As regulators work toward a decision on whether to increase the threshold for residential real-estate transactions requiring an appraisal from $250,000 to $400,000, many lenders and appraisers alike are wondering whether they are prepared, whatever happens.
For lenders, a higher threshold will offer more flexibility on the type of appraisal products they use. They stand to...
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Blog
Remote Video Notary Services – Tales of the Borrower Experience
September 10, 2018
Part 3 of 3-Part NotaryWorks™ Blog Series
In Parts 1 and 2 of this three-part blog series, we’ve already discussed the 3 steps to ensure excellence in remote & mobile notaries and the importance of notary quality assurance in the pre & post close reviews. For Part 3, we’ll review the most critical consideration when... Read moreNotary Quality Assurance – Why the Pre & Post Close Review is Imperative
August 23, 2018
Part 2 of 3-Part NotaryWorks™ Blog Series
Whether you leverage Remote Online Notary Solutions or Traditional Notary services, the same dedication to quality should be a first priority. A combination of the right technology and services is critical to ensuring a quality experience for your borrowers. NotaryWorks™ is an innovative e-closing technology platform that streamlines the loan... Read moreNew U.S. Treasury Report Recommends Innovation in Appraisal Management Technology
August 13, 2018
Last month, the U.S. Department of the Treasury released a comprehensive report titled: “A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation.” The report touches on many sectors within the financial system – including the Mortgage Lending and Servicing sector.
In its findings on Mortgage Lending and Servicing, a prominent theme is...
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