Housing Wire

NOVEMBER 29, 2022

This was “likely attributable to massive government stimulus and other support programs designed to stabilize the housing market during the COVID-19 pandemic,” according to the report. Bias in lending is a challenge that the mortgage industry has been struggling with, as seen from a handful of suits.

Lending 346

Lending Government Mortgage Valuation 346

Housing Wire

JUNE 7, 2022

On the servicing side, a default servicer will work with a number of third-party vendors to gather collateral valuation, title information, property inspections and field services reports. Servicers, especially those who service government-insured loan products, are under statutory time constraints that give them very little wiggle room.

Lending 270

Lending Mortgage Technology Modernization 270

Housing Wire

OCTOBER 6, 2020

Purveyors of very complex financial instruments, sold to risk-averse investors under the careful oversight of government regulators, have given us a process that must conform to investor and regulatory compliance requirements. Lending technology out of focus. We have fared much better on the automation side.

Technology 440

Technology Mortgage Investors Investing 440

Housing Wire

FEBRUARY 7, 2022

A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD. In August, HUD Secretary Marcia Fudge signed an agreement with the Federal Housing Finance Agency to strengthen fair lending enforcement.

Insurance 334

Insurance Modernization Lending Mortgage 334

Housing Wire

JUNE 28, 2021

Appraisers decry them as counterproductive, even exploitative middlemen, while lenders offer a pat on the back for keeping them one step ahead of government auditors. But they did not become key players in the home valuation industry until the recent housing bubble.”. But he repeatedly surfaces as the designated mouthpiece for AMCs.

Appraisal 397

Appraisal Valuation Business Contracts 397

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry. Valuation Equity.

Valuation 69

Valuation Technology Lending Real Estate 69

Housing Wire

MAY 16, 2023

.” At that time, historically low rates spurred the mortgage market to $4 trillion in volume — and the perception among the rank-and-file was that Home Point Capital ‘s wholesale lending business Homepoint was a great place to work. In addition, Home Point sold its delegated correspondent business to Planet Home Lending.

Mortgage 358

Mortgage Lending Business Technology 358

Birmingham Appraisal

AUGUST 2, 2023

Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.

Appraisal 73

Appraisal Agents Valuation Real Estate 73

McKissock

JANUARY 6, 2023

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. They all handle land and building acquisitions and dispositions, as well as condemnation valuations.

Appraisal 74

Appraisal Training Lending Land Management 74

McKissock

SEPTEMBER 21, 2021

This blog article outlines several identity theft tips specifically designed for appraisers. Appraisers are bound to follow federal and state laws and regulation, USPAP, and guidelines issued by government agencies, government-sponsored enterprises, and lenders, or else face civil penalties, criminal penalties, or loss of license.

Appraisal 80

Appraisal Legal Government Valuation 80

Realvals

JUNE 18, 2023

The LTV is a percentage that represents the amount of money to lend compared to the value of the home. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. This independent valuation helps divide assets and avoid disputes in the divorce proceedings.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Housing Wire

DECEMBER 20, 2021

A $250 monthly child tax credit from the federal government for each child also helps the household. Wilen’s case illustrates how some Americans have a lot to lose if policies designed to help mortgage borrowers don’t break right. . “I’m trying to make an extra anywhere.” But will end in December.

Mortgage 319

Mortgage Government Contracts Insurance 319

Housing Wire

MARCH 15, 2022

Michael Bright, CEO of the Structured Finance Association , who served previously as the chief operating officer of the government-sponsored enterprise Ginnie Mae , said the U.S. There could be allegations of predatory lending, for example. “. I must thus let the CFPB’s case proceed.”.

Legal 366

Legal Law Investors Finance 366

Appraisal Today

SEPTEMBER 15, 2023

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. 2023) Updated August 2, 2023 Excerpts: Fannie Mae and Freddie Mac (government sponsored enterprises or GSEs) published their Appraiser Independence Requirements in October 2010. The volumetry is always in continuous movement.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Appraisal Today

FEBRUARY 9, 2024

His law practice is dedicated to valuation issues. The government and those that write the rules have made it illegal (a punishable violation) to refuse an appraisal assignment in an area which consists primarily of non-whites. Back in the day, this protected the lender from lending more than the home/property is worth.

Appraisal 80

Appraisal Contracts Insurance Construction 80

Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. In previous downturns, such as during the 2008 recession, there were many foreclosures due to bad lending.

Appraisal 69

Appraisal Inspection Modernization Business 69

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. You may need a commercial valuation for many reasons.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

NOVEMBER 10, 2023

The glass-fronted abode has an innovative design that reflects the trees and nature around it. “A This one was designed by the late world-renowned architect James Lambeth, who in Arkansas is a big deal.” To read more, click here My comment: The valuation/appraisal part of the article is near the end.

Appraisal 63

Appraisal Contracts Design Mortgage 63

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. She designed more than 700 buildings in California during a long and prolific career. No effect on value. I was surprised.

Appraisal 80

Appraisal Contracts Training Architecture 80

Appraisal Today

MAY 10, 2024

This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.” In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending. Was it the borrower?

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Appraisal Today

AUGUST 25, 2023

I have seen this type information before, but mostly from contacting companies, recruiters or government databases. It’s designed to mimic a tree growing with the branches and the roots down on the bottom, with the branches reaching up,” Steeves-Haith explains. Never be dependent on the ups and downs of lending again!

Appraisal 76

Appraisal Real Estate Agent Agents Real Estate 76

McKissock

FEBRUARY 25, 2022

.” “I try to analyze the property not only as an appraiser, but from the perspective of the owner/buyer and the lender/investor, giving me a broader perspective and hopefully resulting in a more credible valuation…The valuation process isn’t perfect, but it’s the best we have. Professional experience.

Real Estate 78

Real Estate Appraisal Easement Inspection 78

Appraisal Today

FEBRUARY 2, 2024

acre lot Designed by Robert Swatt of Swatt Miers Architects, a San Francisco-area firm that has won scores of design awards, the site-specific cantilevered house “is in a league of its own,” Newton Cane said. Impact on Appraising As I explained, the lending system has issues with properties capable of being used for five or more units.

Appraisal 66

Appraisal Contracts Training Real Estate 66

Appraisal Today

FEBRUARY 23, 2024

Finally, we have an inside look (and some hard numbers) at how Fannie’s complaint process works and how many complaints these Government Sponsored Enterprises (GSEs) are actually filing against appraisers. Take Note of GSE Requirements To read more, Click Here My comment: If you do residential lending appraisals, read this article!

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Clear Capital

NOVEMBER 30, 2021

billion in November, which is half of the valuation, of course of Smart Rent, which we’re just talking about. They are a digital lending platform. And yes, startups are not really well built to solve affordable housing problems, which is basically what governments and NGOs can do. Yeah, they just sold for $1.2

Landlords 69

Landlords Real Estate Tenants Investing 69