Homeowner optimism is continuing to outpace that of actual property appraisal values, according to a report from Quicken Loans.
Read More »The Week Ahead: Will Homeowners, Appraisers Find Common Ground?
History has shown that homeowners typically value their homes at a higher price point than appraisers, and as the housing market evolves, these opinions were beginning to inch ...
Read More »Homeowner, Appraiser Value Gap Widens for First Time in 6 Months
What homeowners think their houses are worth and what they’re actually worth are slightly off nationally, and the gap between owner estimates and real appraisals widened in February for first time in six months.
Read More »Will Quicken Loans be Granted a Venue Change to Settle Toxic FHA Loans Allegations?
See what Quicken's counsel for the case told MReport about the allegations against them and why they feel the case should be moved to Detroit.
Read More »Homeowners, Appraisers Closer to Seeing Eye-to-Eye
History has shown that homeowners typically value their homes at a higher price point than appraisers, but as the housing market evolves, these opinions are inching closer to reaching a point of equilibrium.
Read More »Appraiser Home Values Still Short of Homeowners’ Opinions
Appraisers and homeowners just cannot seem to find common ground in valuing their home, but they are getting closer to seeing eye-to-eye.
Read More »Quicken Loans Launches Innovative Loan Originations Platform
As the mortgage lending industry moves into the future, the next clear step for most lenders is to fully embrace next-gen tech solutions that will allow borrowers to complete their loan originations completely online.
Read More »Homeowner & Appraiser Opinion Gap Narrows
Homeowners and appraisers are inching closer to seeing eye to eye in terms of home value opinions. Quicken Loans’ national Home Price Perception Index found that the average appraisal in November was 1.87 percent lower than the value the homeowner expected.
Read More »Quicken Loans Raises Speculation of Exiting FHA Home-Loan Program
Earlier this year, the nation's third-largest mortgage lender and the Department of Justice went back and forth in a legal battle accusing the lender of improperly originating and underwriting Federal Housing Administration-insured mortgages. This battle could very well be the lender's motivation to leave the government program alone for good.
Read More »Quicken Credit Box Flies Open: Borrowers With 580 Credit Scores Obtain Home Loans
The tightened credit box routinely blamed for curtailing a full-blown housing recovery turned a corner in the second half of 2015, with Quicken Loans reporting originations to borrowers with credit scores as low as 580.
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