The U.S. Department of Housing and Urban Development (HUD) and The Appraisal Foundation reached a conciliation agreement yesterday that resolved a December 2021 investigation ordered by former HUD Secretary Marcia Fudge into allegations of discrimination into the...
The majority of Americans are either unwilling or uncertain about moving out of their homes, according to new data published by the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB). The data, which was collected through the...
The Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) have published their new Reconsideration of Value (ROV) policies to address concerns raised by potential disparities in residential property appraisals. An ROV is a...
Accurate Group, a Cleveland-headquartered provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, has acquired Voxtur Appraisal Services LLC, an appraisal management company (AMC) serving real estate finance providers. The...
Six federal regulatory agencies have jointly requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In a statement, the agencies said the proposed rule would “implement quality control...