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HUD, GSEs to Allow Consumers to Seek Reconsideration of Appraisal Valuations

Appraisal Buzz

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are now allowing home appraisals to get a second look when bias is suspected in the appraisal process.

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Overhauling the Appraisal Process

DataMaster

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

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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. Really, appraisers have always thought this way. We produce appraisal “reports” not appraisal “forms.” This scope of work is determined by the type of property and the characteristics of the property.

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How data and technology can combat appraisal bias

Housing Wire

At Tavant , they’re taking a look at the past and present of appraisals to prepare for a better future. Problems with the current state of appraisals One of the current problems with appraisal is the barrier to entry, said Dawn Svedberg, vice president of sales for Tavant.

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7 best real estate schools in Massachusetts for 2024

Housing Wire

Students appreciate the well-organized, easy to comprehend content presented by experts in simplifying complex concepts likely to be included in the state exam, as well as the visual aids for assistance with retention and understanding. 6 months course access Ridgeline: All features of Base + Livestream option and Forms Training 101.

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Together Again – The MBA Annual Conference Recap

Appraisal Buzz

Going forward, they will make risk-based decisions as to the level of appraisal needed. Secondly, this will allow technology companies, lenders, and appraisers to develop new processes and technologies around desktops. Appraisal Technology was front and center at this show. This is an unprecedented situation.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

The Purpose and Components of a Comparative Market Analysis (CMA) The CMA is a tool that real estate agents use to develop a list price for the house they are selling. It is the agent’s version of an appraisal and while it may appear to be the same thing it is different in many ways.

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