Remove Business Remove Lending Remove Modernization Remove Valuation
article thumbnail

Fannie Mae approves six vendors for controversial new valuation initiative

Housing Wire

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Because if the Fannie Mae trend continues, you won’t have any of that business in the future anyway.”

Valuation 384
article thumbnail

Nationwide Appraisal Network’s valuation solutions allow lenders to select appraisers based on performance

Housing Wire

Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states. NAN’s valuation solutions give lenders the chance to evaluate, select and manage appraisers based on their quality and performance.

Valuation 197
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are these factors creating chaos in your mortgage lending ops?

Housing Wire

Add to those challenges increased competition in a rising interest rate environment that is choking off refinance business, driving overall mortgage volume down significantly. The post Are these factors creating chaos in your mortgage lending ops? To contact the author of this story: Shamit Vohra at at Shamit.vohra@visionet.com.

Lending 307
article thumbnail

Introducing the 2023 Women of Influence!

Housing Wire

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

article thumbnail

From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. We produce appraisal “reports” not appraisal “forms.” Most appraisers have diversity in their business channels. The abbreviations we use in our forms are in fact, data points for the GSEs.

Appraisal 397
article thumbnail

The appraiser can’t be replaced by technology – Here’s why

Housing Wire

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. These entities make many other comments about technology, workforce options, modernization and the need for change.

article thumbnail

Appraisers: Pay Attention to Policy

Appraisal Buzz

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. It may benefit you and your business to stay updated on policy as it relates to the appraisal profession. Who even knew about desktop valuations or evaluations?

Appraisal 435