Lenders are facing increasing pressure to modernize their home lending operations, lower costs, and reduce risk following a rapid rise of interest rates and resulting cooling of the housing market.
As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and ...
Former Ginnie Mae president says appraisal reform is stalling, calls for Congress to embrace data-driven valuations A former head of the Government National Mortgage Association (Ginnie Mae) is ...
The Federal Housing Administration fully automated the second-appraisal process for reverse mortgage lenders on Friday, a move it had promised would come by December 1st. In September, the agency ...
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