Remove Events Remove Modernization Remove Reconsideration of Value
article thumbnail

Progress now or perfect later: Improving the appraisal process

Housing Wire

In particular, the events zeroed in on patterns of discrimination and bias for minority borrowers and homeowners. Each event made plain the current open questions that need answers and hopefully convinced most that there is a problem worth fixing. The chief question of them all is whether there is a solution.

article thumbnail

A View on Risk: Desktop Appraisals

Appraisal Buzz

The announcement has been welcomed by some in the marketplace as building a process aligned with digital modernization of real estate appraisals, whether their goal is motivated by customer service, speed, or cost. Can appraisers themselves offer floor plans as part of their appraisal service? Operational and Reputational Risk Implications.

Appraisal 435
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Editorial Advisory Board Outlook: Insights From Economist, GSEs

Appraisal Buzz

It remains to be seen whether these events and their related insurance costs will eventually result in increased delinquencies and defaults. Like many other industries, servicing communication tools have been modernized to provide multiple consumer engagement capabilities and digital touchpoints.

Appraisal 221
article thumbnail

What’s New in Appraisal Membership: June 2021

McKissock

Job aid: 16 Current Events That Point to a Declining or Increasing Real Estate Market Trend. This job aid looks at sixteen different current events and analyzes whether each is an indication of an increasing or declining market—and does it even go to the point of indicating that the market is on the verge of a boom or bust?

article thumbnail

NAN’s Steve Sussman on the company’s growth strategy

Housing Wire

SW: We hear a lot these days about appraisal modernization. What does appraisal modernization mean to you? But I think that it’s going to help solve a lot of problems both now and in future as we move toward more modern valuation methods. I don’t know that we’ve stumbled upon any magic bullet just yet.