Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

How will FHA’s new HECM appraisal rules affect reverse mortgage lending?

By jguerin@housingwire.com

The latest change to the reverse mortgage program was just announced, and it requires a second appraisal on select HECM loans. Now, the industry is abuzz with speculation as to just how impactful the new requirement will be. Will turn-times slow down? Will the loan be more expensive for most borrowers? We talked to appraisal management companies to find out.

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Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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