Combatting appraisal bias has been a federal government priority since the 2021 announcement of the Interagency Task Force on Property Appraisal and Valuation Equity (“PAVE”). As part of the PAVE ...
Cotality’s Image Analytics is an innovative solution in the appraisal review space. Image Analytics is a fully automated solution that evaluates the content of appraisal photos, highlighting errors ...
Traditionally, appraisal reviews have required lenders to have a team of underwriters in place to manually review data to ensure accuracy and completeness. This process is time-consuming and the use ...
The Federal Housing Finance Agency did not document its reviews of desktop appraisal reports, which makes it difficult to determine how the program is working, a report from its Office of the ...