“I threw my phone from the roof, and it broke. I guess airplane mode wasn’t working.” Plenty of folks will be traveling soon. Here’s some trivia for tomorrow at the dinner table! (One wonders if residential lending is heading in this direction) … But there are only 12 passenger airlines in the United States. That’s up from 10 just a few years ago but down from about 80 airlines at the peak industry in the 1980s due to a series of bankruptcies and mergers. Four of those companies (Delta, United, American, and Southwest) control 80 percent of the market, with the remaining 20 percent being low-budget airlines that are increasingly struggling. The average airline fare has declined 13 percent over the past year, and that’s been causing issues for the companies that specialize in lower fares, as many of their customers are now seeing the big guys as more accessible than before. (Today’s podcast can be found here, sponsored by Candor. Candor’s patented automated underwriting decision engine, CogniTech, is a state-of-the-art, 100 percent machine platform that can handle infinite loan scenarios. Hear an interview with the STRATMOR Group’s Garth Graham on M&A activity in 2023 and trends in the space heading into 2024.) Lender and Broker Software, Products, and Services With increased regulatory focus on property-valuation bias, lenders need robust risk-management processes in place. The recently released interagency proposals on AVM quality control and ROV-process guidance are designed to prevent valuation bias and help ensure industry stakeholders follow fair-lending practices. Watch our complimentary on-demand webinar to learn how you can prepare, and implement the tools needed to support the proposed AVM standards and ROV guidance.* Our experts discuss how to identify potential bias in valuations, ways to mitigate bias risk, how to monitor AVM and appraisal compliance with fair-lending requirements, and more. Watch this timely and important webinar here. *Check with your compliance or legal department for information on complying with applicable law.

Related Keywords

Orange County , California , United States , Los Angeles County , American , Rex Hagood , Scott Brown , Tom Carroll , Richard Plummer , Blake Hastings , Freddie Mac , Freddie Mac Primary Mortgage Market , Ez Decisioningsm Program , Broker Software , Sales Team , Group Garth Graham , Angel Oak Mortgage Solutions , National Association Of Realtors , View National Mi Announcement Bulletin , Fannie Mae , Movement Mortgage , National Account , Garth Graham , Blue Water , Oak Mortgage Solutions , Angel Oak , Third Correspondent Lending News , Final Document Reminders , Fannie Mae Products , Expanded Access , Financed Properties , Investor Premier , Choice Products Profile , Expanded Guidelines , Short Term Rental , Product Profile , Choice Stretched Prime , Choice Non Prime , Closed End Second , Loanstream Mortgage , Refinance Manufactured Homes , Plaza Home Mortgage , Home Mortgage , Accessory Dwelling Unit , Street Capital , Lending Criteria , Paid Buydown , Servicing Guide , Rescission Relief Guide , Desktop Underwriter Release Notes , Eligibility Matrices , One Underwrite , National Association , November Michigan , Primary Mortgage Market , Unlike Friday , National Account Executive , First Colony Mortgage , Loan Officers , Chief Economist , Retail Sales ,