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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. These methods provide a solid foundation for demonstrating how changing market conditions affect property values over time.

Appraisal 358
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The appraisal revolution: How Opteon is transforming the lending landscape

Housing Wire

The efficiency and reliability of property appraisals are the linchpin to the success of a steady flow of mortgage transactions. Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process.

Lending 465
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CFPB, FHFA release updated mortgage originations survey data

Housing Wire

The purpose is to gather feedback on a series of ideas about the market, including consumer experiences of the mortgage process, future expectations and perceptions of the wider market. On a quarterly basis since 2014, the FHFA and the CFPB have sent surveys to borrowers who recently obtained mortgage financing.

Mortgage 422
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Velox Valuations Expands Nationwide: New Franchises Launch in Nashville and San Diego

Appraisal Buzz

The company, operating in over 26 states, continues to build on its reputation for delivering fast, reliable, and credible property appraisals. In Nashville, Jason Covington, a local resident and seasoned appraisal industry professional, is launching the franchise after years of successful experience running his own appraisal business.

Valuation 195
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Will hybrid appraisals become the new normal?

Housing Wire

According to FHFA director Mark Calabria, modernizing the appraisal process has the potential to create a more “streamlined and accurate collateral valuation process.” The comments we receive will inform how we will modernize appraisals to improve both loan quality and the origination process.”.

Appraisal 482
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Here are 7 trends to watch in the 2022 appraisal market

Housing Wire

The tides of the mortgage industry are changing as we head into 2022, and just like the sand under the waves, we can expect the appraisal landscape to shift along with it. Appraisers, like many other service providers, must adapt to market changes to accommodate their clients’ needs. 2022 Outlook for volume. Turn times.

Appraisal 435
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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Last month, the Federal Housing Finance Agency released plans, developed by Fannie Mae and Freddie Mac , to make the housing market more equitable, in part through changes to the appraisal process.