The U.S. appraisal industry faces a shrinking workforce, regulatory changes and new tech requirements, impacting housing and lending.
For the past several years, the appraisal profession has battled the fact that a significant percentage of its workforce is aging. And as a greater number of appraisers approach retirement age, fewer ...
CFPB, 7 other federal agencies send letter to The Appraisal Foundation demanding clearer anti-discrimination language in proposed revisions to industry standards. The Appraisal Foundation is a ...
In 2020, a Black homeowner in Indiana believed two appraisals lowballed the value of her home. She then removed items that identified her race and asked a White male friend to be there during a third ...
Appraisal Subcommittee said requirements are being reviewed to determine whether they ensure and promote fairness, equity, objectivity, and diversity, in both appraisals and in the training and ...
(NNPA Newswire) – To address systemic racial disparities in the real estate appraisal profession, the U.S. Department of Housing and Urban Development (HUD) recently announced an historic conciliation ...
Forbes contributors publish independent expert analyses and insights. I cover residential real estate, including buying, selling and trends. The coronavirus pandemic has drawn widespread attention to ...
WASHINGTON — Longtime home appraiser, Jenifer Gausman, has a colorful, vibrant home in Northeast Washington. Works of art are thoughtfully placed on the wall and an array of color is splashed on ...
(NAR) issued a statement after the White House's Property Appraisal and Valuation Equity (PAVE) Task Force announced significant regulatory actions and changes to address appraisal bias. The changes ...
Changes are coming to the appraisal profession's top rulemaking body – just not the kind regulators or critics had in mind. The Appraisal Foundation, which has been the subject of growing scrutiny in ...
This is Part 2 of a four-part Bisnow investigative series exploring the appraisal profession, its importance to commercial real estate and the broader economy, and the people and organizations that ...
Appraisers are at an inflection point. The issues pressuring the industry are decades in the making: an easing of mortgage borrower policies, a lack of recruiting into the profession and, perhaps most ...
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