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Compass is Guaranteed Rate’s latest dance partner

Housing Wire

OriginPoint will originate mortgages for clients of Compass’s real estate brokerage, as well as any other brokerage, making loans available to a broad consumer audience,” per the release. Guaranteed Rate and Realogy teamed up for a mortgage origination joint venture when the pair launched Guaranteed Rate Affinity in 2017.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. The original appraisal waiver solutions were launched in August 2017.

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Solving for fraud, biometrics are the future of mortgage

Housing Wire

A financial services company I recently contacted used KBA to authenticate me as a client by asking, “What Bank had your Auto loan that had a $344.00 payment amount in 2017?” I had two car loans with different banks during those years. I had a 50/50 chance of getting the answer right. Fortunately, such technologies exist today.

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The growing support for female mortgage executives

Housing Wire

Kristy Fercho , executive vice president and head of Wells Fargo Home Lending, currently serves as vice chair of the board of the MBA, vice chair of the MBA’s Diversity and Inclusion Advisory Committee, co-chair of the Affordable Housing Council, and a member of its Residential Board of Governors. to lobby for the industry and homeowners.

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The appraisal industry’s hidden hand

Housing Wire

But DeZarn was an independent contractor business of one, and he lost his clients in 2008 when the housing market imploded. A variation of the conduct code was inserted into the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, and the modern AMC was off and running. It fit well.

Appraisal 417
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Appraisal Risk, Reviews, and Revisions

Appraisal Today

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). I have always collected all the money owed from my lender clients using the collection techniques I write about. Client Rating Grid.

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Appraisers: What should you have in your car?

Appraisal Today

Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. 2,500 sq.ft.,