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Appraisal modernization: What is going on with the forms?

Housing Wire

Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. No doubt, investment in modernization is needed in the appraisal process.

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CFPB, DOJ warn AI advances are not an excuse to break laws

Housing Wire

These automated systems are often advertised as providing insights and breakthroughs, increasing efficiencies and cost-savings, and modernizing existing practices. “Private and public entities use these [emerging A.I.]

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Federal agency members voice support for new CRA rules 

Housing Wire

representatives at federal agencies reinforced their support for the new rules that would modernize the Community Reinvestment Act (CRA), a few days after a federal judge in Texas granted a preliminary injunction to banking associations that seek to halt its implementation. This week in Washington, D.C.,

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Wall Street SFR firms accused of stripping equity from neighborhoods

Housing Wire

And, finally, the House subcommittee reported that the “total number of tenants behind on rent and fees increased by almost two-fold [over the survey period], with tenants with rental arrears increasing from 11.3% in 2021, and the number of tenants with fee arears increasing from 10% in 2018 to 20.7% in 2018 to $205.29

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HUD, White House announce new initiatives designed to boost housing supply

Housing Wire

HUD is also expected to publish a proposed rule to “streamline and modernize the regulations for the HOME Investment Partnerships Program (HOME program),” an annual block grant designed to address housing supply. HUD has allocated $4.35

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Appraisal Risk and Modernization

Appraisal Today

Industry Insider Insight on Risk and Modernization. Fannie New Appraisal Form Modernization. If you are doing current value, such as for a sale to a tenant or relative, they usually want it sooner. The post Appraisal Risk and Modernization appeared first on Appraisal Today. Worth attending. Appraisal Business Tips .

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3 Ways Digital Data Capture Can Support Your PropTech Initiatives

GoForrmz

Many industries have been forced to make technological advancements to keep pace with the rapid pace of modernization – one of which being the real estate industry. The GoFormz platform provides PropTech teams with a highly professional, modern way of communicating effectively and efficiently.

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