The National Association of REALTORS® reported that the median home price nationwide was down 1.7 percent in August from August 2005, the first year over year price drop since a 0.1 percent decline in 1995 and the second steepest since NAR began tracking the figure.
In testimony before a Senate subcommittee September 13, the Chief Economist of the Office of Federal Housing Enterprise Oversight (OFHEO) said the regulator of Fannie Mae and Freddie Mac is “actively researching the issue of appraisal bias.” “Much of OFHEO’s home value information is derived from appraisals produced in the home refinancing process,” Patrick J. […]
One of the promises of the Information Age that hasn't quite come true yet is the "paperless office." As a professional in a tightly regulated industry highly dependent on paper, you've probably been looking forward to the day when you could see the top of your desk again.
In testimony before a Senate subcommittee September 13, the Chief Economist of the Office of Federal Housing Enterprise Oversight (OFHEO) said the regulator of Fannie Mae and Freddie Mac is "actively researching the issue of appraisal bias."
Past due fees that you might have been too busy to pay attention to the last few years are becoming more important to collect. You’ve been asking for features that can help you collect and avoid late or non-payment in the first place. Now we’ve added some tools to your Appraisal XSite website that make […]
Past due fees that you might have been too busy to pay attention to the last few years are becoming more important to collect. You've been asking for features that can help you collect and avoid late or non-payment in the first place. Now we've added some tools to your Appraisal XSite website that make […]
WinTOTAL users get an e-mail two or three times a month usually from Adam Calvery, our Vice President of Appraisal Products, letting you know what’s happening in the next WinTOTAL form filling software update. If you get them you’re probably already aware of the Aurora Status Dashboard, accessible at this link: http://www.alamode.com/aurorastatus/ If you haven’t […]
WinTOTAL users get an e-mail two or three times a month usually from Adam Calvery, our Vice President of Appraisal Products, letting you know what's happening in the next WinTOTAL form filling software update. If you get them you're probably already aware of the Aurora Status Dashboard, accessible at this link: http://www.alamode.com/aurorastatus/
An outfit called the Center for Responsible Appraisals and Valuations released an "Appraisal Compliance Paper" this month with the purpose of informing lenders about their responsibilities for overseeing their appraisal and valuation systems. It's sometimes not as "plain English" as it could be but is a good summary of what responsible lenders are being instructed […]
