Housing Wire
DECEMBER 11, 2020
The flexibilities surrounding verbal verification of employment and appraisals were originally set to expire on Dec. 31, 2021. “We 31, 2021 from Dec. And in a separate letter , Fannie Mae made the same announcement for flexibilities surrounding appraisals. 31, 2020,” Fannie Mae said in a letter to lenders.
Housing Wire
MARCH 31, 2021
In March 2020, the CFPB announced it would no longer require certain lenders to report quarterly information under HMDA, however, now the agency is instructing all financial institutions to do so beginning with their 2021 first-quarter data due by May 31. How servicers can stay ahead of Biden’s potential regulatory changes.
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Housing Wire
APRIL 24, 2023
In March 2021, Connolly, a history professor at Johns Hopkins University who is an expert on redlining and the legacy of housing discrimination , and Mott, were approved for a refinancing with loanDepot at a rate of 2.25% and were told their home was likely worth more than $550,000.
Housing Wire
AUGUST 3, 2022
In 2018, Class Valuation, then Class Appraisal, acquired reverse-mortgage focused AMC Landmark Network. In 2021, operating as Class Valuation, the company acquired Pendo Management , and in February, it added Metro-West. The following year, it acquired AMC Janus Valuation & Compliance.
Housing Wire
AUGUST 2, 2022
The move to accept alternative appraisals is the cabinet-level agency’s latest response to high demand for appraisals. In rural areas, longer travel times between appraisals, coupled with exacting requirements of the VA process, deter available VA-certified appraisers.
Housing Wire
FEBRUARY 8, 2022
There were risks, FHFA wrote, because a ”uniform regulatory framework does not exist at both the state and federal levels that holds non-appraisers accountable for their work on appraisals.” A recent federally commissioned report further detailed the appraisal industry’s dysfunctional regulatory regime.
McKissock
APRIL 20, 2021
But with a majority of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. Here are ten tips designed to help you improve your appraiser score, get more assignments close to home, and earn more money working with AMCs.
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