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 HousingWire’s editorial board based on their vital and dynamic contributions to their companies.

“With so much leadership change happening in our industry, it seems particularly fitting that we highlight the accomplishments of those who help execute the day-to-day operations at the mortgage finance industry’s most important firms. With that, we are honored to present the 2018 HousingWire Insiders,” said HousingWire Editor-in-Chief Jacob Gaffney.

Toni Bright has been with CoesterVMS since 2016 serving as their Chief Compliance Officer. Bright serves to ensure the company remains in compliance with federal, state, and territorial guidelines, and has been active in the industry since 2000. Toni brings a unique perspective to CoesterVMS as she holds a real estate broker’s license, and had worked in the regulatory compliance industry for 8 years prior to joining CoesterVMS.

Click here to visit the official HousingWire article

About CoesterVMS:

CoesterVMS is a nationwide appraisal management company that specializes in providing comprehensive management of appraisal operations for mortgage lenders. CoesterVMS’ in-house appraisal management solution combines the best service with the most advanced technology on the market. CoesterVMS guarantees all appraisal reports to fully comply with all regulations and guidelines. The company’s Cloud Control appraisal management technology is the only software of its kind to be built on the award-winning Salesforce.com platform, and its “Coester-Mer” service is earning the company a reputation for the best customer service in the industry. Headquartered in Gaithersburg, Maryland, CoesterVMS was founded as a local appraisal company and has since grown to a formidable nationwide force in the appraisal management segment.

Brian Coester is the Chief Executive Officer of CoesterVMS. He is an Entrepreneur and an expert in the real estate appraisal industry. For more information please visit CoesterVMS online at www.CoesterVMS.com

The post CoesterVMS CCO Toni Bright Honored as a 2018 HousingWire Insider appeared first on PR Submission Site.

Thoroughgood Elementary, Creeds Elementary, Lindenwood Elementary, and Truitt Internediate Chesapeak were among the four schools to received aid and assistance to ensure the buildings were ready for the 2018 school year.  The makeover included landscaping, construction, painting, installing chalkboards, power washing, cleaning, and assistance setting up the classrooms.

“The makeover was complete just in time for the new school year. Over five hundred people came out to make a huge impact on the lives of our youth and the community. It was a really fun day where the community comes together to get their hands dirty and beautify four of our local schools,” said Lydia Wigglesworth-Ballard of Wave City Care.

This year’s makeover marked the 13th year of the event for Wave City Care. Wave City Care is a non-profit that serves the community through educational services, mentor-ship opportunities, and local community volunteer work. For a breakdown of this year’s School Makeover event, the details have been provided below.

Thoroughgood Elementary – Virginia Beach

– Landscaping; filled 90 pots with potting soil and plants
– Construction
– Painted 45 classroom doors and accent walls in 40 portables
– Installed chalkboards in 25 portables
– Assist teachers with classroom setup

Creeds Elementary – Virginia Beach

– Cleaned tile walls and door knobs
– Landscape, mulching grounds
– Power washing

Lindenwood Elementary – Norfolk

– Landscaped; cleaned flowerbeds and mulched front of building
– Lay timbers and rubber mulch for playground
– Painted cabinets, marquee, and blackboard poles
– Designed and painted a mural
– Construction; assembled picnic tables

Truitt Intermediate Chesapeake

– Landscaped gardens in front of building
– Painted mural & walls in teachers’ lounge
– Construction; built of storage sheds
– Power wash
– Decorated bulletin board and teachers’ lounge

CoesterVMS is a nationwide appraisal management company that specializes in providing comprehensive management of appraisal operations for mortgage lenders. CoesterVMS’ in-house appraisal management solution combines the best service with the most advanced technology on the market. CoesterVMS guarantees all appraisal reports to fully comply with all regulations and guidelines.

The company’s Cloud Control appraisal management technology is the only software of its kind to be built on the award-winning Salesforce.com platform, and its “Coester-Mer” service is earning the company a reputation for the best customer service in the industry. Headquartered in Rockville, Maryland, CoesterVMS was founded as a local appraisal company and has since grown to a formidable nationwide force in the appraisal management segment.

Brian Coester is the Chief Executive Officer of CoesterVMS. He is an Entrepreneur and very keen to play his part in the betterment of the society.

“It is not the first time Coesters took part in this kind of activity and certainly not the last time. I and my company will continue serving our country.” said by the Brian Coester.

The post CoesterVMS and Wave City Care School Makeovers 2018 appeared first on PR Submission Site.

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.”

Selling Guide Updates

The Selling Guide has been updated to include changes to the following:

1. High Loan-to-Value Refinance Option
2. Market Conditions Addendum (Form 1004MC)
3. Disbursement of HomeStyle® Renovation Funds
4. Consolidation of Data Quality and Integrity and Mortgage Fraud
5. First Payment Date
6. Miscellaneous Selling Guide Updates

Each of the updates is described below. The affected topics for each policy change are listed on the Attachment. The
Selling Guide provides full details of the policy changes. The updated topics are dated August 7, 2018.

High Loan-to-Value Refinance Option

We updated the Selling Guide to include all of the details that were previously communicated in LL-2017-05, High Loanto-Value Refinance Option and LL-2018-02, High Loan-to-Value Refinance Option Update. We have also added a new page to the Eligibility Matrix for these transactions.

The high LTV refinance option is the permanent replacement for DU Refi Plus and Refi Plus. We will remove the content related to these products from the Selling Guide in 2019, after the September 2019 loan delivery deadline.

Effective Date

While lenders may not begin accepting applications for this option until after November 1st, they may now access all of the requirements directly in the Selling Guide.

Click here to view the full update from Fannie Mae.

The post Fannie Mae Announces 1004MC Form No Longer a Requirement appeared first on PR Submission Site.