Housing Market Modernization Mortgage Valuation 
Housing Wire
SEPTEMBER 16, 2022
House of Representatives this week passed a bill that streamlines the appraisal process for U.S. Department of Veterans Affairs mortgage loans. Critics have long complained VA appraisals had to be performed in-house, which has resulted in a costly and slow process for veterans and servicemembers. The bill, introduced by Rep.
Appraiserblogs
MARCH 7, 2024
Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. Despite its roots in a methodology designed to support appraisers, Value.
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Housing Wire
OCTOBER 18, 2022
Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S. due to the slowdown in the housing market, according to the firm. Real estate valuation analysts are most affected by the cut in Roseville, with 25 out of a job.
Housing Wire
JANUARY 25, 2023
Real estate valuation technology company Clear Capital has conducted a new round of layoffs as part of a company restructuring plan. The firm announced on Wednesday that it was eliminating about 24% of its workforce, or over 250 jobs, as it restructures departments and consolidates teams amid a tough housing market.
Housing Wire
MARCH 13, 2023
The lawsuit alleges that an appraiser with 20/20 Valuations lowered the valuation of a home because the owners, Nathan Connolly and Shani Motta, were Black — and were also denied the owners’ mortgage refinancing application with loanDepot based on the lower appraisal, which violated the FHA and ECOA. Lanham, et al.
Housing Wire
MAY 23, 2022
The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together. Currently, all VA appraisals must be performed in-house. The Mortgage Bankers Association supports the legislation. Sponsored Video.
Appraisal Buzz
DECEMBER 6, 2021
With the current red hot housing market, demand for appraisers is outstripping the reduced supply, which is pushing up fees and pushing out appraisal completion times. Instead, tech innovations have started to enter the market with the goal of optimizing the appraisal process by automating key portions of a property’s valuation.
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