March 2, 2010
Appraisal Management Companies (AMC) are being hotly debated across all real estate professional lines. I don’t see that there is anything I can add to the debate. The sides have their pros and cons. To me it’s a classic scenario of government vs. industry…. need I say more? I have my own opinions of the way(s) the rules were changed and the value(s) these [...]
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March 1, 2010
The Federal Housing Administration (FHA) is the largest government insurer of mortgages. Part of the U.S. Department of Housing and Urban Development (HUD), FHA provides mortgage insurance on single-family, multifamily and manufactured homes made by FHA-approved lenders. The FHA recently changed their requirements, now only Certified Appraisers are able to perform appraisals for FHA insured loans. This is arguably thought to be [...]
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