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Results: 175 Articles found.

Appraisers Able to Access RESNET Home Energy Ratings Database

The Residential Energy Services Network announced Oct. 28 that its National Registry is open to the public, which gives appraisers performing “green” property valuations access to valuable home energy ratings data. RESNET is the recognized national standards-making body for building energy-efficiency rating and certification systems in the U.S.

 

Report: Mortgage and Valuation Fraud Increase

Instances of mortgage and appraisal fraud are on the rise, CoreLogic reported Oct. 28 in its 2014 Mortgage Fraud Report. During the second quarter, an estimated 11,100 mortgage applications, or 0.69 percent of all mortgage applications, contained fraud, as compared with 19,700 or 0.67 percent in the second quarter of 2013, when the total application volume was substantially higher.

 
Nov 04, 2014 08:00 AM

Appraisal Institute Encourages Consumers To Plan Now for Home Winterization

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged consumers to winterize their homes to potentially reduce energy costs, increase comfort in cold months and possibly improve resale value.

 
Oct 22, 2014 12:30 PM

FHA Insurance Fund Close to Achieving Required Minimums

After taking $1.7 billion in taxpayer funds last year to balance its books, the Federal Housing Administration is close to replenishing its troubled insurance fund to minimum required levels, according to a report by ratings firm Moody’s Analytics, Bloomberg reported Oct. 16.

 
Oct 22, 2014 12:30 PM

Valuations Part of New Rules for Nontraded REITs

The U.S. Securities and Exchange Commission approved a rule change that provides investors with greater insight into the costs of unlisted real estate investment trusts, Investment News reported Oct. 14. The change allows the use of two methodologies, including appraised value.

 
Oct 22, 2014 12:30 PM

FHFA Announces Plans to Reduce Lender Liability

A plan announced by the Federal Housing Finance Agency Oct. 20 would clarify the representation and warranty framework for Fannie Mae and Freddie Mac so as to limit lender confusion and liability on loan buybacks, HousingWire reported.

 
Oct 21, 2014 08:00 AM

New Appraisal Institute Book Addresses Latest Methods for Valuing Contaminated Properties

Properties impacted by contamination raise challenging appraisal issues, according to a new book from the nation’s largest professional association of real estate appraisers.

 
Oct 08, 2014 12:30 PM

Fed Faulted for Badly Executing Foreclosure Settlements

The Federal Reserve's Office of the Inspector General faulted the regulatory agency for poorly preparing, managing and executing settlements in 2013 with 13 financial firms over foreclosure errors, Bloomberg reported Oct. 2.

 
Oct 08, 2014 12:30 PM

Report: Home Prices Undervalued by 3 Percent

Home prices nationwide are undervalued by an average 3 percent, the real estate site Trulia reported Oct. 1. Conversely, the report noted that around 7 percent of the nation's 100 largest metro areas have homes that are more than 10 percent overvalued.

 
Oct 08, 2014 12:30 PM

Lawsuit Challenging Fannie, Freddie Profits Dismissed

A judge dismissed a lawsuit Sept. 30 that challenged the way profits from Fannie Mae and Freddie Mac were funneled to the U.S. Department of the Treasury, Mortgage News Daily reported. The lawsuit was filed by investors who claimed the profit-funneling violated terms of the 2008 conservatorship agreement for the government-sponsored enterprises.

 
 
Results: 175 Articles found.

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