Getting Ready for FHA Catalyst

The Federal Housing Administration (FHA) announced mandatory transition dates for mortgagees to submit appraisals for both single family forward and reverse mortgage endorsements through its

Valuelink Software Partners with nCino

Valuelink Software partnered with nCino to streamline the appraisal process for loan officers, borrowers as well as realtors involved in the transaction, and keep them informed and updated through real-time notifications on their mobile devices.

Minimum Requirements for Appraisal Management Companies

Last week, the Office of the Comptroller of Currency (OCC) along with several agencies (including the Federal Reserve System, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau, and the Federal Housing Finance Agency) proposed a new rulemaking document titled “Minimum Requirements for Appraisal Management Companies”. The proposed rules aim to set minimum standards for Appraisal Management Companies (AMC’s) and each State and make clear and consistent definitions, requirements, and oversight for AMCs.