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.
Brickman takes to helm of one of the largest mortgage companies in the U.S. today, and while times at the government-sponsored enterprise are filled with uncertainty, Brickman sees nothing but excitement for the future of Freddie Mac.
When buying a home, many Americans consider a 20% down payment to be the norm, the ideal amount of money to put down to get a conventional mortgage with no private mortgage insurance and to keep monthly payments reasonably affordable.