A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based ...
While the mortgage industry continues to evaluate the nature and extent of bias in the home appraisal process, no one has yet come up with a solution for detecting and addressing it. Our Financial ...
Freddie Mac is re-imagining the Mortgage Experience to create a smarter, simpler, and less costly origination process. We're using big data and advanced analytics to offer an automated alternative to ...
The case, which is currently pending in the U.S. District Court for the District of Maryland, concerns whether an appraiser, a real estate appraisal company, and an online mortgage lender ...
Bloomberg News reported on Wednesday that Fannie Mae is proposing to ban the use of appraisals by a lender's employees or those arranged by mortgage brokers. The proposal was contained in what ...
In the realm of homeownership, appraisals play a crucial role in determining property values. Recent developments have shed light on the prevalence of appraisal errors and the impact they can have on ...
OAKLAND, Calif. (KGO) -- An East Oakland homeowner has reached a settlement agreement with a California appraiser and a mortgage company after receiving an appraisal that came in more than $300,000 ...
Homeowners who suspect they've been discriminated against in the appraisal process have actions they can take. Some or all of the mortgage lenders featured on our site are advertising partners of ...
No-appraisal home equity loans can be processed faster than those that require an in-person assessment. Unlock cash from within your home Unlock cash from within your home Online loan application ...
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