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Results: 590 Articles found.
Mar 22, 2017 12:30 PM

Appraisal Institute Urges Caution on Appraisal Threshold

The Appraisal Institute on March 21 responded to the Federal Financial Institutions Examination Council's Joint Report to Congress by cautioning federal regulators against increasing from $250,000 to $400,000 the appraisal threshold for commercial real estate transactions. The report indicated the threshold for residential real estate transactions would remain unchanged.

 
Mar 08, 2017 12:30 PM

Detroit Offers Buyers Separate Purchase, Renovation Mortgages

Detroit Mayor Mike Duggan on Feb. 18 announced the city's new mortgage program, which allows borrowers to take out two mortgages when buying a home - one for the purchase price and one for renovations - and the combined mortgages can exceed the appraised value of the house, MarketWatch reported.

 
Feb 22, 2017 12:30 PM

Fed Sees CRE Valuations as 'Area of Concern'

Federal Reserve Chair Janet Yellen told Congress Feb. 14 during the central bank's semiannual Monetary Policy Report that commercial real estate valuations have been an increasing area of concern during the past year, Reuters reported. Yellen further noted that commercial property prices are a growing concern.

 
Jan 11, 2017 12:30 PM

Fed Expects Economy to Grow, not Boom Under Trump

Notes from the Federal Reserve's mid-December meeting indicate that Donald Trump's presidency is expected to foster economic growth but not create the boom the president-elect has promised, The New York Times reported Jan. 4. The Fed indicated it will raise rates faster if growth accelerates.

 
Aug 31, 2016 12:30 PM

Fixed Mortgage Rates Unchanged

Average fixed mortgage rates were unchanged during the past week, remaining near historic lows ahead of Fed Chair Janet Yellen's comments on a possible rate hike, Freddie Mac reported Aug. 25 in its Primary Mortgage Market Survey.

 
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.

 
Aug 17, 2016 12:30 PM

Fannie, Freddie May Require Billions in Crisis Bailout

The Federal Housing Finance Agency on Aug. 8 released stress test results for government-sponsored enterprises Fannie Mae and Freddie Mac that showed the GSEs could need as much as $125.8 billion in bailout money during a severe economic downturn, Bloomberg reported. FHFA said the minimum bailout figure would be $49.2 billion.

 
Aug 17, 2016 12:30 PM

Six CRE Trends for Rest of 2016 Identified

Global economic and political uncertainties, the ever-changing retail sector and volatile energy markets are three of the key trends that will play significant roles in commercial real estate for the upcoming year, the Urban Land Institute reported Aug. 10. Other expected trends include steady interest rates and limited supply growth.

 
 
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