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Is Market Value Itself Biased?

George Dell

Could the very definition of market value hold bias? The post Is Market Value Itself Biased? Let’s look. First, we need to figure out what types of bias there might be. There are two major categories: 1) analytical bias; and 2) human bias. And there may be some overlap!

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Opinion: Proptech’s big miss

Housing Wire

The value of all residential real estate worldwide is approximately $200 trillion. The numbers are staggering so it is no surprise that residential proptech is a heady market, capturing the imagination of entrepreneurs and institutions alike. 1 job is to optimize shareholder value. Of this, the U.S. exceeds $1.5 Investors’ No.

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The appraisal industry’s governance problem

Housing Wire

The report, commissioned by the Appraisal Subcommittee and led by the National Fair Housing Alliance , found that the appraisal industry, in sharp contrast to other sectors in housing finance, has been allowed to regulate itself. Our analysis finds that the appraisal industry has operated in a relatively closed, self-regulated framework.”.

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Why your LOS isn’t delivering a bespoke borrower experience (and what to do about it)

Housing Wire

The root of lenders’ dissatisfaction with their LOS is unrealistic expectations versus the limitations of the LOS itself. Unlike an LOS, a POS system is intended to be consumer-facing, offering an opportunity to design and deliver a tailored experience that aligns with the lender’s brand, values and customer journey.

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Appraiser Has Very Big Problems With Borrower

Appraisal Today

To read more, Click Here To read the listing and see the virtual tour and 45 photos, Click Here = The Charges Against Us: A Look into Biases by Tim Andersen, MAI Excerpts: Many claiming and concluding that appraisers are racist bigots is very much consistent in the news today. Opens in You Tube. Glass-Walled, Midcentury Manse in Houston $3.1M

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AI will be a supercharger for loan officers: Blend CEO

Housing Wire

of the total market originations in the second half of 2022, up from 14.5% Artificial intelligence (AI) is a buzzword in virtually every industry right now. And, in the mortgage industry, AI will play an instrumental role in helping loan officers to be more efficient, according to Nima Ghamsari , Blend ‘s co-founder and CEO.

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Is This Discrimination?

Cleveland Appraisal Blog

As a child, many of my best friends had darker skin than mine. Fortunately, I grew up in a family whose view is that all people are equal, and that differences in race, skin color and background, are what make humans so beautiful. Sadly, there are some that do not share that view. . That is, until they pointed it out when I was with them.

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