Tag Archives: compliance

10 Tips to Save Money on Appraisals

Social Media Appraisal Tip Green   With mortgage rates rising and loan volumes likely to decline as a result, it's more important than ever to find ways to lower your cost per loan and squeeze out inefficiencies across the mortgage and home equity loan process. To... Read more

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

2015 year-in-review technology update from the CIO of Accurate Group

“One damn thing after another!”  This image was copied from a newspaper published in 1909 and subsequently quoted by Mark Twain, Winston Churchill, Eckard Tolle and others. It never changes. onedamnthingBut one thing you should NOT have to deal with in 2016 is unresponsive vendors hamstrung by technology roadblocks. The beginning of each... Read more