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Erik Morin reflects on his return to the reverse mortgage appraisal space

Housing Wire

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.” I’ve been mostly focused on the present, which is building Atlas.”

Appraisal 447
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Lenders mandated to use FHA Catalyst for appraisals

Housing Wire

How increased regulation presents a huge opportunity for lenders. Growing and investing in relationships and communities in the long term is one of the many opportunities presented by stricter fair lending regulations. Presented by: iEmergent. Learn more here!

Appraisal 476
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Fannie Mae extends relaxed appraisal, lending standards

Housing Wire

HousingWire recently spoke with CoreLogic’s Chief Appraiser Shawn Telford about re-examining traditional appraisal workflows in light of the changes brought on by COVID-19. Presented by: CoreLogic. HousingWire reached out to the company, and will update this story with any new developments.

Lending 540
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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

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.

Appraisal 397
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The New UAD: “Don’t Borrow Trouble.”

Appraisal Buzz

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 reminds me to focus on the present and not jump to conclusions about future uncertainties. It was my father’s vision that we would “computerize.”

Appraisal 363
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FHA delays mandatory use date for FHA Catalyst appraisal submission

Housing Wire

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. This article explores how appraisal tech can streamline the appraisal process and ensure repeat customers. Presented by: Reggora.

Appraisal 370
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CFPB reverses pandemic flexibilities, vowing enforcement

Housing Wire

Presented by: Proctor Loan Protector. The CFPB also now intends to take enforcement action against land developers subject to the Interstate Land Sales Full Disclosure Act under Regulation J. Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI).

Insurance 435