Remove 2020 Remove Lending Remove Local Properties
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Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

In 2020, about 4% of Fannie Mae-acquired purchase loans went to Black borrowers. Mark Palim, Fannie Mae deputy chief economist, said that he preferred not to “speculate” on “alternative borrower” profiles, and that the credit score in the profile is drawn from only those loans that were delivered to Fannie Mae in 2020. “If

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

Freddie Mac also found a 50% increase in appraisals completed in 2020 compared to 2012, but no more appraisers on hand to complete those appraisals than there were in 2020. In 2020, the use of “blind” appraisal waivers reached staggering, record highs. Real estate agents in particular understand local properties extremely well.

Appraisal 337
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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

As of the end of October 2020, interest rates on a 30-year refinance mortgage were averaging around 3.2%. Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number. If not, you may want to consider it.

Appraisal 148
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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

As of the end of October 2020, interest rates on a 30-year refinance mortgage were averaging around 3.2%. Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number. If not, you may want to consider it.