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Appraisals

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Judge dismisses Maryland appraisal discrimination case and defamation countersuit

July 17, 2025 by bp56691
A federal judge in Maryland has dismissed the claims of both the plaintiffs and defendants in an appraisal discrimination lawsuit.
Categories Appraisals, Appraisals and Valuations, Discrimination, HWmember, Lawsuit, Legal, loanDepot, Maryland, Mortgage

Trump administration ‘effectively disbands’ the PAVE task force

July 10, 2025 by bp56691
The Trump administration announced Thursday that it has ended the major policy provisions of the Biden-era PAVE task force.
Categories Appraisals, Appraisals and Valuations, Biden Administration, Discrimination, HUD, HWmember, Politics, Real Estate, Regulatory, Trump Administration

Atlas VMS acquires appraisal order management platform

July 9, 2025 by bp56691
Atlas called the move a “significant step” in developing technology-driven solutions to better serve U.S. mortgage lenders and appraisal management companies (AMCs).
Categories AMCs, Appraisals, Appraisals and Valuations, Atlas VMS, HWmember, Mergers and Acquisitions, Real Estate, Technology

FHA rescinds 12 policies as Trump administration pushes to cut red tape

June 27, 2025 by bp56691
Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA, said in a statement that the rescissions are “bold, necessary and long overdue.”
Categories Appraisals, FHA, FHA loan, Flood, Government Lending, HUD, HWmember, Mortgage, Regulatory, Regulatory Compliance, Scott Turner, Underwriting

Trump’s assault on DEI hasn’t ended federal efforts to stop appraisal bias

June 26, 2025 by bp56691
While the Trump administration has rolled back many regulations around appraisal bias, some remain in place.
Categories Appraisals, Appraisals and Valuations, Department of Justice, Discrimination, Fair Housing, HWmember, Legal, Mortgage, Regulatory, Rocket Mortgage, Trump Administration

Class Valuation unveils appraisal review tool

June 18, 2025 by bp56691
The new tool offers licensed appraiser-led reviews of existing appraisal reports by incorporating automated valuation model technology.
Categories Appraisals, Appraisals and Valuations, Artificial Intelligence, Automated Valuation Model, Class Valuation, Home Prices, HWmember, Real Estate, Technology

Reverse mortgage LOs share appraisal challenges at NRMLA event

May 16, 2025 by bp56691
Reverse mortgage professionals share their views on appraisals and some of the challenges they’ve faced in this process.
Categories Appraisals, HECM, HWmember, NRMLA, Reverse

Appraisal Institute executive accused of harassment withdraws from public appearances

May 13, 2025 by bp56691
The Appraisal Institute (AI) executive who’s been accused of sexual misconduct by multiple women has decided to keep a low profile.
Categories Appraisals, Appraisals and Valuations, HWmember, Lawsuit

Class Valuation names Chris Flynn chief data officer

April 16, 2025 by bp56691
In the newly created role, Flynn will oversee the company’s data strategy and use of analytics, AI and automation.
Categories Appraisals, Appraisals and Valuations, HWmember, Real Estate, Technology, Valuation

Former executive sues Appraisal Institute, alleging wrongful termination

March 31, 2025 by bp56691
A former Appraisal Institute executive is suing after she was allegedly fired for pushing back against incorrect exam results.
Categories AMCs, Appraisals, Appraisals and Valuations, Illinois, Lawsuit, Legal
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