Contracts Government Modernization Valuation 
Housing Wire
NOVEMBER 30, 2021
The movement to embrace appraisal modernization techniques also holds the promise of removing the potential for racial bias, better supporting efforts to remove valuation gaps that persist in minority neighborhoods. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4%
Housing Wire
JUNE 14, 2022
According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models. Using its automated valuation models “leads to relatively lower racial gaps,” Freddie Mac said. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.
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Appraiserblogs
MAY 26, 2022
A new press release from Class Valuation, one of the largest US based AMCs, scampered across my office threshold on 5/17/22. the modern appraisal industry perpetuates racial inequality through its continued use of the “sales comparison approach”. But the push this times seems to be “only for certain people. I added the. A synopsis is….
Housing Wire
AUGUST 7, 2023
The result is higher costs, lower productivity, unmeasured quality, and systemic exposure as government monopolies take most of the risk and make most of the money. Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability.
Housing Wire
MAY 2, 2022
It is an alternative appraisal method that is essentially a compromise between an automated valuation model (AVM), entirely done by software, and a traditional appraisal. The webinar was attended by nearly a thousand industry participants, including lenders, valuations experts and third-party fintech companies.
Housing Wire
DECEMBER 31, 2021
Few in mid-March could have predicted that a perfect storm of ultra-low interest rates, new migration patterns and historic government intervention wouldn’t just save them, but line their pockets with billions of dollars and change their entire trajectory. But many of those elements are fading as the industry heads into 2022.
Appraisal Buzz
JUNE 20, 2022
The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety.
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