Appraisal turn times have historically been a pain point in the mortgage process and in boom times, when transaction volumes soar, turn times tend to be one of the first casualties. In 2020 and 2021, ...

Bias in the appraisal process strips homeowners of wealth and hurts the values of neighboring homes. Studies show that homes in areas with mostly residents of color are often undervalued compared to ...

A home appraisal is a report that states how much a home is worth according to a licensed professional The appraiser considers the location, features, and size of the home, as well as recent sales ...

The 1004/70 appraisal form used for Uniform Residential Appraisal Reports hasn’t been updated since 2005, despite the changes and innovations that have taken place in the mortgage industry and in ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Zack Sigel is a writer and editor based in New York City. He has been managing editor at Policygenius and M1 Finance, where he led teams specialized in writing about business and finance, and he has ...

Former Ginnie Mae president says appraisal reform is stalling, calls for Congress to embrace data-driven valuations A former head of the Government National Mortgage Association (Ginnie Mae) is ...