I’ve been a fan of Bill Kidwell & his efforts at IMMAAG for a long time. Bill & I served on the Colorado Association of Mortgage Brokers (CAMB) board back in the mid 2000′s. In fact, the first mortgage registration bill for Colorado was passed when we were serving as CAMB’s President & President-Elect respectively. Bill [...]
Read More Bill Kidwell, CAMB, Federal Reserve, IMMAAGOur good friends at IMMAAG reported today that FHA has enacted a similar appraisal management process to the much maligned & ill-conceived HVCC regulation that has added layers of complexity and cost to conventional (FNMA, FHLMC) mortgage financing. Excerpts from IMMAAG’s most recent alert: It is no secret that IMMAAG has opposed HVCC since the [...]
Read More fha, HVCC, IMMAAG