Housing Wire

MARCH 23, 2023

Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S.

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McKissock

JANUARY 8, 2021

This initiative has significantly reduced the number of formal Reconsideration of Value (ROV) requests received by the VA. Take a deep dive into VA appraisals with our new CE course: Appraising for the VA. How Tidewater works.

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McKissock

JANUARY 8, 2021

This initiative has significantly reduced the number of formal Reconsideration of Value (ROV) requests received by the VA. Take a deep dive into VA appraisals with our new CE course: Appraising for the VA. How Tidewater works.

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Reconsideration of Value Appraisal Contracts Appraisal Process 52

Appraisal Today

APRIL 7, 2023

Communicating quickly with the lender is an issue with the appraisal process. Carden designed and built the house beginning in 1986. ” The unique design of this home has been carefully preserved, an impressive feat in which no rooms are square or rectangular. Was listed for $748,000 in 8/22. Built in 1960.

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Appraisal Today

SEPTEMBER 9, 2022

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. To read more, click here.

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Housing Wire

JUNE 2, 2023

The Biden administration also announced that it would expand the ability for homeowners to pursue reconsiderations of value (ROVs), saying that federal banking agencies “are in the process of issuing proposed guidance on how financial institutions may integrate ROV policies and controls into their current appraisal processes,” the White House said.

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Housing Wire

NOVEMBER 30, 2021

Regardless of the size or complexity of a system or process, it is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% All people.

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