Housing Wire

MAY 24, 2022

The main benefit of appraisal modernization, according to the first-quarter sentiment survey , is that it will help shorten the loan origination cycle time. One mid-sized lender echoed the opinion of others that appraisals still take too long.

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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.

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Appraisal Buzz

APRIL 15, 2024

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. Most appraisers have diversity in their business channels.

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Housing Wire

NOVEMBER 8, 2021

A lot of the misconceptions about working with VA loans center on the VA appraisal process – which differs from conventional mortgage appraisals – as well as the time it will take for a transaction to close. VA loans are secured by the VA, and statutorily must be appraised by the VA and not just any appraiser. “I

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Housing Wire

FEBRUARY 8, 2022

“If the Realtor says there are hardwood floors throughout, and the appraiser puts that in the appraisal report and it’s not the case, that’s a problem,” Dicks said. Some have also touted he cost benefits that desktop appraisals could bring. Appraisers are also likely to balk at another pay cut.

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AmeriMac

JANUARY 30, 2024

What is a Reverse Mortgage Appraisal? A reverse mortgage appraisal is an evaluation of a property’s value to determine how much money can be borrowed through a reverse mortgage. The appraisal is important because it helps lenders assess the risk associated with the reverse mortgage loan.

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Housing Wire

MARCH 21, 2022

Loni Pincocki, a Michigan-based appraiser, said that if UWM continues to partner with the software company she won’t be using UWM’s appraisal program. I’m already nickel-and-dimed to death as an appraiser,” she said. Zitin noted that while this may be an operational investment for some lenders, there are advantages.

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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.

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Miller Samuel

APRIL 27, 2019

It sent shockwaves through the AMC-types because, in my view, it effectively destroyed their ability to hide how much they are gouging the consumer and how little the appraiser gets from the actual "appraisal fee" (typically less than half). This is why we need consumer protection in the mortgage business.

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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.

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Birmingham Appraisal

AUGUST 23, 2023

This can come in the form of a pre-listing appraisal to help establish a market-supported asking price for the seller. The appraisal can also give potential buyers peace of mind that the home is accurately priced and will most likely not have any value issues when the mortgage appraisal is performed.

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Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Who is the Appraisal for? Steps in the Appraisal Process.

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AmeriMac

AUGUST 17, 2023

Are you considering a reverse mortgage but unsure of what role appraisal plays? In this post, we will cover everything you need to know about reverse mortgage appraisal. We will start by discussing the basics of reverse mortgages and who can benefit from them. Why an Appraisal is Crucial for a Reverse Mortgage?

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Padove Appraisal Service

FEBRUARY 27, 2023

When selecting an appraiser, it’s important to choose someone who is licensed and qualified to perform the type of appraisal you need. Many appraisers’ professional experiences are limited to mortgage appraisals. They may not be familiar with reporting requirement for other appraisal purposes.

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Appraisal Hub

MARCH 19, 2023

By providing precise and impartial evaluations, residential appraisals in Toronto also safeguard the interests of all parties involved. Keep reading to find out more about its significance and understand the appraisal process. How Do Banks And Other Lenders Use Appraisals? Appraisal Hub Inc.

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McKissock

JULY 28, 2022

There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. The mortgage appraisal forms we use today were designed in 2005 using technology and mortgage processes in place at the time.

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McKissock

APRIL 20, 2021

But with a majority of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. Here are ten tips designed to help you improve your appraiser score, get more assignments close to home, and earn more money working with AMCs.

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AmeriMac

MAY 15, 2024

In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry. We will also discuss the key differences between relocation appraisals and mortgage appraisals to provide a comprehensive understanding of the appraisal process.

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McKissock

DECEMBER 28, 2021

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.

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AmeriMac

SEPTEMBER 30, 2023

This blog post will explore the importance of relocation appraisal and its purpose and approach. We’ll also discuss how it differs from mortgage appraisal, specifically designed to facilitate mortgage lending. How is a Relocation Appraisal Different from a Mortgage Appraisal?

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AmeriMac

JULY 31, 2024

Relocation appraisals play a vital role in the relocation industry by determining a property’s fair market value. These aren’t your everyday mortgage appraisals; they look into many details that matter when companies move their employees around.

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Appraisal Today

MARCH 15, 2024

Kiedrowski 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.

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Birmingham Appraisal

APRIL 11, 2023

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Appraisers will use the most recent sales available so it stands to reason that agents should do this as well.

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Appraisal Today

JUNE 28, 2024

. == == Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read the listing with 44 photos, Click Here = The Illogical Reality of Mortgage Appraisal Reviews By Dallas T. Private Island on New York’s St.

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AmeriMac

MAY 30, 2021

This is on top of our many other services that we have to offer, which include: residential appraisals. commercial appraisals. desktop appraisals. reverse mortgage appraisals. We encourage you to reach out to the AmeriMac Appraisal Management team at (866) 395-3773. litigation support services.

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AmeriMac

MAY 30, 2021

This is on top of our many other services that we have to offer, which include: residential appraisals. commercial appraisals. desktop appraisals. reverse mortgage appraisals. We encourage you to reach out to the AmeriMac Appraisal Management team at (866) 395-3773. litigation support services.

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AmeriMac

MAY 30, 2021

This is on top of our many other services that we have to offer, which include: residential appraisals. commercial appraisals. desktop appraisals. reverse mortgage appraisals. We encourage you to reach out to the AmeriMac Appraisal Management team at (866) 395-3773. litigation support services.

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AmeriMac

JULY 25, 2022

This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions. What Is an Appraisal? An appraisal is the fair valuation of a property based on a professional’s opinion, mainly if the payment method includes a mortgage.

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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.

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Housing Wire

SEPTEMBER 15, 2021

That’s why HousingWire invited Rachel Robinson, director, collateral policy and product development at Rocket Mortgage , to HW Annual to discuss how technology can play an important role in the appraisal process and help eliminate discriminatory practices. .

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Appraisal Hub

JUNE 18, 2024

At Appraisal Hub Inc., we offer specialized services such as commercial appraisals , home and mortgage appraisals , estate settlement appraisals, divorce appraisals , and capital gain appraisals. The Appraisal Process at Appraisal Hub Inc.

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Appraisal Today

JANUARY 17, 2025

The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process. Below is a detailed explanation of each technique to ensure the adjustments are well-supported and align with market trends.

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