2015 Contracts Lending Valuation 
Appraisal Buzz
OCTOBER 4, 2021
Freddie Mac (OTCQB: FMCC) today released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households, resulting in an appraisal gap. MCLEAN, Va. for those in White tracts, leading to a gap of 5.2%.
Appraisal Buzz
JUNE 7, 2021
Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Can’t make the time? Register to receive the full recording in your inbox as soon as it’s over!
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Simonson Real Estate
JULY 10, 2020
The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Source: The Dictionary of Real Estate Appraisal, Sixth Edition, Appraisal Institute, Chicago, Illinois, 2015).
Simonson Real Estate
DECEMBER 6, 2022
Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time. Prospective Values.
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?
Appraisal Today
FEBRUARY 9, 2024
Bradley, SRA, CDEI In September of 2015, FHA revised Handbook 4000.1 His law practice is dedicated to valuation issues. Back in the day, this protected the lender from lending more than the home/property is worth. MORTGAGE LENDING IS VERY, VERY CYCLICAL. How does the FHA define appliances? By Daniel A. percent from 13.3
Housing Wire
DECEMBER 20, 2021
In 2015, the family paid $250,000 for a 2,900-square-foot house in Ormond Beach, Florida. According to the Federal Housing Administration, their share of lending to Black borrowers is around 17%, compared to 6% for the rest of the mortgage market. But will end in December. Wilen, for example, has an outstanding balance as of Sept.
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