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Appraisal bias not a ‘new’ problem, DEI officer says

Valuation Review

Valuation Review sat down with CBC Mortgage Agency Diversity, Equity & Inclusion Officer Tai Christensen to discuss a variety of aspects surrounding appraisal bias/disparity. Christensen also gave insight as to why minority applicants are likely to receive an appraisal value lower than the contract price.

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SitusAMC renews contract with SBA of Florida

Valuation Review

a provider of trusted solutions supporting the entire lifecycle of real estate finance, renewed its contract with Florida’s State Board of Administration. The move helps provide real estate valuation and loan administration services. SitusAMC Holdings Corp.,

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April Newsletter-Markets Still Flying

DW Slater Company

Many of those went under contract in February so there is a lag in market impacts. The Move to ANSI Standards Webinar – Valuation Review. With mortgage rates now higher than they have been in a decade, are there any signs of a cooling? It is of note that the numbers we are looking at are closed sales from March.

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NAR: Pending home sales recover

Valuation Review

regions mounted month-over-month growth in contract activity. Pending home sales rebounded in August, recording significant gains after two prior months of declines, according to the National Association of Realtors (NAR). Each of the four major U.S. Read on for more from NAR.

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NAR: Pending home sales rose in October

Valuation Review

Contract activity rose month-over-month in each of the four major U.S. Pending home sales increased in October, rebounding after a decline the previous month, according to the National Association of Realtors. Read on to learn more.

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Freddie Mac: Research examines causes for appraisal valuation gap in minority neighborhoods

Valuation Review

Freddie Mac released an analysis showing appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households. The extent of that appraisal gap increases as the percentage of Black and Latino individuals in the census tract increases.