The brouhaha over desktop appraisals

In January, Fannie Mae said it would start accepting desktop appraisals, where an appraiser need not perform a walk-through, for some agency-backed loans after March 19.

February 9, 2022 Was this email forwarded to you? Sign up for HousingWire's Daily Update here. Like it or not, desktop appraisals are here to stay Appraisals and Valuations, Politics & Money, Mortgage, HW+ Exclusive Content In January, Fannie Mae said it would start accepting desktop appraisals, where an appraiser need not perform a walk-through, for some agency-backed loans after March 19. When borrowers 'ghost' their servicers Mortgage, HW+ Exclusive Content Housing counselors, academics and lawyers drill down on how big the ghosting problem is for servicers as borrowers come off forbearance. Supercharged Lending: How AI Gives Lenders a Competitive Edge Discover how today's savviest lenders use AI to capture market share, delight customers, cut costs, reduce risk and streamline operations. Learn how AI can help your organization stand out and compete today – and in the future.   Learn More! Sponsored by InRule Technology How are servicers navigating the end of forbearance? Podcasts This episode spotlights the February 2022 HousingWire Magazine, which focuses on new and upcoming trends and issues in the servicing space. Listen Now! How servicers can access timely, accurate data insights Presented by CoreLogic HousingWire's Brena Nath recently spoke with Irina Kovach, Senior Leader of Product and Strategy for CoreLogic Real Estate Tax and Payments, about servicers' need for timely, accurate data and how a new solution is helping deliver those insights. Experts take an in-depth look into 2022's mortgage compliance outlook Led by Richard J. Andreano, Jr. from Ballard Spahr and Amanda Phillips from ACES Quality Management, this webinar will look at what the mortgage industry can expect from 2022 and dissect the CFPB's most recent supervisory highlights. Learn more! Sponsored by ACES Quality Management NewRez origination profits decline 43% in Q4 Mortgage NewRez has reduced hundreds of job positions in its mortgage division, six months after acquiring the multichannel lender Caliber Home Loans. Opendoor launches services in San Francisco Bay Area Agent, Real Estate, Proptech Opendoor will buy Bay Area houses built after 1940 and valued between $400,000 and $2.5 million, which it says is 60% of the market. The one problem lenders must address in 2022 to make it to 2023 Refis have dried up. Competition for mortgage leads is fiercer than ever. To survive the market, lenders must hang on to EVERY past customer. If you've been ignoring borrower retention, learn what it could cost you — and what to do about it. I want the truth. I want the truth. Sponsored by Sales Boomerang The housing market's "double trouble" Real Estate, Agent, Black Homeownership The housing market is facing a "double trouble." Record high home prices and record low inventory is making it increasingly difficult for Americans, and particularly Black Americans, to achieve homeownership. NewRez lays off 386 following Caliber acquisition Mortgage NewRez has reduced hundreds of job positions in its mortgage division, less than a year after acquiring the multichannel lender Caliber Home Loans. How will desktop appraisals impact purchase lending? With the inclusion of desktop appraisals within the new GSE guidelines, now is an ideal time to understand how these appraisals allow mortgage lenders to set closing dates with confidence and expedite residential purchase loans. Learn more. Sponsored by Clear Capital HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences

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