Congratulations to Laura Smith for being inducted as board member for AARO!!
SCPAC is Proud to Announce the Following
Congratulations to Dale Bailey for being nominated to be the Chairman of the Membership Committee for The Appraisal Foundation Advisory Council for the upcoming year.
As you may know, Ben Atkins was a previous Chairman of this committee. After consulting with Ben and reflecting on the current condition of appraisal organizations nationwide, Dale's hope is to bring a positive outlook to this position and an outstanding reflection for SCPAC that he attend to this duty.
He has accepted the nomination on behalf of SCPAC and will do his best to uphold and promote both organizations to the best of his ability.
Thank you, Dale for your continued support and representation of your profession, colleagues and SCPAC!
WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing on the 10th anniversary of the federal government’s takeover of Fannie Mae and Freddie Mac, the failed...Read More
It was probably inevitable that the Biden Administration would enlist housing giants Fannie Mae and Freddie Mac to advance its woke agenda, and now it has. Last week the government-sponsored enterprises released plans to promote housing “equity” that are chock-full of race-based subsidies.
Fannie and Freddie have been under federal conservatorship since Treasury rescued them during the housing meltdown with a $190 billion taxpayer bailout. The Federal Housing Finance Agency (FHFA) has since regulated their capital, liquidity and underwriting, as well as the mortgages they can acquire. Trump FHFA director Mark Calabria kept the monsters on a tight leash, but there was always a risk that a future Administration would ease up and politicize home lending again. That day has come... Read More
One of the benefits of being a SCPAC member is sharing industry information. Not only do we share our information, we also share information from others . We encourage each of you to share industry articles with us. Being informed leads to success!...Read More
In the interview we did with Fannie Mae last issue, Fannie Mae & Your Future, Fannie says that they have determined that big data, when combined with new and powerful algorithms, are "good enough" for certain types of transactions—and are cheaper and faster to boot, which is seemingly what everyone demands these days...Read More
