Housing Wire
FEBRUARY 12, 2024
The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report from Maxwell. If home prices and lending costs moderate in 2024, significant demand could flow into the market.
Riverfront Appraisals
APRIL 30, 2021
So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. The post The Loan Officer’s Guide to Appraisals Part 5: What is bracketing and why do we do it? So if this is […]. appeared first on Riverfront Appraisals.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Riverfront Appraisals
JULY 1, 2021
So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals. For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. And, you’ll definitely […].
Riverfront Appraisals
JUNE 13, 2021
So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […]. This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. We’re halfway there! appeared first on Riverfront Appraisals.
Housing Wire
JUNE 15, 2022
The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, created in direct response to the financial crisis, requires lenders to check a buyer’s ability to repay (ATR), which protects them from predatory lending practices. Not a one-size fits all”. For the next six months, we expect ARMs to have some popularity,” said Johnson.
Birmingham Appraisal
FEBRUARY 20, 2024
The lender then obtains an appraisal to make sure that the property they are lending on, which is the collateral for the loan, is worth what they are paying for it. Agents and appraisers should be choosing comparables based on the physical attributes of the property and bracketing different features of the property when possible.
Portland Appraisal Blog
AUGUST 8, 2020
The appraisal report is not for lending: The overwhelming majority of appraisal reports are written for a lending institution due to a sale or refinance—certainly over 90% and most likely approaching 99.9%. Sometimes the report is not for lending and the effective date of value is not contemporary but is a point in the past.
Expert insights. Personalized for you.
462 
Let's personalize your content