Housing Wire
DECEMBER 14, 2021
The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. But when the FHFA hunted for examples of racial bias by keyword searching the free-form commentary section in millions of appraisal reports, it found thousands of references to race and ethnicity.
McKissock
MARCH 24, 2022
On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraisal Buzz
APRIL 15, 2024
Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it.
Housing Wire
AUGUST 3, 2023
It is trained on text data and learns to identify patterns from that data to generate human-like text responses. Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation.
Appraisal Buzz
JULY 26, 2021
The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. In the past, financial institutions were a viable training ground. Most independent fee appraisers work on very small margins.
Genworth MI Blog
AUGUST 15, 2019
When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. What does that mean?
Genworth MI Blog
AUGUST 15, 2019
When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. What does that mean?
Expert insights. Personalized for you.
432 
Let's personalize your content