Posts on mortgage compliance and industry regulation including TRID, HMDA, and MERS.
Fannie Mae’s Appraisal Findings Report – Another Compliance Management Tool for Lenders! In an announcement dated March 10, 2015, Fannie Mae has indicated that they will be generating an Appraisal Findings Report designed to capture Collateral Underwriter (CU) feedback beginning sometime in April 2015. As many lenders are now aware, Fannie Mae rolled out its free proprietary CU appraisal risk…
Prior to running down to the Annual Regional Conference of Mortgage Bankers Associations in Atlantic City, I was checking today’s industry headlines. Let’s see, we have articles about: The increased cost to buyers with FHA financing FHA Costs) Supreme Court’s Ruling on OT for LOs (LOOT) Consumers now think it is easier to get a mortgage (Consumers) US unrealistic…
