Fannie Mae, Freddie Mac push back reconsideration of value application deadline
Fannie Mae and Freddie Mac have extended the effective date for the appraisal reconsideration of value, or ROV, requirements to ...
Tag: Appraisals
Federal agencies finalize rule on automated valuation models
Six federal agencies issued a final rule to regulate the credibility of algorithmic models used in real estate valuations.
OCC, FDIC adopt final rule on automated valuation models
The OCC and FDIC finalized a rule to regulate the credibility of algorithmic models used in real estate valuations, part ...
Housing agencies release new requirements to reduce appraisal bias
Both FHA and FHFA announced new policies that will allow borrowers to challenge property appraisals if they believe the appraisals ...
FFIEC releases principles for monitoring for appraisal bias in bank exams
FFEIC released a set of principles to guide banking regulators when monitoring for discrimination in residential property appraisals and evaluations ...
Recent FHFA blogs address appraisal time and disparities
The blog does not seek to determine the cause or propose potential solutions, though FHFA states that future blogs may ...
The 2024 compliance outlook
Change is the only constant and banks’ processes must be fine-tuned to detect all that happens in a rapidly-transforming regulatory ...
ABA: Combating appraisal bias starts with appraisers, regulators
Appraisers and their state regulators are in the best position to limit bias in the appraisal process as banks are ...
ABA: Proposed quality control rule for AVMs would overburden banks
A proposed interagency rule to regulate the quality of algorithmic models used in real estate valuations would likely overburden—and therefore ...
Biden administration launches fresh effort against ‘appraisal bias’
Six federal regulatory agencies requested public comment on a proposed rule to regulate the credibility of algorithmic models used in ...
