Housing Wire
NOVEMBER 8, 2021
First, he has his clients lender call the listing agent. This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. That never happens when a VA loan is involved.
Housing Wire
OCTOBER 4, 2023
When it concerns an assignment we worked on, we have a specialist team evaluate the complaint and advise our client on their response. We also assist clients with repurchase demands on loans we did not provide services. HW: How is artificial intelligence being integrated into the property valuation and appraisal process?
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Housing Wire
DECEMBER 21, 2023
The VA makes a guarantee to the lending institution for 25% of the loan amount and the lender is responsible for evaluating the eligibility of the borrower. MYTH: The appraisal process for VA loans is more stringent and difficult than conventional loans. David Smith is the VP of National VA Lending at loanDepot.
Housing Wire
MAY 2, 2021
With an increased demand for appraisals across the country, the need for efficiency during the appraisal process is greater than ever. Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states.
Housing Wire
AUGUST 30, 2022
While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.
Housing Wire
JUNE 11, 2021
Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.
Cleveland Appraisal Blog
NOVEMBER 3, 2022
Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. I think potential clients appreciate this.
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