Articles Tagged with ''Appraiser''

Overworked and underpaid: Here are the challenges facing appraisers next year

Industry suffers from a clear lack of unity
While most sectors of the mortgage industry managed the increased demand with few hiccups, the appraisal services segment of the industry did not fare as well. The uninterrupted appraisal demand throughout 2016 and into the first quarter of this year led to chronic fatigue that spread throughout the appraiser population, leaving 3 major challenges for the industry to face.
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Freddie Mac extends appraisal-free mortgage program to purchase loans

Creates “better experience” for lenders and homebuyers
Freddie Mac announced it is extending its program which cuts appraisers out of the mortgage process to purchase loans in order to create a better experience for lenders and homebuyers. The company estimates this could save borrowers an estimated $500 in fees and cut closing times by about 10 days.
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Monday Morning Cup of Coffee: EXCLUSIVE: LA granted stay against FTC appraisal order

Heads roll at Wells Fargo and maybe the CFPB
All around the nation, some bonfires are starting and others are being put out. However, it’s getting harder and harder to tell which is which. The FTC puts a stop to itself, Wells Fargo cans a bunch of executives and the White House gets a suggestion on who should be fired next. All that and more in your Monday Morning Cup of Coffee.
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The highly contested state of the appraisal market and where it’s headed

HousingWire experts answer the tough questions
Back in March, HousingWire gathered three industry experts to answers readers’ questions on the appraisal market. But as it turned out, one hour wasn’t nearly enough time to properly dig into the state of the highly debated appraisal market. In order to weigh in on the questions left unanswered on the first webinar, HousingWire hosted a follow-up appraisal webinar. Here’s what the three experts revealed on the state of the appraisal market.
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