Housing Wire
JUNE 14, 2022
Fannie Mae and Freddie Mac’s equitable housing finance plans further expand non-traditional property appraisals, which sometimes rely on property tax information, data collected by third parties, or algorithms to assess a property’s value. Both GSEs argue that these approaches advance equity.
Cleveland Appraisal Blog
MAY 26, 2023
Because in both instances, they first had their homes valued by real estate agents, not appraisers. The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised.
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Housing Wire
APRIL 13, 2021
year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Even clients with homes priced over $1 million have seen up to five offers this year, she said.
Housing Wire
MAY 27, 2022
Fannie Mae’s “Appraising the Appraisal” study comparing appraisals to automated valuation model (AVM) data for refinance transactions found that Black borrowers received slightly lower appraisal values relative to AVMs, while white borrowers received slightly higher appraisals.
Clear Capital
FEBRUARY 23, 2024
When the subject property is a shared equity property A lender should specify in the appraisal order whether the subject property is a shared equity property. The contract will also likely reference a second document, either a deed restriction or a ground lease.
Chicagoland Appraisal Blog
JULY 13, 2017
Now I know what you might be thinking, appraisers don’t accept this kind of information in fear of being influenced. Let me clear up a misconception, you can provide information to the appraiser. We are required to analyze the contract and where do you think contract analysis begins? Why was this offer selected?
Appraisal Today
JUNE 23, 2023
The proposed rule supports our work as a member of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) to promote accurate appraisals, rather than ones computed by models where bias is baked into the equation. from 0.65 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.
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