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How To Appraise Rural Properties

Appraisal Today

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Apps for Appraisers

Appraisal Today

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. Government purchase applications provided a bright spot, increasing 2.4 baths, 34,380 square feet, 2.65

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Opinion: The path to modernizing the appraisal process

Housing Wire

These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. The modern appraisal movement is accelerating.

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“I don’t want to say we’re archaic”: Appraisal Institute president vows reform

Housing Wire

The residential real estate appraisal industry is staring at a fork in the road. The latest reminder is a report released Wednesday from the Appraisal Subcommittee , a part of the federal government in charge of monitoring appraiser standards. There are the allegations of appraisal bias.

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AVMs undergo compliance and regulation updates

Clear Capital

Fannie Mae’s study , while finding that homes owned by white borrowers were more often overvalued than homes owned by Black borrowers, furthered the discussion around Appraisal Modernization, including the use of AVMs in property valuations. Upcoming changes to AVM compliance and regulation .

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Unequal Opportunity: Addressing appraisal bias is another step toward making housing more equitable

Clear Capital

government made bold steps to support homeownership through the GI Bill. Before that, the government addressed these issues through housing programs started under the New Deal. ” These programs were designed to address an acute housing shortage by providing affordable homeownership opportunities for American families.

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The fate of HUD

Housing Wire

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. FHA has had gaps in loss-mitigation oversight of servicers it approved.

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