Appraisals

As housing and lending companies try to eradicate racism and bias from their industries, automated valuation tools could help reach that goal, according to the American Enterprise Institute.

The agency's request for input will shape how mortgages underwritten by Fannie Mae and Freddie Mac handle appraisals and curb risk.

Two reports reveal how borrowers prefer to engage with lenders, with younger customers preferring an efficient digital experience and most seeking some form of human interaction.

The average gain per homeowner on a year-over-year basis was the most in six years.

Loans with balances under $27,200 do not have to comply with the special rules for property valuations of such mortgages.

The price for the commercial valuation and budgeting technology company was not disclosed.

The war of words between Senator Investments, Cannae Holdings and CoreLogic continues in the run-up to the Nov. 17 special shareholders meeting.

HUD Deputy Secretary Brian Montgomery questioned "whether we could ever totally accept desktop-only appraisals" at the Mortgage Bankers Association conference this week.

Diversity initiatives for home appraisers would cut down the racism and bias within the valuation process.