Remove Client Relationships Remove Market Value Remove Property Appraisal
article thumbnail

A loan officer’s ultimate guide to appraisal modernization

Housing Wire

As such, we are transitioning to a range of options to establish a property’s market value, with the option matching the risk of the collateral and the loan transaction.” Fannie Mae’s Value Acceptance + Property Data program and Freddie Mac’s ACE+ PDR waive the traditional appraisal requirements for qualifying loans.

article thumbnail

Human Expertise vs. AI in Appraisal Management: Which Delivers Better Results?

AmeriMac

Understanding Appraisal Management In real estate, determining a property’s fair market value is crucial for transactions. Appraisal management involves coordinating and overseeing the valuation process to ensure compliance with industry standards like USPAP in the US.