Property valuation has always been one of the stranger parts of the mortgage transaction for consumers. A buyer can negotiate a purchase price with a seller, provide months of financial documentation to a lender and get all the way through underwriting only to have...
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...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
