Remove Contracts Remove Development Remove Insurance Remove Modernization
article thumbnail

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. This undermines Ginnie Mae’s ability to run a market-driven program.” This recommendation is based on two other ideas.

article thumbnail

Opinion: What the ICE-Black Knight merger means

Housing Wire

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Technology hasn’t been the barrier since 1998 when Equifax, and later other firms, developed systems to secure complex, multi-party transactions over the Internet.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

article thumbnail

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.

article thumbnail

FHA unveils Automated Underwriting System as part of modernization initiative

Housing Wire

The Federal Housing Administration announced on Wednesday the launch of its first automated underwriting system that will allow lenders to submit loan application data electronically for single family forward mortgages from their loan origination systems to FHA for mortgage insurance eligibility. It is modernization of the entire process.

article thumbnail

Appraisers Riding the Waves of Up and Down Mortgage Rates 

Appraisal Today

For starters, any development would have to pass through three levels of bureaucracy, as 4.1 Click here E&O Insurance Tips Many appraisers are very slow now. Unfortunately, very few appraisers who are leaving the business get “tail coverage” They just let their insurance lapse. acres in San Francisco. .

article thumbnail

How to Find a Property Manager Company in Ohio

The Robert Weiler Company

Also, you can sometimes obtain maintenance services at a discounted rate when the work is contracted through the property management company. Ask for referrals from industry professionals, such as commercial real estate brokers, appraisers, developers, and investors. Reduce legal concerns. What is their pricing breakdown?