The CFPB recently announced changes to its Civil Investigative Demands (CIDs) policy to ensure they provide more information about the potentially wrongful conduct that is under investigation. To recap, the Bureau uses this policy when issuing subpoenas to companies who are under investigation for possible violations.
Read MoreTopics: Lenders, AMCs, Mortgage Companies, Compliance, Regulations, CFPB, Credit Union
Does your commercial appraisal software 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, Mortgage Companies, Global DMS, technology, Mortgage Industry Conferences, Conferences, Trade Shows, Appraisal Process Management, Credit Union, EVO-C, Commercial
Facebook recently announced some major changes to its advertising platform after being accused of enabling discrimination. The social media giant has faced years of scrutiny over its ad practices, which appeared to allow advertisers to exclude certain individuals from seeing housing, employment, and/or lending ads.
Read MoreTopics: Lenders, Mortgage Companies, Compliance, residential mortgage industry, Social Media, Credit Union
In its latest “Appraiser Update” newsletter, Fannie Mae discussed its ongoing modernization efforts and how it has begun testing new processes and technologies in the collateral risk management space.
Read MoreTopics: GSE, Fannie Mae, Lenders, Appraisers, AMCs, Mortgage Companies, residential mortgage industry, Newsletters, Credit Union
Appraising commercial real estate can be a time-consuming venture, lasting days or even weeks. After all that patience, and hard work by the appraiser, the last thing lenders want is pesky delays caused by inadequate management software that’s convoluted and times-out during important uploads.
Read MoreTopics: Lenders, appraisal technology, Vendor Management, collateral management, appraisal software, Mortgage Companies, Global DMS, technology, Appraisal Process Management, Credit Union, EVO-C, Commercial
Housing prices and home equity have steadily climbed since 2012, creating an increased demand in HELOCs from homeowners looking to cash in. With this demand expected to grow over the coming years, lenders have been presented with a unique opportunity to take advantage of these loan-types – especially as refinances continue to dwindle.
Read MoreTopics: Lenders, appraisal technology, eTrac Enterprise Solutions, Mortgage Companies, technology, cloud computing, residential mortgage industry, AVMs, Appraisal Process Management, Credit Union
The FHA recently issued two mortgagee letters, which provide updated guidelines for the its home warranty and inspection requirements for single-family FHA loans.
Read MoreTopics: Lenders, Mortgage Companies, Compliance, residential mortgage industry, Regulations, Credit Union
In today’s digital and fast-paced world, having the ability to send personalized mass-emails in a timely manner is essential for most businesses – including those within the real estate appraisal industry.
Read MoreTopics: Lenders, appraisal technology, Vendor Management, eTrac Enterprise Solutions, AMCs, Mortgage Companies, technology, Global Communicator, mass-emails, Credit Union
Text messaging is an efficient form of communication that most individuals utilize every day to instantly communicate important information. Even with this fact, many valuation management platforms have failed to adopt this common utility into their software and workflows.
Read MoreTopics: Lenders, appraisal technology, eTrac Enterprise Solutions, AMCs, Mortgage Companies, residential mortgage industry, Appraisal Process Management, Credit Union
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, appraisal technology, eTrac Enterprise Solutions, AMCs, Mortgage Companies, Global DMS, residential mortgage industry, mortgage software, AVMs, Appraisal Process Management, The Value of Data, Credit Union
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