The Time to Embrace Technology is Now!
October 26, 2020
If 2020 has a theme, implementation of technology to enhance day-to-day operations would be it and as long-time proponents of embracing technology, we think it’s not only critical but imperative for long-term growth and to remain competitive in today’s marketplace.
This year CBA LIVE was no exception, hosting their first ever virtual conference and while there...
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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 moreThe FIRREA Appraisal Threshold Debate: Are You Ready?
February 5, 2019
As regulators work toward a decision on whether to increase the threshold for residential real-estate transactions requiring an appraisal from $250,000 to $400,000, many lenders and appraisers alike are wondering whether they are prepared, whatever happens.
For lenders, a higher threshold will offer more flexibility on the type of appraisal products they use. They stand to...
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