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Results: 10 Articles found.

March 2017

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.

 
March 2017

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.

 

March 2017

Fed Expects to Unwind Trillions in MBS

Federal Reserve officials said the central bank may begin to reduce its mortgage-backed securities holdings, which total $1.75 trillion and were amassed as part of a quantitative easing program during the financial crisis, Bloomberg reported Feb. 5. However, some worry that the drawdown could harm the U.S. housing market.

 
March 2017

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.

 

March 2017

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.

 
March 2017

White House Eyes Rollback of Dodd-Frank

The Trump administration announced Feb. 3 that it plans to order a rollback of financial services industry regulations created under the Dodd-Frank Act, The Washington Post reported. The "fiduciary rule," which requires advisers to work in the best interest of their clients, also is being targeted.

 

March 2017

Home Prices Near Peak, New York Reports Highest Appreciation

Home prices grew 5.7 percent between January and November 2016 and are now within 0.3 percent of a new national peak, Black Night Financial Services reported Jan. 30 in its Home Price Index. Homes in New York saw the highest level of price appreciation month-over-month in November.

 
March 2017

Report Shows Strong Apartment Fundamentals

Apartment fundamentals are expected to remain strong this year, with rents rising faster than inflation and units experiencing healthy occupancy rates, according to real estate investment firm Marcus & Millichap, National Real Estate Investor reported Feb. 14.

 

March 2017

Distressed Sales Hit 9-year Low, Report Shows

Distressed sales made up 16.2 percent of all homes sold in 2016, marking the smallest percentage of such sales since 2007, analytics firm Attom Data Solutions reported Jan. 31 in its Year-End 2016 U.S. Home Sales Report.

 
March 2017

Denver Has Nation’s Hottest Suburb, Realtor.com Finds

Northeast Denver topped the list of the country's suburban hotspots, and its median home price jumped 27 percent between 2015 and 2016, Realtor.com reported Feb. 13. Suburban enclaves outside Dallas and San Francisco rounded out the top three.

 
Results: 10 Articles found.

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