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12 Housing Markets where Home Buyers Get the Most Bang for their Buck

While affordability remained a top hurdle for homebuyers in recent years, tales of accelerated home price appreciation wane. Property values are steadying and even declining in major cities, and the housing market heads for what is considered "normalcy" for the first time in two decades, according to Zillow. To read the full article in National Mortgage News, click: 12 Housing Markets where Home Buyers Get ...

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FHFA to Congress: Scale Back Support of Mortgage Market—Appraiser News Online

Congress Needs to Reduce, if Not Eliminate, Support of the Mortgage Market in Order to Encourage Private Capital to Enter the Market, Says Agency Head Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco said that Congress needs to take action to significantly reduce, if not eliminate, the government’s continued support of the mortgage market and make it more palatable for private capital ...

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Bank of America Cuts Appraisal Staff by 5 Percent—Bloomberg, Appraisal News Online, HousingWire

70 Percent of the Work Appraisers Did at Landsafe, Bank of America's Appraisal Division, Was Related to Soured Home Loans   Bank of America Corp.'s appraisal division LandSafe reduced about 5% of its work force, beginning Feb. 22, Bloomberg News, The Appraisal Institute, and Housing Wire reported.   LandSafe had more than 1,000 employees, the report said.  Hugh Son at Bloomberg explains a bit about the move ...

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