More homebuyers are scooping up properties with cash only, even in an environment for record-low mortgage rates, according to a recent survey. Campbell Surveys and Inside Mortgage Finance jointly released the HousingPulse Tracking Survey, collecting responses from about 2,500 real estate agents … [Read more...]
Graystone, Appraisal Logistics Continue Partnership
January 26, 2012 by
Graystone Mortgage and Appraisal Logistics have announced the continuation of their standing partnership. Currently, Appraisal Logistics facilitates compliance and risk management for Graystone, ensuring the quality of its lending transactions. Appraisal Logistics specializes in compliance … [Read more...]
Lisa Scott Joins MountainSeed Appraisal Management
January 10, 2012 by
MountainSeed Appraisal Management, a provider of appraisal management services to community and regional financial institutions, has announced that Lisa Scott has joined the company’s sales division. View post: Lisa Scott Joins MountainSeed Appraisal Management … [Read more...]
MIS Approved for UCDP Integration
December 1, 2011 by
Another company has announced its integration with the Uniform Collateral Data Portal, a delivery system that is now required for application compliance with the Uniform Appraisal Dataset. See original article: MIS Approved for UCDP Integration … [Read more...]
Appraisals and Seller Concessions … FHA Takes Note
October 12, 2011 by
In the summer edition of the Federal Housing Administration (FHA) Appraiser Newsletter, the FHA re-emphasizes the importance of appraisers correctly documenting any seller concessions on a property sale. Follow this link: Appraisals and Seller Concessions ... FHA Takes Note … [Read more...]
DataQuick Unveils New Appraisal and BPO Review Tool
October 7, 2011 by
DataQuick, a provider of advanced real estate information solutions powered by data, analytics and decisioning, has announced the release of AppraisalQ, a new appraisal and broker price opinion (BPO) review tool. AppraisalQ evaluates and scores valuations based on six criteria: Appropriateness of … [Read more...]
Focus on Appraisals, Appraiser Hurdles, and AMC’s; Bank of America Details Mortgage Exit Strategy
October 4, 2011 by
Posted To: Pipeline Press "As previously announced, Bank of America Home Loans plans to exit the correspondent mortgage lending channel and focus entirely on retail distribution for its mortgage products and services. After a comprehensive review of market opportunities, Bank of America will close … [Read more...]
Florida Man Allowed to File Legal Action Against Investors in Appraisal and Origination Fraud Suit
October 3, 2011 by
In Florida, a Miami-Dade Circuit Court Judge has granted Pelayo Duran permission to include investors in his lawsuit charging Wells Fargo, Greenpoint Mortgage Funding and others with mortgage appraisal and origination fraud. This development comes days after the Federal Housing Finance Agency … [Read more...]