Housing Wire

APRIL 27, 2021

In response, Remote Online Notarization, something that had been technically legal on a federal level since the turn of the century and for which technology already existed, became the hot issue of the day. payment amount in 2017?” The rush to digital was no longer just wishful thinking. Fortunately, such technologies exist today.

Mortgage 404

Mortgage Technology Tools Modernization 404

Housing Wire

AUGUST 31, 2022

The first category is real estate credit, which covers most establishments focused on lending with real estate as collateral. The second category is mortgage and non-mortgage brokers, which includes establishments that facilitate lending by bringing borrowers and lenders together. Source: Nationwide Multistate Licensing System.

Lending 382

Lending Mortgage Real Estate Loan Officers 382

Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

Appraisal Today

MAY 10, 2024

There is administrative time involved, as well as legal factors. This initiative was subsequently reaffirmed in the issuance of VA Circular 26-17-18 in July 2017. In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending. First, the burden on borrowers. They start the row.

Reconsideration of Value 69

Reconsideration of Value Appraisal Real Estate Insurance 69

Housing Wire

MARCH 29, 2022

And if these agencies were to find that a merger ran counter to public interest because of a bank’s discriminatory lending practices, it’s not likely anyone would know about it. And HUD can bring lawsuits claiming bias in mortgage lending. The law also required banks to lend within their communities. But there was a catch.

Lending 370

Lending Government Law Mortgage 370

Zillow

JANUARY 22, 2018

Plus, with more than one person on the loan, the legalities of who owns the home can get tricky. According to the Zillow Group Consumer Housing Trends Report 2017 , more than three-quarters (76 percent) of American households who bought a home last year obtained a mortgage to do so.

Mortgage 36

Mortgage Legal Lending Buyers 36

Housing Wire

JULY 20, 2022

Accessory dwelling units are increasingly legal. Consequently, the study found that the actual ADU’s being built come from people with the means to either pay all cash in constructing the secondary homes or absorb the lending terms. ADUs were legalized statewide in 2017. But are they affordable?

Finance 382

Finance Legal Landlords Construction 382

Housing Wire

JULY 8, 2022

With the change of Federal administrations in 2021, it didn’t take long for the Consumer Financial Protection Bureau (CFPB) to signal that it would prefer to see more LEP services made available, particularly in the mortgage servicing and lending sectors. As far back as 2017, approximately 9% of the U.S.

Law 393

Law Advertising Contracts Government 393

Housing Wire

NOVEMBER 12, 2020

Just before Cordray stepped down in November 2017, he promoted English from chief of staff to deputy director, positioning her to take over as acting director upon Cordray’s departure. That set off a legal battle over who was really in charge of the CFPB, and U.S.

Development 450

Development Legal Law Lending 450

Clear Capital

NOVEMBER 30, 2021

They are a digital lending platform. And sort of like came to the US in 2017 with like, a certain idea. The thing about the qualifications is the only reason they exist and the only reason there’s a very tedious process is because of how fundamentally broken the legal system is. But that’s mobile first.

Landlords 69

Landlords Real Estate Tenants Investing 69

Housing Wire

MARCH 15, 2022

A recent judge’s ruling in pending litigation involving student-loan securitization trusts could have far-reaching legal and financial implications for the private-label securities market. The CFPB sued the student loan trusts in 2017, claiming they engaged in prohibited debt-collection and litigation practices.

Legal 433

Legal Law Investors Finance 433

Housing Wire

JUNE 25, 2021

” In other words, the agency said the 2020 update to the Fair Housing Act would have made it harder for those seeking justice to meet the legal threshold for proving unintentional discrimination. By 2017, the Trump administration, via the Department of the Treasury , called on HUD to reconsider how it used the disparate impact rule.

Legal 447

Legal Housing Market Landlords Development 447

Housing Wire

FEBRUARY 7, 2022

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 370

Insurance Modernization Lending Mortgage 370