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Results: 110 Articles found.
Jan 14, 2015 12:30 PM

Montana Mulls Updates to Appraiser Licensing and AMC Laws

During its 2015 session, the Montana legislature will consider House Bill 29, which would revise the state’s appraiser licensing and appraisal management company oversight laws, the Appraisal Institute reported Jan. 8.

 
Jan 14, 2015 12:30 PM

FHA to Reduce Annual Insurance Premiums

The U.S. Department of Housing and Urban Development on Jan. 8 said that the Federal Housing Administration will lower by a half-percent the annual premiums borrowers will pay. This action is projected to save more than two million FHA homeowners an average $900 annually and spur 250,000 homebuyers to purchase a home over the next three years.

 
Jan 14, 2015 08:00 AM

Appraisal Institute Members Contribute to Landmark Solar Valuation Study

Two members of the Appraisal Institute contributed to a landmark study released Tuesday by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory that found that home buyers consistently have been willing to pay more for homes with host-owned solar photovoltaic energy systems.

 
Jan 07, 2015 12:30 PM

FHFA Warns Against ‘Super Priority’ Liens

The Federal Housing Finance Agency issued a warning Dec. 22 to homeowners, financial institutions and state authorities regarding super priority liens created by energy retrofit programs or homeowner associations. The FHFA expressed concern that such liens can sometimes force a Freddie Mac or a Fannie Mae lien into a risky secondary position.

 
Jan 07, 2015 12:30 PM

Ambac Sues Bank of America over Faulty Mortgage Bonds

Insurance firm Ambac Assurance Corp. filed suit against BofA Dec. 30 in an effort to recover hundreds of millions of dollars it lost during the financial crisis from insuring approximately $1.68 billion of securities backed, in part, by risky mortgages issued by Countrywide, Reuters reported Dec. 31.

 
Jan 07, 2015 12:30 PM

CoreLogic: Top Housing Market Drivers in 2015

More millennials are expected to enter the housing market in 2015, analytics firm CoreLogic reported Dec. 29 in its 2015 Housing Outlook. The prediction was one of several the firm identified for the coming year; among the others: housing will benefit from oil price drops and Houston will be the most interesting housing market to watch.

 
Dec 17, 2014 12:30 PM

Fannie Mae Adjusts Comparative Sales Guidelines, Solar Policy

Fannie Mae released on Dec. 16 its updated Selling Guide for single-family homes, which includes an adjustment to comparable sales that eliminated the 15 percent net and 25 percent gross adjustment guidelines. It also clarified its policy on the valuation of homes with solar panels.

 
Dec 17, 2014 12:30 PM

Ratings Agency Suspension Could Damper CMBS Outlook

While commercial mortgage-backed securities have experienced a major boost over the past few years, a move by the U.S. Securities and Exchange Commission to suspend ratings agency Standard & Poor’s abilities to rate CMBS could dampen future growth, commercial real estate data firm CoStar Group reported Dec 10.

 
Dec 17, 2014 12:30 PM

GSEs Introduce 3 Percent Down Payment Programs

The Federal Housing Finance Agency announced Dec. 8 that Fannie Mae and Freddie Mac will offer new mortgage programs that allow individuals to make down payments of only 3 percent in a bid to help first-time and lower-income buyers enter the housing market, The Wall Street Journal reported.

 
Dec 10, 2014 12:30 PM

AQB Proposed Background Checks Focus on ‘Public Trust’

The Appraiser Qualifications Board of The Appraisal Foundation released on Dec. 2 a new exposure draft of proposed revisions to the 2015 Real Property Appraiser Qualification Criteria. Included among the revisions is a requirement that all applicants for real property appraiser credentials have a background that does not call into question public trust.

 
 
Results: 110 Articles found.

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