Agents & Brokers

Massive Expansion of Appraisal Waivers

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Editor’s Note: Currently appraisal waivers make up approximately 46% of all valuations for GSE mortgage transactions.   Massive Expansion of Appraisal Waivers by Isaac Peck, Editor The expansion of Fannie Mae and Freddie Mac’s (the GSEs) appraisal waiver programs, to replace traditional appraisals, has been anything but modest. Here’s how it effects the lending landscape.… Read More

Agent Disclosures and “Reasonable Diligence” – Lawsuit that Started it All

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Editor’s Note: Ever wonder about the legal precedents that underlie modern day disclosure and due diligence practices of real estate agents/brokers?  Read on to learn more about a landmark litigation case that changed the agent/broker liability landscape.   Agent Disclosures and “Reasonable Diligence” – Lawsuit that Started it All by Isaac Peck, Editor If you’ve… Read More

AVMs to Finally Replace Appraisers?

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>> RE Agent/Broker Professional Liability- E&O Insurance >> Real Estate Agent and Broker News     Editor’s Note: This story is from the latest print edition of Working RE. Don’t miss the next issue! (Am I a Working RE Subscriber?) AVMs to Finally Replace Appraisers? By Isaac Peck, Editor Since the 1990s, there have been those… Read More

Three Dangerous Ways to Choose Comps

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>> See Past News Editions >> Click to Print >> RE Agent / Broker E&O Insurance >> Am I a Working RE Subscriber? Three Dangerous Ways to Choose Comps by Ryan Lundquist It’s easy for an appraiser to get into value trouble when choosing comps and today I want to highlight three ways to do that.… Read More