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CRN – Gross Living Area Measuring Standards Announcement

Appraisal Buzz

Joan Trice, Founder and President of the CRN states, “gross living area (GLA) is one of the most important inputs in a valuation report. As the appraisal process is undergoing major shifts towards modernization and new levels of automation, this void was ripe for a solution. The adoption of ANSI is a critical step in that direction”.

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. The housing market is cooling-off.

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Originators gear up for the purchase market

Housing Wire

Lenders will have to “manage expenses and improve customer service in a purchase market,” Tom Wind, executive vice president of consumer lending with U.S. The second-lowest LO turnover rate was in 2003, at 31%. rms can’t dodge fair lending laws and anti-discrimination laws under the guise of their secret algorithm.” “I

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