FHA turns attention to the ‘flipping rule’ and AVMs
FHA signals push to repeal its 90-day anti-flipping rule and update AVMs, while new loss-mitigation rules are tied to $2 billion in savings.
Automated Valuation Model
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Study finds Zillow home estimates improve buyer, seller outcomes
The availability of a Zestimate increased buyer surplus by nearly 6% on average and raised seller profits by more than 4%.
Class Valuation unveils appraisal review tool
The new tool offers licensed appraiser-led reviews of existing appraisal reports by incorporating automated valuation model technology.