Your Daily Dose of Real Estate News
USPAP Missing Data?Appraisal education, practice, and standards have not kept up with changes in data, computation, and communication. Scope of work is supposed to include the extent of: Property identification Property inspection Data researched Analysis used There is a missing piece. This piece is ignored, avoided, deflected, and denied. The substitute is “my experience, superior knowledge, and […] The post USPAP Missing Data? appeared first on George Dell, SRA, MAI, ASA, CRE.
BBYS, Anti-Fraud, Subservicing Products; Primer Hedging Information… NewIf you haven’t signed up for the Mortgage Action Alliance, do so. It’s free, has good advocacy information, and there’s strength in numbers. Recent conference chatter includes suggesting that removing politics from the mortgage conversation would be a good thing to attempt, wondering if there’s enough regulatory manpower muscle to take the existing LO comp rules and re-jigger them, some believing that the recent credit score announcements are lacking leave much to be desired, asking why the Fed’s useful Twitter account (Financial Sentiment Index, TFSI) vanished, and suggestions that Southern California’s hottest nightclub was the main ballroom at Mortgage Innovators…
Hedging and Secondary, Verification, AI, Reverse, Ops… NewLender and Broker Products, Software, and Services Spring homebuying season is in full swing, and for many lenders, that also means a surge in home equity demand as borrowers tap rising property values. But growth can expose cracks. Every handoff, re-entry, and system switch adds time and increases the risk of human error. FirstClose is working to change that with its upcoming integration with MeridianLink Mortgage. By bringing purpose-built order management directly into the LOS, lenders can streamline valuations, settlement, and vendor coordination without leaving their existing workflow. The result is better visibility, faster turn times, and less manual effort.…
May 13: AI, CRM, verification, DSCR, HELOC… NewAs many of us prepare for the National Secondary (and visiting I’m Donut? in Times Square), food is an issue. If you’re a fan of saffron in your food, find a substitute. The blocking of the Strait of Hormuz due to the war has hit saffron: Iran produces 90 percent of it. The war’s impact...Read More “May 13: AI, CRM, verification, DSCR, HELOC products; Gov’t program news; Rates & inflation & borrower psychology… inflation is hot” »
Managing AttitudesI recently had a conversation that completely shifted how I think about leadership in the workplace. We were discussing office culture, and someone made a point that really stuck: sometimes, an office manager’s job isn’t just managing orders, phone calls, or technology—it’s about managing attitudes. At first, it sounds simple, almost obvious. But when you stop and think about it, it’s profound. The culture of an office doesn’t come from processes or systems alone—it comes from the attitudes of the people within it. If negativity, gossip, or disengagement is allowed to flourish, it spreads quickly. Conversely, when the people leading…May 13: AI, CRM, verification, DSCR, HELOC…As many of us prepare for the National Secondary (and visiting I’m Donut? in Times Square), food is an issue. If you’re a fan of saffron in your food, find a substitute. The blocking of the Strait of Hormuz due to the war has hit saffron: Iran produces 90 percent of it. The war’s impact...Read More “May 13: AI, CRM, verification, DSCR, HELOC products; Gov’t program news; Rates & inflation & borrower psychology… inflation is hot” »
