Property valuation has always been one of the stranger parts of the mortgage transaction for consumers. A buyer can negotiate a purchase price with a seller, provide months of financial documentation to a lender and get all the way through underwriting only to have...
Six federal regulatory agencies have jointly requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In a statement, the agencies said the proposed rule would “implement quality control...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
