News By Edition

Valuation Review spoke with Walitt Solutions Principal and veteran appraiser Josh Walitt, who addressed specific issues and requirements regarding the training of lender and AMC staff members so as to meet the requirements of regulators and clients.

Walitt describes his company’s training methods.

Read on for more of our conversation.

The House Financial Services Committee approved HR 2553, the Real Estate Valuation Fairness and Improvement Act.

This bill would establish an interagency taskforce to analyze federal collateral underwriting standards and guidance and provide resources for promoting diversity within the valuation profession.  

Read on for more information and learn what the Appraisal Institute said in a letter to the Senate and Sen. Amy Klobuchar.

Valuation Review’s May installment from Dustin Harris, “The Appraiser Coach,” looks at Harris’ thoughts on why fraudulent methods hurt everyone, and the appraisal profession.

“Being liberal with values hurts the homeowner,” he said.

Read on for more from Harris.

The commercial real estate firm BBG announced the promotions of two individuals to bolster the company’s services and growth.

These appointments are key moves as the company moves forward.

Read on to find out the identity of these individuals and hear from the company CEO.

Valuation Review reached out to commercial appraising company North by Northwest Consulting, which shared its research on women in appraising.

The company also shared its conversation with two female appraiser trainees, whose perspectives brought keen insight on the topic.

Read on to find out more.

CoreLogic Valuations Principal George Paquette and Chief Appraiser Shawn Telford offer more insight into the hot topic of appraisal waivers and lending decisions.

“Understanding the condition of the collateral is important in making a sound lending decision,” Telford noted.

Read on for more insight.

Clear Capital recently launched its ClearProp platform which it said allows users to accurately and rapidly make data-backed property risk and investment decisions, the company announced in a release. Read on to learn more.

BBG has appointed Brandon Davis, as managing director at its headquarters in Dallas.

Davis will be responsible for management, client liaison, business development, appraisal production, and training, the company announced in a release.

Read on to learn more.

Walker & Dunlop, Inc. and GeoPhy said their multifamily appraisal business, Apprise, has expanded to the West Coast with the hiring of Jacinto Munoz, managing director of the Head of Strategy and Compliance department. Read on to learn more.

Cherry Creek Mortgage announced that Reid Nelson has been promoted to vice president of software development, according to a company release. Read on for more details. 

Eric Schloemer has been promoted to director of business development for Tiger Group, which specializes in a variety of asset dispositions and commercial valuations, as well as secured debt financing and equity investments, the company announced in a release. Read on for more details.

The American Society of Appraisers (ASA) announced that nominations for the organization’s Rising Stars Award, which will be handed out at this year’s 2021 ASA International Appraisers Conference in Las Vegas, are officially open. Read on to find out how you can submit your nominations to the ASA.

Incenter Appraisal Management recently named a new company president. Read on to find out who the new executive is.

CoreLogic recently said its shareholders voted to approve the company’s acquisition by funds managed by Stone Point Capital and Insight Partners for $80 per share in cash, according to a press release.

The completion of the transaction remains subject to regulatory approval and customary closing conditions.

Read on to hear more about this acquisition.

The Federal Housing Administration recently announced updates to its Single-Family Handbook, which it said will strengthen loss-mitigation approaches for struggling borrowers while streamlining servicer requirements. Read on to learn more.

Planet Home Lending, LLC, a national lender and servicer, has named John Bosley as president of Mortgage Lending. Read on for more about this appointment.

Ribbon, a real estate technology company, launched Appraisal Protection, a new feature of RibbonCash Offers. Read on to learn more.

LenderHomePage recently launched its company's redesigned Loanzify mobile app, as well as its integration with LenderHomePage's mortgage Point-of-Sale system, the company announced in a release. Read on to learn more.

MortFlix announced the launch of its streaming media network dedicated to the housing industry. Read on to learn more.

The National Credit Union Administration has renewed temporary measures designed to give credit unions relief during the COVID-19 pandemic. Read on for more details.

Valuation Review reached out to Bradford Technologies Chief Valuation Officer Bill King.

In King's article titled “Where have all the easy ones gone,” he shared his belief that the appraiser’s concern about losing work to automated valuation models is starting to become a reality.

Read on to learn more of what King wrote in his article.