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HUD watchdog makes 35 recommendations to shore up issues

Housing Wire

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) on Tuesday released its priority open recommendations report, submitted to HUD Secretary Marcia Fudge designed to highlight as-yet unaddressed risks in the management of the department.

Design 426
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Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs

Clear Capital

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. Clear Capital’s automated status updates keep the lender informed in real-time.

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Opinion: Reformed FHA program will offer lenders new business opportunities

Housing Wire

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. The result is that safe and affordable financing is out of reach for tens of thousands of credit-ready homebuyers looking to purchase a manufactured home. Yet help might be on the way.

Business 426
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What your title company needs to succeed in 2023

Housing Wire

Here’s how to show them you’re in the know: Be a title expert Homebuyers want information that can make their decisions more manageable, especially information on title insurance, which they may have never heard of before starting the home buying process. Show them you understand the local nuances of the industry inside and out.

Insurance 334
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Title giant Stewart sues Qualia over software licensing agreement dispute

Housing Wire

24, 2023, Qualia informed Stewart that in an effort to “modernize” the “old legacy contracts” Adeptive had entered, it would be terminating the ResWare licensing agreement Stewart had entered with Adeptive on Jan. The firm estimates that roughly 4,000 Stewart employees use the software on a daily basis. Adeptive was acquired by Qualia in Dec.

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Senators reintroduce bill to allow remote online notarizations

Housing Wire

.” The bill has been endorsed by a wide array of organizations, including ALTA, Mortgage Bankers Association (MBA), the National Association of Realtors (NAR), the American Council of Life Insurers (ACLI). “It makes sense to embrace remote online notarization as a permanent innovation.” million in the U.S. –

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How 2020 raised the stakes for the mortgage industry

Housing Wire

More than that, the fintechs that flooded in brought with them a promise to modernize the mortgage industry with data-rich, cloud-enabled and digitally secure workflows. Meanwhile, companies like Matic Insurance and StreamLoan are finding ways to embed homeowners’ insurance quotes directly into the mortgage workflow.

Mortgage 347