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Overcoming 2023’s biggest appraisal challenges

Housing Wire

Appraisals have gotten a lot of attention due to that and much of what we saw in 2022 were reactions to what we deemed as an untenable situation with appraisers. There are several ways we can do that from how we allocate orders, set fee schedules, and handle reconsiderations of values. B) Property intelligence.

Appraisal 390
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White House marks one year of PAVE appraisal bias action plan

Housing Wire

Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and White House Domestic Policy Advisor Ambassador Susan Rice, the PAVE task force revealed its action plan one year ago and claims that its efforts have amounted to “critical progress” in its efforts to make the homebuying process more equitable for people of color.

Appraisal 390
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A View on Risk: Desktop Appraisals

Appraisal Buzz

Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for eligible loan transactions. In turn, appraisers developed, supplemented, and maintained practices to ensure the data provided to the appraiser did not result in a misleading appraisal. It appears the FHFA is making good on their promise.

Appraisal 435
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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Housing market trends for 2022. Opportunities for appraisers in 2022.