Fannie Mae has begun mandating that appraisals be delivered by lenders electronically, according to National Mortgage News. Lenders will have several options for providing the information according to MISMO standards (“the leading technology standards development body for the residential and commercial real estate finance industries, … Continue reading
Posted in Appraisals, Branch Partner Opportunities, Ginnie Mae, Loan Officer News, Loan Officer Opportunities, Loan Officers, Mortgage / Credit, Mortgage Banker News, Mortgage Guidelines, Mortgage News, Mortgage rule changes, Mortgage rules, Net Branch Opportunities | Leave a comment
Smaller lenders will get a boost in July when Ginnie Mae begins insuring the securitization of single loans, as opposed to only the bundles it will insure now. Current rules favor the largest lenders, according to the Washington Post. The … Continue reading
Posted in Announcements, Branch Partner Opportunities, Federal Housing Administration, FHA, Ginnie Mae, GSEs, Mortgage Banker News, Mortgage rule changes, Net Branch Opportunities, Net Branch Partners, News, Real Estate News | 1 Comment