Appraisals Fail Many Sellers
The real estate community has long complained about appraisals that lagged the market, but the report from the FHFA documents that their gripes are valid: Undervaluations spiked to 15 percent in 2021.
Appraisal Ethics Rule Revamp Delayed
An important revamp of the appraisal industry’s standards guidelines – including an important update to an ethics policy meant to address racial bias concerns – has been delayed by a full year.
Biden Admin to Release Plan to Stop Bias in Home Appraisals
Vice President Kamala Harris will announce an action plan to stop racial discrimination in the appraisal of home values, according to senior Biden administration officials.
Are You Paying Unseen Add-On Fees For Your Appraisal?
Are you getting fleeced on appraisal charges when you buy a house or refinance?
