An apparent cyberattack on title company First American is also disrupting life for a significant number of appraisers in Massachusetts thanks to a key piece of appraisal software the company makes.
The real estate appraisal industry could be in for some significant changes as the Biden administration looks to make good on a campaign pledge to root out racial discrimination in the housing industry.
Massachusetts’ housing appraisers are concerned inaction by Fannie Mae and Freddie Mac is leaving them – and homebuyers – vulnerable to the coronavirus.
Federal banking regulators are proposing a rule change that will deprive hundreds of thousand consumers of an important safeguard in the homebuying process.
The Supreme Judicial Court rejected a real estate company’s argument courts should not invalidate a binding real estate appraisal because the appraiser’s firm, but not the appraiser himself, allegedly had a conflict of interest.
