Design Government Mortgage Valuation 
Housing Wire
MARCH 18, 2024
Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.
Housing Wire
OCTOBER 2, 2023
Mortgage tech company Xactus announced that its valuation solution Appraisal Firewall X has met federal requirements and is capable of fulfilling Fannie Mae property data collection orders. ” Fannie Mae’s program is part of its ongoing efforts to modernize the valuation component of the mortgage industry. .”
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
JUNE 1, 2023
Six federal agencies have requested comment from the public on a newly-proposed rule that is designed to “ensure the credibility and integrity of models used in real estate valuations.” And the design and development of the models and algorithms can reflect the biases and blind spots of the developers.”
Appraisal Buzz
MAY 31, 2021
The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. The property valuation industry has a system for dealing with situations where a home’s appraised value is in dispute; it’s called the review process. Let’s unpack this situation…. an income gap of 60%).
Housing Wire
NOVEMBER 6, 2023
Policymakers and the mortgage industry must reckon with historical and present-day barriers that lock would-be homebuyers of color out of the market altogether,” according to the report published on Monday. In terms of adopters, government-sponsored enterprises (GSEs), large mortgage lenders and fintech firms have used AI.
Housing Wire
AUGUST 2, 2023
Government-sponsored enterprise Fannie Mae this week released new updates to its appraiser independence requirements (AIR), and also established new property data independence requirements (PDCIR) simultaneously. Fannie Mae approved six vendors for its controversial new valuation initiative a few days later.
Housing Wire
AUGUST 22, 2023
The Mortgage Bankers Association (MBA) and the Consumer Bankers Association (CBA) sent a letter to regulators on Monday warning of the “unintended consequences” of new quality control standards for automated valuation models (AVMs). ” Another trade group weighed in on the newly proposed rule. ”
Expert insights. Personalized for you.
421 
Let's personalize your content