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...
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Can appraisals shield lenders from buybacks?
November 15, 2016
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...
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Next-generation platform delivers real-time transparency for appraisal management and title information
January 19, 2016
How transparent are your appraisal management and title services vendors? Our survey of the market showed that most lenders say not good – and they want better.
Mortgage loans, home equity loans and HELOCs are complex and have a lot of moving parts, especially with the increase in regulatory overhead. Banks, credit unions and other real...
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