Housing Wire
OCTOBER 23, 2020
The Federal Housing Administration announced on Wednesday the launch of its first automated underwriting system that will allow lenders to submit loan application data electronically for single family forward mortgages from their loan origination systems to FHA for mortgage insurance eligibility. It is modernization of the entire process.
Housing Wire
FEBRUARY 7, 2022
As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. By comparison, private mortgage insurance cancels at a 78% loan-to-value ratio. “If
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Appraisal Buzz
JUNE 20, 2022
Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.
Cleveland Appraisal Blog
MAY 17, 2024
When you find the right one, make sure they are licensed and insured to avoid any nasty surprises down the line. Flooring updates and modern landscaping can upgrade the home’s aesthetics, increasing its overall value. You can also listen right here on the Cleveland Appraisal Blog!
Housing Wire
SEPTEMBER 17, 2022
“FHA strongly recommends that industry partners pause EAD onboarding and direct integration activities until final determinations are made regarding the electronic appraisal delivery system for loans originated for FHA insurance endorsement,” FHA said in its industry notification. No new date has been announced.
Appraisal Today
MARCH 15, 2024
Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.
Appraisal Today
AUGUST 18, 2023
Be sure to put in a comment requesting it. == The Future of Property Appraisal: Unveiling the UAD Redesign and New URAR By: McKissock August 15, 2023 At the recent Valuation Expo conference in Las Vegas, Heather Sullivan (Aloft), Ken Defeo (Fannie Mae), and Sean Murphy (Freddie Mac) provided a peek at some of the upcoming changes.
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