article thumbnail

Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

An affordable housing advocate, who requested anonymity, called the report “stunning,” because it indicates Fannie Mae is only lending to low-income borrowers with the most pristine of credit histories. “A Palim said that a fair lending analysis was outside of the scope of the research paper.

article thumbnail

Consider These Factors When Choosing a Real Estate Appraiser

East Coast Appraisal

An accurate appraisal can help: A buyer to avoid overpaying for a property A seller to ensure they get a good price for their property A lender to avoid lending more than the property's fair market value Property buyers, sellers, and lenders enjoy these benefits if they work with the right appraiser.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

12 Types of Expert Witness Assignments for Appraisers

McKissock

How are divorce appraisals different from standard mortgage lending appraisals? Typically, this would be for local property tax appeals. If the IRS reviewer rejects an appraisal, there could be significant restraints on any future appraisal work for the IRS or other federal government agencies. Bankruptcy. Learn more.

article thumbnail

FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

Despite fintech innovation in the form of lending-as-a-service (LaaS) startups and more user-friendly mortgage application portals, the appraiser shortage paired with “the old way of doing things” has aggravated process inefficiencies within the home loan ecosystem.

Appraisal 369
article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property.