The Appraisal Foundation this week named Kelly Davids, former superintendent of the Ohio Division of Real Estate and Professional Licensing, as its new president. The hiring comes after the foundation has faced... Read more »
How much are three abandoned, partially built luxury towers in Downtown Los Angeles worth? That’s the question raised by L.A. Downtown Investment, an EB-5 investment firm that sunk millions into the graffitied... Read more »
The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. FFIEC is a federal interagency coalition... Read more »
Editor in Chief Sarah Wheeler sat down with Scot Rose, CIO at Class Valuation, to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can... Read more »
Michigan-based United Wholesale Mortgage (UWM) wants to court more brokers by offering no-cost appraisals on 1-0 temporary rate buydowns amid fierce competition in the industry. The wholesale lender will cover up to... Read more »
CoreLogic announced on Thursday the launch of “ScanToSketch,” an augmented reality (AR)-based property measuring and sketching tool to create home appraisal reports. Developed using CoreLogic’s appraisal software brand “a la mode,” the... Read more »
The Federal Housing Administration (FHA) announced this week that it has implemented updated appraisal requirements for the valuation of manufactured homes certified under Fannie Mae’s MH Advantage and Freddie Mac’s CHOICEHome programs.... Read more »
Appraisal technology company Accurate Group announced this week that it has acquired Voxtur Appraisal Services, an appraisal management company (AMC). Voxtur primarily serves real estate finance providers and specializes in broker-price opinions... Read more »
The Federal Housing Finance Agency (FHFA) failed to adequately document desktop appraisal reports, which clouds data on the effectiveness of the desktop appraisal program, according to a report published by the FHFA... Read more »