Chicago-based TransUnion Settlement Solutions has released Pre-Decision Qualifier, which offers a value range for a property before a full appraisal has been ordered.PDQ delivers property characteristics for up to 15 recent neighborhood sales, a notation indicating irregular sales history, and recent transaction history, the company said. The product is designed to be used by lenders to determine whether there is a need for a full appraisal before investing in a local appraiser. The company can be found on the Web at http://www.transunionssi.com.
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Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
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Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.
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Better's home equity loan product can be originated in a week or less, the company says.
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The top five producers had an average dollar loan volume of more than $140 million in 2023.
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The threats to companies loom as borrowers face soaring homeowners insurance costs, ex-Ginnie Mae head Ted Tozer explains.
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After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.
April 22