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CoesterVMS CCO Toni Bright Honored as a 2018 HousingWire Insider

HousingWire announced its annual Insiders lists, and CoesterVMS’ Chief Compliance Officer – Toni Bright – was chosen for the honor. This is the third year that HousingWire has formulated their Insider’s award, which recognizes the unsung heroes that propel their companies to success. These winners are the “go-to” team members in their companies and represent a wide range of occupations within the housing industry, from lending and servicing to investments and real estate. The Insiders are professionals their companies turn to with their most important or challenging projects because their contributions and hard work lead to superior results. “This year’s group of Insiders exemplify what it means to get the job done and done right.” Online Editor Caroline Basile said. “Each of the mortgage and housing professionals we honored made incredible contributions to their companies’ successes and we’re excited to recognize their achievements.” HW’s 2018 Insiders were carefully selected by

Texas Real Estate Commission, Appraiser Board accused of ignoring customer service “crisis”

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Government watchdog says licensing agencies are hoarding money. The agencies that license real estate agents and appraisers in the state of Texas are ignoring a customer service “crisis” while hoarding money that could be used to address a laundry list of problems, a Texas government watchdog recently said. The Texas Sunset Commission, a state government watchdog agency that advises the state’s legislature on the effectiveness of state agencies, said in a report published this month that the Texas Real Estate Commission and the Texas Appraiser Licensing and Certification Board are keeping excess revenue in their coffers to pay for a new building rather than using the money to deal with customer service problems that are “overwhelming” the agencies. According to the Sunset Commission report, the Texas Real Estate Commission has not kept up with the state’s booming housing market. The report states that from 2013 to 2017, the number of Texas Real Estate Commission licensees gr

Fannie Mae Announces 1004MC Form No Longer a Requirement

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Effective August 7th 2018, Fannie Mae released an update stating the 1004MC form is no longer required. The 1004MC form was introduced to standardize appraiser reporting and analysis of market conditions after the 2008 housing crisis. Though the form is no longer a Fannie Mae requirement, they’ve released the following note: “Appraisers remain responsible for analyzing market conditions and accurately reporting them in the Neighborhood section of our appraisal forms.” Click here to view the full update from Fannie Mae. Source: This news was first published at CoesterVMS.net , which is an official blog of CoesterVMS , appraisal management company in USA .