Clear Capital

OCTOBER 7, 2024

We’re excited to share some important updates regarding the Reconsideration of Value (ROV) process. These laws are designed to protect the interests of consumers and prevent potential harm. As appraisers, your role is critical in upholding these standards. What is a borrower-initiated ROV?

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Cleveland Appraisal Blog

SEPTEMBER 10, 2022

Andrea Gibbs is the Content Manager at SpringHive Web Agency , a company that offers web design services, maintenance, and Internet marketing. Reconsideration of Value and Appraisers – APPRAISAL TODAY. Reconsideration of Value and Appraisers – APPRAISAL TODAY. Author bio. What’s Important Now?

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Appraisal Buzz

JULY 17, 2024

He and his team often work with FHFA and FNMA to create aligned servicing policies that are designed to promote better outcomes for borrowers and more efficient servicing practices and cost reductions. Q: What are you most focused on right now, and how are you working to address it?

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McKissock

FEBRUARY 13, 2023

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Jeff also holds the SRA and AI-RRS designation with the Appraisal Institute. Sign up now.

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McKissock

JANUARY 8, 2021

This initiative has significantly reduced the number of formal Reconsideration of Value (ROV) requests received by the VA. Take a deep dive into VA appraisals with our new CE course: Appraising for the VA. How Tidewater works.

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McKissock

JANUARY 8, 2021

This initiative has significantly reduced the number of formal Reconsideration of Value (ROV) requests received by the VA. Take a deep dive into VA appraisals with our new CE course: Appraising for the VA. How Tidewater works.

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McKissock

FEBRUARY 13, 2023

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Jeff also holds the SRA and AI-RRS designation with the Appraisal Institute. View Pro-Series webinars.

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Appraisal Today

OCTOBER 18, 2024

The UAD is a much-expanded set of fixed words, fields, and quantities designed to make data and its analysis more uniform. By Ryan Lundquist Choosing the Right Appraisal Management Companies (AMCs): A Guide for Appraisers Mortgage applications decreased 17.0 There are benefits.

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Appraisal Today

APRIL 7, 2023

Carden designed and built the house beginning in 1986. ” The unique design of this home has been carefully preserved, an impressive feat in which no rooms are square or rectangular. Comps??? == Reconsiderations of Value and What to Do About Them By Danielle Lopez This reconsideration of value has already set me back 30 minutes.

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Appraisal Today

JULY 12, 2024

It’s not just about acquiring designations but staying informed about market dynamics, industry changes and emerging trends. Acre lot, built in 1962 John Sugden, a disciple of Mies van der Rohe and a luminary in architectural design, crafted this home with a robust U.S The appraisal includes no recent sales of similar design.

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Appraisal Today

NOVEMBER 4, 2022

Reconsideration of value and Appraisers. Architect James Kluttz designed the place for himself and his family in 1987. Mortgage Borrowers Can Challenge Inaccurate Appraisals Through the Reconsideration of Value Process. This process is often referred to as a “reconsideration of value” or “ROV.”

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Housing Wire

JULY 18, 2024

(FDIC), the Federal Reserve Board , the National Credit Union Administration (NCUA) and the Office of the Comptroller of the Currency (OCC) — announced on Thursday finalized guidance that is designed to address “reconsiderations of value (ROVs) for residential real estate transactions,” according to an announcement.

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Appraisal Today

SEPTEMBER 9, 2022

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. To read more, click here.

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Housing Wire

NOVEMBER 30, 2021

Reconsideration of Value (ROV) process. Additionally, as directed by the Biden administration, the U.S. Our industry must support appraisal diversity initiatives, recruit more minorities into the vocation, and increase incentives and opportunities for valuation professionals.

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Appraisal Today

FEBRUARY 23, 2024

This will save time, especially when consumers request a Reconsideration of Value. But the waterfront building’s more-recent design is rooted in a nautical past. Allow the appraisers to speak directly to the lender/client, instead of going through the third-party agent. baths, 8,500 sq.ft.,

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Appraisal Buzz

JANUARY 17, 2025

Modernized all 50 states, territories, and the District of Columbia on HUD.gov , reducing pages from 2,500 to 100, featuring a streamlined, trauma-informed design that enhances accessibility to vital resources like affordable housing services, disaster recovery assistance, and homeownership support, empowering communities nationwide.

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Appraisal Today

MAY 24, 2024

22 acre lot, built in 2008 Known as El Palacio Del Solano, the 22-acre property in Somis, CA, boasts a main residence, two-bedroom guesthouse, and an event space designed for grand-scale entertaining. This home’s private massage room, primary suite with sauna, and lazy-river pool were all designed for relaxing. baths, 19,660 sq.ft.,

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Housing Wire

JUNE 2, 2023

The Biden administration also announced that it would expand the ability for homeowners to pursue reconsiderations of value (ROVs), saying that federal banking agencies “are in the process of issuing proposed guidance on how financial institutions may integrate ROV policies and controls into their current appraisal processes,” the White House said.

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Housing Wire

DECEMBER 13, 2024

An alternative proposal suggests designating one of these agencies to oversee bank regulation while limiting the others to nonregulatory functions. Trump advisers have reportedly explored consolidating or restructuring the FDIC, the OCC and the Federal Reserve.

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