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Supreme Court orders review of recession-era class action against Rocket

Housing Wire

million stemming from allegedly tainted appraisals for 2,769 mortgage loans Quicken Loans originated from 2004 to 2009. The facts of this case are clear, and demonstrate that our practices were compliant and that the refinance loans we provided benefited our West Virginia clients,” a Rocket spokesperson said.

Appraisal 409
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Fannie and Freddie Release New Hybrid and Desktop Forms for Testing

McKissock

These two terms are often used interchangeably by appraisers and clients, but under the GSEs’ new definitions, they are different types of assignments. The GSEs caution appraisers to communicate with their clients to ensure they are using the correct form for the assignment.

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Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

This is especially true because as an appraiser you are pulled in many different directions at once, you’re busy, and sometimes you get clients who don’t want to pay you a lot of money. Such an attitude is a recipe for disaster because, in many cases, complaints are filed years after the appraisal is completed and transmitted to the client.

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Lamacchia Realty Announces Top Producing REALTORS® for March 2022

Lamacchia Realty

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

Acres, Built in 2004 Cape Cod style, it is not. With non-lender appraisals you choose your clients, turn times, fees, scope of work, words you use, etc. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.13 bath, 5,258 sq.ft. Manchester-By-The-Sea.

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Appraisers and Property Data Collectors

Appraisal Today

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. My wife asked me why I did this?

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8 Signs of a Possible Real Estate Bubble or Burst

McKissock

Clients continue to require more market analysis be included in appraisals. Buyers, many out-of-state, were purchasing homes with cash but were not living in them, which increased values from 2004 to 2006 because of competition, but it also indicated that a possible real estate bubble was in the very foreseeable future.