Housing Wire
FEBRUARY 24, 2023
Concerns of racial bias , a lack of standardization for consumers in the reconsideration of value process and unclear authority in the governance structure are all present amidst increased requests from lenders for a more efficient process that provides value certainty sooner. Is “better” good enough as a starting point?
Housing Wire
JANUARY 3, 2023
When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.
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Housing Wire
APRIL 6, 2021
It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. How hybrid title and valuations help increase lending efficiency. The home checked off every box on Linda’s list. Streamline by combining services.
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. It will give the reader of the report, and the person who will be providing the valuation, a visualization of what exists.
McKissock
JUNE 22, 2021
Job aid: Big Box Retail Valuations. Job aid: How to Respond to a Reconsideration of Value Request. The useful and practical information within this guide is intended to enhance and strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value.
Appraisal Today
APRIL 5, 2024
Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Lanham, 20/20 Valuations, and loanDepot.com, U.S. They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination.
Appraisal Today
FEBRUARY 23, 2024
Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. This will save time, especially when consumers request a Reconsideration of Value. “I couldn’t believe that something like that was out there. The photos and videos don’t really do it justice.”
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