HousingWireHousingWire In March 2024, Fannie Mae launched a title waiver pilot program that allowed approved lenders to use an automated title review process to assess title risk during loan manufacturing and prior to loan purchase. The pilot is limited to certain refinance loans with loan-to-value ratios less than 80% in…
Continue reading →HousingWireHousingWire Before rushing to a price reduction for your real estate listing, it’s important to take a step back and evaluate all the factors that could be affecting the sale. Is the home being marketed effectively? Does it show well? Is the seller being flexible with showings? Have seasonal trends…
Continue reading →HousingWireHousingWire The U.S. Department of Housing and Urban Development (HUD) has moved to cancel a contract that involves a technology service for Home Equity Conversion Mortgage (HECM) counselors, according to a review of the contract details on government websites and an announcement from the National Reverse Mortgage Lenders Association (NRMLA)….
Continue reading →HousingWireHousingWire Brad Clayton of ClaytonWolf and Steve Murray of RTC Consulting have teamed up to launch FIJI MarketPlace. The industry veterans describe it as an AI-driven platform for real estate team and brokerage valuations and sales. According to their announcement, FIJI MarketPlace users will be able to drastically reduce their…
Continue reading →HousingWireHousingWire Following initial reactions by trade groups and senior advocacy organizations to a new in-person identity verification requirement from the Social Security Administration (SSA), others are weighing in about the potential challenges that older Americans could face if the requirement is fully implemented. Last week, SSA announced that beneficiaries who…
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