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Mortgage Compliance, Mortgage Loan Quality

It’s time to amp up loan quality checks, and not just because “they” say so

As we’ve written about before, on March 1st Fannie Mae announced two changes to their quality control requirements. Both will be effective September 1st, 2023. These changes move quality checks up in lenders’ origination processes. Why? Because it makes sense to look at high risk loan characteristics and make sure loans in the pipeline are quality checked before they are…

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Valuation Modernization
Mortgage Compliance, Mortgage Loan Quality

The Journey to Valuation Modernization

Fannie Mae’s Selling Guide Announcement from 3/1/23 communicated a variety of updates. This blog is a two-part series to discuss in more detail two of the areas covered: Valuation Modernization and Lender Quality Control Updates. Also related is our recent blog, Appraisal Modernization is Now! The modernization of anything should include more flexibility and more reliance on tools versus people.…

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Mortgage Compliance, Mortgage Loan Quality

Appraisal Modernization is Now!

Valuation modernization is clearly a priority for Fannie Mae who is, “on a journey of continuous improvement to make the home valuation process more efficient and accurate.” Here at Loanlogics we agree! Loanlogics is committed to ensuring efficiency and accuracy through the enhancements we make to our LoanHD® audit platform. We continually update our Appraisal Audit test set to keep…

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News & Happenings at LoanLogics

ICE Experience 23

LoanLogics is proud to be an official exhibitor at the ICE Experience 2023 user conference on February 27-March 1, 2023, at Wynn Las Vegas. Each year, Experience brings together over 2,500 mortgage industry professionals for three full days of learning, networking, and fun. We’re excited to share that this year, there will be more opportunities than ever before to grow…

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