Remove Appraisal Remove Appraisal Process Remove Reconsideration of Value Remove Reference
article thumbnail

Progress now or perfect later: Improving the appraisal process

Housing Wire

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. And we absolutely should not compromise on that end result. No more clipboards.

article thumbnail

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. The team at Fannie Mae were the first to announce requirements lockstep with their Regulator that desktop appraisals will become a normal part of the appraisal product landscape. Appraisal Labels.

Appraisal 435
article thumbnail

Senators grill HUD official over absent GSE appraisal data

Housing Wire

The lack of appraisal data from the government sponsored enterprises took center stage at a Senate Banking Committee hearing Thursday on appraisal bias. Tina Smith, both Democrats, also piled on to support making appraisal data public. Fannie Mae and Freddie Mac referred requests to comment to the Federal Housing Finance Agency.

Appraisal 489