Housing Wire
MAY 15, 2024
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.
Housing Wire
NOVEMBER 30, 2021
The movement to embrace appraisal modernization techniques also holds the promise of removing the potential for racial bias, better supporting efforts to remove valuation gaps that persist in minority neighborhoods. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4%
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Housing Wire
OCTOBER 23, 2020
The AUS is built upon FHA’s Catalyst technology platform – a modernization initiative the company says will build trust through “reliable and accurate data, facilitating modern systems for the FHA program participant community.” It is modernization of the entire process.
Housing Wire
SEPTEMBER 7, 2023
Edgerton will now oversee the company’s legal affairs, such as regulatory compliance, trademark protection, and contract management. Prior to joining LeadingRE, Reisinger served as Regional Director for relocation and client development at Coldwell Banker. million global transactions a year.
Appraisal Today
DECEMBER 16, 2022
Industry Insider Insight on Risk and Modernization. Fannie New Appraisal Form Modernization. The developer wanted to fit multiple units on a small, oddly shaped parcel of land in a neighborhood of traditional homes in British Columbia. FYI, CRN (Collateral Risk Network) was set up for AMCs and lenders. Worth attending.
Appraisal Buzz
DECEMBER 27, 2021
Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. Thus, the FHFA will likely have to develop a set of best practices in the coming years to prevent these snags and protect you and lenders. Shifting Toward Modernization. of homes are valued lower than the contract price.
Housing Wire
AUGUST 31, 2022
So much has evolved in the real estate process – agents and brokers no longer flip through the pages of MLS books, thumb through a Rolodex or fill out carbon copy contracts with their clients.
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