CBA LIVE had another great year – record attendance and a sold out exhibit hall along with thought-provoking forums led by some of the most interesting experts in banking today. In keeping with the productive atmosphere, the Accurate Group team hosted 25 private lender meetings during the conference.
Paul Doman was invited back for his 2nd...
Read more
Good News for Lenders and Taxpayers! Clarification on Home Equity Loan Deductions
March 7, 2018
On February 21, 2018 the IRS clarified that in many cases taxpayers can continue to deduct interest paid on home equity loans, lines of credit, or second mortgages, regardless of how the loan is labeled.
Beginning in 2018, taxpayers may only deduct interest on $750,000 of qualified residence loans. The new limits apply to the combined...
Read more
The State of Purchase Appraisals – Q&A with Frank Guarnera
December 12, 2017
We sat down with Frank Guarnera, executive director of valuations for Accurate Group, to discuss the challenges lenders face with real...
Read moreA Win for Texas Lenders – Proposition 2 Home Equity Loan Amendment Passes
November 14, 2017
In the past, there has been 3% cap on home equity loan fees in Texas. With steep violations for non-compliance, many lenders limited volumes or avoided home equity loans altogether.
But as of November 7, 2017, a new Texas state amendment (Proposition 2) passed that lowers this risk...
Read more