Development 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. “It
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. Sponsored Video.
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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. appeared on Appraisers Blogs.
Housing Wire
SEPTEMBER 21, 2021
Meanwhile, lenders can electronically submit, track and manage single-family property appraisals, the FHA said. The announcement comes after more than a year’s worth of efforts by the FHA to streamline and modernize their FHA loan origination and claims process.
Housing Wire
FEBRUARY 16, 2022
In February , Lopa Kolluri, principal deputy assistant secretary at the FHA, acknowledged the delays, but said that the administration is back on track with their modernization initiative. “I The post FHA delays mandatory use date for FHA Catalyst appraisal submission appeared first on HousingWire.
Housing Wire
AUGUST 2, 2022
“The Vanguard Forum convenes at one of the most consequential moments in the history of the modern housing market,” said Clayton Collins, CEO of HW Media. “As They come from all corners of the industry, including mortgage, appraisal, real estate, finance and more.
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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