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Appraisers – The Past and The Future

Appraisers – The Past and The Future

Appraisers – The Past and The Future The Path that Brought Us Here by Richard Hagar, SRA Excerpts: A wise man by the name of Jim Irish, former chief appraiser for the Federal Reserve Bank out of Topeka, Kansas, once told me something very profound: “The government

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Appraisers – The Past and The Future
Appraisers – The Past and The Future
Appraisers – The Past and The Future
Appraisers – The Past and The Future
appraisaltoday appraisaltoday | 2 years ago
Appraisers – The Past and The Future The Path that Brought Us Here by Richard Hagar, SRA Excerpts: A wise man by the name of Jim Irish, former chief appraiser for the Federal Reserve Bank out of Topeka, Kansas, once told me something very profound: β€œThe government The post Appraisers – The Past and The Future appeared first on Appraisal Today.
Appraisers – The Past and The Future The Path that Brought Us Here by Richard Hagar, SRA Excerpts: A wise man by the name of Jim Irish, former chief appraiser for the Federal Reserve Bank out of Topeka, Kansas, once told me something very profound: β€œThe government The post Appraisers – The Past and The Future appeared first on Appraisal Today.
Action Steps to Take Against Appraisal Bias
Action Steps to Take Against Appraisal Bias
Action Steps to Take Against Appraisal Bias
Action Steps to Take Against Appraisal Bias
magazine magazine | 1 year ago
Work is underway on multiple fronts to quash bias in the appraisal process. If you see an issue, you can speak up, too.
Work is underway on multiple fronts to quash bias in the appraisal process. If you see an issue, you can speak up, too.
The Appraisal Problem and Undue Diligence - Appraisers Blogs
The Appraisal Problem and Undue Diligence - Appraisers Blogs
The Appraisal Problem and Undue Diligence - Appraisers Blogs
The Appraisal Problem and Undue Diligence - Appraisers Blogs
appraisersblogs appraisersblogs | 1 year ago
Gone are the days of hiring a professional appraiser to solve the appraisal problem. For decades lenders have taken on the responsibility of shaping the appraisal process and dictating the solutions to the appraisal problem. Savvy appraisers push back in a positive fashion to try and enable the lender to receive a report that not only meets USPAP, FIRREA, Fannie Mae, or HUD/FHA/VA an UAD reporting guidelines, but also provides the client with a report that is clear, concise, accurate and not mis...
Gone are the days of hiring a professional appraiser to solve the appraisal problem. For decades lenders have taken on the responsibility of shaping the appraisal process and dictating the solutions to the appraisal problem. Savvy appraisers push back in a positive fashion to try and enable the lender to receive a report that not only meets USPAP, FIRREA, Fannie Mae, or HUD/FHA/VA an UAD reporting guidelines, but also provides the client with a report that is clear, concise, accurate and not mis...
Black Knight’s new offering examines appraisal comps for bias
Black Knight’s new offering examines appraisal comps for bias
Black Knight’s new offering examines appraisal comps for bias
Black Knight’s new offering examines appraisal comps for bias
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Opinion: A unified approach for reducing appraisal bias
Opinion: A unified approach for reducing appraisal bias
Opinion: A unified approach for reducing appraisal bias
Opinion: A unified approach for reducing appraisal bias
housingwire housingwire | 1 year ago
With advances in data engineering and modeling, we can begin correcting some of the bias and issues in the modern appraisal process. The post Opinion: A unified approach for reducing appraisal bias appeared first on HousingWire.
With advances in data engineering and modeling, we can begin correcting some of the bias and issues in the modern appraisal process. The post Opinion: A unified approach for reducing appraisal bias appeared first on HousingWire.
Corelogic Take on Appraisal Overvaluation - Appraisers Blogs
Corelogic Take on Appraisal Overvaluation - Appraisers Blogs
Corelogic Take on Appraisal Overvaluation - Appraisers Blogs
Corelogic Take on Appraisal Overvaluation - Appraisers Blogs
appraisersblogs appraisersblogs | 1 year ago
The results of this 2021 white paper: Appraisal overvaluation: Evidence of price adjustment bias in sales Comparisons co-authored by Frank Nothaft are pretty interesting. At first glance, I get the CoreLogic evil empire stuff, but step back and take it all in. Here’s the abstract.
The results of this 2021 white paper: Appraisal overvaluation: Evidence of price adjustment bias in sales Comparisons co-authored by Frank Nothaft are pretty interesting. At first glance, I get the CoreLogic evil empire stuff, but step back and take it all in. Here’s the abstract.
Appraisal Reviews – The Good and The Bad
Appraisal Reviews – The Good and The Bad
Appraisal Reviews – The Good and The Bad
Appraisal Reviews – The Good and The Bad
appraisaltoday appraisaltoday | 1 year ago
What to Do When Your Appraisal Is Under Review Excerpt: Topics: Remember that reviewers are on your side Look out for these common points of contention β€œThe number one mistake is that the appraiser did not include the lender’s specific report requirements,” Nakashima confirms. β€œOften, the appraiser will not read the lender’s requirementsβ€”and if those requirements are not in the report, it cannot be delivered, or the lender will send it back. Β Avoid future revision requests β€œYou ...
What to Do When Your Appraisal Is Under Review Excerpt: Topics: Remember that reviewers are on your side Look out for these common points of contention β€œThe number one mistake is that the appraiser did not include the lender’s specific report requirements,” Nakashima confirms. β€œOften, the appraiser will not read the lender’s requirementsβ€”and if those requirements are not in the report, it cannot be delivered, or the lender will send it back. Β Avoid future revision requests β€œYou ...
No-appraisal refinance: How to refinance without an appraisal
No-appraisal refinance: How to refinance without an appraisal
No-appraisal refinance: How to refinance without an appraisal
No-appraisal refinance: How to refinance without an appraisal
themortgagereports.com themortgagereports.c... | 1 year ago
It may be possible to refinance without an appraisal, but only if you meet certain requirements. Learn about appraisal waivers and no-appraisal refinancing.
It may be possible to refinance without an appraisal, but only if you meet certain requirements. Learn about appraisal waivers and no-appraisal refinancing.
Two reports present very different pictures of appraisal bias
Two reports present very different pictures of appraisal bias
Two reports present very different pictures of appraisal bias
Two reports present very different pictures of appraisal bias
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Automated valuations tested on 50 ZIP codes in Chicago yielded no signs of racial bias, even on undervalued properties where disparities most frequently surface, according to a new Veros Real Estate Solutions study, which presents a contrast to other recent findings related to appraisal models.β€œWe looked at whether the size of the errors is dependent on the racial composition of an area, and we found that it is not,” Research Economist Reena Agrawal, said in an interview about the report sh...
Automated valuations tested on 50 ZIP codes in Chicago yielded no signs of racial bias, even on undervalued properties where disparities most frequently surface, according to a new Veros Real Estate Solutions study, which presents a contrast to other recent findings related to appraisal models.β€œWe looked at whether the size of the errors is dependent on the racial composition of an area, and we found that it is not,” Research Economist Reena Agrawal, said in an interview about the report sh...
Bias. It's Easier to Blame the Messenger - Appraisers Blogs
Bias. It's Easier to Blame the Messenger - Appraisers Blogs
Bias. It's Easier to Blame the Messenger - Appraisers Blogs
Bias. It's Easier to Blame the Messenger - Appraisers Blogs
appraisersblogs appraisersblogs | 1 year ago
No one wants to be the messenger… Appraisers are messengers. Why is their message so despicable? So biased? The messenger. Psychology research easily points out our tendency to dislike the bearer of bad news. It’s also intuitive. Bad news messengers do not smile when they bring the news. Sometimes they even look guilty. We humans can be really basic. We see a correlation between the bad news, the frown, and the messenger. Appraisers are messengers. Why is their message so despicable? So bias...
No one wants to be the messenger… Appraisers are messengers. Why is their message so despicable? So biased? The messenger. Psychology research easily points out our tendency to dislike the bearer of bad news. It’s also intuitive. Bad news messengers do not smile when they bring the news. Sometimes they even look guilty. We humans can be really basic. We see a correlation between the bad news, the frown, and the messenger. Appraisers are messengers. Why is their message so despicable? So bias...