“These essays address the impacts of climate change and how the industry can prepare for increased regulatory and investor scrutiny on the quantitative estimates of climate-related risks. It is important to understand how climate change may impact the housing industry and its customers.”
–Edward Seiler, RIHA Executive Director and MBA Associate Vice President of Housing Economics.
Last week, a court decision dealt a significant blow to the Consumer Financial Protection Bureau’s enforcement authority—and it has broad implications for the nation’s independent mortgage banks as well.
Appraisal bias occurs when a property is undervalued or inaccurately assessed based on any of the protected class variables. Any appraisal bias based on race of the homeowner or racial make-up of a neighborhood can seriously affect minority homeowners.
The cost of non-compliance is rising. Regulatory expectations have increased, and new rules continue to be released, placing a heavy burden on compliance teams to keep pace, or else face consent orders and multi-million-dollar fines. The good news is that there’s a solution.
Rob Nunziata is co-founder and CEO of ActiveComply, Orlando, Fla., a provider of cloud-based platforms that help companies in highly regulated industries stay compliant. He is also Co-CEO of Orlando-based FBC Mortgage LLC, one of the nation’s largest retail home lenders.
With a less than rosy outlook, it’s essential that every mortgage loan officer maintain an edge on the competition. Now is the time to be more strategic and paid social advertising can help loan officers make the most of every marketing penny.
Last week, a court decision dealt a significant blow to the Consumer Financial Protection Bureau’s enforcement authority—and it has broad implications for the nation’s independent mortgage banks as well.
Mortgage credit availability fell by just 0.1 percent in January and has held flat for the past two months, the Mortgage Bankers Association reported Thursday.
Freddie Mac Multifamily, McLean, Va., released a comparative analysis of tenant protections provided by state landlord tenant acts.
Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged $50 million in construction financing for Phase I of the Lionsback Resort in Moab, Utah
