Property Charge Guide News Today

The new training details the incorporation of the new HECM section of the Handbook, which the industry has waited years for.

Do you use make up? Charles Revson of Revlon observed, back in the days when you could observe these things, "In the factory, we make cosmetics; in the store, we sell hope.” Informed mortgage people know that hope is not a strategy, and companies can’t hope that they’re never the victim of a hack. Here in the Dallas, Texas, area, headquarters of Mr. Cooper, the company was hit with a cyberattack forcing it to lock down its systems and impacting thousands and thousan...

Recently, FHA published a Mortgagee Letter (ML), ML 2022-11, which extends the initial appraisal validity period to 180 days from the effective date of the appraisal and increases the...