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FHFA Re-Issues Rule on Suspended Counterparty Program

Appraisal Buzz

“Amending the Suspended Counterparty Program will help strengthen FHFA’s ability to protect its regulated entities from risks presented by other businesses that engage in misconduct,” said FHFA Director Sandra L. housing finance system.”

Finance 433
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Role Play: Appraisers and their Intended Uses

Appraisal Buzz

In truth, human appraisers fill two vitally important roles today, (1) we collect information and (2) we analyze it so it can be presented to our clients. In fact, we’ll be even more important because unlike the automotive industry, we have no standardized approach to the collection and development of real property data.

Appraisal 397
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What it’s like originating reverse mortgages in Montana

Housing Wire

Population centers like Bozeman and Billings may have more tract homes, but that is a relatively recent development, DeWolf explained. Montana automatically declares these as real property once they are permanently affixed, but the government requires the de-titling paperwork.

Mortgage 435
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The Value of Words in Valuation

Appraisal Buzz

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Summary, What Does it Mean? I do several reviews every month and most normally fail to meet minimum standards.

Valuation 360
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FHFA Seeks Comment on Revised Amendments to Suspended Counterparty Program

Appraisal Buzz

Amending the Suspended Counterparty Program will help strengthen FHFA’s ability to protect its regulated entities from risks presented by other businesses that engage in misconduct,” says Sandra L. Thompson, director of the FHFA, in a statement. housing finance system.”

Finance 195
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Remote online notarization is the proper path forward for digital closings

Housing Wire

Presented by: Snapdocs. The strong standards in the bill are important to prevent fraud and offer consumers a more secure alternative rather than simply using free online audio-audio technology when buying property or refinancing a mortgage. Prior to the pandemic, ALTA and MBA saw a need to develop model RON legislation.

Law 468
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Tips for Making a Successful Transition to a New City After a Personal Low Point

Cleveland Appraisal Blog

For many individuals, moving to a new city presents an opportunity to start over and leave behind a challenging past. Experiment With Various Activities A new city presents the perfect opportunity to try out different activities and hobbies. Relocating is not easy. But it can be successful. I hope you enjoy June’s article!