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Results: 12 Articles found.

Dec 19, 2018

Department of Veterans Affairs Drops Fannie Mae Form 1004MC Requirement

The U.S. Department of Veterans Affairs announced Dec. 11 that, effective immediately, it will no longer require appraisers to include Fannie Mae Form 1004MC in VA appraisal reports. However, appraisers still are responsible for analyzing and accurately reporting market conditions.

Dec 19, 2018

Fannie Mae Issues Special Newsletter Focused on Rural Appraiser Concerns

Fannie Mae on Dec. 10 released a special Appraiser Update e-newsletter focused on rural appraising. The issue provides guidance on numerous issues affecting rural appraisers, including highest and best use, standards for comparable selection, data sources, adjustments and reconciliation.


Dec 19, 2018

FHA Increases Loan Limits for 2019

The Federal Housing Administration on Dec. 14 announced new loan limits for 2019, with most of the country seeing increases. Effective Jan. 1, the new loan limit will increase to $314,827, up from $294,515 this year. In high-cost areas, the new loan limit will increase to $726,525, up from $679,650.

Dec 19, 2018

BCFP Seeks Comments on Plans to Boost Financial Services Innovations

The Bureau of Consumer Financial Protection announced it is seeking comment by Feb. 11 on proposed no-action letters that are designed to boost innovation in financial markets by reassuring service providers that they wouldn’t face action for trying new products as long as they are transparent and comply with existing rules.


Dec 19, 2018

Lenders Expect Lower Profits for Ninth Consecutive Quarter: Fannie Mae

Mortgage lender profits are expected to fall for the ninth consecutive quarter due to declining demand for purchase and refinance mortgages and competition from other lenders, Fannie Mae reported Dec. 12 in its Q4 Mortgage Lender Sentiment Survey.

Dec 19, 2018

US Economic Expansion to Experience Record in 2019, CoreLogic Predicts

By the end of 2019 the U.S. economy is expected to set a record for the longest expansion in history, based on business cycles dating to the mid-1800s, according to analytics firm CoreLogic, HousingWire reported Dec. 11. CoreLogic also anticipates unemployment to reach a 50-year low.


Dec 19, 2018

Wells Fargo Anticipates Favorable Economic Conditions For CRE in 2019

Favorable economic conditions for the commercial real estate sector are expected to continue through 2019 as the current cycle enters its 10th year, according to Wells Fargo, MBA NewsLink reported Dec. 13. Wells Fargo reported that valuations are now 25 percent above their previous peak level.

Dec 19, 2018

Investors Still Want Shopping Centers Anchored by Grocery, Data Shows

Shopping centers anchored by grocery stores are still popular with investors, but transaction volume dropped nearly 30 percent through October due to a slowdown in new construction and a lack of prime properties for sale, according to analytics firm Real Capital Analytics, National Real Estate Investor reported Dec. 13.


Dec 19, 2018

Mortgage Rates Fall to 3-month Low

Mortgage rates during the past week fell to their lowest point since mid-September following five consecutive weeks of mostly flat activity, Freddie Mac reported Dec. 13 in its Primary Mortgage Market Survey.

Dec 19, 2018

Colorado Springs, Colorado, Hottest Real Estate Market for 2019: Trulia

Colorado Springs, Colorado, is expected to be the hottest real estate market next year, as homebuyers look to inland cities where homes are more affordable, according to real estate site Trulia, The Real Deal reported Dec. 9. Grand Rapids, Michigan, and Jacksonville, Florida, rounded out the top three.

Results: 12 Articles found.


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