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New American Funding referring homeowners to EasyKnock

Inman

The independent mortgage lender is now sending homeowners who are interested in converting their home equity into cash over to EasyKnock to explore a sale-leaseback. Mortgage Select EasyKnock heloc home equity loan leaseback new american funding rent-to-own sale-leaseback

Mortgage 141
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The Appraisal Foundation Releases New Reference Manual For the 2020-2022 USPAP Publication

Appraisal Buzz

The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP), now available online , comes with a first-of-its-kind reference manual designed to help you quickly find answers to your USPAP-related questions.

Design 195
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The Appraisal Foundation Releases New Reference Manual For the 2020-2022 USPAP Publication

McKissock

The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP), now available online , comes with a first-of-its-kind reference manual designed to help you quickly find answers to your USPAP-related questions.

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Incorporation by Reference: Update from Mr. Bagott

Valuation Nation

Incorporation by reference is the major premise of what Mr. Bagott is writing about and in this update, he is looking at the Texas Railroad Commission. Ask her to email you the steps she took to legally adopt by reference the 2006 version of the copyrighted “NFPA 54” code and the 2008 version of “NFPA 58” code in accordance with Texas law,” said Bagott. The author responds and updates information regarding The Appraisal foundation.

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FREE Webinar with The Appraisal Foundation: FAQs About the New 2022-2023 USPAP Update Course

McKissock

Lisa will address frequently asked questions about the new 2022-2023 7-Hour National USPAP Update Course and the new USPAP Reference Manual. She will explain how the new USPAP Reference Manual will help you find answers to your specific questions and apply it to your day-to-day practice.

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Fannie Mae unveils $952 million CRT note offering 

Housing Wire

Fannie Mae has priced its fifth Connecticut Avenue Series (CAS) credit-risk transfer deal of 2022, a $952 million note offering backed by a reference pool of single-family mortgages valued at $38.5 of the loans in the reference pool were granted appraisal wavers.

Investors 358
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Freddie Mac launches 9th STACR series offering in 2022

Housing Wire

This agency’s most recent credit risk transfer (CRT) offering, STACR 2022-DNA6, involves a $1.165 billion note backed by a reference loan pool of 112,865 residential mortgages with an outstanding principal balance of $35.6 The reference pools are composed of a total of nearly 1.1

Design 405
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Fannie Mae prices ninth CAS note offering of 2022

Housing Wire

Fannie Mae has launched its ninth Connecticut Avenue Series (CAS) credit-risk transfer deal of 2022, a $$591 million note offering backed by a reference pool of single-family mortgages. The loans in the reference pool have loan-to-value ratios ranging from 80.01

Investors 302
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Fannie Mae Prices Latest CAS REMIC Transaction at $626 Million

Appraisal Buzz

The reference pool for CAS Series 2022-R08 consists of approximately 68,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $20.4 The reference pool.

Design 195
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Fannie Mae launches eighth CAS note offering this year

Housing Wire

million note offering backed by a reference pool of single-family mortgages valued at $20.4 This latest CAS transaction, CAS 2022-R08, involves a reference pool of 67,644 single-family mortgage loans.

Insurance 280
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Fannie Mae Values CAS REMIC Deal at $866 Million with 101,000 Loans

Appraisal Buzz

The reference pool for CAS Series 2022-R07 consists of approximately 101,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $30.6 The reference pool.

Design 195
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San Jose, California Tops List of Best Metros for Millennials

Appraisal Buzz

today are part of what’s commonly referred to as the Millennial generation, which currently represents the most significant cohort of the country’s demographics. Nearly 72 million people living and working in the U.S.

Appraisal 365
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Fannie hits $5 billion in risk-sharing with latest CRT deal

Housing Wire

billion note offering backed by a reference pool of some 118,000 single-family mortgages valued at $36 billion. The loans in the reference pool have an average balance of $309,086, the KBRA report shows, and were acquired between April and May in 2021, according to Fannie.

Valuation 295
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Freddie Mac rolls out agency’s 10th STACR note offering

Housing Wire

The new credit risk transfer (CRT) offering, STACR 2022-DNA7, outlined in a presale report by Kroll Bond Rating Agency , involves a $616 million note offering backed by a reference loan pool of 69,144 residential mortgages with an outstanding principal balance of $19.9

Design 286
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Freddie Mac unveils 4th CRT offering of the year

Housing Wire

billion note backed by a reference loan pool of 118,055 residential mortgages with an outstanding principal balance of $35.4 billion secured by single-family mortgage reference loan pools valued in total at $156.9

Valuation 292
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Fannie Mae Prices $1.2 Billion CAS REMIC Transaction

Appraisal Buzz

The reference pool for CAS Series 2022-R02 consists of approximately 149,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $44 billion. The reference pool.

Design 195
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Fannie Mae Prices First CAS REMIC of 2022, Worth $1.5 Billion

Appraisal Buzz

The reference pool for CAS Series 2022-R01 consists of approximately 180,000 single-family mortgage loans with an outstanding unpaid principal balance of nearly $54 billion. The reference pool.

Design 195
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Fannie Mae launches another CRT offering

Housing Wire

billion note offering backed by a reference pool of 149,393 residential mortgage loans valued at $44.3 Fitch Ratings also notes that the reference loan-pool borrowers “have a strong credit profile,” with an average FICO credit rating of 748 and a debt-to-income ratio of 36%.

Investors 311
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Fannie Mae rolling out its third CRT offering of 2022

Housing Wire

billion note offering backed by a reference loan pool of 150,395 primarily single-family mortgages valued at $44.4 billion reference pool received appraisal wavers, resulting in the bond-rating agency applying “a broad valuation haircut to such loans.”.

Insurance 318
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Fannie plans $15B in CRT deals in 2022

Housing Wire

The 45 CAS deals involved credit-risk transfer (CRT) notes issued to private investors against reference loan pools of single-family mortgages valued collectively as of the time of the transactions at just under $1.7

Investors 331
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FREE Webinar with The Appraisal Foundation: FAQs About the New 2022-2023 USPAP Update Course

Appraisal Buzz

Lisa will address frequently asked questions about the new 2022-2023 7-Hour National USPAP Update Course and the new USPAP Reference Manual. She will explain how the new USPAP Reference Manual will help you find answers.

Appraisal 195
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Freddie Mac rolls out $1.8 billion CRT note offering

Housing Wire

billion secured by single-family mortgage reference loan pools valued in total at $121.5 billion note backed by a reference loan pool of 140,950 residential mortgages with an outstanding principal balance of $42.9 Freddie Mac’s headquarters in Washington, D.C.

Valuation 307
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Fannie Mae Releases $952 Million CAS REMIC Transaction

Appraisal Buzz

The reference pool for CAS Series 2022-R05 consists of approximately 127,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $38.5 The reference pool includes collateral with loan-to-value ratios of 80.01% to 97%, which were acquired between May 2021 and July 2021.

Appraisal 150
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What Is Commingling And Is It Legal?

BiggerPockets

Commingling refers to the combining or intermingling of funds that may be coming from various sources or earmarked for different purposes. As a real estate investor, commingling can help diversify […] Real Estate Business

Legal 52
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Federal Reserve and Housing: No Taper Talk Yet

Eyes on Housing

Today’s Federal Open Market Committee announcement did not provide an explicit reference to an expected tapering of purchases of Treasury ($80 billion a month) and mortgage-backed ($40 billion a month) securities.

Mortgage 153
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How to Enhance Commercial Property Value Prior to Appraisal

Valcre

Appraisal of a commercial property refers to the assessment of the property’s fair market value. For property owners, getting a professional appraisal is absolutely necessary before mortgaging or selling their property.

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HousingWire Demo Day: BaseCap Analytics

Housing Wire

Our Platform employs a wide-ranging set of tools for users to identify what are the corrective measures to remove duplicates, ensure completeness and accuracy, and validate data against reference tables. Data Quality Manager.

Tools 221
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Fannie Mae is out with 7th CAS offering

Housing Wire

Less than a month after announcing its sixth Connecticut Avenue Series (CAS) credit-risk transfer deal of 2022, Fannie Mae is unveiling its seventh CAS transaction of the year — an $866 million note offering backed by a reference pool of single-family mortgages valued at $30.6

Investors 306
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How To Find An Appraiser

Padove Appraisal Service

Be sure to ask for references and review their qualifications and credentials before hiring an appraiser. This letter is also referred to as an appraisal contract, or appraisal agreement. Many people’s experiences with real estate appraisals are limited to mortgage applications.

Appraisal 145
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Why brokerages and mortgage lenders are rushing into JVs

Housing Wire

Two hours south in San Diego, clients ask eXp agent Alanna Strei for a mortgage reference. Dunn and Strei are not obliged to refer clients to their employer’s joint venture — such a requirement would be a violation of federal law.

Brokerage 411
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Appraisers slam FHFA appraisal blog post

Housing Wire

Research detailing overt demographic references in appraisal reports has sparked anger from appraisers, even as they express dismay at the findings. “I But Schley also cast doubt on whether the bias references came from appraisers. “We

Appraisal 311
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Freddie Mac’s CRT program posts record performance 

Housing Wire

The agencies pay monthly premiums in exchange for insurance coverage on a portion of the designated reference loan pools. Freddie Mac notched record credit-risk transfer (CRT) issuances of some $15 billion during the first half of this year, protecting $358 billion in single-family mortgages.

Insurance 367
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Freddie Mac unveils offer for up to $2.2B in CRT notes

Housing Wire

Through the STACR note offerings, private investors participate with Freddie Mac in sharing a portion of the mortgage credit risk in the reference loan pools retained by the agency. billion in risk from reference pools valued at $300.9

Insurance 302
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FHFA takes a swing at racial bias in appraisal

Housing Wire

In a blog post, Fannie Mae and Freddie Mac ’s regulator and conservator said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws,” which FHFA said indicate the “continued presence of valuation bias.”.

Appraisal 458
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Housing Trends: Millennials and Migration

Appraisal Buzz

today are part of what’s commonly referred to as the Millennial generation, which currently represents the most significant cohort of the country’s demographics. Nearly 72 million people living and working in the U.S.

Appraisal 195
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Transparent pricing

San Jose Real Estate

Transparent pricing, aspirational pricing, and motivational pricing Transparent pricing refers to the seller’s intention of offering the home for sale at a price that the seller is willing to accept. Home sellers are employing different strategies to sell in today’s mixed market.

Sellers 74
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Fannie Mae transfers $771 million in credit risk to private insurers

Housing Wire

billion reference pool of single-family mortgages. Fannie Mae this week completed its first credit insurance risk transfer (CIRT) deal of the year as part of the agency’s ongoing efforts to share mortgage risk with the private sector. .

Insurance 424
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Top five questions to ask a potential real estate agent

Housing Wire

Do you have any references I can contact? If you think a real estate agent might be a good fit, always ask for a reference or two first before signing on that dotted line. Do your research, ask questions, and check reviews and references.

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Freddie Mac opens 2022 with two large CRT offerings

Housing Wire

billion so far this year that are secured by reference loan pools valued at $78.6 billion note issued against a reference loan pool of 190,774 residential mortgages with an outstanding principal balance of $33.6

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What Makes Green Home Appraisals Unique?

Appraisal Buzz

A “green” or “high performance” home refers to a residence that has less of a net impact on the environment than its traditional alternative. If you’re interested in becoming a green home appraiser , you may be wondering, “What makes these types of assignments unique?”

Appraisal 195