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AQB adopts new edition of Real Property Appraiser Qualification Criteria

Valuation Review

On June 22, the Appraiser Qualifications Board voted to adopt the Second Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria. The new edition will become effective on Jan.

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How analysts see 2024 shaping up for mortgage lenders

Housing Wire

It might really be 2026,” George said. ” Regarding these negative impacts, analysts at Fitch said in a report issued in late November that rate declines expected by the end of 2024 could pressure MSR valuations, which could drive modest increases in leverage, especially if earnings from originations remain weak.

Mortgage 496
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What lies ahead

Housing Wire

Although certain markets are grappling with oversaturation, projections indicate robust growth , with a predicted valuation of $8,907.1 million by 2026. By 2015, the market had burgeoned to a staggering $85 billion, surpassing the combined room count of the four largest hotel chains globally.

Investors 364
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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. The transformation is required at the end of 2026 with testing beginning late 2025. He has been around for a long time.

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Accepting Gift Money to Purchase a Home – What Buyers Need to Know

Will Springer Realtor

At a time of high inflation, fluctuating mortgage interest rates and climbing home valuations, buyers would be wise to seek help from all corners to get on the property ladder or climb a rung. million, a figure that is expected to fall to $6M in 2026.).

Buyers 36
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HUD outlines reverse mortgage wish list in budget proposal

Housing Wire

million to fund a training grant that would, in part, “enable specialized training that will prepare counselors to support expanded HECM counseling and to better understand property valuation bias so that they can effectively counsel clients on this topic,” according to congressional justifications for the budget. HUD is requesting $2.5

Mortgage 336
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2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter. Appraisers must tread carefully when utilizing 2023 comparable sale data in valuation modeling and consider localized market trends.