Browsing: Appraisals

Newsbytes Freddie Mac tool to warn users about possible appraisal bias

Freddie Mac’s online tool for assessing valuation risk—Loan Collateral Advisor—will soon include feedback messages to alert users when certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports submitted through the Uniform Collateral Data Portal, the GSE recently announced.

Mortgage Six top concerns for mortgage bankers

These challenges will affect all markets, but will have local distinctions that will be important for market participants to understand as they navigate the uncertain road ahead.

Mortgage

The American Bankers Association today offered feedback to the Federal Housing Finance Agency on appraisal-related policies and practices for Fannie Mae and Freddie Mac, noting that it “fully supports creating new alternatives to the traditional appraisals available in the market today.”

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