Housing Wire

AUGUST 7, 2023

The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Consumers, communities and taxpayers are major beneficiaries.

Real Estate 351

Real Estate Supply Chain Architecture Brokerage 351

Housing Wire

OCTOBER 27, 2020

We’re the largest centralized mortgage transactional services provider in the country, backed by the country’s largest provider of title insurance services. These time-savings are critical in today’s lending environment. The best providers combine improving their clients’ processes with modernizing the consumer experience.

Clients 358

Clients Technology Insurance Loan Officers 358

Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? I am still messed up from the time change last Sunday. = By Dallas T. This kept appraisers busy.

Appraisal 70

Appraisal Inspection Modernization Business 70

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Presented by: FormFree. Attorney General Merrick Garland said in a statement. Perhaps not coincidentally, Lakeland this week agreed to a $1.3

Law 393

Law Loan Officers Lending Advertising 393

Listing Spark

AUGUST 17, 2023

The FHA has insured over nine million mortgages since 2009 , and as home prices have climbed higher than ever in the past three years, many prospective homeowners are turning to FHA loans due to the increased assistance and down payment requirements. FHA loans are becoming an increasingly popular option for buyers all across the home market.

Investors 36

Investors Investing Buyers Real Estate 36

Appraisal Today

APRIL 21, 2023

2 Lenders require appraisers to carry E&O insurance because they routinely seek to hold appraisers responsible for loan losses. Despite the fresh coat of paint and a small but modernized kitchen and bath, the home retains many of its original features, including the loft bedroom, where the school’s headmistress once slept.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Walitt Solutions

JULY 28, 2019

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Are these “other” inspection-and-valuation processes appropriate for lending? Is this so-called “new” process new at all?

Appraisal 28

Appraisal Inspection Valuation Lending 28

Housing Wire

MARCH 9, 2021

How hybrid title and valuations help increase lending efficiency. Presented by: Altisource. And the issue is only compounded by the fact that every state (and seemingly, every city) has its own rules and requirements to issue title insurance and hold a closing. It’s also a selling point to your potential lending clients.

Marketing 427

Marketing Technology Lending Business 427

Housing Wire

JUNE 17, 2022

The pushback from banks came after the Federal Deposit Insurance Corporation (FDIC) announced it is mulling changes to regulations that govern bank merger transactions and asked the industry for input. Presented by: William Mills Agency. One of a bank’s greatest assets is the intelligence they have from a client’s transaction data.

Government 376

Government Modernization Law Insurance 376

Appraisal Today

SEPTEMBER 23, 2022

Insurance companies. House Passes VA Appraisal Modernization Legislation. This legislation is an important first step towards broad modernization of VA appraisal processes and could make veterans’ home purchase offers more viable in today’s competitive housing market. Done for divorce and sometimes for estates.

Appraisal 52

Appraisal Marketing Business Contracts 52

Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Common fears are that their insurer will increase their premium or decline to renew their policy.

Appraisal 81

Appraisal Contracts Insurance Construction 81

Appraisal Today

OCTOBER 14, 2022

After many years of reading appraisal reports, my response is “One that leaves the reader with few unanswered questions, allows the data to tell the story, keeps appraiser interventions to a minimum and is able to present a case for what a property is worth, as well as what it is not worth.”. Many residents don’t have flood insurance.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. Senior administration officials claim that rooting out “modern-day redlining” is a top priority. But there was a catch.

Lending 365

Lending Government Law Mortgage 365

Housing Wire

OCTOBER 24, 2023

The Office of the Comptroller of the Currency , the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977 Community Reinvestment Act (CRA), which addresses systemic inequalities in access to credit. Barrs, Fed vice chair for supervision, said in a statement.

Retail 343

Retail Law Modernization Lending 343

Housing Wire

MARCH 24, 2021

Residential lending professionals today are being tasked to weather one storm after another. Without the opportunity to meet with a consumer face to face ­– in a branch, for example – lenders lack the ability to compare information in their portfolios with information presented in person. Leveraging technology can help.

Tools 382

Tools Technology Lending Business 382

Appraisal Today

SEPTEMBER 17, 2022

Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. Many homes were re-zoned a few years ago and needed flood insurance. Earthquake insurance is available but expensive. To read more, click here.

Appraisal 52

Appraisal Construction Contracts Insurance 52

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. ” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon.

Sellers 69

Sellers Agents Real Estate Buyers 69

Housing Wire

JANUARY 7, 2021

The taskforce report uses five interrelated principles that serve as the foundation for proposed systematic changes to the current legal and regulatory framework: consumer protection, information and education, competition and innovation, regulatory modernization and flexibility and inclusion and access. Presented by: SoftWorks AI.

Law 336

Law Modernization Legal Technology 336

Housing Wire

FEBRUARY 7, 2022

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD.

Insurance 357

Insurance Modernization Lending Mortgage 357