Home purchases can be complicated by an appraisal below the buyer’s contract price offer. For the sale to go through, the buyer typically must renegotiate the purchase price, put more cash down, or ...
The Federal Housing Finance Agency (FHFA) recently published a FHFA Insights blog post that cites the underutilization of appraisal time adjustments by appraisers. The FHFA states that “[i]n principle ...
A Federal Housing Finance Agency (FHFA) analysis has shown racial disparities in appraisers’ use of time adjustments, potentially harming borrowers of minority groups. The FHFA based its analysis on ...
The Federal Housing Finance Agency (FHFA) recently published another FHFA Insights blog post addressing the underutilization of appraisal time adjustments by appraisers that is a companion to an FHFA ...
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