Housing Wire

MARCH 26, 2024

The changes include communicating to applicants that they have the right to request a reconsideration of value (ROV); explaining why an ROV is denied or the valuation is unchanged; and training its credit, valuation and customer service staff on the topic.

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Appraisal Reconsideration of Value Valuation Mortgage Appraisal 455

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. Appraisal complaints are most often made directly to the lender, when a borrower asks for a reconsideration of value. That process varies from lender to lender.

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Appraisal Today

JULY 12, 2024

I was first trained as a scientist, starting with my high school biology class. I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. What about a degree in another field that did not include any appraisal-related training? I got it for MLS access.

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Appraisal Design Contracts Business 71

Appraisal Today

SEPTEMBER 9, 2022

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” Get the relevant date of value from the client or client’s attorney. How to Respond to ROV Requests: Updated Guidance.

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

MARCH 21, 2025

NFHA (National Fair Housing Alliance) Funding Dries Up The National Fair Housing Alliance (NFHA) has found itself in a precarious position as their funding well runs dry, jeopardizing their ongoing legal battle against Maryland appraiser Shane Lanham. Property Acceptability Criteria (II.A.3.a)

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Appraisal Reconsideration of Value Mortgage Contracts 52