Walitt Solutions

JULY 9, 2024

Borrower-Initiated Reconsiderations of Value (ROV) Policies Fannie Mae, Freddie Mac, and HUD recently released Borrower-Initiated Reconsiderations of Value policy changes to their Guides and Handbook, which impact lenders, appraisers, AMCs, and… consumers!

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Cleveland Appraisal Blog

SEPTEMBER 10, 2022

Learn to Use Technology. This can make it difficult to integrate technology into their daily routines. This is because they have experience with computers and home technology and could take the time to help seniors create a new computer system or system that is customized for their needs. Begin Making Arrangement For Pets.

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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?

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McKissock

DECEMBER 28, 2021

One possibility being discussed is a standardized reconsideration of value process that a property owner can utilize if they believe their house was undervalued by an appraiser. He says the biggest challenge facing commercial appraisers is that some firms won’t create and implement new processes and embrace the latest technology.

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Appraisal Buzz

JULY 17, 2024

This encompasses improving loss mitigation policy, processes, and technology that benefit borrowers, servicers, and Freddie Mac while furthering our mission of sustainable homeownership. These changes flow through to our processes and technology, including Resolve , our default management and loss mitigation platform.

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McKissock

FEBRUARY 13, 2023

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Don’t miss this FREE update on VA appraisal topics on Wednesday, February 22nd from 11am-12pm ET. Sign up now.

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McKissock

JUNE 22, 2021

Job aid: How to Respond to a Reconsideration of Value Request. The useful and practical information within this guide is intended to enhance and strengthen your responses to a mortgage lender’s appraisal appeal, called a reconsideration of value. Webinar: Tame the Chaos with Appraisal Technology that Scales.

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McKissock

FEBRUARY 13, 2023

James and Jeff will cover current VA appraisal topics including desktop appraisals, reconsiderations of value, and the ways that the VA is monitoring appraisal quality. Invest in your professional development with one-hour, non-credit webinars presented by experts. View Pro-Series webinars.

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Appraisal Today

JULY 12, 2024

Valuing Appraiser Professionalism: A Blueprint for Survival By Jo Traut, McKissock Learning Excerpts: Having spent nearly three decades in the field of real estate appraisal, I’ve witnessed firsthand the evolution of our profession, particularly with respect to technological advancements.

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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?” The post Reconsideration of Value and Appraisers appeared first on Appraisal Today. By Greg Stephens, SRA, AI-RRS.

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Housing Wire

NOVEMBER 30, 2021

These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. Reconsideration of Value (ROV) process.

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Appraisal Today

OCTOBER 18, 2024

Additionally, the technology updates announced in FHA INFO 2024-43 , will also be available in FHA Connection (FHAC) beginning October 31, 2024. The technology method is a “dashboard.” By Ryan Lundquist Choosing the Right Appraisal Management Companies (AMCs): A Guide for Appraisers Mortgage applications decreased 17.0 What to unlearn!

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Appraisal Today

MAY 24, 2024

Here is how Fannie describes the process (from the link Bagott provides):Let’s walk through a process that uses this technology to validate the quality/condition ratings of the subject’s interior compared to the comps and (if applicable) previous photos of the subject. A File# or other tracking number can identify the subject. .

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Housing Wire

AUGUST 29, 2022

And then we just embrace technology. It’s going to require more of a comfort with modern technology than it has in years past. SW: Does NAN utilize some of that technology right now? And with that comes all kinds of technology that we are both working with partners to fulfill and also building in-house.

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