After a successful test run triggered by the pandemic, Fannie Mae and Freddie Mac will soon be permanently accepting remote desktop appraisals on eligible transactions.
Fannie Mae and Freddie Mac to launch remote desktop appraisals in 2022
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Real Estate Principles: Video™
A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles: Video™
Recent updates to the course e-book
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
DRE Hot Seat: Deceitful misrepresentations are not due diligence
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to comply with advance fee requirements while conducting prepaid rental listing service (PRLS) activities.
MLO Mentor: Appraisal independence
MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators (MLOs). This article discusses the importance of appraisal independence. Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California MLO license and learn more about...
Mortgage Concepts: Common mortgage fraud schemes, Part 2
This video continues discussing common mortgage fraud schemes mortgage loan originators are likely to encounter in their business
California’s homestead exemption falls short of full protection for homeowners
California homeowners require greater protection against creditors seeking to force a home sale and seize their hard-earned home equity.
Clarity on AMC designated officer rules
The designated officer (DO) is an important role ensuring appraisal management company (AMC) compliance.
DFPI Bulletin Digest: February 2022
The February 2022 DFPI Bulletin focuses on a fraudulent scheme targeting the elderly, a joint action toward MLO education, and annual reports due, among other topics.
Mortgage Concepts: Common mortgage fraud schemes, Part 1
This video discusses common mortgage fraud schemes mortgage loan originators are likely to encounter in their business.
MLO Mentor: The Equal Credit Opportunity Act
MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators (MLOs). This article discusses the Equal Credit Opportunity Act (ECOA). Enroll in firsttuesday’s 8-Hour NMLS CE to renew your California MLO license and learn more about...