Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry. Valuation Equity.

Valuation 69

Valuation Technology Lending Real Estate 69

Appraisal Today

JANUARY 5, 2024

I suppose it is because most appraisals are done (now) for residential lending purposes. Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.26

Appraisal 75

Appraisal Contracts Legal Business 75

Housing Wire

DECEMBER 20, 2021

Wilen’s case illustrates how some Americans have a lot to lose if policies designed to help mortgage borrowers don’t break right. Also, the DEO said it is implementing 20 projects to modernize its systems, and 97% of all eligible benefits requested before Oct.15 He is afraid of losing his home.

Mortgage 325

Mortgage Government Contracts Insurance 325

Appraisal Today

NOVEMBER 17, 2023

Myth #2: Data collectors are going to replace appraisers There’s a lot of buzz right now about PDC possibly replacing traditional property appraisal, but the intent of this service is to fill a gap in the lending process. The unique design of the house is its most impressive feature,” says listing agent Emma Morris, of Red Oak Realty.

Appraisal 70

Appraisal Modernization Training Business 70

Housing Wire

JUNE 28, 2021

He started contracting with home mortgage lenders to appraise the value of the property tied to a loan. “It A variation of the conduct code was inserted into the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, and the modern AMC was off and running. But he repeatedly surfaces as the designated mouthpiece for AMCs.

Appraisal 401

Appraisal Valuation Business Contracts 401

Appraisal Today

FEBRUARY 16, 2024

She designed more than 700 buildings in California during a long and prolific career. I appraised many of them, but never noticed any effect, plus or minus, for historic designation. Never use a lending form (such as a 1004) for estate work. My comments: MORTGAGE LENDING IS VERY SLOW NOW. No effect on value.

Appraisal 80

Appraisal Contracts Training Architecture 80

Appraisal Today

NOVEMBER 10, 2023

The glass-fronted abode has an innovative design that reflects the trees and nature around it. “A This one was designed by the late world-renowned architect James Lambeth, who in Arkansas is a big deal.” “This one was designed by the late world-renowned architect James Lambeth, who in Arkansas is a big deal.” percent from 7.86

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Appraisal Contracts Design Mortgage 63

Appraisal Today

FEBRUARY 9, 2024

The government and those that write the rules also state the purpose of an appraisal is to determine the value of the home/property in its market setting, so an underwriter can make a lending decision. Back in the day, this protected the lender from lending more than the home/property is worth. MORTGAGE LENDING IS VERY, VERY CYCLICAL.

Appraisal 80

Appraisal Contracts Insurance Construction 80

Appraisal Today

JULY 28, 2023

bath 4,000sqft 0.35acre lot, Pending sale This futuristic home is new construction that took years to design and build made of steel frame construction cantilevering in what seems to be thin air. The centerpoint of the home’s attraction is the over- the- top contemporary design unlike anything seen in the region. percent from 6.89

Appraisal 80

Appraisal Contracts Mortgage Clients 80

Appraisal Today

MAY 27, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. The market changing again with increasing interest rates, in the inevitable ups and downs of mortgage lending. Mortgage lending from the 1870s to today.

Construction 52

Construction Appraisal Modernization Contracts 52

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = Built in 2014, the six-bedroom estate was designed to resemble an English manor. and Conditionality.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Some appraisers feel that lenders should not provide them with the purchase and sale contract.

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

AUGUST 5, 2022

Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. Excerpt from emailed notice: “Valuation Modernization: New perspectives on collateral underwriting” is a must-see for underwriters and appraisal reviewers. The average contract interest rate for 5/1 ARMs decreased to 4.55

Appraisal 59

Appraisal Valuation Contracts Modernization 59

Appraisal Today

FEBRUARY 23, 2024

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. Take Note of GSE Requirements To read more, Click Here My comment: If you do residential lending appraisals, read this article! But the waterfront building’s more-recent design is rooted in a nautical past.

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Will Springer Realtor

MAY 9, 2022

>> Insights from 12,000 consumers and over 300 architectural designers show that 51% of residents will work from home in 2022, up from 33% before the pandemic. That was within the 28% ceiling considered affordable by common lending standards. the highest percentage since Q3 of 2008. MAY HOUSING UPDATE. It’s a 5-bedroom, 7.75-bath

Architecture 36

Architecture Design Buyers Construction 36

Appraisal Today

JULY 29, 2022

Excerpts: Built in 1959 and designed by Tollyn Twitchell for Ralph Twitchell Architects, the 3,419-square-foot, ranch-style home is listed for $3 million. It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. This is actually about fewer buyers getting into contract.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

SEPTEMBER 17, 2022

Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. 2,500 sq.ft.,

Appraisal 52

Appraisal Construction Contracts Insurance 52

Appraisal Today

FEBRUARY 24, 2023

The real estate appraisers of old used to network more, market their services, and sell themselves more than today’s modern appraiser,” remarks Mark Skapinetz, an independent real estate appraiser in Georgia who operates a 100 percent non-lender appraisal firm. AMCs had taken over the mortgage-lending work. Budget cuts. Retraction.

Appraisal 52

Appraisal Architecture Valuation Business 52

Will Springer Realtor

FEBRUARY 8, 2023

Facebook (Meta) is evolving its office arrangements, leaving space in Seattle and Bellevue and contemplating additional contraction while opening a new lab (Frank Gehry-designed Building X) in Redmond later this year. Home designers have been listening too. Bedroom-sized home offices are no longer the norm in modern floor plans.

Retail 36

Retail Design Development Landlords 36

Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. In this category, you find the properties that represent the whimsical side of the design and prove there is no idea too out there when it comes to constructing a building. What’s happening now. percent from 7.14

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 5.61 percent from 5.80

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. ” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon.

Sellers 69

Sellers Agents Real Estate Buyers 69

Will Springer Realtor

JULY 13, 2023

Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%). Another sale followed 11 days later and six others are under contract preparing to close. List: $6.895M ($1556/sq.

Construction 36

Construction Supply Chain Real Estate Development 36

Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. Design hints of the past blend seamlessly with custom contemporary interiors to bring forward a home well worth living in. higher compared with last year. bath , 7490 sq.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

SEPTEMBER 8, 2021

The rare drop-off came as a decrease in refinance activity canceled out a rise in home-purchase and home-equity lending. >> A Bankrate.com survey found that only 19% of homeowners who had mortgages before the pandemic have refinanced, despite interest rates plunging. Every room is perfectly designed. increase from July but down 8.9%

Construction 36

Construction Inventory Buyers Real Estate 36