There can be no debate that bias must be eradicated from the collateral valuation process. While some may question the cause or amount of bias, the fact is we need to eliminate any bias from the system.
Tag: Appraisals
Scott Roller: Rising Construction Costs – The Appraisal Dilemma
The domino effect – an endless run of falling dominos winding through the residential home construction industry. That’s a vision we can easily conjure up when witnessing the ongoing impacts of steadily rising construction costs. And guess who is at the end of the domino chain, having to deal with the residual mess? Residential home appraisers and their lender clients.
Scott Roller: Rising Construction Costs – The Appraisal Dilemma
The domino effect – an endless run of falling dominos winding through the residential home construction industry. That’s a vision we can easily conjure up when witnessing the ongoing impacts of steadily rising construction costs. And guess who is at the end of the domino chain, having to deal with the residual mess? Residential home appraisers and their lender clients.
Scott Roller: Rising Construction Costs – The Appraisal Dilemma
The domino effect – an endless run of falling dominos winding through the residential home construction industry. That’s a vision we can easily conjure up when witnessing the ongoing impacts of steadily rising construction costs. And guess who is at the end of the domino chain, having to deal with the residual mess? Residential home appraisers and their lender clients.
Scott Roller: Rising Construction Costs – The Appraisal Dilemma
The domino effect – an endless run of falling dominos winding through the residential home construction industry. That’s a vision we can easily conjure up when witnessing the ongoing impacts of steadily rising construction costs. And guess who is at the end of the domino chain, having to deal with the residual mess? Residential home appraisers and their lender clients.
MBA Letter to FHFA Offers Recommendations on Appraisal Policies
The Mortgage Bankers Association, in a Feb. 26 letter to the Federal Housing Finance Agency, offered a set of recommendations aimed at promoting and modernizing the appraisal process.
Brian Zitin: Foreshadowing Future Appraisal Bottlenecks During Covid-19
Lenders are seeing record-breaking volume month over month, and it doesn’t seem to be slowing down. One thing that has slowed down across the industry, however, is appraisal turn times. As the volume of loans requiring appraisals goes up, the number of appraisers seems to be going in the opposite direction.
Brian Zitin: Foreshadowing Future Appraisal Bottlenecks During Covid-19
Lenders are seeing record-breaking volume month over month, and it doesn’t seem to be slowing down. One thing that has slowed down across the industry, however, is appraisal turn times. As the volume of loans requiring appraisals goes up, the number of appraisers seems to be going in the opposite direction.
Tom Millon, CMB, and Tony Pistilli: Valuations and the Pandemic–The ‘New Normal’ for Appraisal
Temporary, alternative inspections methods help to demonstrate the reliability and benefits of bifurcation and may very well assist in the evolution of home appraisals.
Tom Millon, CMB, and Tony Pistilli: Valuations and the Pandemic–The ‘New Normal’ for Appraisal
Temporary, alternative inspections methods help to demonstrate the reliability and benefits of bifurcation and may very well assist in the evolution of home appraisals.