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PunchList USA names chief product and data officer 

Housing Wire

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm.

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Fannie Mae extends relaxed appraisal, lending standards

Housing Wire

31, 2020, however Fannie Mae is now pushing that back to at least Jan. 31, 2020,” Fannie Mae said in a letter to lenders. Are borrower-assisted inspections here to stay? The issue of appraisers needing to inspect homes as part of the mortgage process became a concern as the virus continued to spread throughout the nation.

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5 Remote Inspection Tools for Desktop Appraisals

McKissock

Below are five remote inspection tools worth looking into. The following information is based on descriptions available online, provided by the product owners/developers. Another virtual inspection tool is HomeView by ValueLink, launched in July 2020. Next on the list of of remote inspection tools is Anow Walkthrough.

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CFPB outlines issues with illegal ‘junk fees’ by mortgage servicers

Housing Wire

These include excessive late fees and fees for unnecessary property inspections. The CFPB also described its findings related to unnecessary property inspection fees, stating that mortgage servicers charged consumers between $10 and $50 “for every property inspection visit to addresses that were known to be incorrect.

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Ginnie Mae extends some COVID-19 policies

Housing Wire

Ginnie’s delinquency reporting exemptions were first announced in mid-2020. At the time, the guarantor said it would exclude any new issuer delinquencies occurring on or after April 2020 in recognition that delinquency rates would likely swell in response to government-mandated forbearance.

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A View on Risk: Desktop Appraisals

Appraisal Buzz

Prior to 2020, the most common appraisal label in the mortgage origination ecosystem was the Full Appraisal. The onset of the Covid-19 pandemic in 2020 introduced two new appraisal labels – the Exterior-only Appraisal and the Desktop Appraisal. Appraisal Labels. interior and exterior). Lenders rely on regulation and policy.

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A New Appraiser Discusses his Journey into the Industry

Appraisal Buzz

When I walked into the Chicago Urban League in November 2020, I would have never thought I would be where I am now. During the event, Black Appraisers spoke about their experiences in the field, how it changed their lives, and its importance to community development. It all felt serendipitous.

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