MISMO, the real estate finance industry’s standards organization, announced a call for industry professionals to join a new development work group that focuses on Automated Valuation Model (AVM) standardization.
Tag: Automated Valuation Models
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.
FHFA Issues RFI on Appraisal-Related Policies, Practices, Processes
The Federal Housing Finance Agency on Dec. 28 issued a Request for Input on appraisal-related policies, practices and processes. The input received in response to the RFI will be used by FHFA to determine necessary modifications needed to ensure Fannie Mae and Freddie Mac operate in a safe and sound manner.