Reconsideration of Value: What You Need to Know

Reconsideration of Value (ROV) is a process that allows appraisers to review and revise their determinations of value based on additional information or evidence. According to Fannie Mae and Freddie Mac, lenders must have a consistent framework for handling ROVs by the end of October 2024.

In this webinar recording, you will learn about the new requirements for developing ROV processes, and how CoreLogic is updating CMS to help accommodate these workflow shifts.

This webinar featured an overview of Reconsideration of Valuation from Shawn Telford, Chief Valuation Officer at CoreLogic. Afterwards, CMS’s Dana Hill, Sr. Director, Product Management, Oder Management Solutions will walk you through the enhancements CoreLogic has made to the CMS platform to further support the ROV initiative. The webinar was moderated by William Gillis, Sr. Director, Product Marketing, Origination Solutions at CoreLogic.