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News By Edition
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Valuation Review Edition
December 16, 2019
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Holidays bringing out the positives
Posted Date: Monday, December 2, 2019
Valuation Review is spreading good cheer and glad tidings this holiday season.
We asked appraisers to share their thoughts on the importance of counting the blessings those in the profession are fortunate enough to have.
Read on to find out why it’s good to be an appraiser.
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Veteran appraiser spells out the ‘A, B, Ys’ of clients
Posted Date: Wednesday, November 20, 2019
When people hear someone speak of the “A, B, Cs” as it pertains to a particular subject matter, most understand that it references basic concepts relating to that topic.
Veteran appraiser Dustin Harris, though, when talking about clients, uses a different letter in the equation.
Valuation Review reached out to Harris, known as “The Appraiser Coach,” for an explanation.
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Do superstitions affect real estate deals?
Posted Date: Monday, November 18, 2019
As one considers purchasing a home, would that home’s address reflecting traditional unlucky numbers detract individuals from buying the property?
Valuation Review spoke with Michele Wood, director of research at Valbridge Property Advisors/Houston, for her insight on superstitions, and how much effect they have on potential buyers.
Read on to find out what she shared with us.
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What concerns should be at the top of your list?
Posted Date: Monday, November 25, 2019
There is more than enough for appraisers to worry about in today’s valuation profession.
But the ability to move forward and thrive in one’s business might be as simple as worrying about what one can control.
Accurity Valuation Director of Collaboration Woody Fincham tells us what is of the utmost concern to him as far as appraiser worries are concerned, and how he handles each situation.
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TAF announces 2020 board appointments
Posted Date: Monday, November 25, 2019
The Appraisal Foundation (TAF) revealed its 2020 appointments to the organization’s two independent boards, the Appraisal Standards Board (ASB) and Appraiser Qualifications Board (AQB), according to a TAF press release. Read on to learn the new appointees to the ASB and the AQB, as well as the 2020 Officers and members of TAF’s Board of Trustees.
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CoreLogic completes AMC transformation
Posted Date: Monday, December 2, 2019
CoreLogic has completed the transformation of its appraisal management company (AMC) operations which was commenced in December 2018. Read on for more details.
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LenderClose integrates Clear Capital’s ClearAVM
Posted Date: Monday, December 2, 2019
Two top lending technology providers recently announced a partnership that further streamlines lender access to all the digital tools it takes to underwrite, approve and service real estate loans. Read on to find out who these companies are and what this collaboration means for the appraisal industry moving forward.
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Commercial company welcomes back executive
Posted Date: Monday, December 2, 2019
Integra Realty Resources has welcomed back a new executive.
Michael Welch will be assuming the position of managing director of the Houston office.
Read on to learn more.
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Mortgage company selects Appraisal Firewall
Posted Date: Monday, November 25, 2019
Mortgage and financial technology provider SharperLending, LLC confirmed a business transaction.
The Intercoastal Mortgage Company has selected the Appraisal Firewall real estate appraisal platform as their primary software system for managing residential appraisals.
Read on to learn more.
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Parties in LandSafe class action case seeking settlement
Posted Date: Monday, November 11, 2019
The parties in a class action lawsuit against Countrywide Financial Corp. finds the plaintiffs accusing the bank and appraisal firm LandSafe Inc. of conducting “sham” appraisals.
There are plans to reach a settlement in the case.
Read on for details and what happens next as the case moves forward.
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Ellie Mae: Millennial home refinancing reaches new heights
Posted Date: Wednesday, November 20, 2019
According to the latest Ellie Mae Millennial Tracker, refinances represented 33 percent of all loans closed by millennials in September 2019 as interest rates continued to drop. This marks the highest share of refinance activity since Ellie Mae began tracking the data. Read on to learn more from the report.
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Report: Average appraisal half-percent less than expectations
Posted Date: Wednesday, November 20, 2019
Home value perceptions have remained steady, with owner expectations lagging appraiser opinions by about a half-percent for the past few months.
In October, appraisals were an average of 0.45 percent lower than what homeowners expected, according to the National Home Price Perception Index (HPPI).
Read on for more October results from the HPPI.
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FHFA has new plans for Fannie, Freddie
Posted Date: Monday, November 25, 2019
The Federal Housing Finance Agency (FHFA) released its new Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and a new 2020 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions. Read on for additional information concerning both documents.
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SLK Global Solutions, Black Knight integrate
Posted Date: Wednesday, November 20, 2019
SLK Global Solutions will integrate its property search solution, SmartProp, with the Black Knight Exchange platform. Read on to learn about how this collaboration will help industry programs.
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Valutrust Solutions, Collateral Analytics unite for valuation services
Posted Date: Wednesday, November 20, 2019
Williston Financial Group’s Valutrust Solutions LLC has collaborated with leading valuation analytics provider Collateral Analytics to provide automated valuation offerings in conjunction with Valutrust Solutions’ appraisal and valuation offerings through the Valutrust platform. Read on to learn more.
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New American Funding selects platform
Posted Date: Monday, December 9, 2019
Origence has revealed that New American Funding has selected the Origence platform as its new mortgage loan origination system. Read on for more details.
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Will an updated USPAP bring more clarity?
Posted Date: Monday, December 2, 2019
The Appraisal Standards Board (ASB) of The Appraisal Foundation (TAF) has applied its changes regarding the new version of the Uniform Standards of Professional Appraisal Practice (USPAP).
Valuation Review followed up its webinar on this subject by reaching out to Tim Andersen of The Appraiser’s Advocate, LLC for his insights on the many aspects of USPAP and how appraisers can be confident they are compliant in moving their businesses forward.
Read on to learn more.
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AMC, advisory firm partner for better technology
Posted Date: Monday, December 2, 2019
Apex Appraisal Service (Apex) has a new strategic partnership with Opteon, Australia and New Zealand’s largest independent property advisory firm, to be the exclusive provider of their proprietary property valuation software in the U.S. market. Read on to learn more advantages this partnership will mean for the appraisal industry.
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