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Appraisal modernization: What is going on with the forms?

Housing Wire

Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. No doubt, investment in modernization is needed in the appraisal process.

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CFPB, DOJ warn AI advances are not an excuse to break laws

Housing Wire

These automated systems are often advertised as providing insights and breakthroughs, increasing efficiencies and cost-savings, and modernizing existing practices. “Private and public entities use these [emerging A.I.]

Law 263
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Wall Street SFR firms accused of stripping equity from neighborhoods

Housing Wire

Institutional players in the single-family rental (SFR) market have been expanding their reach into select American neighborhoods since the global financial crisis of 2008, but they now find themselves in an uncomfortable limelight. . in 2021, and the number of tenants with fee arears increasing from 10% in 2018 to 20.7%

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HUD, White House announce new initiatives designed to boost housing supply

Housing Wire

HUD is also expected to publish a proposed rule to “streamline and modernize the regulations for the HOME Investment Partnerships Program (HOME program),” an annual block grant designed to address housing supply. HUD has allocated $4.35

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Federal agency members voice support for new CRA rules 

Housing Wire

representatives at federal agencies reinforced their support for the new rules that would modernize the Community Reinvestment Act (CRA), a few days after a federal judge in Texas granted a preliminary injunction to banking associations that seek to halt its implementation. This week in Washington, D.C.,

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Appraisal Risk and Modernization

Appraisal Today

Industry Insider Insight on Risk and Modernization. Fannie New Appraisal Form Modernization. NOTE: Please scroll down to read the other topics in this long blog post on Fannie December newsletter, estate appraisals real estate market, unusual homes, mortgage origination stats, etc. Worth attending. Appraisal Business Tips .

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How lenders can break through a siloed mortgage ecosystem

Housing Wire

Kevin Koon-Koon: Many mortgage lenders have invested heavily into technology, people and process improvement to modernize the homebuying journey. HW: In today’s uncertain market, how important is it for lenders to be able to offer borrowers an expedited timeline? appraisal, title, et al.),

Mortgage 261