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FHA Reminds Mortgagees that HECM Appraisal Submission and Assessment Process is Now Fully Automated

FHA recently released FHA INFO #18-47, reminding mortgagees that the protocols that had been in place on an interim basis for the HECM second appraisal requirements pursuant to FHA Mortgagee Letter 20... read more

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) wil... 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 complete... read more

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

Automatic rent increases that lead to higher ... without the need for any investment-grade tenants. The portfolio has become worth far more than the sum of its parts. On October 22, we announced ... read more

What the New Appraisal Rules Mean for the Reverse Mortgage Industry

a second appraisal must be ordered, and the lesser of the appraisals must be used. By December 1 at the latest, FHA hopes to have the process fully automated. As the government attempts to alleviate t... 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

The coming age of commercial spaceflight: some considerations

If we start from the premise that the humans need to become a spacefaring species ... it may be extremely vital that they do fly. The second group consists of researchers. These are typically people w... read more

Proptech 3.0 and the rise of the Crypto Securitization of Real Estate

To efficiently source, crunch and generate relevant giveaways such as automated appraisals and future price predictions ... hold and trade properties from owner A to new owner B, a process that we wil... read more

Paylocity Holding Corp. Could Realistically Have 66% Upside Into Year End

and Performance Management for use in the employee performance appraisal process. (Source: Yahoo! Finance Stock Summary PCTY) PCTY recently held an IPO on 3/19/2014 and sold 7,100,000 shares at $17. T... read more

Chapter 3: Land suitability classifications

Land suitability is the fitness of a given type of land for a defined use. The land may be considered in its present condition or after improvements. The process of land suitability classification is ... read more

HUD, VA, FHA, and Government Lender Updates

The Office of Single Family Housing has included the updates into its Single Family Housing ... make it easier to do business with FHA by offering process and technology efficiencies that streamline a... read more

Part one | Reckless strategies doomed WaMu

Option ARMs have become notorious as one ... the value of real estate. Inflated appraisals meant WaMu could write bigger loans against a given property — sticking borrowers with bigger payments in the ... read more