Valuation
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Appraisers are worried about allowing banks to delay appraisals until 120 days after a mortgage closes
Apr 15, 2020The Fed, FDIC and the OCC surprised the mortgage business Tuesday evening when they announced that banks will soon be able to postpone getting an appraisal for 120 days after a mortgage closes. Unsurprisingly, appraisers are concerned about the prospect of not being involved in the transaction until four months later. But that’s not their only concern.
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Banks will soon be able to postpone some appraisals until 120 days after a mortgage closes
Apr 14, 2020 -
Valuation tech special reports
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Fannie Mae, Freddie Mac relax appraisal, employment verification standards in wake of coronavirus
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Black Knight acquires Collateral Analytics
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2020 HW Tech100 Mortgage winner: Class Valuation
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Former Treasury housing advisor Craig Phillips joining HouseCanary
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