Appraisal Process Modernization Mortgage Appraisal 
Housing Wire
MAY 24, 2022
A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. One mid-sized lender echoed the opinion of others that appraisals still take too long.
Appraiserblogs
MARCH 7, 2024
The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals. It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. Despite its roots in a methodology designed to support appraisers, Value.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MAY 23, 2022
A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together.
Housing Wire
MAY 25, 2022
Loan closings could not proceed until the VA issued its approval, which resulted in a drawn-out process. While the VA said it hopes to “improve the veteran experience” by modernizing its outdated procedures, some loans will still require pre-approval before closing.
AmeriMac
MARCH 29, 2024
One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan. Understanding reverse mortgages can be complex, but it essentially involves converting a portion of the home’s equity into usable cash.
Housing Wire
FEBRUARY 16, 2022
What role does appraisal tech have in creating customers for life? In this day and age where borrowers put speed and efficiency over anything, a slow appraisal process could reflect negatively on the lender and cause strain with the borrower. Presented by: Reggora.
Appraisal Buzz
JULY 15, 2024
Fannie Mae and Freddie Mac are not designing the software for the future, but they have provided the specification for the Uniform Appraisal Data set (UAD) they want to receive. It is up to appraisal software companies to develop solutions to provide this specific data set.
Expert insights. Personalized for you.
500 
Let's personalize your content