Explore appraisal bias and Reconsideration of Value (ROV) in this 45-minute webinar, and learn how your institution can support fair, accurate valuations.
This 45 minute session from RiskExec Connect 2024 delves into the complexities of appraisal bias and Reconsiderations of Value (ROVs) in residential real estate transactions. It discusses the final guidance issued by various regulatory agencies regarding ROVs, emphasizing the importance of principles-based approaches, proper complaint resolution processes, and risk-based policies to mitigate discriminatory practices and ensure fair valuation.