Higher mortgage rates, record levels of home price appreciation, constrained housing inventories and economic inflation have lenders and borrowers on edge this year. Fannie Mae recently found consensus opinion among mortgage executives that both purchase origination and refinance activity will decline. In addition, Fannie Mae’s December 2022 report offered insights into the mortgage...
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Desktop Appraisals: Top 10 Most Frequently Asked Questions
March 20, 2023
As real estate lenders begin to embrace desktop appraisal technology as a new industry standard for a wider variety of loans, many lenders have questions. In this blog, we answer the ten most common questions we receive about desktop appraisals and outline how you can leverage desktop appraisal technology to process a higher volume...
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