Remove 2021 Remove Development Remove Insurance Remove Modernization
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Kadasinghanahalli Joins Mortgage Guaranty Insurance Corporation

Appraisal Buzz

MGIC Investment Corporation’s principal subsidiary Mortgage Guaranty Insurance Corporation (MGIC) has announced that Sri Kadasinghanahalli joined the company on October 18, 2021 as Vice President of Systems Development.

Insurance 195
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Ready or not, CRA modernization is at the door

Housing Wire

The Office of the Comptroller of the Currency , the Federal Deposit Insurance Corporation and the Federal Reserve , which together proposed the changes to the CRA, so far have not suggested that any changes be made to how the law is applied to merger and other applications related to acquisitions and expansions.

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Should You Buy a House with Knob and Tube Wiring?

Lamacchia Realty

However, the general rule of thumb is that it needs to be replaced in 60 days to obtain home insurance. No home insurance, no mortgage. Getting Insurance for a Home with Knob and Tube Wiring. Obtaining insurance for a home with knob and tube wiring comes with a specific set of requirements. April 8, 2021.

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Maintain that Workfile

Appraisal Buzz

Adoption of the Square Footage-Method for Calculating, American National Standards Institute (ANSI) Z765-2021 upended the long-standing routine and methodology for thousands of appraisers. All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety.

Appraisal 417
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FHA to “reassess” Catalyst appraisal tech solution

Housing Wire

The Federal Housing Administration on Thursday said it would pause the mandatory effective date for its electronic appraisal delivery module because it is “reassessing aspects of [its] development and implementation.”. Then, in September of 2021 , leaders at the FHA said lenders would have to make the switch to FHA Catalyst by March 14, 2022.

Appraisal 384
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Another lender settles redlining accusations with DOJ

Housing Wire

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Federal officials said similar banks generated five times as many loan applications from prospective Black and Latino home buyers as Lakeland.

Law 396
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State Appraisal Boards – What Do They Look For?

Appraisal Today

Brand your appraisal practice Make it easier for customers to send you referrals by developing a brand that they will remember. 2 Lenders require appraisers to carry E&O insurance because they routinely seek to hold appraisers responsible for loan losses. Here’s how to get referrals for your appraisal business.