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Results: 99 Articles found.
Apr 15, 2015 12:30 PM

GE to Sell Real Estate Portfolio

General Electric is nearing a deal to sell its $30 billion real estate portfolio to a group led by private-equity firm Blackstone and Wells Fargo, Reuters reported April 9. The sale would be the largest commercial real estate deal since Blackstone's 2007 purchase of Equity Office Properties Trust.

 
Apr 14, 2015 08:00 AM

Appraisal Institute Expands ‘Green’ Education Offerings

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today announced it has extended its partnership with Build It Green, a California-based “green” building organization, enabling more valuation professionals to take relevant education courses.

 
Apr 08, 2015 12:30 PM

Golding Likely to Lead FHA

The White House and the U.S. Department of Housing and Urban Development plan to name senior HUD advisor Edward Golding as head of the Federal Housing Administration, HousingWire reported March 26.

 
Apr 08, 2015 12:30 PM

Credit Program Expected to Impact Millions of Consumers

Financial data firms FICO, LexisNexis Risk Solutions and Equifax announced a pilot program April 1 that potentially could help millions of consumers qualify for mortgages, HousingWire reported.

 
Apr 08, 2015 12:30 PM

Retail Investment Up, Underwriting Standards Down

Investment in retail properties grew 16 percent between 2013 and 2014, and competition among lenders to make retail real estate loans led to a "modest" easing in underwriting standards last year, according to real estate investment firm Marcus & Millichap, MBA NewsLink reported April 2.

 
Apr 01, 2015 12:30 PM

Electronic Appraisal Submissions Coming June 2016

The Federal Housing Administration will require appraisals for single-family homes to be submitted through an online electronic delivery portal starting in June 2016, the U.S. Department of Housing and Urban Development announced March 26.

 
Apr 01, 2015 12:30 PM

Virginia Enacts Law on Reasonable and Customary Fees

Virginia Gov. Terry McAuliffe on March 23 signed into law S.B. 1445, which requires appraisal management companies operating in the state to compensate appraisers at a reasonable and customary rate. ​

 
Apr 01, 2015 12:30 PM

Fannie, Freddie Likely to Remain in Conservatorship

Sen. Richard Shelby, R-Ala., chair of the Senate Banking Committee, said he’d rather leave the government-sponsored enterprises in conservatorship than pass a bill that includes specific government support for the housing market, Bloomberg reported March 25. Bloomberg noted the comments appear to confirm that the GSEs will remain under federal control for years.

 
Mar 31, 2015 08:00 AM

Lack of Data Complicates Valuation of Green Homes: The Appraisal Journal

Valuation professionals, real estate agents and homebuyers face challenges in the process of valuing, selling and purchasing green and energy-efficient homes due to a lack of comparable properties and a lack of data, according to an article published this week in The Appraisal Journal.

 
Mar 25, 2015 12:30 PM

Report: Fannie, Freddie Might Need another Bailout

Fannie Mae and Freddie Mac may need another taxpayer bailout due to increased risks caused by shrinking reserves, according to a report from the Federal Housing Finance Agency Office of Inspector General, Reuters reported March 18. The government-sponsored enterprises received a $187 billion taxpayer bailout in 2008.

 
 
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