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Results: 169 Articles found.
May 16, 2018 12:30 PM

California Court Opinion Helps Appraisers with Intended User Lawsuits

The California Court of Appeal, Third Appellate District, certified for publication May 7 its decision in Tindell v. Murphy, which supports appraisers in lawsuits filed by parties who are not intended users of an appraisal. The Appraisal Institute’s Northern California Chapter lobbied for publication so the opinion can be cited in future cases.

 
May 16, 2018 12:30 PM

Freddie Mac Helps Non-bank Mortgage Companies

Freddie Mac has started extending credit to non-bank mortgage companies to ensure they have access to cash if their home loans default, Bloomberg reported May 7. The new lines of credit have not been publicly announced. Critics worry the move could lead to unfair market advantages for preferred lenders.​

 
May 16, 2018 12:30 PM

Report Shows Tech-reliant Cities Thrive Despite National Rent Declines

The gap has widened between office rents in tech-dominated markets like Seattle and Boston and those in markets with more traditional tenants, according to the Effective Rent Index released May 8 by real estate services firm Savills Studley, MBA NewsLink reported. To compete, landlords are offering record concessions in some markets.

 
May 15, 2018 08:00 AM

Landscaping Can Significantly Impact Home Values, Appraisal Institute Says

The Appraisal Institute, the nation’s largest professional association of real estate appraisers, today encouraged homeowners to pay close attention to their property’s landscaping as it could have a major impact on value.

 
May 09, 2018 12:30 PM

Fannie Mae, Freddie Mac Reform Likely Not Happening this Year: Mnuchin

Fannie Mae and Freddie Mac won't see reforms this year due to lack of congressional interest, said Steven Mnuchin, secretary of the U.S. Department of the Treasury, during an April 30 television interview, HousingWire reported. Mnuchin said the Federal Housing Finance Agency needs to be chaired by someone who prioritizes reform.

 

New Tax Plan Expected to Boost Multifamily Investment: CBRE

Recently enacted tax reform is expected to boost investor interest in multifamily properties because many of the new policies significantly increase the benefits of renting over buying, according to a May 3 report from real estate services firm CBRE, World Property Journal reported.

 
May 02, 2018 12:30 PM

Treasury Department Touts Deregulation Achievements in New Report

The U.S. Department of the Treasury on April 24 reported that its plan to decrease regulatory burdens resulted in the modification or elimination of 100 financial regulations since the last report was released in 2016, HousingWire reported. Treasury noted that only two regulations were categorized as significant.

 
May 02, 2018 12:30 AM

CoStar Cracks down on Freeloaders

Data firm CoStar announced plans April 23 to target so-called “freeloaders,” users accessing its database without paying, The Real Deal reported. The firm said it suspects as many as 30,000 individuals are illegally using its commercial real estate database.

 
Apr 26, 2018 08:00 AM

Co-working Spaces Changing Office Real Estate: Valuation Magazine

Co-working spaces are significantly impacting the U.S. office real estate market, but it’s unclear if the explosive growth they’ve experienced since the Great Recession signals a market disruption or a passing trend, according to an article in Valuation magazine’s first quarter 2018 issue.

 
Apr 25, 2018 12:30 PM

The Appraisal Subcommittee Denies Bank Request for Appraisal Waiver

The Appraisal Subcommittee unanimously rejected a temporary waiver request from TriStar Bank of Dickson, Tennessee, during a special meeting April 23 in Washington. The Appraisal Institute led industry efforts opposing the bank’s request for a waiver of certification requirements, which would have allowed appraisals to be completed by non-certified appraisers.

 
 
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