Industry leaders gathered recently at the 13th annual CBA LIVE for three days of discussion on challenges, trends and innovations impacting home equity lending. With home values continuing to skyrocket, modernization continues to be key in gaining market share.
Below we highlight three important takeaways from this year’s conference that we expect to make an impact...
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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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Inter Agencies Interim Rule on Deferring Appraisals…and Why You Shouldn’t!
April 17, 2020
Don't Defer Appraisals or Valuations to Tomorrow! They Can Still Be Done in Today's Market!
On April 14th, the federal banking agencies issued a final interim rule allowing lenders to defer appraisals. But why take unnecessary risk during this crisis by deferring appraisals when Accurate Group has a solution for any inspection assignment?The best solution, under current... Read more
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.