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HECM Second Appraisal Process Becomes Fully Automated

The Federal Housing Administration (FHA) announced today that as of Friday November 30, 2018, the protocols governing new second appraisal requirements for Home Equity Conversion Mortgages (HECMs) ... read more

FHA automates reverse mortgage second-appraisal process

The Federal Housing Administration fully automated ... second-appraisal process for reverse mortgage lenders on Friday, a move it had promised would come by December 1st. In September, the agency ... read more

Self-Employed UW Products; Appraisal and Valuation Updates

Fortunately, Strategic Compliance Partners can help — whether the Lender is augmenting an existing compliance infrastructure or outsourcing to a fully ... may require a second appraisal to be ... read more

Sarine Technologies Announces Quazer3

The original Quazer and second ... fully automated pie cutting feature, facilitating accurate sawing of highly advanced sawing profiles. While traditional pie cutting requires highly skilled expertise ... read more

Items Tagged with 'REVERSE MORTGAGES'

The FHA fully automated the second-appraisal process for HECM lenders on Friday, a move it had promised would come by December 1st. Now, lenders will receive an immediate, automatic response on ... read more

Why Automation is not a bad word

There’s been a lot of discussion about business process ... to become a reality anytime soon keeping in mind the limitations a machine to work in complete autonomy. Unlike self-driving cars, which are ... read more

Category: News

The Federal Housing Administration (FHA) announced today that as of Friday November 30, 2018, the protocols governing new second appraisal requirements for Home Equity Conversion Mortgages (HECMs) ... read more

Gov. Abbott calls special session on bathrooms, abortion, school finance

Abbott also added the latter item to the call, reiterating his support for legislation that would create automatic rollback ... thanks its sponsors. Become one. Efforts to overhaul the property ... read more

How reverse mortgages work as a source of retirement income

The second potential ... Nonetheless, HECM loans originated today include an unavoidable 0.5% upfront mortgage insurance premium. That adds up to $500 per $100,000 of ap-praised home value. Other ... read more

FHA and VA Changes; Agency Deals Continue to Share Risk

B: PROPERTY SUBJECT TO HECM APPRAISAL RULE SECOND APPRAISAL REQUIRED. (see Fully-Automated Protocols in Mortgagee ... Coordinator User Identification (ID) assignment process has been automated as of ... read more

Large number of city teachers receive unsatisfactory evaluations

But city school officials say that putting teachers on such plans is part of broader efforts to help them become more effective in the ... under a contract that, now in its second year, has yet to be ... read more

Why I Am (Eventually) Going To Buy STORE Capital - Interview With Company CEO, Christopher Volk

Automatic rent increases that lead to higher cash flow over ... grade performance without the need for any investment-grade tenants. The portfolio has become worth far more than the sum of its parts. ... read more