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  Freddie Mac outlines specifics of ACE+ PDR loansWednesday, May 24, 2023 Valuation Review reached out to Freddie Mac Single-Family Chief Appraiser Scott Reuter, who shared some facts about the government-sponsored enterprises’ (GSE) ACE+ PDR (automated collateral evaluation plus property data report) offering.
Reuter answered several FAQs about loan eligibility as it relates to Freddie Mac’s guidelines.
Read on for the full conversation. |
 Leadership skills from business, athletic world serve this executive wellWednesday, May 24, 2023 Attendees at the 19th annual National Settlement Services Summit (NS3) in St. Louis, Mo., June 6-8, will hear important business tips necessary for success from Ed Molitor.
Molitor is the founder and CEO of The Molitor Group, who will appear on center stage as a keynote speaker.
Read on for a preview of his talk, and learn how you can still register to attend NS3. |
 Agencies issue joint statement on discrimination, bias in automated systemsWednesday, May 24, 2023 On April 25, officials with the Consumer Financial Protection Bureau, the Justice Department’s Civil Rights Division, the Equal Employment Opportunity Commission and the Federal Trade Commission issued a joint statement about enforcement efforts to protect the public from bias in automated systems and artificial intelligence.
They said America’s commitment to the core principles of fairness, equality, and justice is deeply embedded in the federal laws that the agencies enforce to protect civil rights, fair competition, consumer protection, and equal opportunity.
Read on to learn more. |
 Zillow: Housing market firmly in sellers' favor Wednesday, May 24, 2023 The housing market has tilted firmly back in favor of sellers, as steady demand met scarce inventory to drive up home values, according to the latest market report from Zillow.
New listings declined in April, leaving buyers with few options.
Read on for the full analysis from this report.
Reggora launches appraisal fulfillment solutionWednesday, May 24, 2023 Reggora recently launched its appraisal fulfillment solution, The Appraisal Marketplace. The new solution makes getting an appraisal done as easy as ordering an Uber ride, according to Reggora’s CEO.
ATTOM breaks down best times to sell a homeWednesday, May 24, 2023 ATTOM released its annual analysis of the best days of the year to sell a home, which shows the months of May, June and April offering seller premiums of 10 percent or more above market value – with the top 16 best days to sell in the month of May alone.
Redfin: Some home prices falling in pandemic boomtownsWednesday, May 24, 2023 One-quarter of homes for sale in Austin, Texas, (25.8 percent) have lower estimated monthly housing payments than they would have if they had been for sale a year ago, according to a new report from Redfin.
 An update on MLS data technology from company CEOMonday, May 22, 2023 Valuation Review spoke with REdistribute acting CEO Amy Gorce about the company’s launching of a real estate data base enhancing the MLS process.
MLS photos are vital to the appraisal transaction, and Gorce goes through several steps in the process.
Read on for the full conversation with the company executive.
 AI PAREA program receives AQB approvalMonday, May 22, 2023 On May 18, the Appraisal Institute (AI) announced the Appraiser Qualifications Board has provided approval of AI’s Practical Applications of Real Estate Appraisal (PAREA) program for the licensed residential path. The Appraisal Foundation’s Board of Trustees awarded the Pathway to Success Grant to the Appraisal Institute to assist with the development of the PAREA program.
Freddie Mac’s Loan Collateral Advisor to alert appraisers to ill-advised languageMonday, May 22, 2023 Effective June 29, Freddie Mac’s Loan Collateral Advisor will include new feedback messages to alert users when certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports submitted through the Uniform Collateral Data Portal. This insight is intended to help users identify potential issues and to assist in compliance with Freddie Mac Single-Family Seller/Servicer Guide requirements.
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OnVUE Online Testing and the Appraisal Institute
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