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CBC Mortgage’s Tai Christensen to speak at Spring Summit

Housing Wire

The homeownership gap between white and Black Americans is larger than in the 1960s, and both real estate and mortgage lenders are looking for solutions. The panel will also discuss the challenges of helping bridge the homeownership gap in the wake of COVID-19.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.”

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ChatGPT for Appraisers

Appraisal Today

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? Built in 2003, the Mediterranean style primary residence totals 4, 050 sq. As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. Fudge, who is a black lady, issued another report recently.