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CHLA: Here’s how to modernize ‘short-changed’ Ginnie Mae

Housing Wire

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. CHLA added in a statement that the release of these recommendations is designed to coincide with relevant news.

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Opinion: The path to modernizing the appraisal process

Housing Wire

These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. The modern appraisal movement is accelerating.

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The Origence Mortgage Platform increases borrower visibility and engagement throughout the loan process

Housing Wire

Origence has addressed these common pain points by launching the Origence Mortgage Platform, a tightly integrated point of sale and loan origination system. The Origence Mortgage Platform removes inefficiencies from the loan origination process through automation and configuration.

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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

UAD originated in 2010 and since then we appraisers are accustomed to using codes like “C4,” “N;Res,” and “1200sf0sfin” in our mortgage appraisal reports to communicate the results of our analysis. It all starts with the standard appraisal forms used in the mortgage process. Most appraisers have diversity in their business channels.

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Appraisal Risk and Modernization

Appraisal Today

Industry Insider Insight on Risk and Modernization. Fannie New Appraisal Form Modernization. NOTE: Please scroll down to read the other topics in this long blog post on Fannie December newsletter, estate appraisals real estate market, unusual homes, mortgage origination stats, etc. Mortgage applications increased 3.2

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Help for troubled borrowers is on the way. But will it come soon enough?

Housing Wire

While the family’s income has been cut by almost half and inflation has increased their expenses, Wilen’s primary concern is his mortgage. mortgage for 12 months, and the county where he lives paid three months of his mortgage bill as part of an assistance program. He is afraid of losing his home.

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Tools To Support Appraisal Adjustments

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M Hamptons, NY Compound Comes With a 750-Gallon Shark Tank Excerpts: 24 bedrooms, 27.5

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