Does the mortgage industry still need Appraisal Management Companies?

Does the mortgage industry still need Appraisal Management Companies?

Not with Fannie Mae's Collateral Underwriter

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done

Fitch warns Ocwen-related RMBS deals face major downgrade

Placed on “Rating Watch Negative”
W S

FHFA home prices rise 0.8% in May

U.S. home prices for the 12-month period ending in May rose 3.7% over last year, the Federal Housing Finance Agency said in its latest monthly House Price Index.

In addition, home prices grew a slight 0.8% from April to May, showing some signs of stability in the housing market. Meanwhile, the previously reported 0.8% home price increase for April was revised down to a 0.7% increase.

Despite growth in May, the U.S. home price index is not back to its peak, pre-crisis levels. Today, it remains 17% below its April 2007 peak.

kpanchuk@housingwire.com

Recent Articles by Kerri Panchuk

Comments powered by Disqus