Appraisal Today

APRIL 19, 2024

To read more, including the full document, Click Here My comments: Read it. Now that appraisersblogs has published the full document, you can read and make comments. There are a lot of shingle-style homes here that are iconic, but this one’s distinctive design stands out and is completely different.” It is human nature.

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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. Lender issues are a significant factor in USPAP and Myths 1 to 4. Excerpts: 4 Bedrooms, 4.5

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Appraisal Today

DECEMBER 16, 2022

Industry Insider Insight on Risk and Modernization. Lenders want a compliant document that allows the loan package to be sold as quickly as possible, while investors want an appraisal that allows for securitization or resale to another downstream buyer. Fannie New Appraisal Form Modernization. To read more, click here.

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Housing Wire

SEPTEMBER 30, 2020

In recent months, Mortgage Cadence clients have been able to quickly pivot to a remote-work model without missing a beat using its end-to-end digital lending solution, the Mortgage Cadence Platform (MCP). Borrowers can shop, compare and apply for a loan, send documents and view conditions all in one portal.

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Appraisal Buzz

SEPTEMBER 5, 2022

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process. Appraisal Modernization. Is there room for more improvement? Technologies are moving fast.

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Appraisal Today

JULY 28, 2023

by Dave Towne Excerpts: Appraisers, on July 17, 2023, a document from Freddie Mac was circulated to numerous appraisers around the US which identified certain words and other info that can be considered to be ‘BIASED’ in appraisal reports. Pesky Words. Keeping Appraisers out of Language Purgatory Appraisers: Be Careful with Your Words!

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Housing Wire

AUGUST 2, 2021

This capability plugs into any loan origination system (LOS) or document prep provider, allowing all users to stay in their systems of choice while Snapdocs operates to improve the experience in the background. Waterstone is one of the nation’s largest mortgage lenders with 650 employees lending in 48 states.

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Housing Wire

OCTOBER 6, 2020

Lending technology out of focus. However, the back-office efficiencies that were supposed to result from collecting all of the borrower’s financial information into the loan origination system (LOS) electronically – a revolutionary result of the application of big data principles to the mortgage lending lifecycle – never materialized.

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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.

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Listing Spark

AUGUST 17, 2023

These loans, insured by the Federal Housing Administration (FHA) and designed to help homebuyers with low credit scores and low down payment savings, are generally off the table for anything besides a primary residence. The property must fall within county FHA loan limits, which can decrease your access to potential investments.

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Housing Wire

JUNE 1, 2022

With borrowers preferring online loan applications that are quick to complete, fast turn times and even faster closings, financial institutions and mortgage lenders are having the inefficiencies in their business models highlighted and the need to prioritize modern technology is becoming strikingly obvious.

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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. Fortunately, their names were listed in the MLS. No effect on value. I was surprised.

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Housing Wire

JUNE 28, 2021

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. The value add is compliance, more than anything else,” said Shashank Shekhar, CEO of Arcus Lending.

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Clear Capital

JUNE 21, 2022

Fannie Mae’s study , while finding that homes owned by white borrowers were more often overvalued than homes owned by Black borrowers, furthered the discussion around Appraisal Modernization, including the use of AVMs in property valuations. AVMs should be used in the lending process to prevent appraisal bias. Valuation Equity.

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McKissock

NOVEMBER 24, 2022

Things to Consider when Appraising Rural Residential Properties Appraisals of rural residential properties do not conform to the typical mortgage lending underwriting expectations of urban and suburban residential properties. This document summarizes some of the more common roofing materials, emphasizing the pros and cons of each.

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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 billion tax fraud scheme. Owners with conservation easements can claim an income tax deduction.

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Assurance Financial

AUGUST 9, 2021

These mortgages are designed to suit low- to very-low-income applicants. The lending requirements for a guaranteed USDA loan are slightly looser than the requirements for a direct loan. The loans are designed to encourage people to buy homes in rural areas. The loans and grants that are part of the program include: 1.

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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

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Housing Wire

FEBRUARY 7, 2022

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD.

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