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Watch the Latest Appraisal
News Headlines - FHA appraisal


Ocean City Today

Contingencies in contracts provide buyer safety nets
Ocean City Today
However, FHA loans must appraise at the contract price, so the appraisal contingency is built into the FHA addendum language in essence. Other options with an appraisal contingency include the buyer and seller meeting at an agreed upon price, or if it ...


The Mortgage Reports (blog)

Compare Refinance Loans
The Mortgage Reports (blog)
FHA cash-out: No matter which kind of loan you have currently, you are eligible to use an FHA cash-out mortgage up to 85% of your home's current value. Learn more>>. VA cash-out: Eligible military veterans can take a new loan up to 100% of their home's ...

and more »

FHA/VA Pricing Updates; Down Payment News and Trends
Mortgage News Daily
"We recognize the demand for a true appraisal partner in the mortgage industry," said Clint Reinhardt, SVP at Valuation Partners. "We developed Our Purchase Appraisal Process as a key competitive advantage for our clients that helped them drive repeat ...

and more »

Chicago Tribune

Low-down-payment condo mortgages could be making a comeback
Chicago Tribune
Allowing single units to be financed — a return to what once was known as "spot" loans — would have potentially far-reaching impacts across the country, since fewer than 7 percent of condo projects or buildings currently have FHA certification ...
Kenneth Harney: Condo financing program could be making a comebackArizona Daily Star

all 4 news articles »

Curbed DC

Appraisals and comps: 9 important things to know
Curbed DC
... few things it can hold. Boxes, yes. Mattresses or extra furniture, not so much. Outdoor space (e.g. terraces) and parking spaces are also not considered in calculating appraisal value, but the appraiser may make an adjustment in the price for such ...


Hughes: How to avoid troublesome appraiser delays
Daily Local News
Home valuations are increasingly important, as home prices continue to go up, prices could change over the course of two or three months, which is the current delay time in some markets for gaining an appraisal. With mortgage rates starting to climb ...


OneWest Fined $89 Million For Improperly Servicing HECM Loans
Mortgageorb
The settlement is in connection with Financial Freedom's recovery of mortgage insurance payments from the Federal Housing Administration (FHA) that the company was allegedly not entitled to. ... More specifically, the company tried to obtain insurance ...

and more »

Product, Appraisal News; Upcoming Events; FHA/NHF/Sapphire Drama; SoFi, Altisource, Blackstone
Mortgage News Daily
In FHA news, there is change afoot with the National Homebuyer Fund (NHF) highlighting the maze of overlapping state vs. federal rules governing lenders. Last Friday, FHA Headquarters staff started calling lenders to advise them of FHA's concerns with ...

and more »

DSNews.com

OneWest's Financial Freedom Settle Allegations
DSNews.com
... alleged that Financial Freedom had not properly disclosed on the insurance claims forms it filed with the FHA that the mortgagee was not eligible for such interest payments because it had failed to meet various deadlines relating to appraisal of ...
Mnuchin's OneWest subsidiary agrees to $89M settlement for reverse mortgage violationsHousingWire

all 10 news articles »

Mortgage Professional America

Reverse mortgage servicer, once owned by Treasury head, to pay $89 million penalty
Mortgage Professional America
According to the DOJ, Financial Freedom failed to meet various FHA deadlines related to appraisal of properties, submission of claims to HUD and the pursuit of foreclosure proceedings on reverse mortgages. It then allegedly tried to obtain insurance ...

and more »
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