On June 1, the Consumer Financial Protection Bureau, along with five other agencies, invited comment on a proposed rule to implement the quality control standards mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act for the use of automated valuation models by mortgage originators and secondary market issuers in determining the collateral worth of a mortgage secured by a consumer’s principal dwelling. The focus is on homeowners who may be concerned about a technology model alone determining the value of their house.

Accurate Group, a provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, released its 2023 U.S. Housing Equity Loan Survey, designed to capture homeowner intentions and tolerance for engaging in real estate lending over the next 12 months – with specific attention on how homeowners plan to leverage home equity.

The Federal Housing Administration’s (FHA) new policy provides borrowers struggling with housing costs a potential reprieve by allowing modifications to extend mortgage periods up to 40 years (480 months). The increase in the term limit will result in lower monthly payments and give homeowners an affordable solution to housing costs.

On May 10, The Federal Housing Finance Agency said it rescinded the upfront fees based on borrowers’ debt-to-income ratios for loans acquired by Fannie Mae and Freddie Mac. The federal agency said it will also issue Request for Input on the government-sponsored enterprises’ single-family pricing framework.

Recently, Valuation Review brought to the attention of its readers the Reggora launch of its appraisal fulfillment solution, The Appraisal Marketplace. We sat down with Reggora co-founder and CEO Brian Zitin, who shared more details about this solution. Read on for the full conversation.

Dustin Harris, “The Appraiser Coach,” highlights two key mindsets of business for the month of June. Harris speaks to appraisers from his blogs “Who Are You Surrounding Yourself With?” and “Do What You Love and Love What You Do.” Read on for more tips from the "coach."

Clear Capital recently announced an expansion of its partnership with ValueLink, a valuation management platform, to increase support for appraisal modernization policy changes. ValueLink customers now have access to Clear Capital’s proprietary Universal Data Collection. Read on for more details regarding this partnership.

A new installment of October Research’s Economic Forecast webinar series welcomes international real estate expert Dr. Ted C. Jones, who delved into numerous topics affecting the title industry, housing and the mortgage market.

A former U.S. Department of Housing and Urban Development official was sentenced for falsifying financial disclosure forms, according to a release from the United States Department of Justice.