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Heck, appraisal modernization was being discussed by FNMA and Freddie Mac in 2016! Moves to modernize The most recent efforts to “modernize” the appraisalprocess was highlighted significantly due to the years of the pandemic when appraisal turn times and fees reached all-time highs.
If you're not an appraiser, then you want to read this. It is a 2011 take that still holds up on the AMC industry from American Banker's Bankthink column (I've written a column there before on another subject): Appraisal Management Companies Create More Problems Than They Solve.
UAD Composite Property Data Info Released to the Public Appraisers, since 2011, the GSEs (called the ‘Enterprises’) have been collecting and analyzing appraisal data using their proprietary Uniform Appraisal…. The post Diatribes Against Appraisers appeared on Appraisers Blogs.
What tools and tech do you need to make sure you’re turning your appraisal efforts into cash? What parts of the appraisalprocess does Anow cover? Learn how Anow software can turn your appraisal business into a money-making machine. Where can you find this information, fast? Is this really an all-in-one solution?
The Other Side of the Coin: The AppraisalProcess Doesn’t Always Reflect the Contributed Value of Green Features. Sometimes, appraisals do not reflect the perceived value of these improvements, to the dismay of building owners.
How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisalprocess. It may make it difficult for you, the appraiser, to know how to classify the subject property. The 30-year fixed mortgage rate increased to 7.41
They were installed as the “Middle Man” between appraisers and lenders to help insure Appraiser independence and manage the appraisal ordering process. It’s nice to see all the outrage over this but where is the outrage over appraisers being owed money and not being able to pay bills?
President Biden tasked the Department of Housing and Urban Development with leading an interagency task force — of which FHFA is a member — to make policy recommendations to combat bias in appraisals. But even as federal regulators tackle the problem, it is still unclear how bias typically manifests in the appraisalprocess.
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