Dave Ramsey says, “You’re gonna get screwed.” But economics disagrees. I think the better question is: What’s the cost of NOT working with your mother-in-law? Whether or not you agree with the saying “time is money”, I believe that whatever you think you might be financially saving by going with a third-party real estate professional, […]
While Fannie Mae has “retired” the term appraisal waiver from its seller guide, the change in the latest update, which could have the most impact on consumers involves the reconsideration of value policy. The Fannie Mae announcement is SEL-2025-07. Freddie Mac put out a similar ROV update on Wednesday in its bulletin 2025-12. Some of
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The Federal Housing Administration, which insures a large number of loans in the U.S. market, will be instituting a new digital file format for distressed mortgages that will add several reporting elements related to taxes and insurance. The new electronic-data interchange file for default reporting also addresses data privacy by removing 24 elements that are
FHA updating default reporting with new tax, insurance data Read More »