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FHFA takes a swing at racial bias in appraisal

Housing Wire

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. But when the FHFA hunted for examples of racial bias by keyword searching the free-form commentary section in millions of appraisal reports, it found thousands of references to race and ethnicity.

Appraisal 424
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GSEs further expand AVMs, desktop and hybrid appraisals

Housing Wire

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. But for all the weaknesses amongst appraisers, who is training the average property data collector on this stuff?

Appraisal 292
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Appraisers slam FHFA appraisal blog post

Housing Wire

Research detailing overt demographic references in appraisal reports has sparked anger from appraisers, even as they express dismay at the findings. “I But Schley also cast doubt on whether the bias references came from appraisers. “We Neither FHFA nor the GSEs would provide a time period for the references.

Appraisal 322
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8 top real estate lead generation companies for 2024

Housing Wire

The company provides robust marketing and nurturing tools, including a CRM with lead data, home valuation landing pages, direct mail campaigns, a comparative market analysis tool and more. Agents do pay for these leads, with Zillow’s “Zillow Flex” now taking a percentage of commissions from referred leads.

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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it.

Appraisal 397
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What Do Appraisers Look For in a Sales Contract?

Appraisal Today

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

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7 best real estate schools in Florida (FL) for 2024

Housing Wire

Key takeaways AceableAgent offers courses for every stage or your real estate journey, from prelicensing to post-licencing and training to hone your professional skills. Includes specialty, core Law & Ethics CE training. All Post-License Courses meet Florida’s 45-hour post-licensing requirement for first-time renewals.