article thumbnail

HECM program study assesses policy impacts of recent years

Housing Wire

The bulk of losses came from loans that originated between 2006 and 2010,” the report stated. Researchers estimated that the Federal Housing Administration (FHA) incurred a net loss of approximately $10.4 billion from the program.

article thumbnail

From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. The appraiser will be led through a process, defined by the scope of work.

Appraisal 397
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Drones for Real Estate Photography and Appraisals

D Fritz Appraisals

Using drones for real estate photography is a topic that drew a lot of chatter in the early 2010’s as a hotly debated topic among real estate agents. While the drone pilot maneuvers around the roof, appraisers and agents can be on the ground checking out the foundation. The Rise of Drones in the Canadian Real Estate Industry.

article thumbnail

Fannie Mae Changes 2018

Robinson Appraisal Group

This form has been a requirement since 2009 as a tool to establish the increase, decrease or stabilization of markets in the aftermath of the housing crisis occurring between 2007 – 2010 due to sub prime lending practices. So what is the 1004MC form?

Tools 78
article thumbnail

How to Conduct the Most Effective Columbus, Ohio Property Search

The Robert Weiler Company

Census Bureau, Columbus, Ohio has ranked #1 for population growth among comparable large Midwest metro areas between 2010 and 2020. from 2010 to 2020. Our real estate brokers will begin by evaluating your wants and needs in a property, and guide you through the point of closing and beyond. According to the U.S.

article thumbnail

AVMs undergo compliance and regulation updates

Clear Capital

In addition to the Fannie Mae and Freddie Mac focus on appraisal bias, federal banking regulators and the Consumer Financial Protection Bureau (CFPB), all of whom are on the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), continued their work to examine requirements around AVM development and use.

article thumbnail

FHA Commemorates 90 Years of Making Homeownership Possible

Appraisal Buzz

Removed barriers to homeownership: FHA increased access to homeownership for borrowers with student loan debt, those seeking to purchase manufactured homes or properties with Accessory Dwelling Units, and households with a strong history of on-time rental payments.

Insurance 195