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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. Lenders surveyed also think that modernizing appraisals could help enhance appraiser capacity and lower borrower costs.

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HUD proposes ‘modernizing’ servicer communications with defaulting borrowers

Housing Wire

Department of Housing and Urban Development (HUD) on Monday published a newly-proposed rule in the Federal Register that would allow mortgage servicers to use telephonic or other electronic means to communicate with a distressed borrower, in a way that is most likely to yield a response. “[T]his

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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession? Many stakeholders in the profession have given their opinions on what that means. Can it be abused?

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Ready or not, CRA modernization is at the door

Housing Wire

That’s partly because, according to a joint notice of proposed rulemaking from bank regulators on Thursday, banks’ performance would be judged by where they lend, not just where they have branches. Honestly we don’t know if that is coming or not,” said Ricard Pochkanawala, senior policy council at the Center for Responsible Lending.

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With the Origence Mortgage Platform, lenders can adapt their lending experience to meet borrowers’ needs

Housing Wire

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

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Xactus Hires Thomas Gallucci as EVP, Strategic Sales

Appraisal Buzz

Prior to joining Xactus, he served as senior vice president, business development at The Mortgage Collaborative (TMC), where he was responsible for managing the team that supported TMC’s 70+ preferred partner relationships. Prior to that, he served in business development, operations, and training roles with several lenders.

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21 podcasts mortgage professionals should be learning from

Housing Wire

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Host Phil Treadwell and industry experts share their experiences and advice on how to build more modern and relevant business. Mortgage Lending Mastery. Lykken on Lending. Mortgage Marketing Expert. Clear to Close.