Author name: Ricky Vasquez

Fannie Mae has updated its “highest and best use requirements” for the Uniform Appraisal Dataset 3.6 standard currently being implemented. These changes also involve reporting rental income via this standard. Processing Content The switchover, which is being phased in, requires all appraisals submitted to the government-sponsored enterprises’ Uniform Collateral Data Portal, to use the UAD […]

Last year I saw that the housing market was shifting in mid-June and that it would take six to nine months for people to understand what was happening. Sales were about to grow, inventory growth was about to slow down and we had no data whatsoever to even remotely talk about a housing price crash.

FHFA opens door to VantageScore for all lenders