Fannie Mae recently published a new video on YouTube titled, “The Myth of the One-Mile Rule” to help dispel a common misconception amongst appraisers regarding comparable sales.

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For years, the commercial real estate industry has been stuck with antiquated appraisal management technologies that have not adapted to the modern mortgage environment. Not only do these systems...

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The Appraisal Subcommittee (ASC) recently announced that it has approved $3 million in new grants for The Appraisal Foundation over 3 years, with $1 million coming in the first year, to help...

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The real estate appraisal process is an intricate web of numerous moving parts and compliance requirements that’s traditionally riddled with manual processes, like managing emails, faxes, and...

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The Appraisal Foundation recently announced that its Appraiser Qualifications Board (AQB) has adopted the Practical Applications of Real Estate Appraisal (PAREA), which provides new minimum...

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Even with the ECOA Appraisal Rule in effect for some time now, many financial institutions have overlooked a key mandate within this regulation that requires lenders to “obtain the applicant’s...

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