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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. Despite its roots in a methodology designed to support appraisers, Value.

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Proposed VA appraisal law looks to even the playing field

Housing Wire

The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together. Currently, all VA appraisals must be performed in-house. Jones also expressed concern with future increases to VA home loan funding fees.

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Opinion: Reformed FHA program will offer lenders new business opportunities

Housing Wire

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. The FHA has an opportunity to extend its considerable manufactured housing expertise to strengthen a critical market.

Business 398
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Clear Capital cuts 24% of its workforce in restructuring

Housing Wire

The firm announced on Wednesday that it was eliminating about 24% of its workforce, or over 250 jobs, as it restructures departments and consolidates teams amid a tough housing market. The firm reduced its workforce by about 27%, or about 350 positions, in October following a slowdown in the housing market.

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Verification provider Xactus hires chief compliance officer

Housing Wire

Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditional approaches are falling behind, said Perry Steiner, chairman and CEO of Xactus said. In a tight housing market, Xactus said it aims to help customers close loans more quickly. .

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Federal agency members voice support for new CRA rules 

Housing Wire

representatives at federal agencies reinforced their support for the new rules that would modernize the Community Reinvestment Act (CRA), a few days after a federal judge in Texas granted a preliminary injunction to banking associations that seek to halt its implementation. This week in Washington, D.C.,

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An inside look at the latest trends in housing regulation and policy, featuring the 2022 Vanguard Honoree, Armando Falcon

Housing Wire

In this series of interviews, we focus on the people who are shaping the state of housing at the top — the policy and regulation experts. The FHFA and the GSEs are essential to painting the picture of today’s housing market and industry trends. Because I am.

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