New eSignature Requirements for Lenders

DocuSign joins the rest of the United States real estate industry in applauding the Federal Housing Administration (FHA) Office of Single Family Housing’s expansion of lender authority to accept electronic signatures on documents associated with mortgage loans. The publication of Mortgagee Letter 2014-03 is the...

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Real Estate Terms You Need to Know

Is 2014 going to be the year when you plan on becoming a homeowner? That is great, but before you step into the market, you should familiarize yourself with the terms that are so often used. Fail to understand these, and you will not be...

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Protecting Homeowners from Flood Insurance Rate Hikes

The Independent Community Bankers of America® (ICBA) recently called on the Senate to pass bipartisan legislation to protect homeowners from significant increases in flood insurance premiums, which began being phased in on Oct. 1. S. 1926, introduced by Sens. Robert Menendez (D-N.J.) and Johnny Isakson...

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Homebuyers Now Have Better Access to Home Appraisals

A new law has been enforced that will provide homebuyers with a deeper insight to their home appraisal, which includes the reviews and the electronic cross-checks. Lenders use these to determine the loan amount which should be approved.  In the light of this policy, the...

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