The Consumer Financial Protection Bureau (CFPB) recently posted an article to remind financial institutions that they must have a reconsideration of value process in place, and that the process should be clear and actionable. You can read the full post, “Mortgage Borrowers Can Challenge…
The CFPB reverses several temporary pandemic flexibilities put in place last year to protect consumers. A record-breaking 39.2% of homes sold above list price in March, with San Jose, Sacramento, and Salt Lake City among the top real estate markets driving the all-time high.…
Mid-year commentary predicts notable changes for the appraisal market, partly due to the recent Dodd-Frank rollback bill. Democratic Senators threaten to freeze Trump’s nominee for the new director of the CFPB. The “Appraisers” page on Fannie Mae’s website seeks to help appraisers by giving…
Trying to predict the outcomes of an uncertain future when it comes to Trumponomics and real estate may look and feel a bit like trying to nail Jell-O to a wall. A big part of the difficulty lies in the vast range of opinions…
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