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Reverse Mortgage Industry News

• MLSs gear up for the implementation of NAR’s delayed marketing
  How MLOS is being implemented differs from MLS to MLS, just as NAR had hoped with its initial policy announcement.
• AVM testing under fire: New methodology challenges industry norms and raises risk for lenders
  The reliability of Automated Valuation Models (AVMs) has been thrust into the spotlight in recent weeks, following groundbreaking changes in the way these models are now being tested. The implications for home equity lenders, who rely heavily on AVMs to determine property values, could be far-reaching, especially as the industry grapples with new regulatory questions […]
• Stephen Miran confirmed as Fed governor ahead of FOMC meeting
  Miran, chairman of the White House’s Council of Economic Advisers, was approved by the Senate Banking Committee last week.