Housing Wire

JANUARY 17, 2024

The DNA and mission of this website has not changed, rather Mortgage Matchup provides a new visual identity to help us resonate with consumers in a more modern, approachable way. Of the total, $29.7 billion came from Q3 alone, a decline from the previous quarter’s $31.8 billion and $33.5 billion in Q3 2022.

Mortgage 426

Mortgage Real Estate Agent Modernization Retail 426

GoForrmz

MARCH 28, 2022

In the modern workplace, business-critical data can come from a vast number of sources, making it difficult to standardize and sanitize data entry, while streamlining the flow of information and providing a source of truth for business insights. To put it simply, it is impossible to ‘future-proof’ data without sufficient data governance.

Government 142

Government Business Modernization Investing 142

Housing Wire

OCTOBER 5, 2023

Mortgage-backed securities have cheapened to some of the widest levels in modern history in the past few weeks as global investors sell off government bonds and central bankers in Europe and the U.S. double-down on stiff monetary policy, according to Bloomberg.

Mortgage 476

Mortgage Modernization Government Investors 476

Appraisal Buzz

MARCH 21, 2024

The 30-year government veteran is an internationally recognized leader in bank supervision and an outspoken advocate for housing finance innovation, Argyle says in a release. Cave has more than three decades of experience in U.S. banking regulation.

Government 195

Government Finance Technology Modernization 195

Housing Wire

AUGUST 25, 2022

From modernizing appraisal technology to the government heightening their focus on appraisal bias, there’s no shortage of important and noteworthy topics to unpack in the appraisal space,” Brena Nath, director of HW+ and events, said. Appraisal Modernization: What’s the end game?” That is why HW Annual Oct. will be held on Oct.

Appraisal 384

Appraisal Modernization Appraisal Process Technology 384

Housing Wire

SEPTEMBER 7, 2023

The Appraisal Institute has been criticized for a lack of diversity in its ranks and acknowledged a need to modernize. The appraisal industry is under scrutiny from various federal agencies and the government-sponsored enterprises over claims of racial bias. According to the group’s own statistics, 78% of U.S. as Hispanic.

Appraisal 347

Appraisal Valuation Government Modernization 347

Housing Wire

JULY 21, 2023

Under the FHA Modernization Act of 2008 , sellers, lenders and others with a financial interest in a real estate transaction are prohibited from providing DPA to FHA borrowers. If this change were made, the FHA program would join the other government-insured programs offered by the U.S. Bush administration in 2004. “If

Modernization 326

Modernization Insurance Sellers Real Estate 326

Housing Wire

MARCH 28, 2024

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. For lenders, the market offers the prospect of a new and growing line of business.

Business 448

Business Finance Buyers Lending 448

Housing Wire

NOVEMBER 10, 2020

The validation and approval of Classic FICO by the enterprises allows them to continue supporting the mortgage market while assessing more modern credit score models that were submitted in response to the 2020 Joint Enterprise Credit Score Solicitation ,” the FHFA announced.

Government 539

Government Modernization Finance Development 539

Housing Wire

NOVEMBER 10, 2023

District Court in the Southern District of New York, alleging that Real Estate Board of New York rules governing the multiple listing service in Manhattan kept commissions high and violated state and federal antitrust laws. On Wednesday, Manhattan home seller Monty March filed a lawsuit in U.S. Garfield & Co , Level Group, M.N.S.

Real Estate 480

Real Estate Brokerage Sellers Law 480

Housing Wire

APRIL 4, 2024

representatives at federal agencies reinforced their support for the new rules that would modernize the Community Reinvestment Act (CRA), a few days after a federal judge in Texas granted a preliminary injunction to banking associations that seek to halt its implementation. This week in Washington, D.C.,

Modernization 262

Modernization Law Legal Landlords 262

Housing Wire

AUGUST 31, 2022

Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditional approaches are falling behind, said Perry Steiner, chairman and CEO of Xactus said. Gloudeman started on Tuesday. . where he left as chief compliance and regulatory counsel.

Modernization 370

Modernization Clients Technology Insurance 370

Housing Wire

MAY 1, 2023

With a residential PACE loan, renovations are financed and are then paid back by the borrower as property tax payments to their local government, resulting in higher property tax payments for borrowers. Eligible renovations can include property preparation for natural disasters or modernization to a home’s electrical or water systems.

Property Taxes 331

Property Taxes Renovations Finance Lending 331

Appraiserblogs

OCTOBER 17, 2022

Last week’s article titled “The Government Screwing Over an Entire Industry” strengthened my conviction how eager and anxious Fannie, Freddie, and certain Congress persons are to replace appraisers with computer programs. Racial Bias: Redlining in the Modern Era.are they behind this modern day redlining?

Modernization 101

Modernization Government Real Estate Appraisal 101

Housing Wire

AUGUST 3, 2022

AMCs, potentially even more so than firms who do business with the government-sponsored enterprises, are heavily influenced by changes to conventional appraisal standards. “The tech involved in those modernized products prevents human to human interaction,” Oglesby said.

Valuation 373

Valuation Appraisal Modernization Technology 373

National Association of Realtors

MAY 3, 2023

NAR urges the Federal Housing Finance Agency (FHFA) to encourage competition, transparency, responsibility, and accountability among the valuation counterparties of the Government Sponsored Enterprises (the Enterprises).

Modernization 49

Modernization Valuation Appraisal Government 49

Clear Capital

MARCH 23, 2022

Last year’s acquisition of CubiCasa by Clear Capital, a national real estate valuation technology company, was just one step in the firm’s overall mission to modernize the appraisal process, a top official told Mortgage Professional America. READ FULL STORY.

Appraisal Process 36

Appraisal Process Modernization Appraisal Inspection 36

Housing Wire

JANUARY 25, 2023

We’ve been very involved in appraisal modernization [and] investment over the past five years,” Kenon Chen, EVP of corporate strategy at Clear Capital, said. “We’re We’ve been a company that’s been investing very heavily in bringing data analytics and technology into the valuation space.

Valuation 413

Valuation Technology Modernization Appraisal 413

Housing Wire

JANUARY 10, 2023

GSE modern appraisal programs are finally expected to transition from test-and-learns to policy, the FHFA appears ready to accelerate work streams and data after their fintech RFI, and the ASC will begin conducting public hearings on appraisal governance and bias starting January 24.

Modernization 378

Modernization Finance Appraisal Valuation 378

Housing Wire

JANUARY 12, 2024

If that were the case, the government itself could charge individuals and institutions a usurious amount for loans or for the creation of infrastructure. Finally, anyone who thinks that pricing is really the result of a fine-grained process and not fetishism refuses to see the evidence from the decades of claptrap called modern economics.

Supply Chain 400

Supply Chain Finance Development Modernization 400

Appraiserblogs

MAY 26, 2022

You can read it here in this link: Class Valuation Appoints EVP Of Valuation Modernization – NMP But if you don’t want to muddle your brain cells very much, here are the highlights: A new CV Executive Vice President has been hired to “focus on removing bias from the “equation” in appraisals.” I added the. the sales comparison approach….

Modernization 121

Modernization Valuation Appraisal Government 121

Appraiserblogs

MAY 18, 2022

Related Posts: How to Destroy the Appraisal Profession Anytime the government gets involved in an issue, it tends to have more adverse effects than positive ones. the modern appraisal industry perpetuates racial inequality through its continued use of the “sales comparison approach”. Sales Comparison Approach is Racist ".the

Appraisal 132

Appraisal Government Modernization Realtors 132

Housing Wire

AUGUST 2, 2023

Government-sponsored enterprise Fannie Mae this week released new updates to its appraiser independence requirements (AIR), and also established new property data independence requirements (PDCIR) simultaneously. Fannie Mae published a new frequently asked questions (FAQ) document related to AIR this week.

Appraisal 292

Appraisal Valuation Design Modernization 292

Housing Wire

MARCH 21, 2023

The government-sponsored enterprise (GSE) approved six vendors following the roll-out of its new valuation initiative. It’s a welcome move for mortgage tech firms in terms of modernization in the industry. Accurate Group and Black Knight ‘s Collateral Analytics LLC.

Valuation 229

Valuation Modernization Appraisal Appraisal Process 229

Housing Wire

APRIL 21, 2021

The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021. Within the RFI, the FHFA sought insight on the appraisal policies, practices and processes of Fannie and Freddie, especially as it relates to the GSEs’ appraisal modernization efforts.

Real Estate Agent 418

Real Estate Agent Valuation Appraisal Modernization 418

Housing Wire

NOVEMBER 17, 2022

The Appraisal Institute has acknowledged that it needs to modernize. Korver-Glenn and Howell said that dating back to 2013, homes in white neighborhoods have been appraised as being worth $371,000 more, on average, than homes in white neighborhoods. The racial gap itself in appraised values increased by 75% during that period. as Hispanic.

Appraisal 333

Appraisal Valuation Modernization Property Appraisal 333

Housing Wire

JUNE 9, 2021

IMBs have expanded because of the warehouse lending and short-term credit provided them by the nation’s depositories and because they can sell their loans into the government-guaranteed agency secondary market ( Ginnie Mae , Fannie Mae , Freddie Mac ).

Lending 458

Lending Development Government Finance 458

Housing Wire

JUNE 8, 2022

The government-sponsored enterprises, Fannie Mae and Freddie Mac , allow for the commingling of digital and paper notes in securitized mortgage pools. ” “We just have to do a little bit of modernization and we will be able to deliver that,” she said. Our programmers are busily coding.”.

Modernization 328

Modernization Government Mortgage Technology 328

Housing Wire

DECEMBER 30, 2022

That I’m proud of the role that they are playing in helping modernize mortgage production and the secondary market? This was an important milestone in digitizing government lending, which was roughly a $757 billion market. HW: Falcon Capital regularly works with government agencies in program management and regulation strategy.

Lending 351

Lending Transportation Government Mortgage 351

Housing Wire

DECEMBER 2, 2020

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. It would require coordination and cooperation with government and the transformation of processes and systems within industry giants.

Mortgage 365

Mortgage Lending Technology Modernization 365

Housing Wire

DECEMBER 1, 2020

A simple, ancient practice, one that often goes unnoticed despite the critical role it plays in the lives of millions of Americans, is getting modernized. They have developed technologies that update the process to mirror the modern way you do your banking, shop, and do pretty much everything else: by using the internet.

Law 394

Law Modernization Technology Legal 394

Housing Wire

MAY 24, 2023

There are also plans in place for the government-sponsored enterprises (GSEs) to transition to two credit reports from the national consumer reporting agencies within a year, as opposed to three, in an approach called “bi-merge” rather than “tri-merge.” credit score models and outlined the timeline for implementation.

Finance 346

Finance Lending Modernization Mortgage 346

Housing Wire

NOVEMBER 19, 2021

In a virtual seminar Thursday on “modern-day redlining,” attorneys from Garris Horn, LLP , said the CFPB’s current definition of the practice is better termed “marketing discrimination.”. Since HMDA was introduced, regulators’ definition of redlining has evolved. The HMDA data is a crucial tool for the CFPB in constructing redlining cases.

Lending 335

Lending Modernization Tools Mortgage 335

Housing Wire

JULY 5, 2022

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. The post Clear Capital launches APIs to make adopting modern valuations solutions easier appeared first on HousingWire.

Modernization 387

Modernization Valuation Property Taxes Appraisal 387

Housing Wire

JANUARY 31, 2024

We went through a massive pivot last year, and we are solely focused today on really helping the modern retiree reimagine what their retirement years could look like through the power of their home equity,” Sieffert said. “We We had some in the market, pre-2008.

Mortgage 357

Mortgage Finance Business Development 357

Housing Wire

AUGUST 7, 2023

The result is higher costs, lower productivity, unmeasured quality, and systemic exposure as government monopolies take most of the risk and make most of the money. This merger means modernization that advances real estate toward an adaptive, sustainable and connected future.

Real Estate 342

Real Estate Supply Chain Architecture Brokerage 342

Appraisal Buzz

MAY 6, 2024

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks.

HOA 370

HOA Insurance Legal Fees Valuation 370