Housing Wire
DECEMBER 11, 2020
Mortgage giant Fannie Mae extended its relaxed lending and appraisal standards put in place due to COVID-19 into the new year. The flexibilities surrounding verbal verification of employment and appraisals were originally set to expire on Dec. Presented by: CoreLogic. 31, 2021. “We 31, 2021 from Dec.
Housing Wire
SEPTEMBER 21, 2021
The FHA Catalyst: Electronic Appraisal Delivery module will allow for the administration to expand their data collection and analysis capabilities. Meanwhile, lenders can electronically submit, track and manage single-family property appraisals, the FHA said. How increased regulation presents a huge opportunity for lenders.
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Appraisal Buzz
APRIL 15, 2024
This scope of work is determined by the type of property and the characteristics of the property. Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process.
Housing Wire
AUGUST 22, 2022
Presented by: Altisource. Instead of Connolly and Mott greeting the appraisal, a white colleague was present during the process. housing industry with one of the recent lawsuits including a Black homeowner suing Wells Fargo alleging the bank’s lending algorithms amplified the U.S.
Housing Wire
JUNE 4, 2021
Presented by: Rocket Pro TPO. If a seller has those multiple offers, they are looking first at cash offers and may even consider a lower cash offer because they don’t have to worry about the property appraising for that price,” Garrett said. “If The median Austin home-sale price in the Texas capital increased 42.3%
Housing Wire
APRIL 8, 2021
First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Sponsored content presented by Citibank, N.A. Second, it allows you to tailor your offer to each individual house you put an offer on. NMLS #412915.
Appraisal Buzz
MAY 24, 2021
These properties are not for owner occupancy. Because multifamily homes serve a different purpose than single-family properties, appraisers have yet another factor to consider before presenting a number to the bank. Three Common Methods Appraisers Can Use. That’s where possible hurdles can arise.
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