Identity Fraud Drives Up Risk of Mortgage Fraud
A quarter-over-quarter increase in the risk of identity fraud drove a rise in the risk of overall mortgage fraud.
AMC Rule Finalized
Minimum state requirements for appraisal management companies have been outlined in a rule that has been finalized by federal regulators.
Services Help Comply With Collateral Underwriter
Several valuation service providers have enhanced existing products or developed new ones to help appraisers cope with Collateral Underwriter.
Mortgage Gatherings Pinpoint New Rules
With recent regulatory policies and implementation deadlines taking hold, several industry conferences and workshops are geared towards helping lenders manage a successful business in the age of compliance. Appraisals, banking and reverse mortgages are among other topics being covered at upcoming events.
FHA Appraisal Delivery Going Digital
Mortgagees on government-insured residential loans will have to start using a new electronic portal to deliver appraisal reports next year.
Appraisal Services Address Collateral Underwriter
Compliance with Collateral Underwriter is among several valuation solutions recently addressed through technology upgrades and company-to-company data integrations.
Appraisal Myths Debunked
In a presentation to bankers and real estate agents, a Florida appraiser advised the audience that there are several myths about what is and isn't allowed.
Homeowners More Aware of Their Home's Value
The difference between what homeowners value their homes at and what appraisers are valuing the properties at has narrowed to the lowest level in more than a year.
Fannie Dispels Collateral Underwriter Myths
Fannie Mae has issued clarifications about the recently implemented use of Collateral Underwriter by approved mortgage lenders.