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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. A trained and vetted third party can perform the data collection.

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Why Manufactured Housing Deserves a Fresh Look

Genworth MI Blog

In fact, some of the modern manufactured homes are constructed with a level of quality, features, and amenities that exceed those found in many new site-built homes. The 2017 Manufactured Housing Facts report by the Manufactured Housing Institute indicates that 9% of new U.S. housing units in 2017 were manufactured homes.

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Why Manufactured Housing Deserves a Fresh Look

Genworth MI Blog

In fact, some of the modern manufactured homes are constructed with a level of quality, features, and amenities that exceed those found in many new site-built homes. The 2017 Manufactured Housing Facts report by the Manufactured Housing Institute indicates that 9% of new U.S. housing units in 2017 were manufactured homes.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In these scenarios, no inspection or appraisal of any kind is performed on the property. Poor data visibility.

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How to take advantage of Freddie Mac’s ACE+ PDR

Clear Capital

This inspection-based appraisal waiver program allows lenders to originate certain Freddie Mac-eligible cash-out and rate and term refinance mortgage loans without an appraisal. The PDR is collected at the property by trained data collectors who may be non-appraisers, appraisers, or appraiser trainees. ACE+ PDR saves lenders time.

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What level appraiser are you?

Appraisal Today

Depending on how you were trained, at the beginner level you typically view appraisals as forms — forms with checkboxes to be checked or left blank. It’s quite amazing how the midcentury modern style has endured, persisted, and reemerged. Level 1 – Beginner This is where we all start. There is no shame in this level.

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ClearCast Podcast E19 — Ribbon Co-Founder & CEO Shaival Shah

Clear Capital

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. The home inspection took longer.

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