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Decoding Property Appraisal for REO Properties

AmeriMac

Real Estate-Owned (REO) properties are distressed homes acquired by lenders after failed auctions. Different from traditional transactions, they are owned by financial institutions or government agencies like Freddie Mac or HUD. That’s why a complete home inspection is essential when looking at REO properties.

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

GSEs (Government Sponsored Enterprises, including Fannie Mae and Freddie Mac), in their current modernization initiatives, are piloting instituting these types of “bifurcated” data-collection processes.

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Common USPAP Appraiser Violations

Appraisal Today

If your home was appraised for a refinance or new mortgage in recent years, the lender likely sent a “property data collector” to take photos of your kitchen, living room, and each of your bedrooms and bathrooms. Appraisal is defined as the act or process of developing an opinion of value, or the opinion of value itself. An opinion.

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Meet MortgagePoint’s Tech Excellence Award Recipients: Part II

Appraisal Buzz

Recognizing the most innovative technology providers in the mortgage industry, MortgagePoints Tech Excellence Awards highlight the companies that have developed cutting-edge solutions, improved operational efficiencies, and have enhanced the mortgage process through technology. What Sets ITWox Inc.