Posted To: Pipeline Press

“It was the third of September that day I’ll always remember … Papa was a rolling stone… Wherever he laid his hat was his home. And when he died, all he left us was a loan…” Or may it is “alone.” Regardless, the talk here in Orlando at the well-attended FAMP Annual Convention is about appraiser, and appraisal, problems industry-wide. Many appraisals are expensive, few appraisers are entering the industry, and originators everywhere are seeing delays. On the flip side there is talk of technology and Agency policies changing the appraisal situation. Stay tuned! The talk is also about wholesaler news, and the performance of the recent mortgage IPOs and their dividends. (The stock market is not the economy. Did you know that Apple, Alphabet, Facebook…(read more)

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Source: Mortgage News Daily