HUD rescinds appraisal review policies

Policies related to appraisal appeals, or reconsiderations of value (ROV), were rescinded Wednesday by the Federal Housing Administration (FHA).“While the adoption of a standardized ROV policy was one that real estate appraisers understood and was generally good for appraisers and consumers, the iss

Disaster recovery for mortgage servicers: Navigating crisis with compliance & resilience

Lessons from California wildfires and other natural disastersCalifornia’s wildfires highlighted the chaos that natural disasters continue to unleash – not just on homeowners, but also on the mortgage servicers tasked with supporting them and the insurance industry that covers the cost of rebuilding.

Frustration builds among retirees over more stringent Social Security rules, office closures

Retirees and advocates for older Americans are expressing unease and bewilderment at a series of announcements made by the Social Security Administration (SSA). The agency is seeking to implement new in-person identity verification requirements and plans to close more than two dozen field offices ac