Appraisal Buzz

SEPTEMBER 13, 2021

PERSON OF THE WEEK: One of the main responsibilities of any mortgage servicer is resolving borrower complaints. Note that the term used is “resolving” – as opposed to “handling.” The post Zaid Shariff: Complaint Resolution Technology Adoption Lagging in Mortgage Industry appeared first on Appraisal Buzz.

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Housing Wire

FEBRUARY 6, 2024

The department has announced 12 redlining resolutions. million to resolve redlining allegations. It’s a coordinated enforcement effort to address the persistent discrimination against communities of color. In January, Tennessee-based community bank Patriot Bank agreed to pay $1.9

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Housing Wire

JUNE 2, 2022

Movement Mortgage will pay $75,000 to resolve allegations of racial discrimination, in violation of the Fair Housing Act, identified by undercover testers from the National Community Reinvestment Coalition. The agreement resolves a complaint the NCRC filed in October 2021 with the Department of Housing and Urban Development.

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Housing Wire

NOVEMBER 20, 2023

. “This development signifies progress in our ongoing efforts and commitment to a resolution – it’s a positive step forward in bringing these cases closer to the finish line.” In an email, a RE/MAX spokesperson also noted that the firm anticipates the final approval of the settlement some time next year.

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Housing Wire

FEBRUARY 17, 2021

The FHFA released its 2021 Scorecard for Fannie Mae , Freddie Mac and Common Securitization Solutions on Tuesday, adding new resolution planning requirements for the GSEs.

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Housing Wire

AUGUST 31, 2021

Borrowers can manage all types of hardship cycles from request to resolution, from any device. CARE Customer Service – Powers servicers to support borrowers using the same UI/UX borrowers are using, take over when they need help and resolve customer needs fast with real-time secure messaging and doc/data sharing.

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Housing Wire

JANUARY 30, 2024

Before proceeding further with discovery, almost certainly including requests to depose the highest-ranking officials at HUD and Ginnie Mae, the United States moves to stay discovery until its motion to dismiss is resolved. […] TCB is certain to seek to depose these officials, which courts recognize as especially intrusive discovery.”

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Housing Wire

DECEMBER 6, 2023

Keep everything private and work diligently to resolve the problem professionally. Yes, difficult situations will arise, but remind yourself that you are up for the challenge of finding a resolution that works for all parties. Don’t add gasoline to the fire. Suppose you’ve got a client selling a difficult property.

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Housing Wire

MARCH 15, 2024

“It’s been evident since the jury in Kansas City delivered a multi-billion verdict, after barely a few hours of deliberations, that a global settlement including NAR was the only viable resolution,” Green wrote in an email.

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DW Slater Company

JANUARY 12, 2022

It seems that we don’t really hear much about “New Year’s Resolutions” anymore. I “resolve” to do this or not do that and of course, that resolve can only go so far and we just feel like we failed. If I don’t make any resolutions, then I won’t fail, right? So it becomes more about goals than just resolutions.

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Housing Wire

MARCH 31, 2022

The defendants’ moved to delay their answer until April 18 in order to “allow the parties to determine whether the case can be resolved without further litigation.”. What would be a satisfactory resolution to both sides? The Oregon Real Estate Agency declined to say, instead noting that it is no longer enforcing the love letter ban.

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Housing Wire

MARCH 2, 2022

Naturally, continued and sustained improvement in the resolution of the seriously delinquent loan portfolio will be a consideration in our analysis of mortgage insurance premium pricing,” the HUD spokesperson noted. A report published in February by the American Enterprise Institute , a Washington D.C. year-over-year in December 2021.

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Housing Wire

MARCH 5, 2024

With Dara , every servicer in the $14 trillion industry can help borrowers faster throughout each phase of servicing, whether that’s regular payment and escrow activities or quickly resolving complex hardship and loss mitigation scenarios.

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Housing Wire

APRIL 27, 2021

TMS started by focusing on improving the little things, which then led to the company achieving some impressive statistics including: 90% first call resolution Under 5% abandonment rate 98% customer satisfaction 500,000+ borrowers. First in First Call Resolution. Of course, those are just the numbers. Be in the Know.

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Will Springer Realtor

APRIL 14, 2023

The sale of homes with pending legal issues cannot be completed until the matter is resolved. The president of the project developer told Puget Sound Business Journal that it hopes buyers can take possession of their condo residences this summer pending resolution. Stay tuned!

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Boston Appraisal

MARCH 18, 2024

Scenarios Necessitating Appraisers as Expert Witnesses: Property Disputes : Appraisers are crucial in resolving boundary disagreements, easement issues, or broader disputes over property rights. Their assessments can delineate how such disputes affect property valuation, informing legal arguments and potential resolutions.

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Housing Wire

JUNE 2, 2023

This resolution makes clear our commitment to holding banks and financial institutions accountable for modern-day redlining while ensuring access to fair lending in communities of color.” ESSA fully cooperated with the department’s investigation and worked expeditiously to resolve these allegations,” DOJ said.

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GoForrmz

DECEMBER 29, 2022

Resolve to streamline your business with digital forms in 2023 By now you’ve heard the phrase “New Year, New Me” at least a time or two, but have you started thinking about ways to apply that theory to your business? Capture Better Data If better data capture isn’t on your New Year’s resolutions list, it should be.

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Housing Wire

APRIL 30, 2024

A lower claims rate means that title agents are succeeding in their job by resolving any title issues and reducing risk upfront – protecting the largest asset most households will ever own and source of their greatest wealth over time. Success in the title insurance industry is measured by preventing claims in the first place.

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Housing Wire

MAY 9, 2024

We use it right now just in our client experience operations area and we’ve seen a 10% improvement in a really important metric, which is our first call resolution — basically, the first time you got a call, how long did it take to resolve? That alone is going to save us around 20,000 hours.

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Housing Wire

OCTOBER 29, 2020

To do so, the organization’s plan of action includes a roadmap, a resolution framework for the Enterprises, a strategy for CSS and providing FHFA stakeholders with accounting and auditing experience for post-conservatorship scenarios. When those will be released and what they will look like is yet to be determined.

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Housing Wire

JANUARY 31, 2021

We’re doing that by creating future tools within Servicing Gateway to improve servicers’ speed to market for mortgage resolution. New tools like PAID (Payments Automated Intelligent and Dynamic) and Resolve will play an important and positive role in the Servicing Gateway experience.”. Dave Lucchino, SVP, Single-Family Operations.

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Realvals

JUNE 18, 2023

Dispute Resolution When you find yourself in a disagreement regarding the value of a property, an appraisal can serve as a neutral, third-party assessment. Appraisals can be useful in these situations to help resolve any disputes between parties.

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Will Springer Realtor

MAY 13, 2024

Proceedings have lasted more than two years to help resolve claims of questionable workmanship affecting windows, ventilation and other items. There were no details of the resolution. All has apparently been settled before reaching trial, according to the HOA and its building management company.

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Housing Wire

SEPTEMBER 19, 2022

Thankfully, MBA is resolute to try to impress the adverse impact of this rule on Ginnie Mae leadership, but so many of us are literally dumbfounded by this current state. Legacy is what it is, and in this case, Ginnie Mae is headed down an unnecessary path to fix a problem that could be resolved in a far better way. billion in capital.

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McKissock

MAY 30, 2023

While likely to be resolved, the debate brings attention to uncontrolled spending increases and potential entitlement reforms. Debt ceiling debate The Biden administration has warned of possible default due to the ongoing debt ceiling dispute and a projected $1.5 trillion deficit.

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Real Estate Construction Appraisal Inventory 73

Housing Wire

MAY 25, 2023

Xu added, “ Resolving the debt impasse sooner rather than later would mitigate potential adverse effects on the housing market, which is already contending with high prices and elevated mortgage rates.” “Fitch still expects a resolution to the debt limit before the x-date. On Wednesday, Fitch Ratings placed the U.S.

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