Patrick Barnard

Smooth Launch For FHA’s EAD Portal

This article was originally published HERE. For more articles from Patrick Barnard or Mortgage Orb, you can visit mortgageorb.com. Rob Frazier is the acting director of the valuation policy division of the Office of Single Family Housing at the U.S. Department of Housing and Urban Development (HUD). Previously, he served as chief appraiser and director of special projects for CoreLogic; …

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The Appraisal Report: Last Bastion For ‘Unstructured Data’ In Mortgage

This article was originally published HERE for more articles from Patrick Barnard or Mortgage Orb, you can visit mortgageorb.com. In case you didn’t notice, the mortgage process is becoming increasingly standardized as time goes on. Not only did the Great Recession significantly reduce the variety of mortgage products available on the market, but new rules related to underwriting and loan …

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The Appraiser ‘Shortage’: What Can Be Done?

This article was originally published HERE for more articles from Patrick Barnard or Mortgage Orb, you can visit mortgageorb.com. The number of active real estate appraisers continues to shrink, raising questions for mortgage lenders and servicers about how quickly they will be able to get home appraisals in the future and, perhaps more important, how good the quality of the reports will be. Recent …

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