5 Federal Agencies Propose Guidance For ROVs
Addresses reconsiderations of value (ROV) for residential real estate transactions.
Tagged: Appraisals
Homebuyers In Past 2 Years Don’t Regret Buying
LendingTree survey finds one in five have issues with appraisals, though.
Biden Signs New Law To Speed Or Waive Appraisals For VA Loans
The Improving Access to the VA Home Loan Benefit Act of 2022 was supported by the MBA.
Report: FHFA Could Do More To Cut Appraisal Bias
Office of Inspector General says the agency fails to file appraisal bias complaints.
Homepoint Offering $500 Credit To Borrowers For Appraisals
Savings intended to help ‘on-the-fence’ homebuyers feel more comfortable buying a home.
Appraisal Institute CEO To Step Down In February
Jim Amorin served five years as CEO.
Government Data Shows Growing Racial Gap In Appraisals
Homes in white neighborhoods are assessed at double the value of comparable homes in communities of color.
Veros Says It Study Shows AVM Eliminates Racial Bias
Reinforces previous conclusion from its first report that its AVM did not display racial bias.
How Do We Get Bias Out Of Appraisals?
A Baltimore study found appraisers showed bias in valuations and service, favoring white homeowners.
