Appraisal Regulations, Compliance and Updates
As appraisers urge the nation's lawmakers to reduce the amount of regulations appraisers are subject to, service providers are helping lenders maintain their own compliance.
U.S. Home Values Surpass Pre-Crisis High
A closely watched measure of the nation's residential property values has ascended above the peak reached before the Great Recession.
Home Prices Continue Rising
Home prices moved higher on a monthly, quarterly and annual basis. Year-over-year gains were biggest in the West, while Eastern states led month-over-month gains.
Appraisers Wary of Freddie's Automated Appraisals
A plan by the Federal Home Loan Mortgage Corp. to abandon formal appraisals on some home-purchase transactions has appraisers up in arms.
Wells Agrees to Appraisal Fee Settlement
A settlement has been reached in a class-action lawsuit accusing Wells Fargo & Co. of overcharging distressed borrowers for property valuations.
Mortgage Broker's Attorney Dozes Off During Trial
A Pennsylvania mortgage broker who was convicted of mortgage fraud this week will get a second chance thanks to his lawyer dozing off during trial.
Mortgage Broker, Sister Convicted of Mortgage Fraud
A Pennsylvania man and his sister have been tried for and convicted of committing mortgage fraud through his mortgage brokerage business.
4 LOS Providers Hosting Conferences
Among dozens of upcoming mortgage-related happenings over the next several months are four events hosted by providers of loan origination systems.
Home Prices Continue Up, NY Sees Big Monthly Gain
As home values near pre-crisis levels, the Northwest led the gain from a year earlier. But New York state had a strong month-over-month showing.
Mortgage Fraud Risk Rises, Valuation Risk Down
Although the number of fraudulent mortgage applications dipped, the share and risk worsened. But a big improvement was made on valuation fraud risk.