Craig Steinley was voted out Wednesday by a two-thirds majority of the Institute’s 28-member board, less than two weeks after a New York Times exposé surfaced harassment and misconduct allegations. Continue reading
Professional association is fighting accusations that it knowingly reported inaccurate exam scores to state agencies and ignored a top executive’s alleged sexual harassment of multiple employees. Continue reading
Lenders no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a “reconsideration of value.” Continue reading
“Barbarian” became a runaway hit in October, but the Airbnb-referencing horror flick also raises a thorny issue for agents: What rooms can be listed as part of a property’s total square footage? Continue reading
The five-point plan seeks to make the appraisal industry more accountable, arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry, and leverage federal data to benefit research and policymaking. Continue reading
Appraisal Institute’s president Rodman Schley is addressing unconscious bias, amping up diverse recruiting and partnering with others who are also working to do what is right. Continue reading
Mortgage giant Freddie Mac’s analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias. Continue reading
The service, UWM Appraisal Direct, is optional and mortgage brokers will still have the option to choose from roughly 100 UWM-approved appraisal management companies. Continue reading