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Fannie Mae ‘Census Block Grid’ Adjustment Raises Redlining Concerns

Appraiserblogs

“FNMA’s collateral underwriter tool has a line item adjustment it makes on every comparable called Census Block Grid.” The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. Related Posts: The One-Mile Rule: Prudent Policy or Modern Day Redlining?

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Black Knight Servicing Digital helps servicers deliver a convenient customer experience

Housing Wire

Black Knight Servicing Digital is a powerful, white-labeled solution that allows servicers to provide consumers with information about their home value and how to grow and leverage wealth from their property. Black Knight strives to lead our industry in providing clients with tools that facilitate homeownership,” Madigan said.

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Unveiling DIY Project Resources to Boost Home Value

Eppraisal

From cozy farmhouse style to modern minimalist vibes, The Inspired Room caters to a diverse range of tastes and aesthetics. Community centers may also offer tool lending libraries, where homeowners can borrow specialized equipment for their projects. So, roll up your sleeves, gather your tools, and let the DIY adventures begin!

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Going to Extremes

Appraisal Buzz

And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket. Stan Middleman, Chairman and CEO of Freedom Mortgage, spoke of some insurers writing policies without coverage for wind to limit liability and losses, in response to rising instances of storm damage.

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How Simply Replacing Your Fixtures Will Add to Your Home's Value

Eppraisal

Making updates to your home can significantly add to your home values. Small updates such as fixtures or window treatments can also add value as well. " There are many types of fixtures in homes, some of which you might not think to update. Light Fixtures Light fixtures are some of the most obvious in a home.

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Progress now or perfect later: Improving the appraisal process

Housing Wire

For instance, in the conversation at the ASC hearing on using automated valuation models (AVMs) as a viable, non-subjective tool for understanding value accuracy during underwriting , concerns were brought up about bias being present in the data itself. Is “better” good enough as a starting point?

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Non-Arms Length Sales for Appraisers

Appraisal Today

The One-Mile Rule: Prudent Policy or Modern Day Redlining? Moreover, the increasing correlation between home values and neighborhood racial composition highlights how technological tools, intended to streamline processes and improve accuracy, can inadvertently exacerbate discriminatory practices. By Dallas T.