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Results: 280 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.

 
Dec 09, 2015 12:30 PM

Fed Restricts 'Too Big To Fail' Bailouts

The Federal Reserve Board of Governors on Nov. 30 approved a final rule restricting its emergency lending program from bailing out troubled financial institutions, HousingWire reported. The Fed will cease financial support to specific companies, and will only consider emergency lending for "broad-based" issues impacting larger market concerns.

 
Dec 09, 2015 12:30 PM

Quicken Loans May Ditch FHA Loan Program

Quicken Loans is considering leaving the Federal Housing Administration's first-time homebuyer program after voicing concerns about the FHA's methods for resolving unpaid loan obligations, Reuters reported Dec. 2. Quicken joins JPMorgan Chase, Bank of America and Wells Fargo in voicing frustration with the program.

 
Dec 09, 2015 12:30 PM

HUD Warns of Fraudulent, Inflated Reverse Mortgage Appraisals

The Office of the Inspector General for the U.S. Department of Housing and Urban Development on Nov. 30 warned of fraudulent appraisals being used to boost loan amounts for the refinancing of HUD's Home Equity Conversion Mortgages, HousingWire reported. Some appraised values were inflated by 60 to 100 percent more than actual market values.

 
 
Results: 280 Articles found.

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