Credit unions are a growing segment of the financial services market. Recent data reveals they are increasingly popular with consumers seeking share draft accounts, real estate and auto loans,..
The Property Assessed Clean Energy (PACE) loans programs provide financing for homeowners to make their homes more energy efficient. To date, more than 20 states have enacted legislation related..
Today’s property appraisers and other real estate professionals face challenges on many fronts. One of the most important demands placed upon the profession is the need to provide accurate data in..
In a perfect world, everyone would be honest and above-board at all times, including during real estate transactions. Unfortunately, we do not live in that world — at least not today. There are..
Advances in technology have made it possible to collect nearly infinite amounts of data. However, leveraging such data is a continuing challenge. Especially challenging is the potential loss of..
Insurance is largely about managing risk. Providers structure coverage in part based on the likelihood that policyholders will need certain services and will make certain claims. Those who buy..
Property inspections are utilized by agents in various sectors, including mortgage lending, state and municipal government, insurance and construction. These inspections are customarily..
Outside of the tech sphere, big data is often viewed as a trendy tech concept. In reality, nearly everyone has had some exposure to big data, whether they realize it or not. Social media..
Legal professionals make it their business to assess risk on behalf of clients. In the world of real estate, this typically means gathering and reviewing reams of documents. The goal is to confirm..
The process of investment holds significant risk, and fiduciaries hold a responsibility to investors to guard against that risk. Due diligence is an in-depth investigation into a potential partner..
As a mortgage lender, it is important to be familiar with the concept of replacement cost. Essentially, a replacement cost is the amount needed to replace an asset at the same value — in the..
Not that long ago, the only way you could get an accurate overview map of a piece of property was to hire a pilot and use an advanced camera or video recorder to get footage. Now, thanks to the..
In the world of mortgage origination, you have to stay abreast of a lot more than current interest rates, the pros and cons of a 15-year mortgage to a 30-year and how the housing market is acting..
According to the National Association of Realtors, nearly 75 percent of buyers finance a mortgage to help them with their home purchase. However, new tax deduction changes may affect that number..