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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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A Log Home Valuation

Appraisal Buzz

It is no secret that log homes do not appraise well. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? Many appraisers in urban areas like Chicago believe that the log home market is irrelevant and is not worth exploring.

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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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Clear Capital acquires Finnish digital floor plan firm

Housing Wire

The calculations reached by CubiCasa technology are aligned with American National Standards Institute standards and the technology can be used without prior training by anyone with a smartphone. How do remote valuation solutions benefit appraisers? Presented by: Incenter.

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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.

Appraisal 397
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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. Johnson said.

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The hybrid appraisal is here. Who benefits?

Housing Wire

It’s a model in stark contrast to that of inspections for traditional appraisals. It may also be viewed as revolutionary for an industry in which the most significant change to the appraisal process in the past few decades was the advent of appraisal management companies as an intermediary between lenders and appraisers.

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