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Williston Financial Group’s MyHome acquires Volly

Housing Wire

The firm announced Thursday that MyHome , a WFG subsidiary, has acquired technology and marketing services provider Volly. Launched in 2004, 10 of the nation’s top 30 banks work with Volly. Williston Financial Group is closing out 2023 with yet another acquisition. The financial terms of the deal were not disclosed.

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CFPB considers ban on charging buyers for lender’s title policy

Housing Wire

We are working with agencies across the government to foster greater competition in the mortgage market and help Americans save money when purchasing or refinancing a home,” the spokesperson added. nationwide since 2004 and roughly 5% from 2019 to 2021.

Buyers 423
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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

Appraisal Institute Counters Flawed Appraiser Bias Narrative Excerpts: In reality, appraisers have a great story to tell, but we have a long way to go to refocus the terribly flawed “appraiser bias” narrative onto facts and science. Industry groups should also step up to support appraisers. It is human nature.

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Rocket Mortgage’s Rachel Robinson to speak at HW Annual

Housing Wire

As the housing economy becomes increasingly digital, appraisal modernization may hold the key to not only providing a better experience for borrowers and lenders but also reducing potential appraisal bias.

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Gentrification, Neighborhood Boundaries, and Bias

Appraisal Buzz

This article was originally published on the Sacramento Appraisal Blog here. So as an appraiser I need to be careful about crossing boundaries when choosing comps because prices might be different on the other side of a street. What I mean is the boundary line in North Oak Park is a bigger deal for value in today’s market.

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Lift the ban on lenders providing down payment assistance on FHA loans: Ted Tozer

Housing Wire

The housing environment is different today – where a lender has far less control over a home’s sales price and no control over the appraiser, according to a paper published by Ted Tozer, a non-resident fellow at Urban Institute and the former president and CEO of Ginnie Mae. “By Bush administration in 2004. “If

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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

Syndicated columnist Lew Sichelman reported Sunday that Dmitry Shkipin of HomeOpenly.com alleged that Rocket Homes was receiving what amounted to illegal kickbacks while violating consumer protection laws, market allocation practices, and antitrust laws.