Buying a Home? Check Your Appraiser's Numbers
Friday, December 6, 2014 - They're supposed to be unbiased experts, impartially examining the data and producing their best estimate of a home's value. But are they failing in that mission--working for loan comapnies and forcing you to pay more than you should for your home?
How to Stem Appraiser 'Low Tide'
Wednesday, September 3, 2014 - The topic may seem peculiar at a time when mortgage originations are down from the heyday of the early 2000s, but if the issue isn't addressed now, a shortage of qualified residential appraisers could have a dampening effect on the mortgage market at precisely the moment when it is trying to regain its past vibrancy.
3 Reasons Investors Are Betting on Housing
Monday, July 14, 2014 - There's a lot that's holding back U.S. home sales and construction rates. Just ask Federal Reserve officials, who laid out a laundry list last week of factors behind the sluggish housing market.
Helping Your Appraiser Do Their Best Job
Sunday, March 16, 2014 - Your home is on the market. You found buyers, a nice young couple just starting out, and they're sold on the home. But wait — there's one more person you have to sell: the appraiser.
Home Equity Loans Are Exception to Loosening Credit
Thursday, January 30, 2014 - More banks are easing their underwriting standards as they adapt to changing economic conditions and competition the Office of Comptroller of the Currency (OCC) said today as it released results of its 19th Annual Survey of Credit Underwriting.
Subprime, now "Nonprime", Makes Comeback
Tuesday, January 28, 2014 - Bill Dallas, whose last two subprime lenders went bust during the global credit crunch, pledges to get it right this time around.
Federal Reserve Refrains from QE Tapering
Wednesday, September 18, 2013 - The Federal Reserve unexpectedly refrained from reducing the $85 billion pace of monthly bond buying, saying it needs to see more signs of lasting improvement in the economy.
A Challenge to Unite Appraisers
Wednesday, August 7, 2013 - Recently the American Enterprise Institute hosted the International Conference on Collateral Risk: Moderating Housing Cycles and Their Systemic Impact.
Home Prices Keep Soaring
July 30, 2013 - New York (CNNMoney) - Home prices continued to gain steam in May according to a closely-watched reading, even as mortgage rates climbed.
Mortgage Lock-Ins Back In Vogue With Rising Rates
July 26, 2013- With a volatile interest market and intense competition for housing, lock agreements are again in vogue, lenders say.