PERSON OF THE WEEK: Mortgage servicers handling loans in COVID-19 forbearance plans are under close scrutiny by the Consumer Financial Protection Bureau and other regulatory bodies to ensure that loss mitigation activities give borrowers every opportunity possible to stay in their homes.
And, in order to not draw additional scrutiny, servicers must deliver flawless customer service to borrowers in forbearance plans, so as to not draw complaints that will get them “red flagged” by
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
