The Appraisal Standards Board (ASB) of The Appraisal Foundation recently announced that it has issued a 4th Exposure Draft for the 2020-2021 edition of the Uniform Standards of Professional Appraisal Practice (USPAP), which is open for public comments through April 1st.
Read MoreTopics: Lenders, Appraisers, AMCs, Compliance, Regulations, Appraisal Process Management, proposals, USPAP
Does your current commercial appraisal platform truly provide the functionality you need? More importantly, does it fit your unique business model and allow you to close your commercial loans as efficiently as possible?
Read MoreTopics: Lenders, appraisal technology, Vendor Management, collateral management, appraisal software, AMCs, Mortgage Companies, Global DMS, technology, Compliance, mortgage software, Appraisal Process Management, Credit Union, EVO-C, Commercial
Are you attending the upcoming Ellie Mae Experience in San Francisco from March 10th through the 13th? Several Global DMS representatives—including Vlad Bien-Aime, Jody Collup, Shawn Barmore, and Nick Myhasuk—will be in attendance for the duration of the event and will be located in booth #515 on the tradeshow floor.
Read MoreTopics: Lenders, appraisal technology, eTrac Enterprise Solutions, Mortgage Companies, Global DMS, residential mortgage industry, Mortgage Industry Conferences, Trade Shows, mortgage software, Global DMS Employees, Credit Union
The eTrac® Data Store has been equipped with a flood-related product from ServiceLink, known as the Life of Loan Determinations with HMDA Information.
Read MoreTopics: Lenders, collateral management, eTrac Enterprise Solutions, AMCs, Mortgage Companies, technology, Compliance, residential mortgage industry, mortgage software, Credit Union
Appraiser shortages, and a lack of new entrants into the profession, have dominated the headlines over the past several years – causing concerns throughout the mortgage industry. However, it appears the profession is beginning to gain traction again, which is a welcome site for the housing market.
Read MoreTopics: Lenders, Appraisers, AMCs, Mortgage Companies, residential mortgage industry, Credit Union, Commercial
Efficient turn-times are an essential component of the mortgage lending process, especially in today’s fast-paced market environment. Timely real estate appraisals play a vital role, yet many appointments are scheduled at the vendor’s discretion – which can lead to unforeseen delays.
Read MoreTopics: Lenders, appraisal technology, appraisal software, eTrac Enterprise Solutions, AMCs, Mortgage Companies, Global DMS, technology, residential mortgage industry, Appraisal Process Management, Credit Union
Freddie Mac recently announced that its January Forecast showed a steady housing market after a boost from lower mortgage rates and slowing home price growth.
Read MoreTopics: Freddie MAC, GSE, Lenders, Appraisers, AMCs, Mortgage Companies, residential mortgage industry, Credit Union
Mobile technologies (like smartphones and tablets) have greatly reduced turn-around times and overhead costs for businesses, because they allow professionals to efficiently work form anywhere using single-purposed applications that are designed to automatically streamline key business processes.
Read MoreTopics: Lenders, appraisal technology, eTrac Enterprise Solutions, AMCs, Mortgage Companies, cloud computing, residential mortgage industry, Appraisal Process Management, Credit Union
The American Society of Appraisers (ASA) and 15 other organizations recently sent a letter to several federal agencies—including the Federal Reserve, FDIC, and OCC—requesting that a public meeting be held as part of the process to determine whether to increase the residential appraisal threshold from $250,000 to $400,000.
Read MoreTopics: Lenders, Appraisers, AMCs, Compliance, residential mortgage industry, Regulations
Did you know that Global DMS’ eTrac® valuation management platform is seamlessly integrated with Ellie Mae’s Encompass® LOS?
Read MoreTopics: Lenders, appraisal technology, appraisal software, eTrac Enterprise Solutions, Mortgage Companies, Global DMS, residential mortgage industry, Mortgage Industry Conferences, Trade Shows, mortgage software, Appraisal Process Management, Credit Union
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