Appraisal Buzz

JUNE 14, 2021

This rush to return to the status quo has created buzz in the appraisal industry—a wish that Fannie and Freddie were talking to appraisers about how to make the appraisal process more efficient and accurate. It’s time to make the appraisal process more efficient by solving these problems. housing markets.

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Housing Wire

SEPTEMBER 16, 2022

House of Representatives this week passed a bill that streamlines the appraisal process for U.S. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving appraisals altogether. “The

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Housing Wire

JANUARY 19, 2022

Desktop appraisals — which rely on property tax records and past sales, without a physical inspection — were one among a series of flexibilities the FHFA introduced in March 2020 to keep the housing market humming despite social distancing measures and lockdowns.

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Housing Wire

OCTOBER 29, 2021

Getting regulators’ blessing would mean access to the firehose of government sponsored enterprise-backed loans for firms that hawk automated valuations. Covid-19 gave alternative appraisal processes a foot in the door.

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Appraiserblogs

MARCH 7, 2024

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market.

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McKissock

DECEMBER 10, 2021

As the end of the year approaches, housing market predictions for 2022 abound. Fortune reviews various 2022 housing forecasts, focusing specifically on home price growth. Redfin predicts a more balanced residential market in 2022. Predictions for the top housing markets of 2022 may surprise you.

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McKissock

MARCH 3, 2023

Fannie Mae updates its Selling Guide to include more options for property valuations. Early signs of a housing market rebound are halted by rising interest rates. A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity.

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Clear Capital

MAY 4, 2021

Watch our panel session from IMN Jumbo Mortgage Loan Virtual Symposium to hear the panelists discuss housing market trends, changes in the appraisal process, forecasting home prices, and how housing migration is affecting the jumbo market.

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McKissock

MARCH 3, 2023

Fannie Mae updates its Selling Guide to include more options for property valuations. Early signs of a housing market rebound are halted by rising interest rates. A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity.

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McKissock

MARCH 3, 2023

Fannie Mae updates its Selling Guide to include more options for property valuations. Early signs of a housing market rebound are halted by rising interest rates. A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity.

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Housing Wire

MAY 23, 2022

A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together.

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Housing Wire

MAY 25, 2021

Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage. A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry.

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Appraisal Buzz

DECEMBER 27, 2021

The housing market was hotter than ever last year, with pandemic-driven demand boosting home sales to their highest level in 14 years. There’s too little supply and too high a demand, a predicament that’s disrupted the housing and appraisal industries. Total year-end sales volume ended at 5.64 Therein lies the problem.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Using its automated valuation models “leads to relatively lower racial gaps,” Freddie Mac said.

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Appraisal Buzz

SEPTEMBER 29, 2021

Today we have Reiner Lux, General Manager of HypZert GmbH and Mattias Fischer, Manager of Valuation for VDP, with Joan Trice, Founder of Allterra Group, LLC. What exactly are appraisers seeing in the current market? How does the appraisal process differ compared to Germany?

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Appraisal Buzz

AUGUST 18, 2021

We’ll be getting the inside scoop while Joan and Chris discuss how we can streamline the appraisal process like they do in other countries. What exactly are appraisers seeing in the current market? How does the appraisal process differ compared to Australia?

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Housing Wire

MAY 2, 2022

It is an alternative appraisal method that is essentially a compromise between an automated valuation model (AVM), entirely done by software, and a traditional appraisal. But not everyone was happy with the news that desktop appraisals would now be a permanent option, and some appraisers have been hesitant to get onboard.

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Housing Wire

JUNE 30, 2021

PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Appraisal shortage.

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Housing Wire

OCTOBER 26, 2020

Working with some of the nation’s largest banks and mortgage servicers, offering asset management, property disposition, title, close, valuation, and field services through an integrated, technology-driven platform. As low mortgage rates continue to fuel the housing market, lenders are reporting record-breaking purchase and refinance volumes.

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Housing Wire

JUNE 11, 2021

An appraisal is a valuation of a property by a third party. The buyer typically covers the cost of the appraisal. Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. If it’s denied, buyers can also choose to walk away from the deal.

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Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic.

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Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Really, appraisers have always thought this way. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

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Housing Wire

DECEMBER 29, 2022

In this series of interviews, we focus on the people who are shaping the state of housing at the top — the policy and regulation experts. The FHFA and the GSEs are essential to painting the picture of today’s housing market and industry trends.

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Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. You would be amazed at how little many know about the appraisal process.

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Housing Wire

APRIL 6, 2021

One California-based real estate agent who originates her own loans told HousingWire that she believes appraisers are being far too conservative in this high-octane market, and are also using bad comps. She recently had a deal fall apart due to appraisal. How hybrid title and valuations help increase lending efficiency.

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Housing Wire

NOVEMBER 8, 2021

At the end of the day, Pascoe says the process is not all that different than purchasing a home with a conventional mortgage. Even under “normal” market conditions, VA buyers struggle to successfully purchase a home using their benefit.

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Housing Wire

OCTOBER 5, 2022

housing market has faced periods of high interest rates, home price appreciation and lack of inventory before. But these forces all happening at once makes the current landscape especially volatile and challenging, according to Sandra Thompson, the Director of the Federal Housing Finance Agency. “If Appraisal bias.

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Clear Capital

MARCH 2, 2023

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management Reno, Nev. Our goal is to provide customers with a complete understanding of every U.S.

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Genworth MI Blog

AUGUST 31, 2022

The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer.

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D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Valuation for insurance claims.

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AmeriMac

SEPTEMBER 15, 2023

The appraisal process is an essential part of real estate transactions. The appraisal value can make or break the deal, whether buying or selling a property. But what happens when the appraised value comes in lower than expected? This is where rebuttal appraisal comes in.

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D Fritz Appraisals

MARCH 16, 2022

A homeowner might do this because the housing market is struggling, and they’re concerned their home’s value has dropped. CAPM is a more comprehensive valuation model. For more in-depth details about the appraisal process, feel free to contact us with any questions you may have. . Fritz Appraisals Inc.,

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McKissock

DECEMBER 28, 2021

The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards. Desktop appraisals, with information provided by third-party hirelings, may increase. Housing market trends for 2022. Related reading: Check out our roundup of Housing Market Predictions for 2022.

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Realtor

DECEMBER 15, 2016

If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. What appraisers do. Appraisers aren’t perfect,” says Parsons. But never fear.

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Realtor

DECEMBER 15, 2016

If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. What appraisers do. Appraisers aren’t perfect,” says Parsons. But never fear.

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Clear Capital

OCTOBER 27, 2021

The rise of AMCs, Appraiser Independence Requirements, and regulated appraisal fees have had a profound impact on the way lenders order and manage valuations. When we started, leaders in the valuation space were proud of how many fax machines they could procure to deliver BPOs. housing market.

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Padove Appraisal Service

JANUARY 11, 2019

The mortgage industry has repeatedly attempted to eliminate the requirement for a home appraisal in the lending process. Most attempts to remove the appraisal requirement have included use of an automated valuation model (AVM). They can’t replicate the knowledge and market insight of a home appraiser.

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