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The Appraisal Foundation Releases New Reference Manual For the 2020-2022 USPAP Publication

Appraisal Buzz

The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP), now available online , comes with a first-of-its-kind reference manual designed to help you quickly find answers to your USPAP-related questions.

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Lender Price launches new tool to automate base pricing

Housing Wire

Lender Price , a leading provider of mortgage loan product and pricing technology, has launched Base Price Solution (BPS), a new pricing tool designed to help banks, lenders, and credit unions optimize their pricing strategies. Users can also set custom pricing rules based on factors such as seasonality, demand, and competitive pressures.

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The Appraisal Foundation Releases New Reference Manual For the 2020-2022 USPAP Publication

McKissock

The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP), now available online , comes with a first-of-its-kind reference manual designed to help you quickly find answers to your USPAP-related questions. The following outlines some of the reference manual features.

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Fannie Mae warns Northern CA mortgage lenders of child support income scheme

Housing Wire

Refer to public record data to determine the authenticity of supporting documents contained in the loan file.” For lenders who suspect that they may have clients attempting to perpetrate the scheme, Fannie Mae recommends documenting all applicable details.

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Drama mounts in Sitzer trial as HomeServices files a motion for mistrial

Housing Wire

The drama continues on Wednesday After a night to think it over, HomeServices of America filed a motion for a mistrial, claiming that the Tom Ferry podcast, which the filing refers to as the “ambush video,” is “extraordinarily prejudicial.” According to the filing, the video was not produced during discovery or placed on the Exhibit List.

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Fannie Mae makes further changes to appraiser independence requirements

Housing Wire

AIR is designed to “safeguard the independence, objectivity, and impartiality of appraisers and other Independent Parties throughout the valuation process for 1 to 4-unit residential properties,” according to Fannie Mae. Fannie Mae published a new frequently asked questions (FAQ) document related to AIR this week.

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CFPB aims to remove medical bills from credit reports

Housing Wire

The Bureau has “broad concerns” related to the accuracy of such data due to consumer-reported billing errors being “widespread,” as well as the inability of debt collectors to cross-reference their information with the up-to-date billing information of medical providers themselves.

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