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After industry criticism, FHFA revises changes to Suspended Counterparty Program

Housing Wire

These include misconduct in the context of civil enforcement, and criminal or civil misconduct in connection with the management or ownership of real property. In July 2023 , the FHFA added more forms of counterparty misconduct to keep regulated entities from doing business with organizations found to have committed fraud.

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Asian real estate group, other advocates claim Florida law violates Fair Housing Act

Housing Wire

Alex Kelly, the Secretary of Commerce; Patricia Fitzgerald, the chair of the Florida Real Estate Commission; as well as several state attorneys. from purchasing or acquiring any interest in real property in the state.” from purchasing or acquiring any interest in real property in the state.”

Law 421
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4 ways to effectively train your title agency employees

Housing Wire

Develop a mentoring or coaching program Much has been made about the title industry’s silver tsunami — the anticipated departure of seasoned long-tenured professionals due to retirement. Hands-on training and experiential learning are crucial for developing a practical understanding of the intricate transactions and procedures of title work.

Training 435
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Ethics is Our Solution

Appraisal Buzz

If a user of valuation services finds it necessary to question the development and/or results of a valuation report prepared and signed by a credentialed valuation professional, that client can simply inquire. Many advances have been made over the years to enhance techniques for developing real property valuations.

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How to reduce appraisal turn times and improve the borrower experience

Housing Wire

As the appraisal industry struggles to meet demand, Voxtur has developed a solution to streamline the process. For appraisers, we have developed an end-to-end, encrypted, AI-driven platform to streamline scheduling, manage payments, and facilitate direct, real-time communication between stakeholders.

Appraisal 418
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FHFA Re-Issues Rule on Suspended Counterparty Program

Appraisal Buzz

FHFA has carefully reviewed the feedback from stakeholders in developing this re-proposal, which will better ensure the regulated entities’ safety and soundness so they continue to serve as a reliable and stable source of liquidity for the U.S. housing finance system.”

Finance 433
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Risk Exposure in the Title Insurance Space 

Appraisal Buzz

“, the paper estimates that the title insurance industry’s work to maintain accurate and reliable property records mitigates $600 to $900 billion in risk exposure to home buyers, lenders and other participants in real estate transactions.

Insurance 384