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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 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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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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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.

Tenants 446
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The appraisal revolution: How Opteon is transforming the lending landscape

Housing Wire

The efficiency and reliability of property appraisals are the linchpin to the success of a steady flow of mortgage transactions. Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process.

Lending 467
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Implementation deadline for appraisal review policy pushed to Oct. 31

Housing Wire

“Major stakeholders provided compelling feedback that additional time is necessary to properly meet the new expectations of the [May] ML due to staffing considerations, third-party coordination, and technology constraints,” FHA said in an informational notice.

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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.

Appraisal 417