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