every day, is the egg price fixing that has been occurring. (Remember when prices were way up around Easter?) Although inflation has been slowing, we don’t need this stuff. And the price of the twelve gifts described in the classic song “The 12 Days of Christmas” is at a record high of $46,730, according to PNC’s 2023 Christmas Price Index. At the other end of the cost spectrum, how’d you like to live like Martha Stewart (for a night) for $11.23? Rent her place! (Today’s podcast can be found here, and this week’s is sponsored by MCT. MCT’s technology and know-ho ....

United States , Justin Demola , John Fraas , Ginnie Mae , Martha Stewart , David Laz Lazowski , Anjelica Nixt , Freddie Mac , Dave Stevens , Michael Crockett , Neil Merritt , Steve Jacobson , Luxury Mortgage Corp , Credit Reports Initiative , Product Strategy Development , Time Close Program , Cornerstone Capital Bank , National Mortgage News , Fannie Mae , Fair Isaac Corporation , Broker Products , Class Valuation , Valuation Connect , Richey May , Luxury Mortgage , Dream Home ,

Class Valuation Strengthens Market Presence through Strategic Acquisition ...

Class Valuation Strengthens Market Presence through Strategic Acquisition . ....

United States , Jon Lyons , John Fraas , Jeff Coury , Appraisal Management Company , News Network , Class Valuation , Valuation Connect , Mortgage Connect ,

Class Valuation acquires AMC Valuation Connect

Class Valuation continues its appraisal acquisition spree, this time acquiring a subsidiary of technology company Mortgage Connect LP. ....

United States , John Fraas , Jeff Coury , Landmark Network , Class Valuation , Mortgage Connect , Valuation Connect , Pendo Management ,

Class Valuation reveals another appraisal acquisition

Acquired AMC company has a strong foothold in Maine and New England ....

United States , John Fraas , Class Valuation , New England , Home Appraisal ,

Class Valuation Acquires PropertyVal

/PRNewswire/ Class Valuation announced today another key acquisition in PropertyVal. Founded in 2006, PropertyVal is a leading AMC started by Robert and Amy. ....

United States , New Hampshire , John Fraas , Appraisal Management Company , Expands National , Amy Strong , New England , Class Valuation , Robert Strong , Staff Appraiser ,