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.
Home Values and Prices Move Higher
National home values and Home Price Indices have gained more than 6 percent on a year-over-year basis, though one forecast has a smaller gain over the next year.
Appraisal Regulations, Compliance and Updates
As appraisers urge the nation's lawmakers to reduce the amount of regulations appraisers are subject to, service providers are helping lenders maintain their own compliance.
U.S. Home Values Surpass Pre-Crisis High
A closely watched measure of the nation's residential property values has ascended above the peak reached before the Great Recession.