Class Valuation recently announced a partnership with Makena, a property data platform designed to help enterprises collect accurate, structured and actionable property data at scale, to give appraisers access to Makena’s mobile data collection and floor plan application, as they prepare for the wide-scale UAD 3.6 mandate on Nov. 2.

Mortgage Bankers Association Chief Economist Mike Fratantoni issued commentary describing key takeaways from the latest employment numbers released by the U.S. Bureau of Labor Statistics on June 5.

Federal regulators may soon push for lenders to strengthen protocols for verifying a loan applicant’s immigration status, following an executive order (EO) issued by President Donald Trump on May 19. Dodd Frank Update spoke with a pair of former regulators about the impact the EO could have on lenders, given the many precautions financial institutions already take to mitigate potential risks associated with lending to noncitizens.

The use of the third person in appraisal reporting stems from the need to present objective, detached and professional analysis. Jamie Owen, owner of Aspen Appraisal Services, shared his thoughts on this topic with Dodd Frank Update, including what hinders clarity regarding complex or litigation-heavy assignments.

A federal court approved a $110 million settlement to resolve allegations against Wells Fargo claiming the nation’s third-largest bank by asset-size engaged in systemic discrimination through its mortgage lending and hiring practices. The settlement includes the creation of programs benefiting low-and-moderate-income borrowers.

After nearly a year of anxious waiting for many veteran homeowners struggling to make their mortgage payments, the U.S. Department of Veterans Affairs announced the release of its new partial claim program and updated loss mitigation “waterfall” on June 1.

Intercontinental Exchange, Inc., a provider of financial market technology and data powering global capital markets, recently released its May ICE Mortgage Monitor report. The analysis found that U.S. home prices rose 0.32 percent in April on a seasonally adjusted basis — the strongest single-month gain in nearly two years.

Dodd Frank Update spoke with McKissock Learning’s Kevin Hecht on the topic of “Human Judgement in a Machine World: Keeping Appraisal Expertise at the Center" for part II of our conversation with the appraisal industry veteran, along with other timely topics for appraisers, including making sense of artificial intelligence.

With federal agencies rolling back rules and guidance that governed fair lending compliance while states are ramping up regulation and enforcement in the fair lending space, calibrating compliance risk mitigation strategies accordingly is a daunting task. A panel of fair lending experts recently discussed the rapidly shifting compliance priorities.