Housing Wire
DECEMBER 28, 2020
The Federal Housing Finance Agency (FHFA) announced Monday it is requesting input on the appraisal policies, practices and processes of Fannie Mae and Freddie Mac, especially as it relates to the GSEs’ appraisal modernization efforts. The Request for Input (RFI) – open to comment until Feb.
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
SEPTEMBER 17, 2022
Then, in September of 2021 , leaders at the FHA said lenders would have to make the switch to FHA Catalyst by March 14, 2022. It would also permit lenders to electronically submit, track and manage single-family property appraisals. But in February, the agency pushed back the mandatory date to March 14, 2023.
Housing Wire
NOVEMBER 17, 2022
The residential appraisal space has been rocked by increased federal scrutiny over the past two years, with several agencies studying whether appraisers let racial bias change their valuations. In late October, the Federal Housing Finance Agency released 47 million appraisal reports to the public for the first time. as Hispanic.
Appraisal Buzz
JUNE 20, 2022
Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.
Housing Wire
MARCH 13, 2023
The Justice Department is working to ensure an open and fair housing market by taking on appraisal bias, modern-day redlining, discriminatory loan pricing practices, and other forms of discrimination that may rear their ugly head at any stage of the home-buying process.”
Housing Wire
FEBRUARY 7, 2022
As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. Four in five FHA purchase mortgages went to first-time homebuyers in 2021.
Expert insights. Personalized for you.
450 
Let's personalize your content