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Mortgage delinquency rate reaches lowest level since 2019 Q4

Housing Wire

The cost of a home mortgage may be going up , but perhaps some good news: Fewer people who already own a home are missing payments. Mortgage delinquency rates dropped for the seventh straight quarter, hitting the lowest level since the fourth quarter of 2019, according to the Mortgage Bankers Association.

Mortgage 370
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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

New FHA ROV Policy By Dave Towne, May 3, 2024 Excerpts: Up until recently, there has never been a standardized policy for mortgage loan related Reconsideration of Value (ROV) requests after an appraisal has been submitted. Now there is, per the attached PDF HUD/FHA mortgage letter. The mortgage loan officer handling the loan?

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Appraiser Professional Goals

Appraisal Today

1-6-23 NEWSLETTER. Other (6%). I have recently been writing about many of these topics since the market changed. Now is the time to learn all the features in your MLS and forms software, upgrade your skills by taking seminars and classes, and more. Appraisers Share Their Top Professional Goals for 2023.