Handling Reconsideration of Value Requests: Best Practices from the Field
Reconsideration of Value (ROV) requests are becoming more common as consumers, lenders, and regulators look for greater transparency and accountability in the appraisal process.
This Trending Topics Thursday webinar brings together perspectives from Fannie Mae and practicing appraisers to help clarify how ROVs work in practice, what lenders are asking for, and how appraisers can respond while upholding professional standards.
Rachel Beam of Fannie Mae provides an overview of the GSE’s approach to ROVs, including recent guidance and expectations for lenders. Megan Judd, SRA, AI-RRS, shares insights from her workshop on consumer appraisal appeals, offering practical guidance for appraisers facing ROV requests in the field.
Tune in for this timely discussion to better understand the evolving ROV landscape and what it means for your work.
Learning Objectives:
This Trending Topics Thursday webinar brings together perspectives from Fannie Mae and practicing appraisers to help clarify how ROVs work in practice, what lenders are asking for, and how appraisers can respond while upholding professional standards.
Rachel Beam of Fannie Mae provides an overview of the GSE’s approach to ROVs, including recent guidance and expectations for lenders. Megan Judd, SRA, AI-RRS, shares insights from her workshop on consumer appraisal appeals, offering practical guidance for appraisers facing ROV requests in the field.
Tune in for this timely discussion to better understand the evolving ROV landscape and what it means for your work.
Learning Objectives:
- Understand current Fannie Mae guidance and expectations on Reconsideration of Value.
- Explore practical strategies for appraisers responding to ROV requests.
- Examine consumer and lender perspectives driving the increase in ROV activity.
- Identify best practices that protect both consumers and appraisers while maintaining public trust.