Recently, at an event marking the 100th anniversary of the Tulsa Race Massacre, President Biden announced the launch of a new interagency task force to root out what it calls inequity in the appraisal ...

Appraisal turn times have historically been a pain point in the mortgage process and in boom times, when transaction volumes soar, turn times tend to be one of the first casualties. In 2020 and 2021, ...

Lenders are facing increasing pressure to modernize their home lending operations, lower costs, and reduce risk following a rapid rise of interest rates and resulting cooling of the housing market.

When looking at issues in the mortgage industry, there’s a noticeable number of problems revolving around efficiency. It isn't about having enough appraisers to go around; it's about making them more ...

Appraisal for a commercial property is a crucial process that determines the market value of the property based on various factors. Commercial property appraisals are essential for a variety of ...

You have your accepted contract in hand, a closing date, and many things to do before your loan is approved. One of these items is the appraisal, which if not everything works out properly can quash ...

Every year, county appraisal districts around the state assess property values for homeowners with results that are sometimes inaccurate. If a homeowner believes they are being overtaxed on personal ...

Explore how racial bias affects home appraisals, leading to devaluation and $156B in losses, and discover proposed solutions for equitable valuation.

An appraisal for a refinance is part of the underwriting process for a new loan. Appraisers look at various factors, including your home’s location and its size, layout and improvements. Many lenders ...