The national homeownership rate increased to 66% in the third quarter of 2022. A new report by Fannie Mae looks at the U.S. housing shortage from a local perspective. Mortgage rates dip slightly, but continue to hover around 7%. Federal agencies announce plans to raise the threshold for smaller loan exemption from appraisal requirements. A new episode of Beyond the Numbers with McKissock Appraisal breaks down appraisal value and real estate appraisal bias. Read
From Forms to Reports: A Look at the UAD Overhaul
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
Ernie Durbin
April 15, 2024
