Appraisal Finance Lending Mortgage Appraisal 
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, 2020, however Fannie Mae is now pushing that back to at least Jan.
Housing Wire
MAY 24, 2022
A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. One mid-sized lender echoed the opinion of others that appraisals still take too long.
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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.
Annarbor Appraisal
SEPTEMBER 6, 2020
Challenging the results of the appraisal for mortgage financing. Even though the consumer may pay for the appraisal, they are no more the client than is the credit reporting agency or title company hired directly by the lender. Another possible reason for an ROV would be incorrect information in the appraisal report.
Birmingham Appraisal
JUNE 7, 2023
Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Appraisers also offer valuable support to accountants by providing crucial insights and data for various financial purposes.
Housing Wire
NOVEMBER 8, 2021
There remains a belief among listing agents and their clients that the VA appraisal and closing process will be a hassle. A lot of the misconceptions about working with VA loans center on the VA appraisal process – which differs from conventional mortgage appraisals – as well as the time it will take for a transaction to close.
Housing Wire
MARCH 31, 2021
The above agencies also signed a statement outlining flexibilities on industry appraisal standards and then addressed appraisal regulations for Fannie and Freddie a week later. The CFPB said it will also be removing its signature from this letter. How this will affect the reporting of delinquent loans, is yet to be delineated.
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