Friday , 18 September 2020

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4 Retirement Resources for Appraisers (Free for Members)

Here at McKissock, our Unlimited Learning Members enjoy 24/7 access to a wide array of online resources for real estate appraisers. These resources cover a huge variety of topics, from home construction to USPAP compliance to retirement planning, and much more. If you’re beginning to prepare for retirement (it’s never too soon!), here are four excellent retirement resources available right …

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Tracking Hurricane Laura’s Impact on Homeowners

With the storm having made landfall Thursday with winds estimated at 150 mph, the industry is mobilizing to assist impacted homeowners, but challenges such as insurance gaps will complicate that recovery. The post Tracking Hurricane Laura’s Impact on Homeowners appeared first on DSNews.

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Competition Heats Up Amid Diminishing Inventory

Listed homes are selling at a significantly faster pace thanks to an evaporating housing inventory, according to the latest Realtor.com’s Weekly Recovery Report. For the week ending August 22, the average time on the market is nine days less than last year while buyers are sorting through an inventory that is down 37% from one … The post Competition Heats …

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Ten Places Most Affected By Delinquencies

A number of metros in seven states are under enhanced siege by a percolating number of FHA delinquencies, jeopardizing homeowners and neighborhoods, according the AEI.org. A cocktail of factors place them at pronounced risk. They include, a large FHA portfolio containing a high percentage of delinquent loans (>17%) or seriously delinquent loans (>10%); these percentages … The post Ten Places …

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Fannie Mae Offers Assistance to Disaster-Impacted Servicers

GSE Fannie Mae recently reminded those impacted by Hurricane Laura and the California wildfires that mortgage assistance and disaster relief options are available. Under Fannie Mae’s guidelines for single-family mortgages impacted by a natural disaster, homeowners may request mortgage assistance by contacting their mortgage servicer following a disaster. Mortgage servicers are authorized to suspend or … The post Fannie Mae …

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FHFA Extends Foreclosure, REO Eviction Moratoriums

In order to “support households impacted by COVID-19,” Fannie Mae and Freddie Mac today announced an extension of the temporary moratoria on foreclosures and evictions until December 31. The moratoria, previously set to expire August 31, is effective immediately and applies to properties with single-family mortgages backed by the GSEs. The suspension of evictions applies … The post FHFA Extends …

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