The 1004/70 appraisal form used for Uniform Residential Appraisal Reports hasn’t been updated since 2005, despite the changes and innovations that have taken place in the mortgage industry and in ...

Lenders are facing increasing pressure to modernize their home lending operations, lower costs, and reduce risk following a rapid rise of interest rates and resulting cooling of the housing market.

Through all the transformative and disruptive changes that have occurred over the past two years, there is one common thread that has emerged. Regardless of the size or complexity of a system or ...

Former Ginnie Mae president says appraisal reform is stalling, calls for Congress to embrace data-driven valuations A former head of the Government National Mortgage Association (Ginnie Mae) is ...

Appraisers—also known as valuers outside of the United States—play an important role in the real estate market. Whenever someone is buying a property and needs financing, appraisers are the unbiased ...

Explore how racial bias affects home appraisals, leading to devaluation and $156B in losses, and discover proposed solutions ...

I know it is very hard to grasp that in this property market the value of homes has fallen by as much as 30 per cent, but unfortunately it is the truth. The good news for you is that the value of the ...