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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

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. George Dell – his usual very interesting comments.

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

Appraisal organizations like the Appraisal Institute should advocate for appraisers, as advocacy is a key membership benefit. Their role is to provide impartial, data-driven opinions of value. Chance suggests the Institute will undertake communications grounded in facts and science to reframe the false narrative around appraiser bias.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

fraud scheme Walter Roberts II of North Carolina faces five-year maximum sentence Excerpts: An appraiser in North Carolina is set to face the music after conspiring in a massive $1.3 Roberts faces a maximum of five years in prison and will be sentenced in six months. . == Appraiser pleads guilty in $1.3B Photos and lots of examples.