Appraisal Buzz

JANUARY 31, 2022

With an emphasis on the Golden State, investors in 2021 comprised the highest share of single-family home and condo sales nationwide since 2013. The post Institutional Investors Reach Seven-Year High in Home Purchases appeared first on Appraisal Buzz.

Investors 397

Investors Appraisal 397

Appraisal Buzz

MAY 21, 2024

From that point forward, she has been a key player in the mortgage and real estate industries, consistently performing exceptionally well as a top producer, except for 2013 and 2014 when she fully committed herself to coaching. In 2007, she launched her first coaching and training company.

Mortgage 195

Mortgage Training Design Real Estate 195

Appraisal Buzz

MAY 14, 2024

percent in April, higher than the survey average of 18 percent dating back to 2013. The post MBA: Applications for New Home Purchases Increased in April appeared first on Appraisal Buzz. “First-time homebuyers account for a growing share of purchase applications with the FHA share of applications at 26.3

Construction 195

Construction Mortgage Appraisal 195

Housing Wire

OCTOBER 16, 2023

.” Bi-merge, appraisal udates Thompson also said the FHFA efforts to implement a bi-merge credit report “are moving full steam ahead.” ” On Monday, the FHFA also published its new Uniform Appraisal Dataset (UAD) appraisal-level public use file.

Law 312

Law Appraisal Valuation Finance 312

Appraisal Buzz

MAY 17, 2021

That year, the FHFA called for a comprehensive review of the GSEs’ CRT programs for the first time since their inception in 2013. The post FHFA Issues First Report Related to GSE Credit Risk Transfers appeared first on Appraisal Buzz. As an initial step toward that objective, the report estimates the historic and projected net costs.

Finance 293

Finance Appraisal 293

Housing Wire

MAY 16, 2024

The third PLF reduction in October 2013 was assessed in more granular detail and concluded that “the first and second reductions may have helped remove so many potentially marginal loans from the population that models could not detect any beneficial effects due to the third reduction and drawdown restriction,” the report said.

Development 309

Development Appraisal Property Appraisal Insurance 309

Appraisal Buzz

JUNE 20, 2022

Crockett joined Credit Plus in 2013 to create its QA/QC division. The post Xactus Names Michael Crockett Chief Data Officer appeared first on Appraisal Buzz.

Development 195

Development Appraisal Mortgage 195

Housing Wire

AUGUST 21, 2023

487 LiveEasy 1,204% 2013 Real estate software company changing the way people manage their move and their homes. 1,032 Realync 575% 2013 A real estate video engagement platform unlocking authentic experiences that connect and convert across the prospective renter and resident lifecycle. 4,105 FirstCloseFirstclose. Source: Inc.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Appraisal Buzz

DECEMBER 14, 2021

She has served as the deputy director of the agency’s Division of Housing Mission and Goals (DHMG) since 2013. The post Sandra Thompson Officially Nominated by President Biden as FHFA Director appeared first on Appraisal Buzz.

Government 195

Government Finance Appraisal 195

Appraisal Buzz

AUGUST 11, 2021

He joined Cherry Creek in 2013. The post Cherry Creek Mortgage Promotes Brian Carlsen to VP of Risk Management appeared first on Appraisal Buzz. Brian Carlsen has been promoted to vice president of risk management at Cherry Creek Mortgage , a nationwide, full-service mortgage lender. Carlsen was heavily involved in opening Cherry.

Mortgage 195

Mortgage Appraisal 195

Appraisal Buzz

JUNE 24, 2021

has served as Deputy Director of the Division of Housing Mission and Goals (DHMG) at FHFA since 2013. The post White House Appoints Acting FHFA Director Sandra Thompson appeared first on Appraisal Buzz. In that time … The post White House Appoints Acting FHFA Director Sandra Thompson appeared first on DSNews.

Finance 195

Finance Appraisal 195

Appraisal Buzz

JUNE 24, 2021

Since 2013, Thompson? Thompson Named Acting Director of Federal Housing Finance Agency appeared first on Appraisal Buzz. The Biden administration has appointed Sandra L. Thompson as the acting director of the Federal Housing Finance Agency (FHFA), effective immediately. Prior to joining FHFA, Thompson worked at the Federal.

Finance 195

Finance Lending Appraisal 195

Housing Wire

JANUARY 11, 2022

Fannie Mae opened 2022 with its 45 th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first offering in 2013.

Investors 336

Investors Valuation Government Mortgage 336

Housing Wire

NOVEMBER 11, 2021

Hughes’ retirement comes after more than 21 years at Amrock, with a total of 30 years devoted to the title, appraisal, and settlement services industry. How do remote valuation solutions benefit appraisers? To keep up with the high demand amid the ongoing pandemic, appraisers need a remote solution that keeps them in full control.

Valuation 334

Valuation Technology Appraisal Clients 334

Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. Trainees can do them.

Appraisal 69

Appraisal Modernization Training Business 69

Housing Wire

OCTOBER 24, 2022

Appraisal bias. FHFA also announced a new Uniform Appraisal Dataset (UAD) Aggregate Statistics Data file, with user-friendly visualization on its website, to develop a more efficient valuation system to reduce appraisal bias. “As FHFA’s Division of Research and Statistics used 47.3

Valuation 340

Valuation Finance Appraisal Mortgage 340

Housing Wire

APRIL 20, 2021

In analyzing more than 7 million homes sold between 2013 and the beginning of 2021, Redfin found homes in Black neighborhoods are undervalued by an average of $46,000 compared to homes in primarily white neighborhoods, the company said. “That’s $46,000 that would multiply as the years go on and benefit future generations.”

Home Value 458

Home Value Investing Lending Real Estate 458

Appraisal Today

DECEMBER 15, 2023

The UAD and Appraisers – Past, Present, and Future Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Lenders and fee appraisers have done this for decades. Few new appraisers.

Appraisal 77

Appraisal Contracts Business Mortgage 77

Housing Wire

APRIL 20, 2021

In 2013, HUD issued a disparate impact rule that made clear that there would be liability for housing discrimination regardless of intent. Lawmakers will also hash out a measure to analyze federal underwriting standards and guidance, and promote diversity in the appraisal profession.

Legal 508

Legal Law Insurance Development 508

Appraisal Buzz

DECEMBER 13, 2021

.” We sat down with Greg Stephens, coordinator of this webinar with Metro-West Appraisal Company, to learn more about this free upcoming webinar. Greg: My background in the appraisal industry spans 44 years. Since 1987, I have been teaching appraisal-related courses through my seminar company, Appraisal Seminars.

Supply Chain 363

Supply Chain Construction Appraisal Real Estate 363

Housing Wire

MAY 2, 2021

First American continues to innovate its valuation business by delivering instant access to property data; improving collaboration among appraisers, appraisal management staff and lenders; and implementing cutting-edge quality assurance tools.

Technology 344

Technology Valuation Mortgage Inspection 344

Cleveland Appraisal Blog

JANUARY 5, 2023

I’ve noticed recently that when I call real estate agents to confirm information about properties I am using in my appraisal, almost every agent answers their phone and if they don’t, even if I don’t leave a message, they call me back. Interestingly, the number of active listings has dropped every year since at least 2013.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

McKissock

MARCH 19, 2021

FHFA extends relaxed lending and appraisal standards to the end of April. Read on for the latest in appraisal news. FHFA extends relaxed lending and appraisal standards. “The COVID-19-related flexibilities surrounding alternative verifications of employment and appraisals were originally set to expire on March 31, 2021.

Housing Market 90

Housing Market Appraisal Marketing New Listings 90

Appraisal Today

DECEMBER 8, 2023

OK to average adjusted comps on appraisal? Basic Appraisal, but not all appraisers know about this, especially if they “appraise to fit the form” aka form fillers. Worth reading, plus the appraiser comments. Click here = Appraisers vs. Lenders. One of the best I have read. What Can We Do?

Appraisal 67

Appraisal Real Estate Contracts Design 67

Housing Wire

MAY 9, 2022

It specializes in low-rate mortgage refinances, in which it originates a loan with no closing costs, including appraisal, credit report, escrow and title. Owning’s platform processed more than $20 billion in total loan volume in 2020. Guaranteed Rate is ranked No. 7 among the biggest lenders in the U.S.,

Human Resources 366

Human Resources Lending Retail Mortgage 366

Appraisal Today

DECEMBER 2, 2022

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

MN Real Estate Services

FEBRUARY 27, 2017

National and Regional Industrial Real Estate Appraisal Trends. The new president has been talking about a rebirth in manufacturing in the US, whether or not he can pull it off is another question, but you wold expect some increases in appraisal values if only in anticipation of renewed demand.

Real Estate 60

Real Estate Appraisal Property Taxes Landlords 60

Housing Wire

MARCH 18, 2021

year-over-year to $336,200 in February – the largest increase since July 2013, according to the latest report from Redfin. Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. The national average of home prices rose 14.4%

Buyers 545

Buyers Sellers Inventory New Listings 545

Housing Wire

MARCH 21, 2022

billion reference pool received appraisal wavers, resulting in the bond-rating agency applying “a broad valuation haircut to such loans.”. Fannie Mae allows lenders to underwrite certain loans without a traditional appraisal, subject to certain eligibility requirements,” the KBRA report notes. of the 150,000-plus mortgages in the $44.4

Investors 351

Investors Insurance Valuation Mortgage 351

Housing Wire

SEPTEMBER 28, 2023

From 2007 through mid-2013, approximately 5.5 What’s really changed since 2013? A successful home closing simply cannot happen without a multitude of firms — mortgage brokers, appraisers, title companies, real estate brokers and professionals — investing their efforts and collaborating.

Legal 407

Legal Training Real Estate Business 407

McKissock

DECEMBER 15, 2020

The VA uses state-licensed or state-certified appraisers to provide opinions of value for the homes on which it guarantees the mortgages. In order to complete a VA appraisal , you must be on the VA panel. Here’s an overview of how the VA appraisal panel operates. VA appraisal panel vs. FHA appraisal roster.

Appraisal 53

Appraisal Property Appraisal Contracts Real Property 53

Appraisal Today

OCTOBER 14, 2022

Appraisal Risk, Reviews, and Revisions. Excerpts: This is part three of a three part series on appraisal review – Read parts one and two. I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” Appraisers and AMCs spend less time and have fewer hassles. By Ken Dicks.

Appraisal 52

Appraisal Insurance Real Estate Business 52

McKissock

APRIL 14, 2023

Wondering what’s happening with FNMA and the appraisal profession? FNMA representatives will discuss topics that keep appraisers like you awake at night. Lyle Radke Lyle is the Senior Director of the Collateral Policy team, helping to establish and maintain policy standards for appraisals and property eligibility. Did you know?

Appraisal 74

Appraisal Real Estate Development Investing 74

McKissock

JULY 24, 2020

Disciplinary complaints against appraisers have become more frequent over the last several years. Of course, not all appraisal complaints result in disciplinary action. How your state handles disciplinary complaints against appraisers is undoubtedly going to be different than how my state handles them. Administrative procedures.

Appraisal 53

Appraisal Law Government Real Estate Agent 53

Valuation Review

JUNE 7, 2021

Fannie Mae issued Lender Letter (LL-2013-10) regarding the Appraisal Quality Monitoring process to remind lenders of its appraiser selection requirements, highlight several data quality issues, and describe new processes that Fannie Mae has implemented to identify and monitor individual appraisers.

Appraisal 60

Appraisal 60

McKissock

SEPTEMBER 15, 2020

When it comes to appraisal violations , certain minor violations are very common. I have compiled these based on many years of personal experience in appraisal regulation, as well as feedback I have received from other states’ enforcement agencies. Failure to disclose appraisal assistance. Failure to analyze sales history.

Appraisal 52

Appraisal Property Appraisal Real Property Law 52

Housing Wire

APRIL 8, 2022

KBRA’s presale ratings report on the STACR 2022-DNA3 offering indicates that appraisal wavers were granted for nearly 40% of the reference pool loans, which were assessed instead through the agency’s Automated Collateral Evaluator, or ACE, system. “It Morgan Chase Bank , 5%; and Pennymac , 4.8%. billion in credit risk on approximately $2.7

Valuation 330

Valuation Investors Mortgage Insurance 330