- FNC Webinar: Update on Regulations and Guidance Concerning Collateral Valuations
- FNC Index: Home Prices Nationwide Up 0.8%; San Francisco Market Declines for First Time Since 2012 Recovery
- Unraveling Fannie Mae Guidelines
- FNC Index: Home Prices Up 2.3% in the Second Quarter
- Regulatory and Compliance Update with Shawn Telford and Neil Olson
TagsApple appraisal Appraisal Institute appraising Bank of America Bill Rayburn Bob Dorsey BP CMS Dodd-Frank economy Facebook Fannie Mae Federal Reserve Florida FNC FNC Morning View FNC Residential Price Index foreclosure Freddie Mac GAAR Google GSEs Gulf Coast home prices housing housing market housing prices housing recovery HVCC mortgage National Association of Realtors National Collateral Database oil crisis Residential Price Index RPI smartphone social media social networking technology Tech Thursday Twitter U.S. housing market webinar Weekly wrapup
Monthly Archives: December 2009
It has been an active year for appraisal management company (AMC) legislation. Because of the activity, we presented an update on AMC legislation in June, 2009. Since then we have updated the presentation itself to keep up with the various changes this year (although we did not catch everything).
We plan on holding another briefing on AMC legislation on Thursday, February 18, 2010 at 1:00 PM Central. Watch… Continue reading
At FNC, we’re here for you not only during the holiday season…
Count on us year-round to provide the support you need for your mortgage lending and servicing processes.
This year, in support of home owners nationwide, FNC is delighted to give to Habitat for Humanity in the name of our clients for whom we are truly grateful.
Happy Holidays… Continue reading
I will ask the question on the mind of many appraisers today: “How do lenders, servicers, etc. choose the valuation products they order? Specifically why do they choose BPOs (broker price opinions)?
In the origination world, the answer is simple. The lenders don’t order BPOs. Their investors, which today are essentially Fannie Mae, Freddie Mac, and FHA, don’t allow BPOs for origination.
In the loan servicing world, the investors… Continue reading
Recently one of our clients asked us to look at the relationship between sales price and appraised value across the country. We looked at about 200,000 sales transactions over the first nine months of the year and found that most of the appraised values were above the actual sales price.
The chart below shows the percent of purchase transactions where the sales price was above the appraised value.… Continue reading