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HECM study examines borrower trends over two decades

Housing Wire

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. The study, released late last year, examined three core elements of HECM program effectiveness between 2000 and 2020.

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Working with buyers in the nation’s hottest housing market

Housing Wire

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. I haven’t seen anything like this here, and I’ve been doing this since 2000,” Richardson said.

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Appraiser Liability Risks

Appraisal Today

He designed the estate, completed in 2000, from the ground up. The proposed rule supports our work as a member of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) to promote accurate appraisals, rather than ones computed by models where bias is baked into the equation.