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Results: 116 Articles found.
Feb 08, 2017 12:30 PM

Fannie Mae Selling Guide Addresses Appraiser Trainees, Adjustments

The updated Fannie Mae Selling Guide released Jan. 31 clarifies rules for property inspections by appraiser trainees and dollar adjustments for financing or sales concessions. All clarifications and updates are effective immediately.

 
Feb 08, 2017 12:30 PM

State Agency Warns Appraisers of 'Phishing Scheme'

The California Bureau of Real Estate Appraisers on Jan. 31 issued guidance to appraisers across the country who received an email stating that a complaint had been filed against their practice.

 
Feb 08, 2017 12:30 PM

Fannie Mae Unveils Updated Collateral Underwriter

Fannie Mae announced Jan. 31 enhancements to Collateral Underwriter, including updates to property value representations and warranties as well as user interface enhancements. Version 4.1 is scheduled for release the weekend of March 25.

 
Feb 01, 2017 12:30 PM

Mortgage Market in 'Disarray,' Analysts Say

Mortgage markets are in greater "disarray" now than in 2008, according to analysts from the financial firm Rafferty Capital Markets, Yahoo Finance reported Jan. 25. Concerns focused on a breakdown in mortgage rules and mortgage insurance, and the inability of Fannie Mae and Freddie Mac to back loan guarantees.​

 
Feb 01, 2017 12:30 PM

Data Center Sector to Expand, JLL Reports

The data center sector is projected to grow very quickly amid "soaring" cloud use by big data companies and increased use of mobile devices, according to real estate services firm JLL, MBA NewsLink reported Jan. 26.

 
Feb 01, 2017 12:30 PM

Hotel Lender Outlook 'Cautious:' Data Firm

Lenders are taking a "cautious" attitude about hotel lending, shifting their views from "confident" due to a belief that asset values have peaked as well as concerns about the overall economic outlook, according to a survey from hotel data firm STR, MBA NewsLink reported Jan. 26.

 
Jan 25, 2017 12:30 PM

Beige Book Shows Mixed Results for Residential, Commercial Sectors

Sales and construction of residential real estate were mixed across most Fed districts, except in San Francisco where activity remained strong, the Federal Reserve reported Jan. 18 in its newest Beige Book. Commercial real estate across most districts was stable, but especially strong in Atlanta and Cleveland.

 

Deutsche Bank Finalizes $7.2B RMBS Settlement

Deutsche Bank on Jan. 17 finalized a $7.2 billion settlement with the U.S. Department of Justice for allegedly making false and misleading statements to investors about mortgage loans it securitized from 2005 to 2007, HousingWire reported. The bank will pay a $3.1 billion civil penalty and provide $4.1 billion in consumer relief.

 
Jan 25, 2017 12:30 PM

Credit Suisse Accepts $5.3B Penalty over Mortgage Practices

Credit Suisse on Jan. 18 accepted a $5.3 billion settlement offer from the U.S. Department of Justice over allegations that it misled investors over residential mortgage-backed securities, Reuters reported. Credit Suisse will pay a $2.48 billion cash penalty and provide $2.8 billion in consumer relief.

 
Jan 18, 2017 12:30 PM

Updated HUD Standards Allow More Noise, Amenities

The U.S. Department of Housing and Urban Development changed its noise standards to reflect the market shift toward urban sensibilities and environments where noise levels generally are higher, MBA NewsLink reported Jan. 12. As a result, developers will be able to add more balconies and other exterior amenities.

 
 
Results: 116 Articles found.

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