Page 12 - Property Data News Today

An estate agent has assured homeowners in Bolton that those on ‘fixed’ mortgage contracts will not be affected by repayment rates increasing.

Even with the government-sponsored enterprise's statement that full appraisals are no longer required to prove value, industry participants say they will remain a tool for lenders to use when needed.

Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization.

Clear Capital has launched Universal Data Collection, designed in compliance with new Fannie Mae and Freddie Mac standards.

Fannie Mae updated its Selling Guide with more options for property valuations, “moving away from implying that an appraisal is a default requirement.”

Though other big cities have caught up in the GIS space in the last 10 years and the surging open data movement has captured public attention in other ways, Querry says the City of Philadelphia maintains some of the most dependable map layers around.

With the Fed set to end its MBS purchases tomorrow, removing free money from the MBS market, where do you think home affordability will go from here? Mortgage rates are already at their highest levels since 2008 and in theory, a large buyer exiting the space should push MBS prices down and thus mortgage rates up. As one California mortgage executive wrote to me, “Home prices ran up 20 to 30 percent for two years, as Fed Chair Powell could not figure how to get his foot off the accelerator...

Unions say the proposals fall far short of what has been cut since 2010 from capital funding.

Unions say the proposals fall far short of what has been cut since 2010 from capital funding.

Unions say the proposals fall far short of what has been cut since 2010 from capital funding.