Housing Wire

MARCH 10, 2022

How much does a typical low-income first-time homebuyer with a Fannie Mae -backed mortgage bring to the closing table? The typical low-income first-time homebuyer with a Fannie Mae-backed mortgage also has a 747 credit score, the research paper shows. In 2020, about 4% of Fannie Mae-acquired purchase loans went to Black borrowers.

Property Taxes 366

Property Taxes Lending Insurance Local Properties 366

Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In 2020, the use of “blind” appraisal waivers reached staggering, record highs. Real estate agents in particular understand local properties extremely well.

Appraisal 313

Appraisal Valuation Real Estate Modernization 313

Boston Appraisal

NOVEMBER 6, 2020

As of the end of October 2020, interest rates on a 30-year refinance mortgage were averaging around 3.2%. Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number.

Appraisal 148

Appraisal Market Value Real Estate Sellers 148

Boston Appraisal

NOVEMBER 6, 2020

As of the end of October 2020, interest rates on a 30-year refinance mortgage were averaging around 3.2%. Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number.

Appraisal 78

Appraisal Market Value Sellers Real Estate 78