The Federal Housing Finance Agency (FHFA) failed to adequately document desktop appraisal reports, which clouds data on the effectiveness of the desktop appraisal program, according to a report ...

The lack of consistent record-keeping on desktop appraisal reports could pose risks to financial safety, with the OIG pushing for increased transparency and improved monitoring. The Office of ...

SAN FRANCISCO (KGO) -- A new report released Wednesday by the National Fair Housing Alliance is calling for sweeping reforms in the appraisal industry and highlights a lack of diversity in the field, ...

The appraisal industry, unlike other sectors of the housing finance industry, has been allowed to govern and regulate itself. The Appraisal Foundation is an industry-run private nonprofit that has a ...

LOS ANGELES (KABC) -- As a mortgage broker who works with many low to moderate-income families, Mark Alston is familiar with problems in the real estate appraisal industry. "We hold our breath while ...

Research detailing overt demographic references in appraisal reports has sparked anger from appraisers, even as they express dismay at the findings. “I was sickened when I read it,” said St.

While the Federal Housing Finance Agency made 17 referrals to the Department of Housing and Urban Development regarding alleged appraisal bias, it did not take the additional step of filing complaints ...

A home appraisal involves an objective professional evaluating a home to determine its value. Home lenders commonly order appraisals during mortgage or refinance underwriting. Appraisers take many ...

Before any lender loans you money to purchase a home, they normally want to know how much the home is worth. The value of the home and its location will determine if a lender is willing to offer you a ...