The industry is in dire need of appraisers: Sixty-two percent of appraisers are 51 and older, and as more retire over the next few years, it could mean longer waits, higher fees and even lower-quality appraisals. Will there be enough appraisers in the industry five years from now? http://www.housingwire.com/articles/35646-the-industry-is-in-dire-need-of-appraisers rc’ by #nofeeslender
CoesterVMS names Kevin Klosterman director of valuations: In this role, Klosterman will be responsible for training CoesterVMS’ national network of appraisers regarding the company’s existing and new valuation products. He also will be instrumental in the development of future applications, the company said in a release. http://www.housingwire.com/articles/35645-coestervms-names-kevin-klosterman-director-of-valuations rc’ by #nofeeslender
House votes to revamp Qualified Mortgage rules: The House of Representatives voted Wednesday to change the definition of “Qualified Mortgage,” opening the door to a potentially seismic change in the mortgage lending landscape. But will the President play along? Click the headline to read more. http://www.housingwire.com/articles/35644-house-votes-to-revamp-qualified-mortgage-rules rc’ by #nofeeslender
Fed continues to signal possible interest rate hike in December: The latest round of meeting minutes from the Federal Open Markets Committee continued to lay the groundwork for a potential increase to the federal funds rate in December. http://www.housingwire.com/articles/35642-fed-continues-to-signal-possible-interest-rate-hike-in-december rc’ by #nofeeslender
Here are the 10 highest and lowest average credit score cities: The national credit score improved by three points over the last year, with the 10 cities with the highest credit scores in the nation increasing their scores by an average of 1.8 points. Sorry folks, living in the city does not guarantee that your credit score will improve. http://www.housingwire.com/articles/35641-here-are-the-10-highest-and-lowest-average-credit-score-cities rc’ by #nofeeslender
Cenlar expands operations in Arizona: Loan servicing provider Cenlar FSB announced it expanded its operations outside of New Jersey and moved into new office space in Tempe, Arizona. The new western location will be the site of Cenlar’s West Operations Center. http://www.housingwire.com/articles/35643-cenlar-expands-operations-in-arizona rc’ by #nofeeslender
Police transcripts reveal shocking details surrounding Beverly Carter’s death: Interview transcripts, from the man accused of abducting and killing Realtor Beverly Carter, show just what level of depravity these professionals may face on any given day. [Editor’s note: This article contains disturbing language.] http://www.housingwire.com/articles/35640-police-transcripts-reveal-shocking-details-surrounding-beverly-carters-death rc’ by #nofeeslender
simplifyloan 