ADUs could remedy America’s housing crisis, but obstacles remain
Accessory dwelling units (ADUs) still need to overcome major hurdles, such as determining appraisal values and underwriting concerns.
Appraisals
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Judge dismisses Maryland appraisal discrimination case and defamation countersuit
A federal judge in Maryland has dismissed the claims of both the plaintiffs and defendants in an appraisal discrimination lawsuit.
Trump administration ‘effectively disbands’ the PAVE task force
The Trump administration announced Thursday that it has ended the major policy provisions of the Biden-era PAVE task force.
Atlas VMS acquires appraisal order management platform
Atlas called the move a “significant step” in developing technology-driven solutions to better serve U.S. mortgage lenders and appraisal management companies (AMCs).
FHA rescinds 12 policies as Trump administration pushes to cut red tape
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.”
Trump’s assault on DEI hasn’t ended federal efforts to stop appraisal bias
While the Trump administration has rolled back many regulations around appraisal bias, some remain in place.
Class Valuation unveils appraisal review tool
The new tool offers licensed appraiser-led reviews of existing appraisal reports by incorporating automated valuation model technology.
Reverse mortgage LOs share appraisal challenges at NRMLA event
Reverse mortgage professionals share their views on appraisals and some of the challenges they’ve faced in this process.
Appraisal Institute executive accused of harassment withdraws from public appearances
The Appraisal Institute (AI) executive who’s been accused of sexual misconduct by multiple women has decided to keep a low profile.
Class Valuation names Chris Flynn chief data officer
In the newly created role, Flynn will oversee the company’s data strategy and use of analytics, AI and automation.