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...
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 support...
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 Excel...
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 criteria...
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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