Housing Wire
FEBRUARY 12, 2024
The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. Institutions are required to comply with laws and regulations, including anti-discrimination laws,” the statement read.
Housing Wire
JULY 14, 2022
to evaluate allegations of federal securities laws violations, prompted by a former top executive’s recent lawsuit. billion valuation via a merger with Aurora, sponsored by Novatar Capital. The post SEC looking at Better.com over alleged securities law violations appeared first on HousingWire.
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Housing Wire
SEPTEMBER 2, 2021
“There are a little more than 300 million shares of OPAD outstanding,” explained Ramey Lane, a law partner at Vinson & Elkins who specializes in capital markets and analyzed the businesses’ proxy statement prior to the completed merger. “At At an assumed $10 per share, that gets you about a $3 billion valuation.”.
Miller Samuel
APRIL 27, 2019
Back on April 19th , I wrote about the New York AMC law in my Housing Notes newsletter. After years of AMCs chipping away at the public trust, the New York AMC law was designed to protect the consumer. Here is the NYS "AMC Law" as a PDF or in plain text on the landing page of the law. No, it isn't.
Housing Wire
MAY 23, 2022
” The post Proposed VA appraisal law looks to even the playing field appeared first on HousingWire. Jones added that past funding fee increases may have put the funding fee schedule into “misalignment with the actual risk profile of veteran borrowers.”
Housing Wire
MARCH 26, 2024
The changes include communicating to applicants that they have the right to request a reconsideration of value (ROV); explaining why an ROV is denied or the valuation is unchanged; and training its credit, valuation and customer service staff on the topic. But the company hasn’t admitted any fault.
Housing Wire
JUNE 9, 2023
The guidance, to be published in the Federal Register with a 60-day public comment period thereafter, “shows how ROVs intersect with appraisal independence requirements and compliance with applicable laws and regulations,” according to the announcement. The guidance also prioritizes appraisers’ independence and responsiveness to consumers.
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