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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. Lenders surveyed also think that modernizing appraisals could help enhance appraiser capacity and lower borrower costs.

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FHA proposal would modernize communications with defaulted borrowers

Housing Wire

Department of Housing and Urban Development (HUD) single-family policies can be reviewed prior to going into full effect — the new “ Modernization of Engagement with Borrowers in Default ” document can be reviewed by stakeholders. Published on FHA’s Single Family Drafting Table — an online portal where proposed U.S. 1, 2025.

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FHA unveils Automated Underwriting System as part of modernization initiative

Housing Wire

The AUS is built upon FHA’s Catalyst technology platform – a modernization initiative the company says will build trust through “reliable and accurate data, facilitating modern systems for the FHA program participant community.” It is modernization of the entire process.

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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. The two desktop appraisal solutions were developed to meet new desktop appraisal guidelines in April. .

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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. This undermines Ginnie Mae’s ability to run a market-driven program.” This recommendation is based on two other ideas.

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RESPA Section 8 reforms and modernizations are sorely needed, MBA says

Housing Wire

The Mortgage Bankers Association (MBA) on Thursday released a new white paper , which argues that Section 8 of the Real Estate Settlement Procedures Act (RESPA) is in need of reform and modernization to better reflect “today’s highly-regulated mortgage market.” It was originally overseen by the U.S.

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Webinar Thursday | Revolutionizing Appraisals: The Road to Modernization

Appraisal Buzz

Join us for a free webinar on Revolutionizing Appraisals: The Road to Modernization this Thursday, November 14th at 1PM Central Time. Gain valuable insights into how modernization is transforming the industry and learn how to stay competitive in this rapidly evolving space. Appraisal Buzz: What is your background in the industry?