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The evolution and future of appraisal regulation 

Housing Wire

Title XI of FIRREA established a regulatory framework for appraisers to ensure credible and independent valuations in federally related transactions (FRTs). A crisis-driven regulatory legacy Despite FIRREAs implementation, the 2008 financial crisis underscored persistent issues within the appraisal industry.

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Rocket Mortgage wins $10 million dismissal in 2012 lawsuit

Housing Wire

A group of 2,769 West Virginian borrowers claimed in the lawsuit, which was originally filed on July 23, 2012, that Rocket Mortgage (known then as Quicken Loans ) and its insurance arm, Amrock (formerly Title Source ), were unfairly influencing home appraisal values. However, a 2021 Supreme Court decision, TransUnion LLC v.

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What is in the way of modernizing title and appraisal?

Housing Wire

In light of this, HousingWire CEO Clayton Collins recently sat down with Paul Doman, CEO at Accurate Group, to discuss mortgage lender profitability, as well as the modernization of title and appraisal processes and where there is opportunity for automation. . The post What is in the way of modernizing title and appraisal?

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Here are the 2025 Tech100 Mortgage Honorees

Housing Wire

Company Name Company Website Markets Served Company HQ MMI mmi.io/ Loan Origination Cottonwood Heights, UT Paradatec paradatec.com/ Loan Origination, Servicing, Secondary and Closing Wilmington, DE Outamation outamation.com/ Servicing Southlake, TX Orion Lending orionlending.com/ Loan Origination Orange, CA Optimal Blue www2.optimalblue.com/

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The appraisal gap is complicating deals across the country

Housing Wire

Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. Linda had a sizable downpayment but still needed to find a way to close the appraisal gap. She recently had a deal fall apart due to appraisal. How hybrid title and valuations help increase lending efficiency.

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WFG’s Patrick Stone has stamped his mark on real estate

Housing Wire

But his first big test came in the mid-1980s during the savings and loan crisis a time when the mortgage market dried up and title companies were hit hard. Title companies have to start thinking of themselves as partners in the clients process. WFG operates its own title plants and offices in seven Western states.

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Tech Pulse: Longbridge talks AI senior inclusivity, UWM details lending advancements

Housing Wire

The importance of meeting older customers where they are with AI technology In the second part of his interview, Packer explores the potential for improving appraisals and customer service while emphasizing the importance of preserving human interaction.

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