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Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Appraiserblogs

Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. million armed robbery of a… Certified Appraisers vs.

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Fannie Mae extends relaxed appraisal, lending standards

Housing Wire

Mortgage giant Fannie Mae extended its relaxed lending and appraisal standards put in place due to COVID-19 into the new year. The flexibilities surrounding verbal verification of employment and appraisals were originally set to expire on Dec. 31, 2020, however Fannie Mae is now pushing that back to at least Jan. 31, 2021. “We

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Proposed VA appraisal law looks to even the playing field

Housing Wire

Meanwhile, the Department of Housing and Urban Development (HUD)recently extended its timeline for allowing desktop appraisals for certain transactions impacted by the pandemic. The Mortgage Bankers Association supports the legislation. The policy now expires on December 31, 2022. Sponsored Video.

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CFPB reverses pandemic flexibilities, vowing enforcement

Housing Wire

The seven rescissions will be effective Thursday, April 1, with the government agency noting that it intends to exercise the full scope of its supervisory and enforcement authority provided under the Dodd-Frank Act. In one of its key decisions, the CFPB said it will roll back its leniency on reporting Home Mortgage Disclosure Act data.

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All You Need to Know About Reverse Mortgage Appraisals

AmeriMac

Reverse mortgages are becoming an increasingly popular financial tool for homeowners over the age of 62 who want to access equity in their homes. One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan.

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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

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Rocket Mortgage’s Rachel Robinson to speak at HW Annual

Housing Wire

That’s why HousingWire invited Rachel Robinson, director, collateral policy and product development at Rocket Mortgage , to HW Annual to discuss how technology can play an important role in the appraisal process and help eliminate discriminatory practices. .