- FNC Report: Larger Homes Show Faster Appreciation than Smaller Homes Over the Past Decade
- 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
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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