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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

To read more plus get links to FHA/GSE documents, Click Here My comments: If you do GSE or FHA appraisals, read this post, plus the links to the documents. Now there is, per the attached PDF HUD/FHA mortgage letter. The mortgage loan officer handling the loan? See the last article in this list for more info on Tidewater.

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The End of Lender Appraisals?

Appraisal Today

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting. since October 2021.

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USPAP Myths for Appraisers

Appraisal Today

2024 USPAP For Appraisers Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more, Click Here To see 31 photos in the listing, Click Here = Top Ten Reasons Why It Is Great to be an Appraiser 10. Excerpts: 4 Bedrooms, 4.5

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Appraisals – Check the Water Source!

Appraisal Today

Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!! It looks like the change is starting because of increasing mortgage interest rates. I have included some of the articles below.

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Unacceptable Appraisal Practices from Freddie Mac

Appraisal Today

Use of unsupported or subjective terms to assess or rate, such as, but not limited to, “high,” “low,” “good,” “bad,” “fair,” “poor,” “strong,” “weak,” “rapid,” “slow,” “fast” or “average” without providing a foundation for analysis and contextual information. To read more, click here. To read more click here .