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Housing Market Recession

Housing Wire

This article is part of our 2022 – 2023 Housing Market Forecast series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. The economy looks to be ending 2022 on a positive note, unfortunately, it doesn’t alter our view that we’ll likely enter a mild recession in the new year.

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OK to average adjusted comps on appraisals?

Appraisal Today

Fannie Mae is referenced as the source of this prohibition, although no such prohibition explicitly exists according to Fannie Mae’s Selling Guide. There is a prohibition on averaging techniques, but that applies in the Reconciliation section with regards to reconciling the three approaches to value.

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Appraisal Reviews – The Good and The Bad

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Condo risks, mortgage origination volume down, 4 high growth appraisal companies, cost cutting tips, unusual homes, mortgage origination stats, etc. ==. Lots of ways to cut costs and increase profits. Check your report for common mistakes.

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Value of a Pool for Homes?

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on changing real estate market, interest rate forecasts, non lender appraisals, foreclosures way down from 2008, Freddie and ANSI, unusual homes, mortgage origination stats, etc. The value of a pool for Homes? That’s what we always hear. And, it’s true.

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[PULSE] 5 reasons mortgage rates will fall in 2021, according to Dave Stevens

Housing Wire

The Mortgage Bankers Association in its most recent forecast sees two things that stand out. Second, the MBA joined the GSEs and other economists who forecast a significant drop in mortgage production in 2021, with most estimating declines in the range of $700 – $800 billion year over year. You must be wrong.” 1 of this year.

Mortgage 540
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New 2024 USPAP Q&As

Appraisal Today

Personal Inspection I recently completed an appraisal on a residential dwelling for Lender A that sells loans to Fannie Mae and Freddie Mac and the report was completed on a GSE form. Lender A decided not to grant the loan and the borrower then engaged Lender B to obtain financing. I am glad the ASB is explaining them.

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2024 USPAP For Appraisers

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, economics analysis, Fannie getting rid of appraisers?, unusual homes, mortgage origination FNMA Continued Effort to Get Rid of Appraisers By Jonathan Miller, Sept. This covers all Definitions, Rules, and Standards.