Killeen Texas Real Estate Appraiser


Real Estate Appraisal News Roundup
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The lastest real estate valuatioin and appraisal news from Valuation Review

FHA inviting comment on risk proposal

The Department of Housing and Urban Development introduced policy changes intended to reduce the risk of loans insured by the Federal Housing Administration and is inviting public comment. Read on to find out how certain credit scores will qualify under the proposal.

FHA seeks public comment on risk mitigation efforts

Three new efforts were proposed to help the Federal Housing Administration strengthen its capital reserves while continuing to provide access to homeownership, including updating its required minimum credit score and down-payment requirements. Read on for details regarding how to issue comments on the moves.

October Research launches online video initiative

October Research Corp.’s new online video initiative will feature interviews with industry experts, innovators and thought leaders in the settlement services industry. Read on for details.

Integra Realty Resources expands, relocates Los Angeles office

Independent commercial real estate valuation and consulting firm Integra Realty Resources Inc. moved its Los Angeles office into a new 4,100-square-foot building in the San Fernando Valley of California to accommodate its expansion plans. The move corresponds with the hiring of a new principal in the firm; a senior analyst; and an analyst. Read on to find out more.

Home sales dip; market swings predicted

According to the National Association of Realtors (NAR), existing-home sales slowed in June but are higher than last year at this time. NAR said the market shows uncharacteristic yet understandable swings. Read on for more.

Mixed signals from latest housing starts report

June statistics from the Commerce Department indicate that appraisers will have fewer homes to appraise up the road, but p rivately owned housing completions, single-family housing completions and building permits tell a different story. Read on for more.

Coester CEO to produce educational materials for lenders

Brian Coester, CEO of the Coester Appraisal Group AMC, was tapped by AllRegs, the mortgage lending industry information provider, to create a range of educational materials for educating lenders on how to protect themselves against repurchase requests based on erroneous assessments of the loan file’s appraisal.

Shadow inventory continues to loom

Inside Lender Processing Services’ May Mortgage Monitor Report, data shows that loans between 30-days delinquent and foreclosure continue to increase and reached an all-time high. For more details from the report, read on.

StreetLinks adjusts warranty to comply with Fannie Mae’s new policies

StreetLinks adjusted its warranty to comply with Fannie Mae’s new policies on appraisals. The new warranty takes into account appraiser competency as well as appraisal quality. Read on to find out more.

Pending sales slump as expected

Following a surge driven by federal homebuyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the National Association of Realtors.