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 ...

The Federal Housing Finance Agency (FHFA) failed to adequately document desktop appraisal reports, which clouds data on the effectiveness of the desktop appraisal program, according to a report ...

An appraisal is a critical part of the homebuying process. If your home appraisal comes in lower than expected, it can cost you money and potentially delay — or even derail — the entire transaction.

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 ...

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, ...

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 ...

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.

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 ...

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 ...

A lower-than-expected home appraisal can be disappointing, whether you’re purchasing a home or applying for a refinance. A home appraisal that comes in low can create issues for a buyer trying to ...