Housing Wire

MARCH 20, 2025

Policies related to appraisal appeals, or reconsiderations of value (ROV), were rescinded Wednesday by the Federal Housing Administration (FHA). Standardized federal ROV policy had been viewed as a tool to combat appraisal bias. HUD and FHA handed down new appraisal bias protections in May 2024.

Appraisal 208

Appraisal Reconsideration of Value Real Estate Legal 208

Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Consumers will supplement their requests with pictures of the property.

Valuation 448

Valuation Reconsideration of Value Tools Technology 448

Housing Wire

FEBRUARY 24, 2023

Concerns of racial bias , a lack of standardization for consumers in the reconsideration of value process and unclear authority in the governance structure are all present amidst increased requests from lenders for a more efficient process that provides value certainty sooner. Is “better” good enough as a starting point?

Appraisal Process 396

Appraisal Process Appraisal Reconsideration of Value Valuation 396