Home appraisals are critical to the home buying and selling process. While they’re one of the best opportunities for an objective party outside the deal to assess a home’s true value, they can also ...
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 ...
Traditionally, appraisal reviews have required lenders to have a team of underwriters in place to manually review data to ensure accuracy and completeness. This process is time-consuming and the use ...