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SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Housing Wire

Fannie Mae’s value acceptance+property data extends an appraisal waiver provided the property data is gathered by a vetted and trained third party and a floor plan is delivered to a desktop underwriter. SingleSource has been providing valuation services nationwide since 2000 and nationwide field services and inspection services since 2006.

Valuation 402
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Lawsuits, red tape & interest rates: Do mortgage JVs have staying power?

Housing Wire

On a sunny, serene fall afternoon, the Chicago neighborhood of Ravenswood featured quiet socializing on outdoor brewery patios, cyclists of all ages, and, hidden alongside the elevated train tracks, the headquarters of mortgage lender Guaranteed Rate.

Mortgage 393
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Waterstone Mortgage hires new digital marketing director

Housing Wire

He will also analyze the company’s best practices, trends and innovations in online marketing and train the marketing and sales teams on digital communication policies and the brand’s compliance with regulations. Quintans’ professional career spans more than two decades in mortgage lending.

Mortgage 370
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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

Kang, an LO who worked at Wells Fargo between 2000 and 2015, alleged that the bank paid advances on commissions at a rate of $12 per hour but then clawed it back. James Kang, the lead plaintiff, said Wells Fargo illegally clawed back compensation.

Legal 462
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Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

He was the fourth mortgage loan originator to join Guaranteed Rate in 2000. Covey, who joined Revolution as executive vice president in December, was brought on to train and hire top talent who can penetrate local markets with their own databases and networks. It’s the local relationships.

Mortgage 370
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Have You Ever Calculated Your Hourly Rate?

Appraisal Buzz

Not only did you learn that you aren’t worth as much per hour as you thought, you also trained yourself to think that all of your hours were the same $23 hours. This is how you start to train yourself to identify those hidden opportunities that you may have been missing in favor of doing the lower value activities.

Appraisal 435
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Make $10,000 Per Hour

Appraisal Buzz

Not only did you learn that you aren’t worth as much per hour as you thought, you also trained yourself to think that all of your hours were the same $23 hours. This is how you start to train yourself to identify those hidden opportunities that you may have been missing in favor of doing the lower value activities.

Appraisal 370