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Results: 541 Articles found.
Nov 04, 2015 12:30 PM

Living Area is Most Common Appraisal Report Adjustment

The living area is the most frequently adjusted home feature in appraisal reports, with 96.4 percent of appraisal reports warranting an adjustment, analytics firm CoreLogic reported Oct. 28. The report noted that adjustments to quality rating and overall condition of a home have the largest financial impact.

 
Nov 04, 2015 12:30 PM

CFPB Releases 2016 List of Rural, Underserved Counties

The Consumer Financial Protection Bureau on Oct. 29 released its updated list of the nation's rural and underserved counties, HousingWire reported. In September, the agency finalized changes to its mortgage rules to increase the number of financial institutions able to provide mortgages in rural and underserved areas.

 
Nov 04, 2015 12:30 PM

FHA Revising Condo Rules

The Federal Housing Administration is in the process of revising its condo rules, but the agency doesn't have a timeframe for completion, according to comments from U.S. Department of Housing and Urban Development Secretary Julian Castro at an Oct. 27 housing event in Washington, National Mortgage News reported.

 
Nov 03, 2015 08:00 AM

Time to Winterize is Now, Appraisal Institute Tells Homeowners

The nation’s largest professional association of real estate appraisers today encouraged consumers to winterize their homes now for cold weather ahead to increase comfort, save money and possibly increase value.

 
Oct 29, 2015 08:00 AM

Appraisal Institute Dictionary Updated to Enhance Appraisers’ Knowledge

“The Dictionary of Real Estate Appraisal,” sixth edition, published this week by the Appraisal Institute, includes more than 5,000 entries, 1,250 revised definitions and 450 new terms and has been updated for consistency with current professional standards documents and with Appraisal Institute materials.​

 
Oct 28, 2015 04:07 PM

FHFA Considering Appraisal Representations, Warranties

Federal Housing Finance Agency Director Melvin Watt, speaking at the Mortgage Bankers Association Annual Convention and Expo in San Diego Oct. 19, said his agency is conducting pilot programs that would consider representations and warranties for appraisals submitted to the government-sponsored enterprises.​

 
Oct 28, 2015 12:30 PM

Report: Green DC Homes Sell for More Green

Washington homebuyers are willing to pay nearly 3.5 percent more for high-performance homes, according to a report authored by Sandra K. Adomatis, SRA, and released Oct. 22 by the Institute for Market Transformation and the District of Columbia’s Department of Energy and Environment.

 
Oct 28, 2015 12:30 PM

FHA Abandons Insurance Claims Deadline

The Federal Housing Administration reportedly will abandon its plan to establish a deadline for lenders and servicers to file FHA insurance claims, citing mortgage industry concerns, HousingWire reported Oct. 19. In July, the FHA had proposed a three-month claims deadline.

 
Oct 27, 2015 08:00 AM

Appraisal Institute Bestows First Review Designation to Non-Designated Member

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has, for the first time, bestowed a review designation to a previously non-Designated member.

 
Oct 21, 2015 12:30 PM

White House Rejects Idea to Recapitalize, Release GSEs

The White House on Oct. 19 said that it has no plans to support the recapitalization of government-sponsored enterprises Fannie Mae and Freddie Mac or release them from conservatorship, HousingWire reported. Officials said the only acceptable path is comprehensive housing policy reform.

 
 
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