What should appraisers know before they sign the appraisal report and deliver their professional opinion of value? Pretty much everything. Many appraisers working in today’s
This is part three of a three part series on appraisal review – Read parts one and two. When interacting with executive managers, I am
Part one of this series on the subject of Appraisal Review provided an overview of the risk management concepts used by many lenders today to
As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. It’s an
Appraising compliance with the American National Standard for Single-Family Residential Buildings Fannie Mae has released further clarification on their announcement that they will be requiring
It appears the FHFA is making good on their promise. Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for
If you talk to a professional risk manager working in the home finance industry, they’ll tell you that risk is hiding everywhere. While they may
Federal regulators require banks to prepare documentation that fully explores their response to potential market forces that could put stress on their institutions or the
