News By Edition

Appraisers continue to face tough decisions about their careers.

As a result of insufficient profits and questionable stability, what can they do to thrive within their own businesses?

Valuation Review reached out to a number of industry veterans who shared their ideas as to how appraisers can succeed with their chosen profession.

At the 2019 Valuation Expo conference in Chicago, CoreLogic executive Matt Carlson, who determines value in Australia, as well as New Zealand, traveled the greatest of distances to address the audience on how appraisers go about their business in his native land.

The role of the appraiser residing in another country changes somewhat but not all that much.

Read on to find out what Carlson told the conference attendees.

Appraisal Institute CEO Jim Amorin addressed many topics at the 2019 Valuation Expo conference in Chicago, including the advantages/disadvantages for appraisers using automated valuation models.

Amorin also talked about a changing market facing those in the profession today. Valuation Review was in attendance.

Read on to find out what we and the conference attendees were told.

Class Valuation, upon acquiring Landmark Network, embraced appraiser John Dingeman, who had been serving in the same capacity as chief appraiser for the three years preceding his new appointment.

Dingeman, past president of the National Association of Appraisers, spoke with Valuation Review about his new role and what opportunities he sees can help him make better the profession of appraising.

Read on to find out what he told us.

Valuation Review continues to look into the world of art appraisals.

What are appraisers qualified to do when it comes to placing value on pieces of art? How can they help consumers protect themselves from being duped financially?

We sought expertise from another source who shared with us what both appraisers and buyers can do to make transactions of this nature go a little smoother.

National Association of Realtors (NAR) Policy Representative Sehar Siddiqi spoke to an audience at the 2019 Valuation Expo conference in Chicago about the frustrations she and NAR hears from those in the valuation profession.

Siddiqi also spoke to the trends in agent and appraiser sentiments.

Read on to find out more of what she told the audience and see some interesting responses to selected poll questions.

Hondros College of Business, part of Hondros Education Group, now offers the only associate degree program recognized by the Appraiser Qualifications Board as an approved education provider for real property appraisers in the United States. Read on to learn more about this learning opportunity for appraisers.

In Verition Partners Master Fund Ltd. v. Aruba Networks, Inc., the Delaware Supreme Court again endorsed deal-price-minus-synergies scenario.

The endorsement emphasizes such importance as a foundational method for valuing companies in statutory appraisal proceedings. 

Read on to learn more about this case.

The Federal Housing Finance Agency (FHFA) recently released its Scorecard Progress Report, detailing major activities of Fannie Mae and Freddie Mac in 2018. The report includes information on how the GSEs contributed to achieving FHFA’s three strategic goals as conservator of the Enterprises. Read on to learn more.

Many factors are involved regarding why millennials choose to move to certain locations, remain there for a significant amount of time, or soon leave after they move there. According to the National Association of Realtors (NAR), job market and affordability in the given location are two of the main reasons that impact millennials the most. Read on to find out more facts from NAR’s 2019 report.

Freddie Mac released its May Insight, which examines the perceptions prospective homebuyers have around downpayments, the various funding sources they use, and how families and others assist them in fulfilling the dream of homeownership. Read on to learn more.

The developing of better automated valuation models is something the appraisal industry should strive for because some models are measurably more accurate than others.

Doug Hubbard, author of “How to Measure Anything: Finding the Value of Intangibles in Business,” shared with us his thoughts  with   Valuation Review on how to apply certain methods to develop improved models and be a better estimator.

Read on to learn more.

More advice for thriving appraisers.

In Part II of the feature story on how appraisers can improve their businesses, Valuation Review seeks additional advice from some of the profession’s most experienced individuals who shared more tips as to how appraisers can “stay in the game.”

Read on for the conclusion.

Exceleras announced that Barry Owens has joined the company as vice president of business development. Owens has nearly 30 years of mortgage servicing and sales experience and a history of providing technology solutions that enable operators to perform at their peak, the company said. Read on to learn more.

The Federal Housing Administration will conduct free appraisal training sessions in Salt Lake City on June 5, West Fargo, N.D. on June 12 and Pittsburgh on June 18. Read on for the details and registration information.

In Part II of this conference story, Valuation Review continues its recap of National Association of Realtors (NAR) Policy Representative Sehar Siddiqi’s session from the 2019 Valuation Expo in Chicago.

Siddiqi shared many ideas with the audience by way of responses to selected polls and surveys, while also touching on specific matters surrounding loan closings.

Read on for the conclusion of this story.

The U.S. Department of Housing and Urban Development awarded nearly $1.5 billion to support seven states in their recovery from major disasters that occurred last year. Read on to learn who benefitted from such funding.

More appraisers heading to commercial company.

Bowery Valuation announced the addition of five senior hires to join its growing appraisal team, including two of New York City’s most experienced appraisers.

Read on to find out who these new hires are, and what is the company doling to attract more appraisers.

In Part II of this feature, Valuation Review continues the conversation with Doug Hubbard, author of “How to Measure Anything: Finding the Value of Intangibles in Business,” who reached out to share his thoughts on how to apply certain methods to develop improved models and be a better estimator. 

According to Hubbard, the developing of better automated valuation models is something the appraisal industry should strive for because some models are measurably more accurate than others.

Read on for the conclusion.

Azimuth GRC, LLC unveiled its automated regulatory compliance software in its first module for the mortgage industry. Read on to learn more.

NewDay USA, the nation’s eighth largest VA mortgage lender, announced the company has renewed its warehouse facility with BankUnited for $100 million to assist in the purchasing of homes for veterans and their families. Read on to learn more.