Incenter Appraisal Management’s RemoteVal solution keeps appraisers in full control of the inspection
Incenter Appraisal Management’s RemoteVal solution keeps appraisers in full control of the inspection
The RemoteVal solution leverages the technology that homeowners and agents have with them already – their Apple or Android smartphones. It eliminates the need to send third-party property data collectors to a home or to bring special devices into a home.
The post Incenter Appraisal Management’s RemoteVal solution keeps appraisers in full control of the inspection appeared first on HousingWire.
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The RemoteVal solution leverages the technology that homeowners and agents have with them already – their Apple or Android smartphones. It eliminates the need to send third-party property data collectors to a home or to bring special devices into a home.
The post Incenter Appraisal Management’s RemoteVal solution keeps appraisers in full control of the inspection appeared first on HousingWire.
The RemoteVal solution leverages the technology that homeowners and agents have with them already – their Apple or Android smartphones. It eliminates the need to send third-party property data collectors to a home or to bring special devices into a home.
The post Incenter Appraisal Management’s RemoteVal solution keeps appraisers in full control of the inspection appeared first on HousingWire.
The results of this 2021 white paper: Appraisal overvaluation: Evidence of price adjustment bias in sales Comparisons co-authored by Frank Nothaft are pretty interesting. At first glance, I get the CoreLogic evil empire stuff, but step back and take it all in. Here’s the abstract.
The results of this 2021 white paper: Appraisal overvaluation: Evidence of price adjustment bias in sales Comparisons co-authored by Frank Nothaft are pretty interesting. At first glance, I get the CoreLogic evil empire stuff, but step back and take it all in. Here’s the abstract.
The FHA has paused the mandatory effective date of the FHA Catalyst appraisal module, which most recently had been set for March 2023.
The post FHA to “reassess” Catalyst appraisal tech solution appeared first on HousingWire.
The FHA has paused the mandatory effective date of the FHA Catalyst appraisal module, which most recently had been set for March 2023.
The post FHA to “reassess” Catalyst appraisal tech solution appeared first on HousingWire.
On July 12, 2022, the FHA announced that it is extending the initial appraisal validity period from 120 days to 180 days and the appraisal update validity period from 240 days to one year. This applies to case numbers assigned on or after June 1, 2022. This just seems like a bad idea at a time where many markets are seeing price declines.
FHA INFO 2022-71 — July 12, 2022
In this Announcement:
FHA Implements Revised Appraisal Validity Period Guidance
Appraisal Logging Changes in FHA Connect...
On July 12, 2022, the FHA announced that it is extending the initial appraisal validity period from 120 days to 180 days and the appraisal update validity period from 240 days to one year. This applies to case numbers assigned on or after June 1, 2022. This just seems like a bad idea at a time where many markets are seeing price declines.
FHA INFO 2022-71 — July 12, 2022
In this Announcement:
FHA Implements Revised Appraisal Validity Period Guidance
Appraisal Logging Changes in FHA Connect...
Appraisers cite AMCs and incomplete MLS information as major sources of delays, while agents cite...appraisers as source of delays.
The post Appraisers voice opinions on AMCs, appraisal delays appeared first on HousingWire.
Appraisers cite AMCs and incomplete MLS information as major sources of delays, while agents cite...appraisers as source of delays.
The post Appraisers voice opinions on AMCs, appraisal delays appeared first on HousingWire.
Appraisal gap clauses have been de rigueur in many markets, much to the disdain of frustrated homebuyers. Mortgage startup Tomo feels, however, that it has a solution.
The post Tomo launches solution for the dreaded appraisal gap appeared first on HousingWire.
Appraisal gap clauses have been de rigueur in many markets, much to the disdain of frustrated homebuyers. Mortgage startup Tomo feels, however, that it has a solution.
The post Tomo launches solution for the dreaded appraisal gap appeared first on HousingWire.
To support lenders and appraisers in meeting these new desktop appraisal guidelines, Clear Capital has developed two new desktop appraisal solutions, Desktop Appraisal and Desktop Data Collection, which launched April 5.
The post Clear Capital’s new desktop appraisal solutions support appraisers in meeting new GSE guidelines appeared first on HousingWire.
To support lenders and appraisers in meeting these new desktop appraisal guidelines, Clear Capital has developed two new desktop appraisal solutions, Desktop Appraisal and Desktop Data Collection, which launched April 5.
The post Clear Capital’s new desktop appraisal solutions support appraisers in meeting new GSE guidelines appeared first on HousingWire.
Appraisers, on Tuesday 5/24/22, an AMC sent a message to their appraiser panel appraisers asking them if they’d like to ‘help their lender clients’ by doing Property Data Reports (PDR). Let’s decipher what this is all about. Freddie Mac has decided, that as of Sunday, July 17, 2022, they must have a PDR (Property Data Report) completed “by someone” in order for the loan applicant to qualify for an appraisal waiver in conjunction with a mortgage loan. In other words, actual qualified...
Appraisers, on Tuesday 5/24/22, an AMC sent a message to their appraiser panel appraisers asking them if they’d like to ‘help their lender clients’ by doing Property Data Reports (PDR). Let’s decipher what this is all about. Freddie Mac has decided, that as of Sunday, July 17, 2022, they must have a PDR (Property Data Report) completed “by someone” in order for the loan applicant to qualify for an appraisal waiver in conjunction with a mortgage loan. In other words, actual qualified...
SEE the differences between the THREE versions of the 1004 reports, what I euphemistically call “flavors.” Appraisers, recent watercooler discussions by appraisers focus on the new ‘desktop’ appraisals many will be requested to do. Now that the GSE’s have “formally” approved non-appraiser-inspected reports for first mortgage lending (or will very soon – not sure of the exact effective date), you may want to actually SEE the differences between the THREE versions of the 1004 repor...
SEE the differences between the THREE versions of the 1004 reports, what I euphemistically call “flavors.” Appraisers, recent watercooler discussions by appraisers focus on the new ‘desktop’ appraisals many will be requested to do. Now that the GSE’s have “formally” approved non-appraiser-inspected reports for first mortgage lending (or will very soon – not sure of the exact effective date), you may want to actually SEE the differences between the THREE versions of the 1004 repor...
Gone are the days of hiring a professional appraiser to solve the appraisal problem. For decades lenders have taken on the responsibility of shaping the appraisal process and dictating the solutions to the appraisal problem. Savvy appraisers push back in a positive fashion to try and enable the lender to receive a report that not only meets USPAP, FIRREA, Fannie Mae, or HUD/FHA/VA an UAD reporting guidelines, but also provides the client with a report that is clear, concise, accurate and not mis...
Gone are the days of hiring a professional appraiser to solve the appraisal problem. For decades lenders have taken on the responsibility of shaping the appraisal process and dictating the solutions to the appraisal problem. Savvy appraisers push back in a positive fashion to try and enable the lender to receive a report that not only meets USPAP, FIRREA, Fannie Mae, or HUD/FHA/VA an UAD reporting guidelines, but also provides the client with a report that is clear, concise, accurate and not mis...