Your Daily Dose of Real Estate News
Appraisal Technology — a Public Policy?Issues of housing, homelessness, wealth, technology, and appraisal — these may seem unrelated, yet they are. Public policy, albeit well-intentioned, has established a complex, convoluted, expensive, and confounding construct — a contraption that subtly affects every citizen (and non-citizen) who lives, eats, and works in our society. Yes – appraisal is important. Can it be […] The post Appraisal Technology — a Public Policy? appeared first on George Dell, SRA, MAI, ASA, CRE.
An Ethical Technical?It seems that lately, we hear about mythical ethical. And of magical technical. We have ethical rules. And technical tools. We have Standards, Advisories, Guidelines, Users’ expectations, Peers’ actions, “approved” curriculum, seminars, classes, textbooks, and admonitions for “recognized methods and techniques,” “correct research and analysis,” “sufficient care,” “diligence,” and above all – do not be […] The post An Ethical Technical? appeared first on George Dell, SRA, MAI, ASA, CRE.
Verification Letter, AI Compliance, Retention, Decisioning Tools;… NewPennymac has released the latest edition of its Pennymac Policy Pulse, a newsletter tracking key federal policy developments shaping the housing market and broader U.S. economy. When national or state-level organizations engage in advocacy, they don’t visit the NAR or home builders or large title companies. They visit state legislators, Congress, or federal regulators. It has become impossible to separate politics from residential lending. Lenders are confronted with regulators, people moving states due to politics, expensive property taxes from local governments, state-specific lender and servicer restrictions, policies and procedures and document sets that come from Agencies under government conservatorship, and…
NMLS Review, Fraud Monitor, Margin Mgt. Tools;… NewHere in Honolulu, as it is in places like Florida and New York, the condo market and HOA fees are of paramount importance, as are the affordability impact of special assessments. Even though the inventory of houses for sale has steadily increased in many areas, some people want more. One idea being bantered about is changing, or eliminating, the capital gains tax on the sale of primary residences. Money talks, and as this veteran LO points out, a housing crash won’t fix affordability. A crackdown on H-1B visas is causing Indian buyers to leave the Dallas housing market, meaning skilled…
June 22: Verification letter, AI compliance, retention,… NewThe solstice was yesterday, summer has officially begun, and we can look for the daylight in the Northern Hemisphere to gradually diminish until mid-December. Certainly, Congressional legislation will diminish with only about two weeks left in the legislative calendar until the election. Housing policy? Heck, Congress won’t touch Freddie and Fannie with “a 10-foot pole.”...Read More “June 22: Verification letter, AI compliance, retention, decisioning tools; Fix-and-flip trends; overnight rate hikes a certainty?” »
