This year marked the centennial for the Consumers Bankers Association and 10 years of CBA LIVE! Once again the conference drew record attendance. The big question dominating the conference was what attendees believed to be the #1 issue NOW for banks. The answer – implementing technology. Retaining talent and mitigating fraud were also on the...
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The FIRREA Appraisal Threshold Debate: Are You Ready?
February 5, 2019
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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New 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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Accurate Group Partners with NewCastle Home Loans
June 6, 2018
Accurate Group is excited to partner with NewCastle Home Loans to offer Automated Appraisal Scheduling as a new loan system feature. NewCastle is a passionate mortgage lender with a tradition of providing superior customer service to homebuyers. As a third-party appraisal management provider, Accurate Group is supporting a seamless homebuyer transaction by accelerating the...
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