Housing Wire

JULY 22, 2024

The wider appraisal industry itself is preparing for new appraisal forms, which should be introduced next year. These forms are developed less as a form-filling process and more as an intelligent data collection method.” “There continues to be consolidation in the AMC world,” he said. That trust was founded, Morin added.

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Housing Wire

AUGUST 6, 2024

A policy designed for lenders to review and respond to borrower-initiated reconsideration of value (ROV) requests for appraisals — originally scheduled to be implemented between Aug. 29 and Sept. 2 — has been pushed back to Oct. The policy — announced in May by the U.S.

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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. Really, appraisers have always thought this way.

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Appraisal Buzz

JULY 15, 2024

I had just returned from college, and back then, there was no appraisal software available. We had to do it ourselves in the beginning, developing our own local software using DOS. It is up to appraisal software companies to develop solutions to provide this specific data set.

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Housing Wire

SEPTEMBER 21, 2021

According to the administration, this gave mortgagees and their designated technology service providers time to make “necessary adjustments to their systems and processes, including onboarding activities.”. The FHA Catalyst platform has been a bright spot in the Department of Housing and Urban Development ’s outdated IT structures.

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Appraiserblogs

MARCH 7, 2024

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. million armed robbery of a… Certified Appraisers vs.

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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. Unlike traditional mortgages, there are no monthly mortgage payments required with a reverse mortgage, which can provide financial flexibility for retirees.

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