This year marked the centennial for the Consumers Bankers Association and 10 years of CBA LIVE! Once again the conference drew record attendance. The big question dominating the conference was what attendees believed to be the #1 issue NOW for banks. The answer – implementing technology. Retaining talent and mitigating fraud were also on the...
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The 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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New U.S. Treasury Report Recommends Innovation in Appraisal Management Technology
August 13, 2018
Last month, the U.S. Department of the Treasury released a comprehensive report titled: “A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation.” The report touches on many sectors within the financial system – including the Mortgage Lending and Servicing sector.
In its findings on Mortgage Lending and Servicing, a prominent theme is...
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3 Reasons Top-Rated J.D. Power Home Equity Lenders Choose Accurate Group
May 21, 2018
In its 2018 study, J.D. Power predicts a boom in HELOCs, stating the number of consumers taking out a home equity line of credit will double to 10 million in the next five years.
Are you prepared?
According to its recent new study – J.D. Power 2018 U.S. Home Equity Line of Credit Satisfaction StudySM –...
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