23rd October 2013

Man Predicting Housing Bubble Awarded Nobel Prize, expressed concerns about the potential for a new housing bubble.

Man Predicting Housing Bubble Awarded Nobel Prize – Repost from Appraiser News Online

Yale University professor Robert Shiller, along with University of Chicago professors Eugene Fama and Lars Peter Hansen, was awarded the Nobel Prize for economics on Oct. 14; Shiller for developing new methods of studying asset market trends with a focus on housing, HousingWire reported.

The Standard & Poor’s Case-Shiller Home Price Indices have become the benchmark by which U.S. single-family home price trajectory is measured.

…continue reading the rest of this post: Man Predicting Housing Bubble Awarded Nobel Prize, expressed concerns about the potential for a new housing bubble.

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23rd October 2013

GSEs Still Finding Problems with Home Appraisals

Re-posted from Appraisal Institute

Three years after the creation of a database seeking to standardize the home appraisal process, Fannie Mae and Freddie Mac continue to see major issues in numerous appraisals submitted by mortgage lenders, American Banker reported Sept. 12.

Fannie Mae conducted a sampling of appraisals and determined that 17.6 percent contained contradictory information, typically pertaining to the condition or quality of the property, Robert Murphy, the GSE’s director of collateral and single-family risk policy, told a Phoenix conference of risk managers. He added that those two factors are the most important in determining a property’s value.

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23rd October 2013

Residential UAD Review – The Right Way

Where: San Diego, CA
When: October 25, 2013

Click Here to Register / Seats are limited, so please sign up in the next 48 hours.

YOUR INSTRUCTOR: As a veteran field appraiser and reviewer, Bruce Ford will share the latest UAD changes that will affect your everyday work.

This class is vital to all appraisers using the UAD format, in today’s market. Bruce is a 21 year veteran, FHA Approved appraiser and is a Certified Residential Appraiser in CA. and NV. His prior bank experience was as Staff Appraiser and Reviewer for World Savings and Wachovia. His most recent position was as Senior Review Appraiser for AXIS Appraisal Management Solutions, Inc., located in San Rafael, CA.

DOORS open at Half hour before REGISTRATION

Attendance for entire 4 hrs. is mandatory in order to receive BREA / OREA credit

Have questions about “Residential UAD Review – The Right Way” – 4 hr. CE Class in Petaluma, CA?

Contact Bruce at NorCal Quality Appraisal / mailto:uadclasspetaluma@yahoo.com

…continue reading the rest of this post: Residential UAD Review – The Right Way

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