Appraisal Today

OCTOBER 28, 2022

Excerpts: …the United States Department of Veteran Affairs (VA), is known throughout the valuation community for respecting the work of appraisers and maintaining reasonable fee schedules. The questions: Fannie Mae and Freddie Mac are making desktop appraisals a permanent fixture in their valuation offerings. To read more, click here.

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Appraisal Today

MARCH 31, 2023

Fannie Mae: Appraisals are no longer the default option: Value Acceptance replaces Appraisal Waiver Fannie Mae updated its Selling Guide on March 1 to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” To read more, click here My comments: Worth reading.

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Appraisal Today

JUNE 10, 2022

Here we consider how these “frictions” will behave as appraisal demand has dropped, just as each of the five forces have found ways to reduce or “eliminate” the need for valuation expertise. The Inevitable Cyclicality of Mortgage Lending. The average contract interest rate for 15-year fixed-rate mortgages increased to 4.62

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Appraisal Today

OCTOBER 7, 2022

The eight percent who cite other valuation methods most often explained that they use a hybrid approach or mostly an exterior appraisal. Excerpts: Year Built: 2001. Excerpts: Lakeland engaged in a pattern or practice of lending discrimination by “redlining” in the Newark metropolitan area. Lot Size: 0.06

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Appraisal Today

JULY 12, 2024

The college requirements1 have been a part of the Criteria (in one form or another) since the AQB initiated public discussion of these requirements in 2001, formal adoption in 2004, and subsequent implementation in 2008. By staying informed and considering all relevant factors, you can deliver credible valuations. percent from 7.03

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Appraisal Today

SEPTEMBER 29, 2023

Some appraisers, a true minority, have been able to transition to private, non-mortgage-lending appraisal work, but that’s not as easy as some advocate. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. The GSEs started keeping track in 71.

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