Housing Wire
AUGUST 31, 2023
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. The original appraisal waiver solutions were launched in August 2017.
Miller Samuel
APRIL 27, 2019
Senate Bill S9080 was introduced two years ago during the 2017-2018 legislative session, signed into law on December 27, 2018 and became effective today. Even worse, they stole the economic livelihood of the actual market valuation experts and replaced them with form-fillers. inferring this law was flimsy and easily overturnable.
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Housing Wire
MAY 25, 2021
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 the traditional appraisal model, we ask appraisers to perform every single component of the valuation process. Delegating onsite data collection.
Housing Wire
JUNE 28, 2021
But they did not become key players in the home valuation industry until the recent housing bubble.”. The outcome was a settlement, the Home Valuation Code of Conduct, or, as appraisers swiftly dubbed it, havoc. That’s at least what the AMC trade group, the Real Estate Valuation Advocacy Association , contends.
Clear Capital
OCTOBER 27, 2022
Read on to discover where Freddie Mac’s ACE+ PDR fits into appraisal modernization, why it’s important to our industry, and how lenders can take advantage of this new solution. This solution increases underwriting efficiency and reduces the time to closing with shorter valuation times. What is ACE+ PDR? How does ACE+ PDR work?
Appraisal Today
OCTOBER 13, 2023
To read more, click here My comments : Location within a school district can be an important valuation factor. It’s quite amazing how the midcentury modern style has endured, persisted, and reemerged. I have paper maps and information on all my local districts, but this map is easier to use.It was accurate in my small city.
Clear Capital
SEPTEMBER 29, 2021
Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. Kenon Chen.
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