Housing competition edged up slightly in September, with bidding wars heating up across the nation. Rumors are circulating about a possible end to GSE appraisal waivers. The new USPAP publication for 2020-21 is now available, and it has some cool new features. Plus, have…
The House overwhelmingly passed the appraisal bill known as the Homebuyer Assistance Act of 2019. Alternative valuations could drive up costs for real estate consumers. A coalition calls for the elimination of the DTI requirement from QM lending rules. Some housing markets are more…
We know there’s tons of content out there pertaining to real estate, lending, and appraisal. As a busy appraisal professional, you may not have time to sift through it all. To help you out, we’ve curated some monthly highlights of appraisal content from around…
Is the appraisal profession about to see a surge of newcomers? The industry sees a major spike in Millennial exam takers. The real estate market sees a significant drop in home sales competition. The ASB announced last week that it will be issuing a…
The U.S. housing market value rose to a whopping total of $33.3 trillion in 2018. Software company CoreLogic will sharpen its focus on appraisals beginning this year. A recent survey shows that Gen-Xers and older Millennials would rather invest in stocks vs. real estate.…
Earlier this week, Fannie Mae issued a new edition of its Appraiser Update e-newsletter; this edition was titled Special Edition for Rural Appraisal. The newsletter covers several topics of interest to rural appraisers, including a summary of recent changes to Fannie Mae’s policies, information…
The US housing market may be in trouble. One author argues FHA mortgage insurance premium pricing is not likely to drop, despite what others have predicted. Marcus by Goldman Sachs® and HouseCanary roll out a home addition calculator for homeowners considering renovations. Freddie Mac…
If you operate as a self employed appraiser, you may feel that you don’t have access to the same quality or amount of benefits that you might enjoy working for a larger company. The good news is, with the rise of freelance employees and…
Mid-year commentary predicts notable changes for the appraisal market, partly due to the recent Dodd-Frank rollback bill. Democratic Senators threaten to freeze Trump’s nominee for the new director of the CFPB. The “Appraisers” page on Fannie Mae’s website seeks to help appraisers by giving…
Fannie Mae alerts the industry to mortgage fraud schemes involving the falsification of borrower employment. U.S. home prices continue to increase in all 50 states. The VA’s Deputy Director of Loan Guaranty Services is working hard to improve the homebuying process for veterans. Plus,…
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