Contracts Modernization Mortgage Training 
Housing Wire
NOVEMBER 30, 2021
These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. The modern appraisal movement is accelerating.
Housing Wire
JULY 12, 2022
Beginning July 17, Freddie Mac will accept some mortgages with hybrid appraisals — but the list of caveats is lengthy. Mortgages for manufactured homes, investment properties, duplexes and fourplexes are not eligible. The seller accepts it; they go into contract. The mortgage industry, per the latest jobs report from the U.S.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
SEPTEMBER 23, 2021
The calculations reached by CubiCasa technology are aligned with American National Standards Institute standards and the technology can be used without prior training by anyone with a smartphone. And United Wholesale Mortgage , America’s largest wholesale lender and the second-largest mortgage lender overall, announced on Sept.
Appraisal Buzz
APRIL 15, 2024
UAD originated in 2010 and since then we appraisers are accustomed to using codes like “C4,” “N;Res,” and “1200sf0sfin” in our mortgage appraisal reports to communicate the results of our analysis. It all starts with the standard appraisal forms used in the mortgage process. Most appraisers have diversity in their business channels.
Housing Wire
JUNE 14, 2022
Starting in 2023, Freddie Mac said it will look at expanding the use of its automated collateral evaluation for mortgages with loan to value ratios greater than 80% through a targeted lending program. Fannie Mae also included efforts to “modernize” appraisals in its equity plans. Fair housing, are you kidding me?”.
Appraisal Today
NOVEMBER 17, 2023
While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.
Appraisal Today
APRIL 19, 2024
For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. There are 12 principal forms used for a mortgage origination appraisal. Mortgage applications increased 3.3
Expert insights. Personalized for you.
395 
Let's personalize your content