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Results: 193 Articles found.
Apr 29, 2020 12:30 PM

SEC Proposes Rule for the Valuation of Fund Assets, Including Real Estate Holdings

The Securities and Exchange Commission on April 21 proposed a new rule that would establish a framework for the valuation of investment fund assets, including real estate, MarketScreener reported. The Commission last comprehensively addressed valuation practices in 1970. The comment period on the proposed rule closes July 21.

Apr 28, 2020 08:15 AM

Appraisers Can Help Courts, IRS Navigate Conservation Easements, New Book Says

Governmental and judicial entities’ expanded oversight of the real estate appraisal process makes it imperative that those involved in valuing easement-encumbered properties demonstrate their competence to the Internal Revenue Service and the courts, according to a book published today by the Appraisal Institute under a licensing agreement with the Land Trust Alliance.

Apr 22, 2020 12:30 PM

Longest Economic Expansion in US History Probably Over Due to COVID-19: Fannie Mae

The coronavirus has likely ended the longest economic expansion in U.S. history, according to an April 15 report from Fannie Mae’s Economic and Strategic Research Group. As consumers shelter in place and businesses indefinitely close, two consecutive quarters of negative growth in gross domestic product are expected, which is the common definition of a recession.

Apr 22, 2020 12:30 PM

Small Business Loan Program Out of Money, Impasse is Preventing New Funds: Report

The Small Business Administration and the Treasury Department have exhausted the initial $349 billion earmarked for business loans as part of the Paycheck Protection Program — and political conflict has prevented allocation of further funding, The Hill reported April 16. The SBA further said that the $10 billion appropriated for Economic Injury Disaster Loans also is out of money.

Apr 22, 2020 12:30 PM

CRE Developers, Investors Face Trouble Closing Deals During Pandemic: Financial Firm

An increasing number of commercial real estate deals and new construction projects are delayed due to rising borrowing costs and higher loan credit standards, according to real estate financial firm NorthMarq, Bisnow reported April 12. Most deals that had financing in place before the pandemic have closed, but many transactions without financing in place are being postponed.

Apr 16, 2020 11:03 AM

Appraisers Must Adapt to iBuyer Models: Valuation Magazine

While the volume of home sales involving iBuyers is still fairly limited, the number of markets they reach is growing and their role in the residential real estate sector could be transformative, according to an article in Valuation magazine’s first quarter 2020 issue.

Apr 15, 2020 12:30 PM

AI Guide Shows Appraisal Actions Allowed Under Coronavirus

The Appraisal Institute on April 9 released “Flexibilities Guide: Permissible Appraisal Requirements During COVID-19,” which helps residential appraisers navigate a multitude of reporting format allowances and requirements issued by Fannie Mae, Freddie Mac, the Federal Housing Administration, the Department of Veterans Affairs and the Rural Housing Service. It also suggests addenda language when appraisers are reporting third-party information.

Apr 15, 2020 12:30 PM

Appraisal Institute to Host Coronavirus Webinar with CRE Panel

The Appraisal Institute announced that its April 17 webinar will include a panel of leading commercial real estate appraisers who will address changing market conditions under coronavirus. The webinar can help investors, developers, financiers and other stakeholders understand buyer and seller reactions to the market and will address appraisers' short/long term considerations when evaluating property at this time.

Apr 15, 2020 12:30 PM

GSEs Publish FAQs on Temporary Policies for Mortgage Originations, Appraisals

Fannie Mae and Freddie Mac on April 8 released frequently asked questions that provide additional guidance to lenders on temporary policies that support mortgage originations, appraisals and quality control during the coronavirus pandemic. The government-sponsored enterprises will update the document as new information is available.

Apr 08, 2020 12:30 PM

AI Asks FHFA to Rethink Non-GSE Appraisal Requirements

The Appraisal Institute was one of four valuation organizations that urged the Federal Housing Finance Agency on April 6 to re-evaluate its current policies on interior and exterior inspection appraisals for refinance transactions not currently held by the government-sponsored enterprises.

Results: 193 Articles found.

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