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Title giant Stewart sues Qualia over software licensing agreement dispute

Housing Wire

In 2015, Stewart was granted an “irrevocable and perpetual license” to install and use the ResWare software title production system product, which at that time was owned by Adeptive Software. The firm estimates that roughly 4,000 Stewart employees use the software on a daily basis. Adeptive was acquired by Qualia in Dec.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

If it appears to a VA appraiser that the appraised value of a property is going to come in below the pending sales price, the appraiser must contact the designated point of contact (POC) party that is specified in the appraisal order. If buyers cannot get insurance or it is very expensive, it will affect value.

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Help for troubled borrowers is on the way. But will it come soon enough?

Housing Wire

In 2015, the family paid $250,000 for a 2,900-square-foot house in Ormond Beach, Florida. Wilen’s case illustrates how some Americans have a lot to lose if policies designed to help mortgage borrowers don’t break right. States, overwhelmed with claims and understaffed, also had problems paying unemployment insurance.

Mortgage 345
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Unacceptable Appraisal Practices from Freddie Mac

Appraisal Today

Located on approximately 5 acres overlooking the Pacific Ocean, this spectacular 25,025-square-foot megamansion was designed by architect Robert A.M. It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising. Dig deep for comparables. 3 bedroom 3 1/2 bath home.

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Appliances for FHA appraisals

Appraisal Today

Bradley, SRA, CDEI In September of 2015, FHA revised Handbook 4000.1 An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. How does the FHA define appliances?

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). This tax directed is specifically at New York City because it is designated for cities in the state with populations of more than 1 million. November: Control of the New York State Senate flipped. Seriously.