The lack of consistent record-keeping on desktop appraisal reports could pose risks to financial safety, with the OIG pushing for increased transparency and improved monitoring. The Office of ...

A home appraisal is a crucial step in buying a house. An appraisal report is created by an unbiased, independent third party to assess the property’s financial value. By understanding how appraisals ...

SAN FRANCISCO (KGO) -- A new report released Wednesday by the National Fair Housing Alliance is calling for sweeping reforms in the appraisal industry and highlights a lack of diversity in the field, ...

The appraisal industry, unlike other sectors of the housing finance industry, has been allowed to govern and regulate itself. The Appraisal Foundation is an industry-run private nonprofit that has a ...

A home appraisal involves an objective professional evaluating a home to determine its value. Home lenders commonly order appraisals during mortgage or refinance underwriting. Appraisers take many ...

Research detailing overt demographic references in appraisal reports has sparked anger from appraisers, even as they express dismay at the findings. “I was sickened when I read it,” said St.

WASHINGTON — Editor's note: The above video is from November 2021. A 54-page report released by the Interagency Task Force on Property Appraisal and Valuation Equity Wednesday, confirmed what many ...

While the Federal Housing Finance Agency made 17 referrals to the Department of Housing and Urban Development regarding alleged appraisal bias, it did not take the additional step of filing complaints ...

Congress hopes to supplant the appraisal governing body at the center of the industry’s self-regulated framework and make public the trove of appraisal data held by the government-sponsored ...

New ACI Sky™ Workbench Platform is Designed to Modernize Appraisal Processes “Our goal with Workbench is to reimagine how appraisers work – streamlining processes, enhancing compliance and increasing ...

Before any lender loans you money to purchase a home, they normally want to know how much the home is worth. The value of the home and its location will determine if a lender is willing to offer you a ...