Now with single-sign on (SSO) and.Client Resource Center Resources, training, System Status, and FAQ to help you run your business.Activate the Mac Developer tab add-in in PowerPoint as follows: Start PowerPoint. But I can't move a picture away from the top right corner of the page.Go beyond saving passwords with the best password manager Generate strong passwords and store them in a secure vault. The internet says there is no Publisher for Mac because you get all the same functions using Word for Mac. I used to use Publisher on a PC which allows you to put a picture exactly where you want it the page. I am trying to create a program for a memorial service.
In Word Is It Possible To Move From P 1 To 20? How To Work WithMethod 1: Drag & Drop USB Wired Transfer You can transfer content files from a Windows or Mac computer to your Kindle Fire HD device, including books, music, video, photos, and documents, using the USB cable that came with your Kindle.Seller/Servicer Guide Learn how to work with us with our Guide Bulletins and Industry Letters.Multifamily Division For Optigo® lenders, investors and borrowers.Optigo.com Here for you. Depending on your version of macOS, you may be prompted to grant access for PowerPoint to control. Click the OK button to finish. Click the + symbol, browse to the folder where you saved the add-in, select it and click Open.4 We find substantial appraisal valuation gaps 5 for minority versus White tracts. 3First, we examine the raw differences in the percentage of properties that receive an appraisal value lower than the contract price in minority tracts compared to those in White tracts. View sites for Renters, Buyers and OwnersMy Home by Freddie Mac® Resources to help you rent, buy and own your home.Do we own your mortgage? Find out if Freddie Mac owns your loan using our secured lookup tool.Did we finance your apartment? Use our lookup tool to see if Freddie Mac financed your apartment building.CreditSmart® Financial and homeownership education resources all about you.To follow up on several stories of potential purchase appraisal 1 bias in various news outlets, 2 Freddie Mac kicked off a study of whether minorities are more likely to receive an appraisal value that is lower than the contract price during purchase transactions.Our research shows that differences in comparable sale (or comp 6) distances, comp reconciliation, 7 variances in sale prices of comps, and possible systematic overpayment for properties by minorities cannot explain the appraisal gaps for minority tracts observed in our data. In the fourth section, we explore several possible explanations for the observed appraisal gaps in minority neighborhoods. Our analysis shows gaps for a large fraction of appraisers who provide valuations in both minority and White tracts. In the third section, we test whether the observed gaps are driven by only a few appraisers.![]() Our research is based on two assumptions: (1) markets for home sales are functioning well, regardless of the share of minority people living in a neighborhood and (2) the contract price is a reasonable benchmark in purchase transactions. The focus of our research is to study whether the appraisal outcome is different for minority groups versus the White group. IntroductionAn appraisal is meant to opine on the market value of a home, so that lenders have adequate collateral for the loan. Our preliminary modeling results suggest that a property is more likely to receive an appraisal lower than the contract price if it is in a minority tract. For the purpose of this Research Note, an “appraisal gap” means the percent difference in the share of properties or applicants receiving “appraisal value lower than contract price” between minority and White groups. The term "appraisal gap" has been used in various papers with varying meanings. In this Research Note, we use the term "appraisal value lower than contract price" to refer to appraised values that are lower than the contract price for home purchases.We analyze the percentage of properties or applicants receiving "appraisal value lower than contract price." The metric is calculated separately for Black and Latino versus White groups. Specifically, if the share of Black (or Latino) people in a tract is 50% or more, this tract is categorized as Black (or Latino). We use 50% as the threshold to define minority tracts. Tracts are classified according to the minority share of the population in that tract according to the 2010 census data. Is there an appraisal gap in minority neighborhoods?Appraisers' opinions of value are more likely to fall below the contract price in Black and Latino census tracts, and the extent of the gap increases as the percentage of Black or Latino people in the tract increases.We examine the appraisal outcomes for properties in Black and Latino tracts versus those in White tracts. When examining whether appraisal gaps exist, we consider the race and ethnicity of both the tracts in which the properties being appraised are located and of the applicants applying for a loan to buy the property. We focus on four race and ethnicity groups for this analysis: Black, Latino, White, and Overall. Add google drive to desktop for macIf the minority group has a higher percent than the White group, that gap is highlighted in orange, indicating an unfavorable outcome for that minority group. if the Black (or Latino) share is ≥ 80%.If the overall minority share 9 in a tract is below 50%, the tract is flagged as White.Exhibit 1, based on data for more than 12 million appraisals for purchase transactions submitted to Freddie Mac from January 1, 2015, to Decemthrough the Uniform Collateral Data Portal (UCDP), 10 shows that properties in Black and Latino tracts receive appraisal values lower than the contract price more often than those in White tracts. if the Black (or Latino) share is ≥ 50% and < 80% In purchase transactions, appraisals are completed on sellers' properties, but the information on race and ethnicity is collected from borrowers. Is there an appraisal gap for minority applicants?Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants.In this section, we use the minority status designated by applicants on their mortgage applications to examine the difference between Black and Latino applicants and White applicants. The patterns we see based on the aggregate national data in Exhibit 1 mostly persist thus, the appraisal gaps seem pervasive. In addition, we analyze the top 30 Metropolitan Statistical Areas (MSAs). Exterior-only inspection or desktop—no on-site inspection) by occupancy type (owner, tenant, vacant) by property condition, by housing trend indicated in the appraisal report (stable, increasing, declining) and by urbanization level (urban, suburban, rural). For example, the gap for properties in Latino tracts increases from 7.7% in the bucket to 9.4% in the bucket.To check whether the appraisal gap patterns in Exhibit 1 are consistent and robust, we perform numerous robustness checks from different perspectives, including by appraisal type (appraisal with interior inspection vs. For example, 9.5% of the Latino applicants receive “appraisal value lower than contract price”, compared to 6.5% of White applicants, resulting in a gap of 2.9%.3. Exhibit 2 shows that Black and Latino applicants receive “appraisal value lower than contract price” more often than White applicants. This merge reduces the UCDP dataset from 12+ million to less than 2 million (due to missing values in the merge field and thus a low merge rate) and includes appraisals from 2016 to 2020 instead of the original time period (2015 to 2020). We hope to address this data limitation in future research.Exhibit 2 is based on a dataset we generate by merging the 12+ million appraisals from UCDP used in the first section with loan application data submitted to Freddie Mac. For example, if a Black homeowner's property is valued less than the benchmark and later sold to a White borrower, this transaction will be categorized as "White" instead of "Black" in our dataset. The x-axis shows the appraisal gap, and the y-axis presents the percentage of the 934 appraisers who exhibit that gap. Exhibit 3 shows the distribution of the 934 appraisers’ gaps. In addition, we perform one-sided t-tests to examine which gaps are statistically larger than zero.Based on our dataset, 21,058 appraisers submitted appraisal reports in both Black and White tracts out of this group, 934 appraisers have statistical power and qualify as the Black versus White sample for t-test. 11To know whether a small fraction of appraisers is generating the observed gaps, we calculate the gaps for each individual appraiser who submitted appraisals for properties in both minority tracts and White tracts.
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