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Kamala Harris talks proposed AVM bias rule as White House announces new appraisal actions

Housing Wire

On the heels of a Thursday announcement by six federal agencies unveiling a proposed rule that would implement quality control standards that govern the use of automated valuation models (AVMs), Vice President Kamala Harris weighed in. In addition, the proposed rule expressly includes a nondiscrimination quality control standard.”

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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

The original forms were designed before the digital age, to be completed on typewriters. Appraisal software companies have innovated the process of “filling out “these forms, but they are still constrained with the original typewriter design. Really, appraisers have always thought this way.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

The solutions, ACE+ PDR (automated collateral evaluation plus property data report) by Freddie Mac and Value Acceptance + Property Data by Fannie Mae, were designed to increase efficiencies for all stakeholders and lower costs in comparison to traditional appraisals, while maintaining the high risk mitigation standards employed by the GSEs.

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Challenges and Opportunities in Appraising Mixed-Use Developments

Boston Appraisal

Challenges in Appraising Mixed-Use Developments Complex Valuation Models : Mixed-use properties require appraisers to be adept in multiple valuation methods. Since these developments encompass various property types (e.g., Risk Assessment : Different income streams carry varying levels of risk.

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Market Update Parkland and Coral Springs Q3 2023

Empire Appraisal Group

Market Update Parkland and Coral Springs Q3 2023 Since 2005, Empire Appraisal Group, Inc. They are the top residential appraisal company in Broward and Palm Beach County, providing reliable and accurate appraisals alongside exceptional customer service.

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Pompano Beach and Deerfield Beach Market Update Q3 2023

Empire Appraisal Group

Pompano Beach and Deerfield Beach Market Update Q3 2023 Since 2005, Empire Appraisal Group, Inc. They are the top residential appraisal company in Broward and Palm Beach County, providing reliable and accurate appraisals alongside exceptional customer service.

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How Do I Earn the MAI Designation?

Real Quantum

How Do I Earn the MAI Designation? Appraisers come in all shapes and sizes. However, appraisers who want to take their day job to the level of a serious career have some fantastic options to stand out from the crowd. But what is the MAI designation exactly, and how does someone go about applying? Keep reading to find out.

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