Fri.Dec 24, 2021

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Lenders tread carefully around targeted lending programs

Housing Wire

Last week’s announcement from the Department of Housing and Urban Development cleared the way for lenders to adopt targeted lending programs, but so far, they are treading carefully. The pronouncement was more than 40 years coming, and arrived after both the Consumer Financial Protection Bureau and the Federal Housing Finance Agency had publicly weighed in on the issue.

Lending 363
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Assignments for 4 Types of Commercial Appraisal Review Clients

Appraisal Buzz

Commercial appraisal review assignments flow from different types of clients, each with their own intended use, required scope of work, and set of concerns for the reviewer to be aware. The intended use and the intended user are equally as relevant in an appraisal review assignment as they are in any appraisal assignment. Everything in the appraisal review report should be directed to being understood by the intended user(s) for their intended use.

Clients 195
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Taking stock: Your leadership approach in 2022

Housing Wire

As we turn the page on 2021, it’s important to check in with ourselves and identify what we are leaving in the past and what we are taking with us into the new year. To some, that exercise might translate to forming resolutions. I’m taking a slightly different approach, however, by opting to reflect on wise words and research that have shaped my career path and how I can draw from these in 2022.

Inventory 357
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NAR Meets with Biden's Task Force on Appraisals

National Association of Realtors

NAR’s Real Property Valuation Committee and leadership from NAR’s Fair Housing Policy Committee participated in a listening session with the Biden Administration’s Interagency Task Force on Property Appraisal and Valuation Equity (PAVE).

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Appraisal Value vs. Market Value: What is the Difference?

Mashvisor

Whether you’re selling or buying an investment property, its appraisal value vs. market value is something you’re bound to wonder about. How appraisal value vs.

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Rookie Podcast 142: Rookie Reply: Do You Have to Put 20% Down on an Investment Property?

BiggerPockets

This week’s question comes from Mack through Ashley’s Slack channel in the Real Estate Rookie Bootcamp. Mack is asking: How can I buy an investment property without putting 20% down? […].

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Assignments for 4 Types of Commercial Appraisal Review Clients

McKissock

Commercial appraisal review assignments flow from different types of clients, each with their own intended use, required scope of work, and set of concerns for the reviewer to be aware. The intended use and the intended user are equally as relevant in an appraisal review assignment as they are in any appraisal assignment. Everything in the appraisal review report should be directed to being understood by the intended user(s) for their intended use.

Clients 73
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Flipping Houses in California: The Comprehensive Guide

Mashvisor

If you ever dreamed of getting rich from flipping houses in California, there are certain things about this investment strategy you need to know.

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Treasury cracks the whip on money laundering

Housing Wire

The U.S. government is laser-focused on uncloaking bad actors hiding behind shell companies to engage in money laundering and other illicit activities and is seeking to adopt new regulations to accomplish that goal — rules that will impact the housing industry. The Financial Crimes Enforcement Network (FinCEN) has issued a Notice of Proposed Rulemaking (NPRM) that will require companies to report beneficial-ownership information as part of the Corporate Transparency Act (CTA).