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CFPB reverses pandemic flexibilities, vowing enforcement

Housing Wire

Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). Presented by: Proctor Loan Protector. The CFPB also now intends to take enforcement action against land developers subject to the Interstate Land Sales Full Disclosure Act under Regulation J.

Insurance 410
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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. By Dallas T.

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All You Need to Know About Reverse Mortgage Appraisals

AmeriMac

One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan. Unlike traditional mortgages, there are no monthly mortgage payments required with a reverse mortgage, which can provide financial flexibility for retirees.