Category Archives: PEMCO News
Is Appraisal Profession Ready for a Big Reset?
Photo credit: jkfld Initiatives encourage younger talent. Over the past few years, there’s been an abundance of appraisal-related news stories about the declining number of appraisers nationally, the stringent requirements to gain entry into the profession, how appraisers will eventually be replaced by disruptive technology and all of the regulations and technology which […]
Read More →PEMCO Limited Hosting Open Houses on GSA Assets
Photo credit: Julie Lopez First Opportunity: August 22 and August 23, 2015 PEMCO Limited has the opportunity to market fourteen properties in North Carolina, Alabama and Georgia for the General Services Administration (GSA). This contract is in addition to a recently awarded GSA marketing contract in which PEMCO Limited is tasked with marketing […]
Read More →Disrupting the Mortgage Industry
Photo credit: GotCredit Efficiency, transparency and lower costs seen as by-products of coming changes Seven years after the housing crisis, the costs of originating and servicing a mortgage is at all-time highs while customer satisfaction rates are falling. The Collingwood Group, a Washington, D.C.-based business advisory company, recently released “The Mortgage Industry is Ripe […]
Read More →PEMCO Limited is Looking for Agents Providing a Variety of Default Services Nationwide
Photo credit: Myrtle Beach TheDigitel Immediate need in the northeastern U.S. for non-HUD assets PEMCO Limited is pleased to announce that we’re expanding our existing agent network. We are currently looking for experienced real estate agents from around the country, with an immediate need for agents in the northeastern U.S., that wish to provide a variety […]
Read More →Theories On Why Home Prices Are Depreciating
Photo credit: Woodleywonderworks Price appreciation and depreciation varies widely between top 10 metros Recent market reports are showing strong median home price appreciation from this past spring, but according to a report by Weiss Residential Research, price appreciation is uneven and nearly half of homes in ten of the nation’s largest markets actually lost […]
Read More →The FHA’s New Electronic Appraisal Delivery to Go Online Next Year
Photo credit: Gotcredit The start of the end of paper submissions The FHA joins Fannie Mae and Freddie Mac in providing technology for appraisal submission, review and purchasing. The U.S. Department of Housing and Urban Development (HUD) announced the news with Mortgage Letter 2015-08 which gives an overview of the FHA’s new Electronic […]
Read More →New Fair Housing Rule Announced by HUD
Photo credits: Apple Realty On July 8, HUD announced the Affirmatively Furthering Fair Housing Final Rule, which helps HUD-funded communities get help to meet fair housing obligations in using HUD funds. HUD will provide data and tools in addition to technical assistance […]
Read More →HUD and GSEs Expect Lenders to Follow Appraisal Guidelines
Photo credit: GotCredit When appraisal reports are generated and subsequently reviewed as a result of the mortgage loan origination process, lenders and their underwriters should be fully aware that HUD and Government Sponsored Entities (GSEs) expect that their appraisal guidelines be followed. While this expectation is not a new responsibility or not arising from […]
Read More →GSA TO AUCTION TWO PROPERTIES IN COASTAL NEW JERSEY
FOR IMMEDIATE RELEASE: 6/18/15 Pauline Barfield, Landair, LLC 212-736-0404/917-620-1311 Fax: 718-452-1806 Pauline@Barfieldny.com www.Barfieldny.com GSA TO AUCTION TWO PROPERTIES IN COASTAL NEW JERSEY Investment/development opportunities available on former US Coast Guard properties New Jersey: Opening on July 23, 2015, the United States General Services Administration (GSA) will kick-off online auctions to sell two former […]
Read More →PEMCO Limited Awards High School Senior $5,000 Scholarship
PEMCO Limited’s Renee Dona recently awarded a high school student a $5,000 scholarship at the U.S. Pan Asian American Chamber of Commerce’s (USPAACC) CelebrAsian 2015 Conference in Bethesda, Maryland. The 30-year old full service real estate solutions company, a provider of asset […]
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