Splitero reports that automated valuation models (AVMs) quickly estimate property values using data, offering speed and affordability over traditional appraisals.

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based ...

While the mortgage industry continues to evaluate the nature and extent of bias in the home appraisal process, no one has yet come up with a solution for detecting and addressing it. Our Financial ...

The Uniform Appraisal Dataset (UAD) 3.6 update marks one of the most significant modernizations to appraisal reporting in over a decade. But for lenders, it’s more than just a technical update — it’s ...

Do you need a home appraisal to qualify for a HELOC or home equity loan? While you've been focused on everything else life throws at you, your property has been working behind the scenes. Most people ...

More lenders are approving home equity loans without traditional appraisals, cutting weeks off the process. Here's how ...

In the realm of homeownership, appraisals play a crucial role in determining property values. Recent developments have shed light on the prevalence of appraisal errors and the impact they can have on ...

Bloomberg News reported on Wednesday that Fannie Mae is proposing to ban the use of appraisals by a lender's employees or those arranged by mortgage brokers. The proposal was contained in what ...

No-appraisal home equity loans can be processed faster than those that require an in-person assessment. Unlock cash from within your home Unlock cash from within your home Online loan application ...

The case, which is currently pending in the U.S. District Court for the District of Maryland, concerns whether an appraiser, a real estate appraisal company, and an online mortgage lender ...

OAKLAND, Calif. (KGO) -- An East Oakland homeowner has reached a settlement agreement with a California appraiser and a mortgage company after receiving an appraisal that came in more than $300,000 ...