Remove 2020 Remove Development Remove Lending Remove Real Property
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WFG reduces time and cost in real estate transactions

Housing Wire

By focusing on its clients and their processes, WFG helps compress the time required to close a loan and/or transfer real property ownership. WFG develops solutions in direct response to industry concerns solicited through regular engagement with its Executive Roundtable (ERT) of C-suite lending executives. properties.

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Revisiting Advisory Opinion 16

DataMaster

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. This increased public attention culminated in 2020-2021. This story ties into the events of 2020 and 2021 with the accusations of bias in the appraisal industry. Advisory Opinion 16.

Appraisal 141
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Revisiting Advisory Opinion 16

DataMaster

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. This increased public attention culminated in 2020-2021. This story ties into the events of 2020 and 2021 with the accusations of bias in the appraisal industry.

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Revisiting Advisory Opinion 16

DataMaster

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. This increased public attention culminated in 2020-2021. This story ties into the events of 2020 and 2021 with the accusations of bias in the appraisal industry. Advisory Opinion 16.

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FHFA unveils GSE duty to serve plans

Housing Wire

Although the lesser of the two government-sponsored enterprises by size, Freddie Mac was alone in committing to purchasing manufactured homes not titled as real property, or chattel loans, a key item affordable housing advocates had sought. Freddie Mac also recently preempted its larger counterpart on targeted lending programs.

Finance 378
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ANSI Square Footage Standards: What Agents and Appraisers Should Know

Empire Appraisal Group

Other government lending institutions (Freddie Mac, FHA, VA, and Rural Housing) indicate that they’ll accept the ANSI standard, but it’s unclear if they’ll accept Fannie Mae’s protocol when there are portions of the property that are used as living space but aren’t classified as living space under ANSI.

Agents 78
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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

Unfortunately, because many appraisals were rarely rejected or required corrections, appraisers developed the false notion that poorly crafted appraisals were okay to turn in. FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. What’s happening now.