Appraisal Legal Reconsideration of Value Valuation 
Housing Wire
MARCH 26, 2024
loanDepot has settled a lawsuit filed by a Maryland couple accusing the firm of appraisal bias, ending a case that gained national attention two years ago. California-based loanDepot will pay an undisclosed amount and commit to improving its mortgage appraisal practices. But the company hasn’t admitted any fault.
Appraisal Today
MAY 10, 2024
ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. For appraisers, Section II.D.2.
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Housing Wire
JANUARY 24, 2022
That was the startling and totally hypothetical analogy made, based on the current structure of the Appraisal Foundation , in a scathing report released this week. Until recently … the appraisal industry seems to have escaped the type of regulation and scrutiny faced by other participants in the mortgage market,” the authors wrote.
Portland Appraisal Blog
APRIL 14, 2019
Streaking through the atmosphere is a meteor scientists have dubbed “the appraisal”; it came of out nowhere and impacts your deal at hypersonic velocity, obliterating it in an instance. If so, you’ve probably run through the five stages of grief: 1) Denial—there’s no way that idiot appraiser killed my deal! There must be some mistake.
DataMaster
JUNE 2, 2023
Yes, we’re talking about reconsideration of value (ROVs) and revision requests. The Biden-Harris administration has been vocal in its efforts to address racial and ethnic bias in home valuations. In 2022, the administration launched the interagency task force on Property Appraisal and Valuation Equity (PAVE).
Appraisal Today
NOVEMBER 4, 2022
Appraisers Share Their Best Tips for Working with AMCs. They really appreciate it, and it ensures you can complete assignments on time as you had planned (no one likes waiting for a legal description only to have it show up on your day of 4 inspections!). My comments: Read this blog post with practical tips from practicing appraisers.
DataMaster
JUNE 2, 2023
Yes, we’re talking about reconsideration of value (ROVs) and revision requests. The Biden-Harris administration has been vocal in its efforts to address racial and ethnic bias in home valuations. In 2022, the administration launched the interagency task force on Property Appraisal and Valuation Equity (PAVE).
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