FHA to begin collecting new maximum MIP for loans on or after June 3rd, 2013
Rule changes include higher MIP and a requirement that mortgage insurance to be paid for the life of some FHA home loans.
Appraisal Foundation releases pamphlet: A Lender's Guide to USPAP
A Lender's Guide to USPAP provides an overview of the appraisal process for people in the loan underwriting business.
When Must Your Disclose Real Estate Agency Relationships to a Consumer?
Brokerage services and agency relationships must be disclosed at the earliest practicable opportunity with a consumer.
Need a Mortgage? Be Prepared!
Mortgage underwriting guidelines have become much stricter - learn how to improve your odds of securing a home loan.
Sustained Use of Loans Raises Consumer Protection Concerns
The CFPB has issued a new report on the use of payday and deposit advance loans and how those who use these products risk serious debt.
Upcoming Changes to the Real Property Appraiser Qualifications
Certified Residential Appraisers will be required to hold a bachelor's degree and there will be new supervisory appraiser education.
IRS Releases the Dirty Dozen Tax Scams for 2013
The top dozen IRS scams for 2013 include identity theft, phishing, preparer fraud, offshore income and scams involving social security.
Identity Crisis: How to Protect Yourself against Identity Theft - Part 2
Part 2 of a series, describes how best to protect yourself from identity theft.
Updated Colorado Inspection Objection - Inspection Resolution Forms
After reviewing more information and discussions with lenders, brokers, and committee members, VanEd is updating our Inspection Process Discussion for our real estate students and affiliates. Here you can find an update on the new Colorado Inspection Notices discussion that began when the Colorado Real Estate Commission (CREC) updated the new forms. We will continue to monitor the discussion and update our members when appropriate.
Identity Crisis: How to Protect Yourself against Identity Theft - Part 1
Part 1 of a two part series describes the common scams and approaches used by identity theft criminals.