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Non-QM, Underwriting, Appraisal Products; MBA's Compliance Offering; Higher Rates Hitting Apps

As the MBA’s Secondary Marketing Conference wraps up in Manhattan, and the 1,200 or so registered head home and face post-conference life, Rob B. asks, “What was the mood of the attendees: Denial, anger, bargaining, depression, or acceptance?” The talk in the hallways revolved around constructive things like ARM investors and pricing, outlets for investment and second homes, lock and shop programs, extended locks, all-cash programs, and the various vendor offerings. On a lar...
United States New York Susan Ferris Steve Adamo Peterj Benjamin Robert Senko

Black Knight Launches Tool To Prevent Minority Bias In Appraisals

Black Knight, Inc. has announced the launch of a toolย designed to help mortgage lenders, appraisers, and appraisal management companies identify potential minority bias in the home valuation process. The CA Risk Profiler Plus is designed to flag potentially problematic valuations and enable a more rigorous collateral review process that can help reduce risk exposure for lenders and appraisers and support more equitable underwriting decisions.
United States Freddie Mac Mike Sklarz Knight Inc National Mortgage Interagency Task Force On Property Appraisal

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