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.

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and ...

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, ...

CLEVELAND--(BUSINESS WIRE)--AppraisalWorks, a leading provider of real estate appraisal technology, today announced innovations to its flagship appraisal management technology platform. The ...

Former Ginnie Mae president says appraisal reform is stalling, calls for Congress to embrace data-driven valuations A former head of the Government National Mortgage Association (Ginnie Mae) is ...

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 ...

A home appraisal is a report that states how much a home is worth according to a licensed professional The appraiser considers the location, features, and size of the home, as well as recent sales ...

The world’s population has grown to nearly 8 billion from roughly 2.5 billion in 1950. With this growth has come the demand for housing, especially in the United States, as 70+ million people in their ...

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