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Though the ECOA Appraisal Rule isn’t new, many mortgage lenders remain unaware that they may be overlooking a key mandate within this regulation, which requires them to “obtain the applicant’s...
MISMO® recently announced that it has launched a new workgroup known as CRE Property Financials, which will focus on a standards solution for commercial real estate (CRE) by documenting the data...
Fannie Mae recently published a new video on YouTube titled, “The Myth of the One-Mile Rule” to help dispel a common misconception amongst appraisers regarding comparable sales.
The Appraisal Subcommittee (ASC) recently announced that it has approved $3 million in new grants for The Appraisal Foundation over 3 years, with $1 million coming in the first year, to help...
The Appraisal Foundation recently announced that its Appraiser Qualifications Board (AQB) has adopted the Practical Applications of Real Estate Appraisal (PAREA), which provides new minimum...
Even with the ECOA Appraisal Rule in effect for some time now, many financial institutions have overlooked a key mandate within this regulation that requires lenders to “obtain the applicant’s...
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