Information Reconsideration of Value Training 
Appraisal Buzz
JUNE 7, 2021
Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Our free webinar, “ Components of AMC Training ” will be held on June 10th at 2 pm with Josh Walitt as the host. Buzz : Why do AMCs need the training?
Appraisal Buzz
MAY 6, 2024
The rule change will enable borrowers to request a re-assessment of the appraised value of their property if they believe that the appraisal was inaccurate or biased, HUD says in a release. Our new policies will arm homeowners, lenders, and FHA with a clear process to address biased or inaccurate appraisals.”
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Housing Wire
JANUARY 24, 2022
Apart from questions of governance, the report found significant gaps in the Appraisal Foundation’s fair housing requirements and training. It is also the only source of combined underwriting and appraisal data, allowing access to demographic information. The GSE appraisal data, which goes back to 2010, is unparalleled in its scale.
Clear Capital
OCTOBER 7, 2024
We’re excited to share some important updates regarding the Reconsideration of Value (ROV) process. A Reconsideration of Value (ROV) is a request for an appraiser to review and potentially revise the appraisal based on new or additional information provided by the borrower. What is a borrower-initiated ROV?
Empire Appraisal Group
MAY 9, 2024
New Requirements Aim to Reduce Appraisal Bias The new Reconsideration of Value policy requires lenders to provide a pathway for borrowers to request reviews of home appraisal valuations. Also, underwriters should be trained to identify and remedy appraisal deficiencies, including racial and ethnic bias.
Birmingham Appraisal
FEBRUARY 20, 2024
I believe that collaboration between these two real estate professionals means that they share information that promotes a transparent and open transaction. It’s about sharing information when possible and working together through good communication.
Appraisal Today
APRIL 5, 2024
Particularly when speaking about the workfile, for my money, the most dangerous words in USPAP are “or references to the location(s) of such other data, information, and documentation.” And sometimes, that one crucial piece of information isn’t there anymore when you need it. For more information on how they are compiled, Click Here.
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