Lenders are rethinking how they originate jumbo mortgages, leaning on automated underwriting technology to manage complicated details while navigating stricter investor overlays and a market that rewards those who can make the economics work. Processing Content The strategies vary, but the underlying issue is always the same: jumbo loans demand more from everyone in the […]
Jumbo lending playbook: automation, overlays and ROI Read More »
Virginia Gov. Abigail Spanberger has until Monday to sign or veto legislation that would make her state one of the few that allow faith-based organizations to build affordable housing on their properties by overriding local zoning limits. Spanberger faces pressure from local governments and a small but vocal group of civic organizations to veto the
Virginia YIGBY bill puts Spanberger housing agenda on the line Read More »
A new appraisal management platform is aiming to upend the traditional role of appraisal management companies (AMCs) by allowing mortgage lenders to oversee the process internally while maintaining regulatory compliance. The platform, known as PAM, or Private Asset & Management Group LLC, is designed as a web-based system that enables lenders to manage appraisal workflows
PAM appraisal platform targets AMC fees, seeks to give lenders more control Read More »