Appraisal Myths Debunked
In a presentation to bankers and real estate agents, a Florida appraiser advised the audience that there are several myths about what is and isn't allowed.
Homeowners More Aware of Their Home's Value
The difference between what homeowners value their homes at and what appraisers are valuing the properties at has narrowed to the lowest level in more than a year.
Fannie Dispels Collateral Underwriter Myths
Fannie Mae has issued clarifications about the recently implemented use of Collateral Underwriter by approved mortgage lenders.
Ability to Repay Rule Reduces Mortgage Fraud
Home lenders are facing less risk of mortgage fraud, and one factor contributing to the improvement is the Ability to Repay Rule.
Appraisal Exec Says CU Concerns Overblown
A top appraisal executive is saying that the chaos predicted from the implementation of Collateral Underwriter is much ado about nothing.
Improved Reviews, CU Addressed by Appraiser Firms
The latest innovations in the appraisal industry are intended to improve the appraisal review process and address the new Collateral Underwriter system. An appraisal management company out of New York is reporting brisk growth.
Over 70 Mortgage Events in Q1
During the first three months of this year, more than 70 mortgage-related conferences and other events are scheduled. Appraisals, commercial real estate and litigation are among the topics being covered.
Dramatic Shift Ahead for Appraisal Underwriting
A new technology being implemented on conventional agency loans is expected to have a major impact on the underwriting of appraisal reports.
Appraisal Fraud On the Decline
When it comes to mortgage fraud, inflated appraisals have become less of an issue thanks to appraisal regulation. But collusion among buyers and sellers is worsening.