"As previously announced, Bank of America Home Loans plans to exit the correspondent mortgage lending channel and focus entirely on retail distribution for its mortgage products and services. After a ...
If discrimination is committed by appraisers – as the news headlines would suggest – fellow appraisers and real estate agents say they rarely witness or experience it. A survey of appraiser members ...
SUMMARY: The OCC, Board, FDIC, NCUA, Bureau, and FHFA (collectively, the Agencies) are jointly proposing a rule to implement the minimum requirements in the Dodd-Frank Wall Street Reform and Consumer ...
The move aims to reduce manual review work for lenders and appraisal management companies while improving consistency and ...
The real estate valuation, as we've known it in the past, is changing. Is your AMC keeping up? If your AMC isn’t leveraging tools like AI-powered machine learning and optical character recognition, ...
Six federal regulators recently issued a final rule setting requirements for state registration and supervision of appraisal management companies (AMCs). AMCs are entities that contract with and ...
I think that we can agree that the Home Valuation Code of Conduct (HVCC) is here to stay. The most recent change I see impacting the appraisal world are the states writing legislation in regard to ...
The path to homeownership is lined with middlemen. Real-estate agents, mortgage brokers, attorneys — all help push a deal through and then claim a fee when the ink dries. Most buyers are aware of ...
Department of Justice says appraisal company misinterpreted the 1968 Fair Housing Act A Black California couple’s home appraisal discrimination lawsuit received additional support last week from the U ...
The world’s population has grown to nearly 8 billion from roughly 2.5 billion in 1950. With this growth has come the demand for housing, especially in the United States, as 70+ million people in their ...
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