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The Appraisal Blog

October 21st, 2019 8:05 AM
Changes coming to the backend of the VA appraisal management process.  Will this streamline things or be the end of the VA Fee Panel as we know it?



https://www.housingwire.com/articles/50202-va-picks-veros-to-provide-appraisal-management-services-for-va-loans/
Posted in:Appraisal, Lending and tagged: #VA#Appraisal
Posted by Robert Abbott on October 21st, 2019 8:05 AMLeave a Comment

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October 14th, 2019 9:04 AM
Alternative valuation products have been around for as long as I have been appraising ... 20 years.  But they are just now becoming more accepted in the lending world.  The long term impact of these products is yet to be seen ...



https://www.housingwire.com/articles/50143-expert-alternative-valuations-could-drive-up-consumer-costs/?fbclid=IwAR1B98z7Oo154l0QPM5AmYzRkDcajbF9WlV7BduFkiWvngR_8zSaUBlaGxg

Posted in:Appraisal, Lending and tagged: #Lending#Appraisal#Mortgage
Posted by Robert Abbott on October 14th, 2019 9:04 AMLeave a Comment

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September 30th, 2019 6:32 PM
The FDIC recently raised the threshold for appraisal for residential loans from $250,000 to $400,000.  Although this may not impact a lot of loans here in San Diego, this could have significant impacts across the nation where property values are not as high.



http://www.appraisalfoundation.org/iMIS/TAF/TAF_Condemns_Deminimis.aspx
Posted in:Appraisal, Lending and tagged: #Appraisal#AppraisalThreshold#FDIC
Posted by Robert Abbott on September 30th, 2019 6:32 PMLeave a Comment

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