Mortgage News Daily recently reported that Freddie Mac’s Economic and Housing Research Group has issued its October Forecast, which includes predictions into 2020.
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Mortgage News Daily recently reported that Freddie Mac’s Economic and Housing Research Group has issued its October Forecast, which includes predictions into 2020.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisers, residential mortgage industry, Freddie MAC, GSE
Keeping track of the statuses of all your appraisal orders can be an arduous task. Couple that with managing your vendors’ licensing and E&O statuses at the very same time, and this process can seem almost impossible.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Vendor Management, Appraisal Process Management, appraisal technology, eTrac Enterprise Solutions
Appraisers who value condemned properties typically find themselves in court to explain and defend their analysis and opinions. Because of this, the Appraisal Institute recently announced that it has published a new book for these professionals known as “Real Property Valuation Condemnation”, which focuses specifically on the subject of condemnation.
Read MoreTopics: AMCs, Appraisers, Lenders, Appraisal Process Management, Tips, releases, Compliance
Technology integrations help ensure process efficiency by providing users with seamless access to valuable data. At Global DMS®, we understand the importance of these integrations and strive to provide the data you need when you need it for all your valuations.
Read MoreTopics: Lenders, AMCs, Credit Union, Mortgage Companies, AVMs, eTrac Enterprise Solutions, Appraisal Process Management, appraisal technology, collateral management
The National Credit Union Administration’s (NCUA) Board announced that it has approved a proposed rule that would amend the administration’s real estate appraisal requirements for certain transactions.
Read MoreTopics: Credit Union, Appraisal Process Management, Compliance, Regulations, Commercial, AMCs, Appraisers, proposals
In an effort to prevent further losses to its Mutual Mortgage Insurance Fund (MMIF), the FHA recently announced that it will begin requiring lenders originating Home Equity Conversion Mortgages (HECMs) to provide a second property appraisal in cases where the agency determines that there may be inflated valuations.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, Compliance, Regulations, Appraisal Process Management, residential mortgage industry, AMCs, Appraisers
Having a seamless, workflow-driven valuation management process allows for quick, easy configurations and will all but eliminate manual touch-points.
Read MoreTopics: AMCs, Lenders, Mortgage Companies, Credit Union, Appraisal Process Management, eTrac Enterprise Solutions, MARS, residential mortgage industry, appraisal software, appraisal technology, MISMO, UAD, Compliance, collateral management, GSE
The Appraisal Institute® recently announced that it has launched an information system—known as the “Property Use Classification System” (PUCS)—which classifies and describes property uses and assists real estate analysts and others with their property use data storage and analysis.
Read MoreTopics: Commercial, Appraisers, AMCs, Lenders, Mortgage Companies, releases, Appraisal Process Management, appraisal technology, technology
When the mortgage industry thinks about the benefits of valuation management technology, it’s generally associated with compliance adherence, cost reductions, and efficiency gains. However, one key piece of functionality is typically absent from not only the minds of most decision makers, but also from most online appraisal management platforms: configurable workflow automation.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisal Process Management, appraisal technology, eTrac Enterprise Solutions, residential mortgage industry, cloud computing, technology, collateral management, Vendor Management
According to a recent study from Realtor.com®, home price cuts have begun increasing across the country. The company believes this may be an indication of a higher number of sellers beginning to react to “buyer fatigue” and adjusting their prices accordingly.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisers, residential mortgage industry
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