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. One mid-sized lender echoed the opinion of others that appraisals still take too long. “It
Appraiserblogs
MARCH 7, 2024
The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals. It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. appeared on Appraisers Blogs.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MAY 23, 2022
A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together.
Housing Wire
AUGUST 2, 2022
The Vanguard Forum convenes at one of the most consequential moments in the history of the modern housing market,” said Clayton Collins, CEO of HW Media. “As They come from all corners of the industry, including mortgage, appraisal, real estate, finance and more.
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
AUGUST 3, 2022
That technology is not just expected to eventually reduce costs, he added, but could also mitigate appraisal bias. “The tech involved in those modernized products prevents human to human interaction,” Oglesby said. ” The post Class Valuation acquires AMC AppraisalTek appeared first on HousingWire.
Housing Wire
MAY 25, 2022
While the VA said it hopes to “improve the veteran experience” by modernizing its outdated procedures, some loans will still require pre-approval before closing. Loan closings could not proceed until the VA issued its approval, which resulted in a drawn-out process.
Expert insights. Personalized for you.
485 
Let's personalize your content