Items Tagged with 'vice president of government affairs'

ARTICLES

  • Appraisers sound off on customary fees

    On April 1, the new "customary and reasonable" appraiser fees under Dodd-Frank take effect. A week prior, HousingWire ran a Q&A with David Feldman, the vice president of government affairs at CoreLogic Valuations in an effort to clarify the impact this will have on the appraisal industry. Many appraisers took notice of it, and not in a good way.
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  • MBA: Suitability Standard Would Have 'Severe' Consequences

    The Mortgage Bankers Association said yesterday that imposing a proposed suitability standard on mortgage lenders would have a chilling effect on consumers and on an already troubled housing market. Suitability standards would require mortgage lenders to subjectively evaluate whether a loan product is best suited for a borrower, which the trade organization said will limit the availability of credit and increase costs to consumers. “After 25 years of the industry developing increasingly sophisticated and objective underwriting standards, a suitability standard would turn back the clock on fairness in lending by virtually requiring lender subjectivity in the lending decision,� said Kurt Photenhauer, MBA's senior vice president of government affairs.
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