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CHLA: Here’s how to modernize ‘short-changed’ Ginnie Mae

Housing Wire

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. The second recommendation is a straightforward request to increase the company’s budget.

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CoreLogic experts explore new ways for data and AI to impact real estate

Housing Wire

Singh explains that modern AI tools require increasingly larger amounts of data than ever before. CoreLogic ensures that its data is used under the proper legal contracts and obligations. CoreLogic relies on an internal governance structure to guide its use of AI solutions based on what happens in the larger regulatory market.

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Home sales are going to nosedive in 2023, Fannie Mae says

Housing Wire

trillion in 2023, according to the government-sponsored enterprise. HousingWire recently sat down with Polly CEO Adam Carmel to discuss how lenders can break old habits and redefine the mortgage process through innovation and modern, advanced technology. contraction in real GDP in 2023. Presented by: Polly. million in 2023.

Contracts 448
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Opinion: What the ICE-Black Knight merger means

Housing Wire

The result is higher costs, lower productivity, unmeasured quality, and systemic exposure as government monopolies take most of the risk and make most of the money. Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability.

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A Push to Artificially Raise Property Values

Appraiserblogs

You can read it here in this link: Class Valuation Appoints EVP Of Valuation Modernization – NMP But if you don’t want to muddle your brain cells very much, here are the highlights: A new CV Executive Vice President has been hired to “focus on removing bias from the “equation” in appraisals.” I added the. the sales comparison approach….

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Maintain that Workfile

Appraisal Buzz

The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety.

Appraisal 417
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State of the mortgage industry half-time report

Housing Wire

Distrust : Consumer trust has fallen across all sectors of business and government in the U.S. For example, he explained that companies are converting real estate into NFTs and using a smart contract to close in a few days rather than weeks. The 2022 Edelman Trust Barometer reported distrust is now society’s default emotion.

Mortgage 423