Brian Coester is the founder and CEO of Coester Valuation Management Services. Coester is a national valuation service and technology provider for the mortgage banking and finance industry. The company offers innovative, cloud-based technology with both full appraisal field inspections, appraisal analytic tools and compliance solutions to help banks and lenders comply with inter-agency compliance and collateral securitization regulations.
Fannie Mae’s guidance that the lenders are responsible for reviewing and interpreting the CU findings has turned into some lenders sending all the findings to the appraiser to comment on with no interpretation or guidance. Here are some ways to cope with those changes.
HUD’s objectives are sometimes distributed by factors ranging from politics, socio-economic disparities and even natural disasters. When American homeowners fall victim to any of these elements, HUD is not only there to offer a helping hand, but often serves as the tool that leads to recovery.