Blog
Appraisal Threshold Increase Passes
October 2, 2019
The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency have adopted a final rule increasing the FIRREA threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000, effective October 9, 2019.
The Choice is Yours
How do you want to leverage technology now that you have access to a... Read moreAppraisal Threshold Increase Likely – 2 out of 3 Agencies Vote Yes
September 3, 2019
The FDIC and Office of the Comptroller of the Currency have decided to increase the FIRREA threshold for residential real-estate transactions requiring an appraisal from $250,000 to $400,000.
If the Board of Governors of the Federal Reserve also votes to increase as expected, lenders will have access to a new suite of valuations available for loans...
Read more
3 Ways Real Estate Lenders Can Avoid Mortgage Wire Fraud or a Cybersecurity Breach
July 17, 2019
Cyber fraud is a rampantly growing problem facing the real estate industry – and lenders need to arm themselves to prevent it. It only takes one breach to expose consumers and irrevocably damage a lender’s reputation.
So, how do you protect yourself? Here are three steps real estate lenders can take to avoid being a victim...
Read more