Appraisal Buzz
AUGUST 1, 2022
As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. When reading contracts, words will always have their ordinary meaning unless defined otherwise. adjective.
Housing Wire
SEPTEMBER 20, 2021
Appraisals in Black and Latino neighborhoods are more likely to fall short of the contracted sale price, a Freddie Mac study of 12 million appraisals found. The research examined appraisals for home purchases the government sponsored enterprise received from 2015 through the end of 2020.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraiserblogs
JANUARY 8, 2024
The seeming destruction of the appraisal profession by the federal government, GSEs and lending stakeholders is a collective action problem. Appraisal waivers, hybrid appraisals, automated valuation models, all based on the last 13 years of data collection by an entity I will call Goliath has created a paradoxical inversion of.
Housing Wire
NOVEMBER 30, 2021
The movement to embrace appraisal modernization techniques also holds the promise of removing the potential for racial bias, better supporting efforts to remove valuation gaps that persist in minority neighborhoods. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4%
Housing Wire
JUNE 14, 2022
According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models. Using its automated valuation models “leads to relatively lower racial gaps,” Freddie Mac said. Other stakeholders wonder how cost reductions would impact them.
Housing Wire
SEPTEMBER 22, 2021
HousingWire invited Tai Christensen , director of government affairs for CBC Mortgage Agency , to HW Annual Sept 27-28 to discuss these recent efforts by the Biden administration and how the mortgage and real estate industries can responsibly expand homeownership in under-served communities.
Housing Wire
MAY 2, 2022
It is an alternative appraisal method that is essentially a compromise between an automated valuation model (AVM), entirely done by software, and a traditional appraisal. The webinar was attended by nearly a thousand industry participants, including lenders, valuations experts and third-party fintech companies.
Expert insights. Personalized for you.
360 
Let's personalize your content