Tag Archives: GSEs

Thankful for Higher FHA Loan Limits?

FNC’s Morning View callers couldn’t see Bill Rayburn’s pink shirt, pink tie, and yellow ascot on Monday, but he and Bob Dorsey were in a festive mood going into the Thanksgiving holiday weekend.

Bob: We need to talk about important stuff first. Have you got your turkey yet, or are you having a pig this year?

Bill: We got a lot of turkey. We got a lot… Continue reading

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So, When Can We Collect the Appraisal Fee?

One topic which is near and dear to lenders and appraisers is: When can a lender or broker (“loan originator”) collect funds from an applicant to pay for appraisals and other services that are part of the origination process?

We are so used to looking to FIRREA, the federal regulations and guidance from Fannie Mae and Freddie Mac for guidance on appraisal matters, that sometimes we forget there are… Continue reading

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Trust but Verify (Part 2)

This is Part 2 of Jon T. Fisher’s post Trust but Verify. Part 1 of the series can be viewed here.

Now, as the economy is beginning to show signs of life, lenders are working toward rebuilding their securitization networks so that more private options will be available for securing capital for mortgage funding in the future. The industry needs the private security markets to return as the… Continue reading

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Bloggers, Researchers, Economists Examine GSE Housing Reform Options

“A growing number of observers are arguing that one of the Treasury Department’s proposed replacements is effectively the same system by another name,” writes Donna Barak in today’s American Banker.

The housing reform plan, presented in February by the Obama Administration and the Department of Treasury, outlines three options for the industry’s future:

1. Privatized system of housing finance with the government insurance role limited to FHA, USDA… Continue reading

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Valuation 2010: A Recap

At the Valuation 2010 Conference in Las Vegas this week, more than 600 appraisers in attendance learned that change in is the air and it’s blowing in from many different directions. Political forces like the HVCC and now the Dodd-Frank legislation, along with an imploded housing market, will be two of the main factors profoundly changing the face of appraising. Also new technology, new tools, and new methodologies will shape… Continue reading

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Interesting, Even Alarming, News from SoCal Mortgage Market

The Appraisal Institute’s Southern California Chapter—the largest of its chapters in the country—hosted its 16th Annual Summer conference on Thursday, July 29, 2010. The chapter presented an excellent program of continuing education that was well attended by both residential and commercial appraisers.

Of particular interest to residential appraisers was a panel presentation—The Changing Role and Responsibilities of AMCs in the Current Marketplace. Panelists included Wes McDaniel, CoreLogic; Jeff Dickstein… Continue reading

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