At an industry conference on July 29, 2018, a Fannie Mae spokesperson announced that Fannie would be making revisions to its Selling Guide, effective in August 2018. Perhaps the most significant planned revision will be the elimination of the requirement for appraisers to include…
As a result of the last U.S. economic crisis, a lot of people now know a lot more about the secondary mortgage market. Before the crisis, the secondary mortgage market was a mystery to most Americans, and it was only really important to mortgage…
Fannie Mae and Freddie Mac have issued a joint press release formally announcing what many industry insiders already suspected—the GSEs are planning revisions to the Uniform Appraisal Dataset (UAD) and their appraisal reporting forms, including the Uniform Residential Appraisal Report (URAR). The GSEs have…
The Senate tax bill continues to be top news in the real estate industry, but even with an adjustment favoring the middle-class homeowner, pros are not happy. More and more housing markets across the country are overvalued; what does this mean for the real…
Most real estate agents know that it’s been tough for Millennials to get into their first homes, and it appears one of the main reasons is because of massive student debt. Hurricane Harvey has hit homeowners hard, but those in the luxury market are…
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