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New American Funding onboards top Chicago loan officer 

Housing Wire

New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area. billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area.

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Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower. Tips for an On-Site Appraisal Inspection. Let the Appraiser Control the Inspection.

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UWM rolls out construction-to-permanent loans

Housing Wire

Once the loan is closed, UWM claims it will handle the rest of the process by staying in direct communication with the builder on subsequent draws, as well as subsequent inspections, to confirm the project is on pace. Department of Housing and Urban Development (HUD), according to lawyers.

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Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower. Tips for an On-Site Appraisal Inspection. Let the Appraiser Control the Inspection.

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Class Valuation’s CIO on solving the appraisal conundrum

Housing Wire

Another example is the LIDAR that’s now available on iPhones, which adds a whole other dynamic to developing point cloud technology to gather measurements and spatial information about anything that you’re scanning. Now, we’re giving a fully transparent data package to the appraiser that they have to use to develop their opinions.

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HUD’s Use of Convicted Felons to Ramp Up ‘Discrimination Testing’

Appraiserblogs

By foregoing contingencies such as home inspections and appraisals altogether, mortgage lenders risk violating their fiduciary duty – which is… The post HUD’s Use of Convicted Felons to Ramp Up ‘Discrimination Testing’ appeared on Appraisers Blogs. But What About Fiduciary Duty?

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Inside Fairway’s bold plan to boost reverse purchase business

Housing Wire

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. So real estate agents automatically get nervous [about a HECM being] an FHA loan. Harlan Accola.

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