OCC releases letter criticizing appraisal agreement – NMP Skip to main content

OCC releases letter criticizing appraisal agreement

May 29, 2008

Joe Krumbach joins Normandy MortgageMortgagePress.comJoe Krumbach, Normandy Mortgage, vice president of sales and recruiting Joe Krumbach has joined Normandy Mortgage in Burien, Wash. as vice president in charge of sales and recruiting. Krumbach has been in the mortgage industry since 1990. He is originally from Walla Walla, Wash., with family roots dating back to the mid 1800s in the Walla Walla Valley. In 2003, Krumbach married his best friend and love of his life, Jerry. They enjoy traveling extensively, spending time with friends, and are involved with several non-profit organizations. Krumbach is an alumnus of Pasco High School, Columbia Basin College and Washington State University. Joe also served as the president of the Seattle Mortgage Bankers Association from 2005-2006, and continues to serve as a board member, and chair of the programs committee. For more information, viait www.normandymortgage.com.
About the author
Published
May 29, 2008
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026