The 1004/70 appraisal form used for Uniform Residential Appraisal Reports hasn’t been updated since 2005, despite the changes and innovations that have taken place in the mortgage industry and in ...
Traditionally, appraisal reviews have required lenders to have a team of underwriters in place to manually review data to ensure accuracy and completeness. This process is time-consuming and the use ...
Lenders are facing increasing pressure to modernize their home lending operations, lower costs, and reduce risk following a rapid rise of interest rates and resulting cooling of the housing market.
In an industry where technology is changing the way we do business minute by minute, one of the most important factors when purchasing a home is done in an archaic fashion. The residential appraisal ...
When looking at issues in the mortgage industry, there’s a noticeable number of problems revolving around efficiency. It isn't about having enough appraisers to go around; it's about making them more ...
NerdWallet advised homeowners to always get their hands on their official appraisals. When appraisals are done for a bank ...
You have your accepted contract in hand, a closing date, and many things to do before your loan is approved. One of these items is the appraisal, which if not everything works out properly can quash ...
Discover how appraisal costs ensure product quality by detecting defects and maintaining brand reputation through inspections ...
The state's process for taking and demolishing homes in Bourne for a staging area to build the Sagamore Bridge replacement ...