Automated Valuation Model
Latest Posts
Underwriting: Property Value
Mar 12, 2013As a Direct Endorsement (DE) underwriter and the vice president of operations at Urban Financial Group, I’m often asked by reverse mortgage brokers and loan officers about appraisals—in particular, how property value is determined. For sales professionals, having a good understanding of this aspect of underwriting can actually help you improve customer satisfaction and contribute to a smoother loan process.The Appraiser and Underwriter’s Responsibilities Both the appraiser and the underwriter have a responsibility to the FHA to provide a quality appraisal report. The appraiser performs an on-site inspection of the property and compares it to nearby sales (called “comparables” or
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Emerging asset class pushes demand for rental data
Jan 29, 2013 -
CoreLogic launches Southwest Florida MLS data-sharing initiative
Jan 07, 2013 -
Appraising: Conquering Reverse Mortgage Decline and Preparing for the Future
Dec 03, 2012 -
Appraising: Reliable Valuations
Sep 25, 2012 -
First Valuation hires former MetLife chief appraiser as president
Sep 10, 2012 -
Investors retaliate against plan to seize mortgages
Jul 31, 2012 -
Default services firm readies automated rental valuations
Jul 27, 2012 -
Amount of underwater borrowers declines in 1Q
Jul 12, 2012 -
Seizing mortgages via eminent domain profits few
Jul 05, 2012 -
Licensed appraisers in Mass. shrink 39% since 2007
Jun 08, 2012 -
CoreLogic releases REO-to-rental valuation tool
May 07, 2012
