Unraveling real estate valuation pyramid

Guest perspective: Mortgage valuation system in need of change

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

To say that our mortgage system is unique would be an understatement. The American Dream of home ownership has become a reality for more people than anywhere on the globe. Lending money based on the securitization of loans backed by real estate has been the rock on which this phenomenon has been built.

Fundamental to this system is the fair, objective and unbiased valuation of the real estate that secures these loans and provides the confidence Americans have in the value of their home.