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HUD Issues Financial Assessment Guide

Today, the Department of Housing and Urban Development released a 59-page Home Equity Conversion Mortgage (HECM) Final Assessment and Property Charge Guide.  The guide’s purpose is to provide underwriting guidance and documentation requirements for completing the financial assessment which is a requirement for mortgage approval. …

The Shackles of Student Loans

It’s been talked about for years at this point, and more so in the last few months as politicians wizen up to the financial struggle of the American Millenial: student loan debt is spiraling out of control. Law makers such as Elizabeth Warren are pushing…

Boomerang Buyers

Boomerang buyers are people who lost their homes to foreclosure or short sale during the housing market crash and slow recovery (2007-2013) who are now re-entering the housing market.  Some estimates project boomerang buyers to comprise about 10% of U.S. home purchases in 2014. (JBREC)…

Landmark Network, Inc. Enhances Appraisal Quality With RealView® Technology Integration

- For Immediate Release North Hollywood, September 18, 2014 – National appraisal management company and technology provider Landmark Network, Inc. and Platinum Data Solutions, a provider of collateral valuation and risk assessment technologies, have completed an integration between Platinum Data’s RealView® appraisal quality software and…

Student Debt: How Does It Affect Mortgage Loans?

The topic of how the increase in student loans may result in a decrease in mortgage loans has been trending lately, and experts are weighing in.  Realtor.com says that student loans are not necessarily an obstacle to homeownership, but that one’s payments will be taken…

Understanding Your FHA Appraisal Inspection

The FHA appraisal process is a tool used by your lender that not only provides a market value opinion for your property, but is also used for determining if your property meets the minimum requirements and eligibility standards for a FHA mortgage. In the performance…