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The Impact of Location on Property Appraisals

Appraisal Hub

When someone wants to find out how much a property is worth through property appraisal, one of the factors that most influences price is its location. What is a Property Appraisal? A property appraisal is when experts, called appraisers, come to your property and figure out how much it’s worth.

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FHA unveils Automated Underwriting System as part of modernization initiative

Housing Wire

Previously, the FHA integrated its Electronic Appraisal Delivery module to the Catalyst platform for lenders to submit, track and manage single-family property appraisals. After the ULAD and credit report information is obtained, the AUS will score the application using the FHA TOTAL mortgage scorecard.

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FHA announces launch of new appraisal technology solution

Housing Wire

This solution will allow lenders to electronically submit, track, and manage single-family property appraisals and will become available to FHA-approved lenders on Sept.

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Maintain that Workfile

Appraisal Buzz

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. The world is a dangerous place for appraisers.

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Government Agencies Release Mortgage Origination Data

Appraisal Buzz

The data also provides updated mortgage performance and credit information for a nationally representative sample of mortgage borrowers from the years 2013-2021. Since 2014, FHFA and CFPB have sent quarterly surveys to borrowers who recently obtained mortgages.

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HUD and FHFA Increase Transparency in Home Appraisals

Appraisal Buzz

Department of Housing & Urban Development (HUD) have released new appraisal data from loan applications on single-family mortgages submitted to HUD’s Federal Housing Administration (FHA). The data previously included only appraisals of properties where the loan would be acquired by Fannie Mae or Freddie Mac (GSEs).

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Xactus names chief operating officer

Housing Wire

He also held several senior executive roles at Kroll Factual Data, a national mortgage information company, including as a senior strategic executive and senior vice president of operations. “I’m Xactus provides solutions that include credit reporting, online verifications, fraud detection and property appraisal.

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