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Results: 425 Articles found.
Aug 24, 2016 12:30 PM

FEMA Proposes New Rules for Construction in Flood Zones

The Federal Emergency Management Agency proposed regulations Aug. 22 that would require developers and homeowners using federal funds for construction projects in flood zones to build on higher ground - in some cases as much as two feet higher than 100-year floodplains.

 
Aug 24, 2016 12:30 PM

ASB Releases Second Exposure Draft on 2018-19 USPAP

The Appraisal Standards Board of The Appraisal Foundation on Aug. 16 released its second exposure draft on proposed changes for the 2018-19 edition of the Uniform Standards of Professional Appraisal Practice. Changes in this version primarily address draft reports and preliminary communication of an appraiser’s assignment results. Comments are due Oct. 21.

 
Aug 24, 2016 12:30 PM

Fannie Mae: Expect Economic Rebound

Economic growth is expected to rebound for the remainder of the year thanks to a higher than expected July jobs report, credit expansion, improving labor market conditions and strengthening household finances, Fannie Mae reported Aug. 18 in its newest Economic and Housing Outlook report.

 
Jul 13, 2016 12:30 PM

AQB Alters Supervisory Appraiser Criteria

The Appraiser Qualifications Board of The Appraisal Foundation on June 24 adopted changes to the Real Property Qualification Criteria, altering the minimum requirements for supervisory appraiser qualification.​

 
Jul 06, 2016 12:30 PM

NY Adopts Law to Combat Zombie Foreclosures

New York Gov. Andrew Cuomo on June 23 signed into law legislation that reforms the state’s foreclosure processes and imposes a pre-foreclosure duty on banks and servicers to maintain “zombie” homes — properties vacated as a result of foreclosure, HousingWire reported June 27.

 
May 18, 2016 12:30 PM

Gap Between Appraiser, Homeowner Value Opinions Drops

The disparity between appraiser and homeowner opinions of property value slightly narrowed during the past month, with appraiser valuations only 1.95 percent lower than homeowner estimates in April, down from 2.17 percent in March, Quicken Loans reported May 10 in its Home Price Perception Index

 
Apr 13, 2016 12:30 PM

Goldman Sachs Reaches $5 Billion MBS Settlement

Goldman Sachs and the U.S. Department of Justice on April 11 agreed to a $5 billion settlement that resolves claims related to the bank's sale of toxic residential mortgage-backed securities to investors, HousingWire reported.

 
Aug 19, 2015 12:30 PM

Mandatory Registration Begins for FHA Appraisal Portal

The mandatory registration period for the Federal Housing Administration's Electronic Appraisal Delivery portal began Aug. 17, and all FHA-approved mortgagees must register for and participate in a 60-day onboarding phase to familiarize themselves with the portal, HousingWire reported. Onboarding begins Oct. 15 and all users must be registered by June 26, 2016.

 
Aug 19, 2015 12:30 PM

Gap Widens between Homeowner, Appraiser Opinions

The gap between homeowner and appraiser opinions of home values has nearly doubled since May, mortgage lender Quicken Loans reported Aug. 11 in its Home Price Perception Index. The discrepancy was attributed to homeowners seeing national headlines about increased home values.

 
Aug 19, 2015 12:30 PM

Bank of America Sells Appraisal Business

Bank of America announced Aug. 8 that it's selling its real estate appraisal business to analytics firm CoreLogic for an undisclosed sum, the Charlotte Observer reported. The bank acquired the business in 2008 through its acuisition of mortgage company Countrywide Financial Corp.

 
 
Results: 425 Articles found.

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