Shopping Cart
Welcome,   My Account

AI News

subscribe-rss-feed

Category:
Results: 138 Articles found.
Aug 13, 2014 12:30 PM

Report: Banks Making Fewer Loans Due to New Mortgage Rules/ mortgage scrutiny

The Federal Reserve Board released a survey Aug. 4 in which it reported that some banks are making fewer loans because of new qualified mortgage rules enacted by the Consumer Financial Protection Bureau in January, National Mortgage News reported.

 
Aug 08, 2014 01:59 PM

Appraisal Institute Honors 8 National Award Winners

Peter D. Bowes, MAI, of Denver and Reaves C. Lukens Jr., MAI, SRA, of Gladwyne, Pennsylvania, were honored with the Lifetime Achievement Award and Michael G. Miller, MAI, SRA, AI-GRS, of Richmond, Virginia, and Charles J. Lentz, MAI, of Orlando, Florida, were named the recipients of the Outstanding Service Award during the Appraisal Institute Annual Meeting Wednesday in Austin, Texas.

 
Aug 08, 2014 08:19 AM

Austin’s Jim Amorin Elected 2015 Appraisal Institute Vice President

Jim Amorin, MAI, SRA, AI-GRS, of Austin, Texas, was elected 2015 vice president of the nation’s largest professional association of real estate appraisers by its Board of Directors Thursday in Austin. Amorin’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

 
Aug 06, 2014 01:00 PM

FHA Issues Draft of New Appraisal Requirements

The Federal Housing Administration on July 31 issued drafts of four new appraiser policy documents that it plans to add to its Single-Family Housing Policy Handbook. The FHA is seeking feedback before the documents are finalized.

 

House Committee Passes USPAP Exemption Bill

The House Financial Services Committee on July 29 approved H.R. 5148, the Access to Affordable Mortgages Act, which would grant certain “high-risk” mortgages an exemption from having an appraisal performed in accordance with the Uniform Standards of Professional Appraisal Practice, the Appraisal Institute reported.

 
Aug 06, 2014 01:00 PM

CFPB Wants More Lender Disclosures

The Consumer Financial Protection Bureau issued a proposal July 24 that would require lenders to disclose more information on mortgages, including homebuyer age and credit score and details about property value and interest rates.

 
Jul 31, 2014 08:00 AM

Drop in US Real Estate Appraisers Slows: Appraisal Institute Research

The number of active real estate appraisers in the United States fell less than 1 percent in the first half of 2014, the Appraisal Institute announced today, lower than the average annual decrease of 2.6 percent over the past six years.

 

Nonbank Mortgage Lenders Fight FHFA Watchdog Report

Nonbank mortgage lenders are furious about a report from the Federal Housing Finance Agency’s Office of Inspector General that claimed they are less regulated than large banks and pose increased risks to Fannie Mae and Freddie Mac, National Mortgage News reported July 22.

 

Four Years of Dodd-Frank have Changed Wall Street

With implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act four years ago, the federal regulatory climate has changed Wall Street, leading banks to sell off once profitable business lines, cut back short-term funding markets and break ties with entities that fall under extra regulatory scrutiny, The Wall Street Journal reported July 21.

 
Jul 30, 2014 12:30 PM

CFPB, FTC Launch Sweep against Foreclosure Relief Scams

The Consumer Financial Protection Bureau, the Federal Trade Commission and 15 states initiated a crackdown on foreclosure relief scams that allegedly used deceptive marketing tactics to rip off distressed homeowners, the CFPB announced July 23.

 
 
Results: 138 Articles found.

Pop up content here.

Agree Disagree
close (X)