The U.S. House recently passed the “Homebuyer Assistance Act of 2021” (H.R. 3008), which has been sent to the Senate and would amend the National Housing Act to allow state-licensed appraisers to...

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In today’s mortgage industry, many organizations have a unique appraisal process that fits their exact business model. Unfortunately, most valuation management technologies follow a one-size...

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The real estate appraisal space has often been slow to adopt new technologies, where it typically takes a catastrophic event (like the housing crash of 2008) to get the attention of financial...

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ICE Mortgage Technology™ recently conducted its latest Origination Insights Report, which found that the average closing time for all loan-types decreased in the first quarter by several days.

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Real estate appraisals have often been criticized for inefficiency, frustrating errors, and bias, which has led to a digital revolution within this space, as more mortgage lenders, AMCs, and...

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On April 20th, the House Financial Services Committee approved the “Real Estate Valuation Fairness and Improvement Act” (HR 2553), which would establish an interagency task force that would...

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