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Appraisal modernization: What is going on with the forms?

Housing Wire

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

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How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. A natural reaction to this situation, especially when faced with these statistics, is to try and get more appraisers to enter the industry.

Appraisal 448
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The One-Mile Rule: Prudent Policy or Modern Day Redlining?

Appraiserblogs

Throughout the history of mortgage banking and lending in the United States, underwriting policies have significantly influenced the appraisal process for home purchases and refinances. Appraisers must follow underwriter appraisal review guidelines meticulously to ensure their appraisal reports are accepted by the lender.

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Fannie Mae and Freddie Mac Desktop Appraisals: Your Questions Answered

Appraisal Buzz

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

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On Time Adjustments

Appraisal Buzz

Here it would be wise to emphasize that the two protocols this monograph presents to derive a time adjustment are not the only protocols by which appraisers can conduct this essential step in the appraisal process. ( On YouTube, please search making a time adjustment in a real estate appraisal.) 2025 Timothy C.

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The Role of Appraisal Review in the Risk System – Appraisal Revisions

Appraisal Buzz

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

Appraisal 281
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The New UAD: Practical Implications

Appraisal Buzz

This is the final article in Ernie Durbin’s three-part series on the new UAD. The first article on April 15, 2024, was “ From Forms to Reports: A Look at the UAD Overhaul. ” The second article on July 15, 2024, was “ The New UAD: Don’t Borrow Trouble. How will lenders order appraisals without standard form numbers?

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