Development Finance Reconsideration of Value Valuation 
Appraisal Buzz
MAY 6, 2024
Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are now allowing home appraisals to get a second look when bias is suspected in the appraisal process.
Appraisal Today
MAY 10, 2024
ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. For appraisers, Section II.D.2.
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Housing Wire
MARCH 23, 2023
Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S.
Housing Wire
JANUARY 24, 2022
The report, commissioned by the Appraisal Subcommittee and led by the National Fair Housing Alliance , found that the appraisal industry, in sharp contrast to other sectors in housing finance, has been allowed to regulate itself. Our analysis finds that the appraisal industry has operated in a relatively closed, self-regulated framework.”.
Appraisal Buzz
FEBRUARY 7, 2022
The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property. Inspection relief was successful as lenders and appraisers developed appropriate processes. Lenders rely on regulation and policy.
Cleveland Appraisal Blog
SEPTEMBER 10, 2022
Get Your Finances in Order. They will also learn many practical solutions for daily living, such as how to use technology and work with their finances. She’s an avid personal development enthusiast and an expert in the field of health and fitness. Reconsideration of Value and Appraisers – APPRAISAL TODAY.
Housing Wire
JANUARY 12, 2023
Department of Housing and Urban Development (HUD) has begun developing a process for borrowers seeking Federal Housing Administration (FHA) financing to request an appraisal review when they suspect racial bias. . “We In addition, new cases regarding racial bias on appraisals became public over the last year.
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