by hmsdesign | Oct 3, 2022 | Blog, Real Estate
massive devastation to appraisers across the country
by hmsdesign | Aug 21, 2019 | Blog, Misceallaneous, Real Estate
In one swoop of the pen, the Federal Deposit Insurance Commission (FDIC) Board of Directors, decided that home mortgages will no longer need to obtain an appraisal for loans under $400,000. With this increased threshold, apx. 72-75% of all home mortgage transactions...
by hmsdesign | Jun 19, 2019 | Blog, Real Estate
Inaccurate square footage is already an issue that hurts the home-buying public. The lack of a nationally mandated measurement standard creates confusion and disagreement among all those that provide this information for the public. The inconsistencies among agents...
by hmsdesign | Nov 22, 2018 | Blog, Real Estate
The Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve are proposing to eliminate the appraisal requirement on certain home sales of $400,000 and below, increasing the appraisal threshold...
by hmsdesign | Nov 5, 2018 | Blog, Real Estate
Hypocrites, yes what else should we call them? There’s a great deal of talk about protecting the consumer, but home buyers are being cheated every day by the absence of a nationally mandated measurement standard. No opinion, it’s a fact. The National Association of...
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