As states ease shelter-in-place restrictions, many consumers remain wary of in-person transactions, even with the safety protocols businesses have implemented. Offering digital signing and closing solutions with Remote On-line Notarization (RON) is the answer to preserve consumer satisfaction and resume revenue growth – now and in the future.
Inter Agencies Interim Rule on Deferring Appraisals…and Why You Shouldn’t!
April 17, 2020
Don't Defer Appraisals or Valuations to Tomorrow! They Can Still Be Done in Today's Market!On April 14th, the federal banking agencies issued a final interim rule allowing lenders to defer appraisals. But why take unnecessary risk during this crisis by deferring appraisals when Accurate Group has a solution for any inspection assignment?
The best solution, under current... Read more
Appraisal Threshold Increase Passes
October 2, 2019
The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency have adopted a final rule increasing the FIRREA threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000, effective October 9, 2019.
The Choice is YoursHow do you want to leverage technology now that you have access to a... Read more
Appraisal Threshold Increase Likely – 2 out of 3 Agencies Vote Yes
September 3, 2019
The FDIC and Office of the Comptroller of the Currency have decided to increase the FIRREA threshold for residential real-estate transactions requiring an appraisal from $250,000 to $400,000. If the Board of Governors of the Federal Reserve also votes to increase as expected, lenders will have access to a new suite of valuations available for loans... Read more