Remove privacy-policy
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Opinion: To redress racial bias in mortgage underwriting, scrap the credit score

Housing Wire

The Federal Reserve’s Consumer Compliance Handbook observes that “evidence of discriminatory intent is not necessary to establish that a lender’s adoption or implementation of a policy or practice is in violation of the FHAct or ECOA.”

Mortgages 352
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Opinion: Why fintech “disruption” doesn’t work in mortgage servicing

Housing Wire

I believe that servicers — and the fintech partners that power them — should incrementally innovate by bringing real-time solutions to real-time policy making. It’s because servicers are taking care of real-time borrower, regulator and investor needs every day. Good tech won’t fix flawed processes created to accommodate old tech.

Mortgages 313
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What Is a Pocket Listing? Definition, Pros & Cons for 2024

The Close

The primary difference between the two lies in how widely the property is marketed and the level of privacy offered. Instead, the agent shares the listing with a select group of contacts within their network through word-of-mouth or private communication, offering the seller a higher level of privacy.

MLS 78
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Virtual notary adoption surges as businesses rush to close transactions remotely

Housing Wire

Digital notary platform Notarize also closed on a $35 million Series C round of funding in March, raising a total of $82 million with investments from real-estate focused venture capital firm Camber Creek , Boston-based Polaris Partners , and other existing strategic investors. All application accesses are also tracked using an audit trail.

Closing 472
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Homeownership Tenure Shifting: ERA Analyzes Broker Response

RIS Media

Fayetteville specifically is centered around Fort Bragg, an Army base, and experiences the ebbs and flows of government policy,” said Denise Strother of ERA Strother Real Estate in the report. “However, because of our positioning, we do see investors from Florida and New York quite often. to calm down.

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Selling a House Off Market: Worth Serious Consideration?

HomeLight

However, concerned that the exclusivity of off-market sales hindered a fair and competitive marketplace, NAR in 2019 approved a “ Clear Cooperation ” policy. The policy also is meant to prevent sellers from listing off-market against their own best interest by guaranteeing that a listing receives maximum exposure.

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How LOs can capitalize on social media channels while remaining compliant

Housing Wire

That’s why a growing number of lenders are investing time and resources into developing and implementing robust social media compliance policies. Effectively implementing a social media program and training loan officers on the numerous regulations and policies pertinent to mortgage lending is no small task.