As part of Fannie Mae’s efforts to promote quality in the loan origination process, Appraiser Quality Monitoring (AQM) was developed to provide appraisers and industry partners with actionable feedback to improve consistency, manage risk, and increase confidence in...

East Colfax is the latest neighborhood where homeowners in Denver will not have to seek city permission if they want to convert their garages into apartments or otherwise build second residences on their properties after the City Council on Monday voted to rezone...

Real estate appraisers will be required to use the Square Footage-Method for Calculating: ANSI® Z765-2021 (American National Standards Institute®) Measuring Standard for measuring, calculating, and reporting gross living area (GLA) and non-GLA areas of subject...

Home sales are expected to increase another 6.6% and home prices to rise another 2.9% on top of 2021 highs. A gradual uptick in mortgage rates will make affordability a top consideration for home buyers, especially the 45 million Millennials aged 26 to 35 who are at...

Investors bought slightly more than 18 out of every 100 homes sold in the country in Q3 according to Redfin. The trend is similar in Denver, where investors snapped up just under 17 of every 100 house sales in Q3, which translates to about 2,800 homes. That's an...

The Federal Housing Finance Agency Q3 report was released today. “House price appreciation reached its highest historical level in the quarterly series,” said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. “Compared to a...

The REcolorado September 2021 Market Watch report for the Greater Denver Metro area was published today. The number of Closed homes in the Denver Metro area totaled 5,517, a 15% decrease as compared to the record-high closings we saw last September. From a...

The 14-month period from March 2020 through April 2021 comprised the 14 highest individual monthly volumes in the history of the Uniform Collateral Data Portal® (UCDP®) – the appraisal portal shared by Freddie Mac and Fannie Mae. The average appraiser in Colorado...

The goal of the Uniform Standards of Professional Appraisal Practice (USPAP) is to promote and maintain a high level of public trust in appraisal practice by establishing requirements for appraisers. With this goal in mind, the Appraisal Standards Board (ASB)...

Original Article published November 26, 2018 Federal agencies have proposed a plan to reduce the number of homes that require an in-person appraisal, hoping to speed up the closing process and save money for home buyers and borrowers looking to refinance. Under the...

Original Article By Kenneth R. Harney The Nation’s Housing NOVEMBER 26, 2018, 11:10 AM Trump administration wants to eliminate professional appraisals on a large number of home-sale transactions — a move that critics say could push the country back toward the...

On January 31, 2017, Fannie Mae (FNMA) issued the following Announcement SEL-2017-01 which addressed updates to their Selling Guide. Read the full update here.