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“Zestimates” can stay, judge rules

“Zestimates” can stay, judge rules

From TRD New York: “Zestimates” are just an estimate, with a Z. So ruled a federal judge, who dismissed an Illinois lawsuit by homeowners who sued Zillow Group over its controversial home valuation tool....

“Zestimates” can stay, judge rules
Court penalizes Quicken in appraisal case

Court penalizes Quicken in appraisal case

Quicken Loans arguably has the mortgage industry’s squeakiest-clean image — named by J.D. Power as No. 1 in home loan customer satisfaction for seven years in a row and No. 1 in loan servicing...

Court penalizes Quicken in appraisal case
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SoFla homebuyers increasingly paying above appraisal

As prices soar and land availability dwindles, home appraisal in South Florida these days doesn’t quite mean what it...

SoFla homebuyers increasingly paying above appraisal
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Appraisers ‘scared to death’ to report rising prices

Are some appraisers failing to see the improvements in real estate values underway in local markets that have recently...

Appraisers ‘scared to death’ to report rising prices
Nationwide, more residential deals not getting done

Nationwide, more residential deals not getting done

What’s behind the unusually high rate of contract cancellations and settlement delays in the real estate market? With signs...

Nationwide, more residential deals not getting done
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Despite restrictions, appraisal fraud booms

For anyone who assumed that the toughened real estate appraisal rules imposed on the mortgage market last year would mean less monkey business in home valuations, here’s a shocker: Fraudulent appraisals actually soared in...

Despite restrictions, appraisal fraud booms
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