Posted To: Pipeline Press

Recently the podcast, its link at the bottom of this opening paragraph daily, quoted, “Change in residential lending is mandatory; progress is optional.” Technology, volume, personnel, the list goes on. (STRATMOR sums up tech changes below.) Tax changes are always in the works too, and states’ property tax burdens are a factor for families who move. (Sorry New Jersey, hello Louisiana!) Here in Kansas, like other places around the nation, appraisals, including the process of becoming an appraiser, are a big worry and the desk top reviews returning in January (via Sandra Thompson from the FHFA’s announcement ) was good news. The appraisal issues are going to be very challenging as more appraisers look to retire, and secondary marketing investors need assurance that values…(read more)

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Source: Mortgage News Daily