The Appraisal Crunch

Shannon Hicks
Unable to use the embedded player? Listen here. EPISODE #689 The Appraisal Crunch Both reverse and traditional mortgage originators are feeling the crunch of appraisal turnaround times. RMD explains why and what HECM professionals have to say. Other Stories: The RMI Reverse Market Minute update Us Existing-Home Sales Fell For

Exterior-Only Appraisals to End

Shannon Hicks
 Without audience targeting are Google Ads Dead? Think again… Early this month Google announced new restrictions for targeting specific audiences. The restrictions apply to content related to housing, employment, credit, and those who are disproportionately affected by societal biases. The news of these restrictions created quite a stir among

FHA’s 2nd Appraisal Rule Raises Questions:

Shannon Hicks
Commentary: The HECM Collateral Risk Assessment: Last week ended with a bang. Just as many prepared for the weekend anticipating the rare gift of an October without additional HECM changes- another mortgagee letter dropped late Friday morning. Enter the October Surprise– the Collateral Risk Assessment. For those of you unfamiliar

BREAKING- New Collateral Assessment may require 2nd appraisal

Shannon Hicks
   FHA’s New Collateral Risk Assessment will require a 2nd appraisal when determined that 1st appraisal is ‘inflated’ BREAKING- FHA announced today the enactment effective October 1st that all HECM loans must undergo a Collateral Risk Assessment to determine if the first appraisal is inflated or at market values. If uses cookies to improve user-experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Cookies View Policy

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