Remove the-effect-of-covid-19-on-appraisal-volume
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Appraisers: Pay Attention to Policy

Appraisal Buzz

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. Most appraisers have been busier than ever over the past year and may be struggling to keep up with deadlines. Policy can affect all segments of the appraisal profession.

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Appraisal Institute names Rodman Schley president

Housing Wire

Rodman Schley was selected to become the next president of the Appraisal Institute (AI) beginning Jan. 1, succeeding appraiser Jefferson Sherman, according to the trade organization. WFG reports its highest volume months ever during Q2 and Q3 of 2020. He has also served as president of the group’s Colorado chapter.

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Finance leader at Guaranteed Rate says “don’t fade the fed”

Housing Wire

Not only are lenders coming off the best year ever in terms of fundamentals, with record margins, revenue, volume, etc., HousingWire reached out to Collett to hear more about the current market and what to expect for interest rates and loan volumes in 2021. This is such an interesting topic right now,” said Collett.

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CFPB warns servicers: “Unprepared is unacceptable”

Housing Wire

From forbearance to post-forbearance: How to make the process effective. To accommodate the large volume of loans still in forbearance, mortgage servicers must have functional, flexible and effective forbearance processes in place. “Unprepared is unacceptable,” the Bureau said. . million by that time.

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When in Doubt, Give the Homeowner a Shout

Appraisal Buzz

Last October, I left my office to perform an exterior inspection for an appraisal in Mauldin, South Carolina. COVID-19 Exterior Assignments and Desktop Assignments were then the norm. In late October, the FHFA announced that desktop appraisals are here to stay. I headed back to the office.

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Rocket Mortgage unveils new jumbo product for brokers

Housing Wire

The new product launch comes just a few months after the Consumer Financial Protection Bureau retired the much-maligned Appendix Q patch , and amid a wave of vaccinations for the COVID-19 virus, which should boost the bottom lines of small businesses. “So we run this through DU, giving you instant findings and approval.”

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Impact of COVID-19 On Appraisals

Simonson Real Estate

As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. Key Language in Letter of Transmittal.

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