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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession? Technology.

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The One-Mile Rule: Prudent Policy or Modern Day Redlining?

Appraiserblogs

In this article, we delve into the historical context of underwriting policies and their influence on the appraisal. Related Posts: Is the GSE's "Appraisal Modernization" Really Just… Mass Appraisal tend to exhibit a regressive nature. appeared on Appraisers Blogs.

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Race and the Property Valuation Industry

Appraisal Buzz

The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. The property valuation industry has a system for dealing with situations where a home’s appraised value is in dispute; it’s called the review process. Let’s unpack this situation…. But, what else played a role? Perception.

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How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. With the acquisition, Class Valuation is looking to deliver a completely digitized appraisal process. Closing Thoughts.

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PAVE Task Force Releases Recommendations to Promote Valuation Equity

McKissock

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

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The Fall 2021 Appraisal Buzz Magazine has Arrived

Appraisal Buzz

Our cover article is an incredibly insightful conversation on racial bias in the appraisal industry. We have articles to help appraisers, AMCs, and lenders grow in every aspect of their business. Make sure you take a look at our schedule for Valuation Expo – we’ve included a code for $100 off of any Valuation Expo Pass!

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Fannie Mae ‘Census Block Grid’ Adjustment Raises Redlining Concerns

Appraiserblogs

In a recent discussion within the comments section of an article titled ‘The Censorship of Appraisers,’ appraiser Spencer Paul shared a concerning statement from an underwriter about an adjustment made by Fannie Mae’s Collateral Underwriter tool. Related Posts: The One-Mile Rule: Prudent Policy or Modern Day Redlining?

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