Housing Wire

OCTOBER 21, 2024

After she complained to Rocket Mortgage, the company canceled her refinance application. The homeowner submitted a complaint to the HUD, which concluded that the defendants violated the Fair Housing Act , and referred the matter to the DOJ. This is the second appraisal bias case involving a top-10 lender and a powerful regulator.

Appraisal 511

Appraisal Reconsideration of Value Valuation Law 511

Housing Wire

APRIL 24, 2023

The mortgage trade group said it was concerned that the CFPB and DOJ would hold lenders liable for the actions of an appraiser, who is neither an employee nor an agent of the lender, a reference to a case in U.S. Lanham listed technical arguments for providing a valuation of $475,000.

Appraisal 435

Appraisal Valuation Legal Mortgage 435

Appraisal Buzz

APRIL 15, 2024

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. Really, appraisers have always thought this way.

Appraisal 397

Appraisal Design Lending Technology 397

Appraisal Buzz

JULY 15, 2024

That’s how I first got involved in valuation technology. He taught me more than just appraisal; he taught me about life, often through a multitude of enigmatic phrases like “better than a poke in the eye with a sharp stick” or “don’t borrow trouble.” We know we are part of the valuation future as envisioned by the GSEs.

Appraisal 363

Appraisal Design Appraisal Process Valuation 363

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation.

Appraisal 72

Appraisal Inspection Modernization Business 72