Posts by Anna DeSimone

Fannie Mae released new requirements on September 19, 2023 that are considered important protections for mortgage investors, homebuyers, and the housing market. Appraiser Independence Requirements (AIR) set forth standards to safeguard the independence, objectivity, and impartiality of appraisers and other independent parties throughout the valuation process for 1-4 residential properties. Property Data Collector Independence Requirements…

Peer Analyses Stay a step ahead of regulatory requirements by ordering a peer analysis of your lending marketplace. Enforcement agencies expect mortgage institutions to measure loan distribution in underserved areas, compared to lending activity by other lenders. In particular, a key imperative to a fair lending strategic plan is serving low-and moderate-income (LMI) and majority-minority…

The industry’s most in-depth credit needs assessment An indispensable tool for community lenders to meet the market with confidence Helps define measurable goals for fair lending outreach Available for any U.S. state, county, city, zip code, or minority community Choose any combination of geographic segments Demographic and statistical profile report for each selected area Estimates…