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HUD, Appraisal Foundation Offer Different Spins on Conciliation Agreement

HUD, Appraisal Foundation Offer Different Spins on Conciliation Agreement

by Phil Hall | Jul 12, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

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...
Survey: Most Americans Are Unwilling or Uncertain About Moving

Survey: Most Americans Are Unwilling or Uncertain About Moving

by Phil Hall | Jul 2, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
FHFA and HUD Announce New Reconsideration of Value Policies

FHFA and HUD Announce New Reconsideration of Value Policies

by Phil Hall | May 2, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Acquires Voxtur Appraisal Services

Accurate Group Acquires Voxtur Appraisal Services

by Phil Hall | Nov 1, 2023 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

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...
Feds Seek Input on Updating AVM Quality Control Standards

Feds Seek Input on Updating AVM Quality Control Standards

by Phil Hall | Jun 2, 2023 | Industry Updates, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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