Fannie Mae recently sent out updates notifying appraisers of specific changes to several categories. The changes included asset documentation requirements for refinance transactions and age of appraisals.

Walker & Dunlop, Inc. has acquired TapCap, a technology firm with proprietary web-based software that provides real-time, online quotes for commercial real estate debt. The platform also helps streamline the loan application and origination process.

Freddie Mac released the results of its Primary Mortgage Market Survey. The results showed the 30-year fixed-rate mortgage averaged 2.90 percent.

Buckingham Advisors, an Ohio-based RIA (Registered Investment Advisor) providing financial, tax, investment, and business services to consumers, reached out to Valuation Review to discuss where markets and businesses stand following the 2020 pandemic. Chief Financial Officer Jeff Groezinger shares his thoughts. Read on for more.

A new Zillow survey examining the housing preferences of and influences on millennials and Gen Zers finds about three in five plan to use money saved during the pandemic to put toward a down payment on a home. The survey showed even in an unprecedented global pandemic, homeownership still appears to be a priority and aspiration for many young adults. Read on for more from the survey.

The Appraisal Subcommittee (ASC) has awarded the Council on Licensure, Enforcement and Regulation, a 41-year-old nonprofit that promotes regulatory excellence, a three-year, $1 million grant. ASC Executive Director James Park details the funding. Read on for more information.

Yes Lender recently acquired Edge Funder, Inc., a fintech start-up that is transforming entrepreneur’s access to working capital through its direct-to-merchant funding portal. Powered by artificial intelligence and proprietary software, the portal presents multiple funding options to merchants within 60 seconds.

UniversalCIS, a market-leading, technology-enabled provider of credit data and related origination solutions in the mortgage industry, acquired the Lending Solutions and Appraisal Management Divisions of Data Facts, a national and international consumer reporting company. The acquisition will enhance UniversalCIS’ customer-centric origination solutions platform while expanding its foothold in new geographic regions.

The Federal Housing Administration (FHA) announced more measures to help homeowners struggling financially due to the COVID-19 pandemic. In line with other federal agencies, FHA has automatically extended its single-family foreclosure and eviction moratorium another month for all FHA-insured single-family mortgages, except vacant or abandoned properties, through July 31, 2021.