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HUD outlines reverse mortgage wish list in budget proposal

Housing Wire

Department of Housing and Urban Development (HUD) are a few key priorities related to the Federal Housing Administration (FHA) and its Home Equity Conversion Mortgage (HECM) program. federal government. Within the congressional justifications for the U.S. HUD is requesting $2.5 HUD is requesting $2.5 billion.

Mortgage 456
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Appraising Kitchens

Appraisal Today

While the timeline has not changed, we’ve updated previously provided quarters with specific dates to help the industry develop more detailed plans for implementation activities. Mandate: November 2, 2026 UAD 2.6 Mandate: November 2, 2026 UAD 2.6 Early 2025 Appraiser training starts. Early 2026 New UAD in full production.

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Eastside Light Rail Expansion Offers Hope for More Housing

Will Springer Realtor

The growth of transit is leading building developers to be busy today, planning residential and commercial projects. > Bosa Development, the U.S. based building developer, is preparing to demolish the Park Row Shopping Center on Bellevue Way Northeast and break ground on a 22-story, 143-unit luxury condo likely named Park Row.

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This is Not Your Grandparents’ URAR

Walitt Solutions

The 2025/ 2026 rollout of the Uniform Residential Appraisal Report (URAR) will be here before we know it, and Walitt Solutions is ensuring you, your colleagues, and partners are up-to-speed on this “report revolution.” We are scheduling in-person and online education offerings for groups for 2025. Have a question or problem?

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2024 Updated UAD and URAR – What does It Mean for You?

Appraisal Today

The overall timeline has not changed; however, we wanted to provide the industry with more milestone details to help in development, testing and training to prepare for the new UAD and Uniform Residential Appraisal Report (URAR). To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter.

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. The transformation is required at the end of 2026 with testing beginning late 2025. He has been around for a long time.

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“Death Stairs” for Appraisers

Appraisal Today

Newz: New URAR Training, “Death Stairs”, Catastrophe and Climate Risk November 22, 2024 What’s in This Newsletter (In Order, Scroll Down) LIA Buyer says value too high The Rise of the ‘Death Stairs’! As appraisers we are trained to look at the past (comps). But if you always look at the past, you can’t see the future.