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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Notary 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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KPMG Weighs in on Home Equity Tax Law
July 30, 2018
KPMG recently published an article titled, “INSIGHT: Home Equity Interest May Still Be Deductible,” presenting its assessment of the 2018 tax law changes as it pertains to home equity lending. The following are highlights from the article.
It was originally perceived that the new tax law would be detrimental to home equity lending, but upon...
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