In today's market, making decisions about jumbo and super jumbo loans can be a subjective and potentially risky process. The risk assessment on these loans varies from one financial institution to another, and even from state to state. Jumbo home price classifications can also vary, leading many lenders to require more than one appraisal on a jumbo mortgage loan.
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Nations Title Agency is pleased to announce the promotion of Chris Van Winkle, Clyde Wagner, Roger Garrett and Kevin Kattelman to the position of Regional President for Nations Title Agency. The formation of these new positions will allow them to continue to grow their already strong operations, as well as branching out into new parts of the country.
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Earlier this year, both Fannie Mae and Freddie Mac have instituted a new set of compliance regulations for appraisals, called the Uniform Appraisal Dataset (UAD). All appraisals dated as of September 1st have included additional compliance codes to meet these requirements. Our Platinum Data Scrubber, along with our manual QC process helps to identify errors or reports missing the necessary UAD requirements.
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