by RMAA Website | May 2, 2024 | Appraisal News
Yesterday, the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2024-07, Appraisal Review and Reconsideration of Value (ROV). This ML strengthens FHA’s existing ROV process as part of HUD’s commitment to strengthening safeguards against unlawful...
by RMAA Website | May 1, 2024 | Appraisal News
FHFA today announced that Fannie Mae and Freddie Mac (the Enterprises) published new Reconsideration of Value (ROV) policies after months of collaboration with FHFA and the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration. A...
by RMAA Website | Apr 9, 2024 | Appraisal News
On March 28th the Federal Housing Administration (FHA) published Frequently Asked Questions (FAQs) that address inquiries received from stakeholders regarding payment of real estate agent commissions related to the recently announced nationwide settlement agreement...
by RMAA Website | Mar 20, 2024 | Appraisal News
In an effort to improve the quality of appraisal reports, Fannie Mae has scanned appraisals and tracked the number of reports with prohibited and/or subjective language since 2021. In 2021 over 1,500 appraisers received letters notifying them of a violation. The...
by RMAA Website | Mar 19, 2024 | Appraisal News
Fannie Mae just released its March issue of Appraiser Update. This edition touches on hot topics including Zoning changes, Hybrid appraisals, Subjective language, Recent Selling Guide updates and Tips on how to keep your appraisal credentials safe. See the full report...
by Jennifer Wentworth | Mar 9, 2024 | Appraisal News
It’s Official! The Northern Colorado Association of Real Estate Appraisers (NCAREA) is now the Rocky Mountain Appraiser Association (RMAA). After much discussion and contemplation, the Board of Directors unanimously voted on an organizational name change on...
Recent Comments