Appraisals
Latest Posts
Opinion: The elephant in the real estate room? Lowballed appraisals
Feb 01, 2024The Fair Housing Center of Metropolitan Detroit shared that loan denial rates in Detroit, due to the appraised value of a home (a.k.a. the collateral) being insufficient, accounts for approximately 3x the national rate (HDMA 2022 data). This data for Detroit is twice as high as the rest of the state of Michigan. Yikes!
What’s going on in Detroit?
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FHFA analysis finds racial disparity in appraisers’ use of time adjustments
Jan 17, 2024 -
Ascent Software Group acquires property data collection platform Value Acceptance
Nov 28, 2023 -
Class Valuation acquires AMC Valuation Connect
Nov 15, 2023 -
CoreLogic announces new augmented reality appraisal tool
Nov 09, 2023 -
SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program
Nov 08, 2023 -
FHA updates appraisal requirements on GSE-certified manufactured homes
Nov 03, 2023 -
Appraisal firm Accurate Group acquires Voxtur Appraisal Services for $30M
Nov 01, 2023 -
FHFA failed to document desktop appraisal reviews, OIG says
Oct 30, 2023 -
A new solution improving accuracy in the appraisal review process
Oct 10, 2023 1:42 pm -
AI is improving the appraisal process just in time for the next upswing in demand
Oct 04, 2023 2:37 pm -
Xactus’ valuation solution approved to fulfill Fannie Mae’s property data collection orders
Oct 02, 2023