Author name: Ricky Vasquez

VA updates appraisal rules, adjusts fees in some regions

The U.S. Department of Veterans Affairs (VA) has updated several home loan appraisal requirements, removing and revising certain Minimum Property Requirements (MPRs), the agency announced Thursday. The changes are now in effect and reflected in the revised VA Lenders Handbook. The agency said in a news release that the updates are intended to “reduce delays,

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The portal and brokerage buying spree has one goal, control the stack

The modern battlefield offers a lesson in real estate vertical integration. Look around. Rocket bought Redfin. Compass combined with Anywhere to become the country’s largest brokerage, north of 340,000 agents. Zillow is fighting over listing access. Homes.com is still buying its way to portal relevance. NAR and the MLSs are defending mandatory cooperation rules. And

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