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Appraisal bill would combat legacy of redlining

Housing Wire

The Consumer Financial Protection Bureau would designate the chairperson of the body. However, we must not lose sight that structural biases within the broader marketplace and among all stakeholders within real estate and lending continue to play significant roles that impact the realities of the real property market.”.

Appraisal 397
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GSEs Seek Input on Duty to Serve Plans

Appraisal Buzz

Additional initiatives that Freddie Mac noted included the financing of more than 46,000 manufactured homes titled as real property from 2018-2023, providing more than $6.7

Finance 390
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Mortgage insurer credit ratings shouldn’t be harmed by recent natural disasters

Housing Wire

Fitch explained that while property insurance serves as the primary protection for mortgage borrowers in these situations, their levels of coverage may not pay for all the costs to rebuild. In the Los Angeles area, preliminary loss estimates from the two largest wildfires the Palisades and Eaton blazes are as high as $45 billion.

Insurance 370
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Ethics is Our Solution

Appraisal Buzz

After all, algorithms themselves are simply tools that enshrine the biases and ethical failings of those who design them. Many advances have been made over the years to enhance techniques for developing real property valuations. For all the value of technology, we would be wise to avoid mistaking these tools for the solution.

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Velocity Conference Presents Solutions for an Evolving Market

Appraisal Buzz

The Velocity Conference will provide targeted content, niche industry insights, and intimate networking within a relaxed environment designed to support the asset managers, vendors, and agents who specialize in REO.

Marketing 221
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Role Play: Appraisers and their Intended Uses

Appraisal Buzz

In fact, we’ll be even more important because unlike the automotive industry, we have no standardized approach to the collection and development of real property data. There can be a wide variance between what intended users require in terms of property data, think lenders versus tax assessors. We’ll have to do the same thing.

Appraisal 397
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7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Participants choose from designated class dates. Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs.