Housing Wire
DECEMBER 11, 2020
Mortgage giant Fannie Mae extended its relaxed lending and appraisal standards put in place due to COVID-19 into the new year. The flexibilities surrounding verbal verification of employment and appraisals were originally set to expire on Dec. 31, 2021. “We 31, 2021 from Dec. 31, 2021 from Dec.
Housing Wire
JANUARY 14, 2021
The Federal Housing Finance Agency (FHFA) announced on Thursday it has extended relaxed lending and appraisal standards put in place due to COVID-19 another month for both Fannie Mae and Freddie Mac. The flexibilities surrounding alternative verifications of employment and appraisals were originally set to expire on Jan.
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Housing Wire
MARCH 11, 2021
The Federal Housing Finance Agency (FHFA) announced on Thursday that it has again extended relaxed lending and appraisal standards for both Fannie Mae and Freddie Mac. The COVID-19-related flexibilities surrounding alternative verifications of employment and appraisals were originally set to expire on March 31, 2021.
Appraisal Buzz
SEPTEMBER 20, 2021
As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. Realtors and Property Appraisers? The post Recap: Valuation Expo 2021 appeared first on Appraisal Buzz. So what’s the consensus, you ask? Buyers and sellers?
Housing Wire
APRIL 6, 2023
“This is an opportunity to expand our understanding of the issues facing today’s appraisal industry and to get a clearer picture of how current practices and the appraisal regulatory system impact lending in this country.” I think not many people understand how this byzantine system works,” Chopra said.
Housing Wire
APRIL 21, 2021
Temporary flexibilities related to employment verification, condominium project reviews, and expanded power of attorney are being allowed to expire as scheduled on April 30, 2021, the FHFA said. The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021.
Housing Wire
JUNE 4, 2021
In 2021 alone, 1,440 Austin homes have sold for between $100,000 and $299,999 above asking price, and 72 have already sold for $300,000 or more above asking price, per a recent study from Redfin. In 2020 and 2021, it became especially popular for remote tech industry workers looking to move from the Bay Area and Silicon Valley, in California.
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