Industry News Blog

03/21/2013

This story shows that even people behind keyboards are not anonymous, and may be in the public eye more than they know!

A company's reputation [and their clients' reputations] is intentionally damaged due to actions of single employee.

...

08/15/2012

Today we noticed a Phishing scam mimicking Authorize.net email notifications. As with all suspicious email, prudence is critical.

A simple test can reveal a lot about a suspicious email: hover (do not click) your cursor over a hyperlink to see the actual URL "behind" the hyperlink. If the URL is inconsistent with the email context, then your are most likely the recipient of a phishing scam email.

Here is the notice provided by Authorize.net.

02/28/2012

Lenders using AMC/VMCs for appraisal operations are being quizzed by examiners concerning their management of “Third Party Arrangements”.

As with all regulations, there is often a delay between the effective date of a regulation and the time examiners might start looking for specific behaviors. In the case of the revised Interagency Guidelines relating to “Third Party Arrangements”, this has been true. We have reached the point that examiners are now looking...

10/14/2011

The reemergence of regression analysis tools is surging as lenders and servicers seek greater credibility relating to their collateral valuations. Recent regulations expand the scope of some loan product valuation methods, stipulating the requirement for an appraisal (instead of an evaluation). Appraiser generated alternative valuations are meeting the need for greater accuracy and credibility while also providing a price point competitive to the historic approach (tax cards, BPOs, internal...

10/06/2011

 

“To the Crazy Ones”…as Steve professes: the world is changed by the crazy ones, the ones crazy enough to think they can change the world.

http://www.youtube.com/watch?v=8rwsuXHA7RA&sns=fb

This video is worth a look if you haven’t seen it.
 

10/05/2011

Identity management makes sense to everyone wanting to know who did what.

So for business partners exchanging info electronically, or acting in a B2B workflow relationship, or accessing banking or other online accounts, identity is a critically important tool.

09/09/2011

 

09/09/2011

 

07/26/2011

An interesting article at Minyanville.com takes a look at how a recent study found home values determined based on home sales prices that include concessions such as seller-paid closing costs or cash back for home repairs are skewing the results in subsequent area appraisals.  One might also wonder if that clothes washer and dryer included in the sale helped clinch the deal at a higher sales price.  Are these types of concessions falsely inflating home values?  What do you...

07/22/2011

Fannie Mae analysts say that higher gas prices and supply chain disruptions in Japan, which resulted from the tragic earthquake, are part of the reason the economy is still struggling to regain momentum, according to the July 2011 Economic Outlook released today by Fannie Mae's (FNMA/OTC) Economics & Mortgage Market Analysis Group.  In addition, uncertainty in the European and U.S. sovereign debt issues, housing and unemployment rates are...