Remove 2015 Remove Lending Remove Loan Officers Remove Valuation
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Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Can’t make the time? Register to receive the full recording in your inbox as soon as it’s over!

Training 366
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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.” The mortgage loan officer handling the loan? From 2015 to 2018, there were 5 significant fires.

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“It’s math:” How mortgage solutions companies are fighting for survival

Housing Wire

The firm’s software — which it says streamlines the loan origination process by allowing document sharing and communication between loan officers and real estate agents — helped to close more than 77,000 mortgage applications per month, according to Porch. So it’s like middle-office, later stage workflow. Halbrook said.

Mortgage 355
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WFG reports its highest volume months ever during Q2 and Q3 of 2020

Housing Wire

“The market remains underserved in the sense that the mortgage lending market has changed so quickly that everyone is still trying to keep up,” Stone said. Another important landmark in 2015 was the addition of WFG Board Member Steve Ozonian as president and CEO. To 2021 and beyond.

Insurance 370
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Appraisal Risk, Reviews, and Revisions

Appraisal Today

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). The last one, in September 2015, destroyed nearly 2,000 structures. Is there room for more improvement?

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The fate of HUD

Housing Wire

A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD. In August, HUD Secretary Marcia Fudge signed an agreement with the Federal Housing Finance Agency to strengthen fair lending enforcement.

Insurance 353