Remove Lending Remove Presentation Remove Valuation
article thumbnail

A Log Home Valuation

Appraisal Buzz

The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? It’s apparent when someone has little to no knowledge regarding log home valuation. Most appraisers would gladly take a log home valuation class if it was offered to the public.

Valuation 396
article thumbnail

Stepping up the fight against fraud in mortgage lending

Housing Wire

As origination volumes hit record highs in 2020, Truework’s verification experts saw a spike in fraud in mortgage lending, and expect that trend to continue this year. Presented by: Truework. Now is the time for lenders to tighten their procedures not only on recruiting and hiring practices, but also lending operations.

Lending 476
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

JPMorgan Chase amps up correspondent lending

Housing Wire

Presented by: WFG. The MSR valuation rose 12% over the prior quarter. The post JPMorgan Chase amps up correspondent lending appeared first on HousingWire. As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. billion in loans serviced in Q4 2019.

Lending 384
article thumbnail

Valuation Expo 2024 Recap: Veni, vidi, vici.

Appraisal Buzz

Friends, appraisers, countrymen, lend me your ears: I’m Jason Covington, Tennessee appraiser, here to share my insider impressions of Valuation Expo XXI. But somehow, Hal — who had a hurt ankle and was walking with a cane — limped onstage for his opening “VET” talk (Valuation, Education, Tech). Email comments@appraisalbuzz.com.

Valuation 286
article thumbnail

Will AI solve the problem of appraisal bias?

Housing Wire

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. So, what can be done to mitigate bias and inequality in the valuation process?

Appraisal 505
article thumbnail

JPMorgan Chase’s mortgage business getting back to normal

Housing Wire

In its earnings presentation on Tuesday , the nation’s largest bank by assets said it had actually pared back its $15 billion in loan-loss reserves by $569 million in the third quarter. billion in revenue from its home lending division in the third quarter, according to the investor presentation. 30 had a total of $28.5

Business 418
article thumbnail

FHA’s manufactured housing loan program gets a facelift

Housing Wire

The Title I program insures mortgage loans made by private lending institutions to finance the purchase of a new or used manufactured home.). One of the updates to the program is enhanced value determinations, which will now “use a sales comparison approach” and allow for qualified FHA roster appraisers to perform valuations, the FHA said.

Finance 476