Clear Capital’s Kenon Chen on appraisal modernization

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital, to talk about appraisal modernization and how technology is just part of the solution. Sarah Wheeler: What are some of the biggest challenges right now?Kenon Chen: The challenge
Read MoreFHA proposes changes to 203(k) program

Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program. The updates include increases in the maximum rehabilitation costs for the program’s limited version, an extension of the allowable peri
Read MoreTennessee’s Realty Executives gains top-producing family of agents

Knoxville, Tennessee-based Realty Executives have gained some top-producing agents. The founders of RE/MAX Preferred Properties, Ryan, Rich and Patti Levenson, are joining Realty Executives, according to an announcement on Wednesday.The family sold the franchise in October 2021 but remained with RE/
Read MoreGinnie Mae revises definition of high-balance loans in new guidance

Government-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition for high-balance loans, conforming to new limits announced earlier this week by the Federal Housing Finance Agency (FHFA), according to All Participants Memorandum (APM) 23-13.“Under the new definition,
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