Rural Housing Archive

Administration Plan to Help Homeowners – The Valuation Side

Last week the Obama Administration unveiled its plan to help homeowners refinance to take advantage of historically-low interest rates. We are going to focus on the valuation side of the plan. If you want the rest of the details...
February 6, 2012

Your UMDP & UAD Update

Government sponsored enterprises (GSE), Fannie Mae and Freddie Mac are reminding interested parties that December 1, 2011, is a pretty important date for the Uniform Mortgage Data Program (UMDP). Going foward, Uniform Loan Delivery Dataset (ULDD) data points must...
November 30, 2011

Rural Housing Allows for Delayed Appraisal

The US Department of Agriculture’s (USDA) Rural Development issued an Unnumbered Letter last month temporarily permitting obligations of Section 502 loans without an appraisal.  This is being done on a temporary basis and all loans must continue to meet...
October 1, 2010