Items Tagged with 'appraisal shortage'

ARTICLES

  • Moody’s: Appraisal alternatives pose new credit risks

    Could weaken credit quality of new RMBS
    The use of technological alternatives to traditional residential property appraisals is likely to expand in the coming months and years, yet it could bring risk to the mortgage industry, or so says a new report from Moody’s Investors Service. Here’s why.
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  • Feds take action to solve appraiser shortage

    Especially in rural communities
    Key government agencies finally address the critical appraisal shortage crisis hampering the mortgage process. Currently, most appraisers are in their late 50s, with few taking the time mentor trainees. While it doesn’t solve the root of the problem, these housing groups highlighted two alternative options.
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