Tag Archives: appraisal compliance

Can appraisals shield lenders from buybacks?

Social Media Appraisal Tip Green They can if the appraisal conforms to criteria recently outlined by Fannie Mae. Beginning December 10, 2016, lenders using Fannie Mae’s Collateral Underwriter® (CU™) tool will receive representation and warranty relief for the appraised value on properties with qualifying scores of 2.5 or... Read more

FHA EAD compliance – what you need to know

Appraisal Tip Small - Accurate GroupCompliance Alert: Beginning June 27, 2016, all FHA loans will require Electronic Appraisal Delivery (EAD) through the FHA’s EAD portal. The EAD portal is a web-based platform through which mortgagees, their authorized users and/or their designated third-party service providers (like Accurate... Read more

Why consider real estate appraisal outsourcing?

Many real estate lenders and mortgage servicers are still managing their own appraisal management function. As a result, adhering to regulatory compliance requirements has become a significant and expensive burden for these firms. In addition, the complexity of maintaining compliance is putting many firms in the risky position of being non-compliant. In fact, 75% of... Read more

Accurate Group technology update from our CIO

Hard to believe that half the year has gone by already.  I hope 2015 has been good to you!  Please let me take this moment and provide you a glimpse into our technology activities as your managed services partner. We understand dependability is important to your success.  We are proud to report that Accurate maintained a 100%... Read more