Northwest, Mountain Lead Home Price Gains
Home prices continued to rise, with some indices achieving new highs. Areas in the Northwest and Mountain Region maintained a tight grip on top spots.
IPO for Parent of 3rd Biggest AMC
The parent company of an appraisal management company has filed a prospectus to conduct an initial public offering of its common shares.
Home Price Gains Weaken, Though NY Strong
National home prices were little changed on a month-over-month basis, though the Empire State fared well. The Northwest had the strongest year-over-year gains.
Mortgage Lenders Improve Equity Positions
As the nation's book of mortgages grew, home lenders improved their equity position on a year-over-year basis. Negative equity diminished.
Appraisal Services Integrated Into LOS Systems
Appraisal services have been integrated into multiple loan origination systems. Meanwhile, an update has been issued for government appraisals.
Coasts, Mountain Region Lead Home Price Gains
Multiple home price indices continue to ascend. Leading the gains are coastal locations, though the Mountain Region is faring well.
Appraiser Fraud Alert Issued
A rash of cases have been uncovered where the identity of appraisers approved for government mortgages have been stolen.
East Leads Month-Over-Month Home Price Gains
While the most-impressive year-over-year gains in residential property values have been on the West Coast, the East leads month-over-month appreciation.
Fannie Eases Appraisal Requirements
Policy updates and clarifications made by the Federal National Mortgage Association will make appraisal reports easier to complete.
Florida Metros Lead Monthly Home Price Growth
On a month-over-month basis, cities in Florida dominated home price gains. On a year-over-year basis, a pair of Northwest cities continued to lead.