Housing Wire
MAY 24, 2022
A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. However, they have several more pressing priorities when it comes to what they’re investing in.
Housing Wire
AUGUST 3, 2022
The fragmented and decentralized appraisal management company sector is ripe for consolidation, amid increased regulatory pressures on appraisers and potentially disruptive technological changes. billion real estate appraisal services market has cumulatively grown by 32% since 2008.”.
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Appraisal Buzz
APRIL 15, 2024
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. Most appraisers have diversity in their business channels.
Housing Wire
FEBRUARY 8, 2022
In January, Fannie Mae said it would start accepting desktop appraisals, where an appraiser need not perform a walk-through, for some agency-backed loans after March 19. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal.
McKissock
OCTOBER 12, 2021
” The terms “entrepreneurial incentive” and “entrepreneurial profit” are typically discussed in terms of investment property, but the principles involved can also be applied to the many fixer-uppers—whether the buyer is a “purely investor type” or an “owner occupied investor type.”
AmeriMac
MARCH 29, 2024
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. Meeting these eligibility criteria is the first step in applying for a reverse mortgage.
Housing Wire
SEPTEMBER 21, 2021
Meanwhile, lenders can electronically submit, track and manage single-family property appraisals, the FHA said. The announcement comes after more than a year’s worth of efforts by the FHA to streamline and modernize their FHA loan origination and claims process. How increased regulation presents a huge opportunity for lenders.
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