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Appraiser shares his COVID-19 recovery experience
Posted Date: Monday, June 15, 2020
Bryan Reynolds, a veteran of the appraisal profession, spoke to Valuation Review about his ordeal after being diagnosed with the COVID-19 coronavirus.
Reynolds shared his feelings and triumphant return to good health, family, friends and his work as an appraiser.
Read on for this inspiring story.
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Stewart acquires appraisal company
Posted Date: Wednesday, June 10, 2020
Stewart Information Services Corp. has acquired United States Appraisals.
This is a move that strengthens Stewart’s digital real estate services offering in appraisal and valuation management.
Read on to learn more about the acquisition and reaction from company executives.
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Lender Services division welcomes executive
Posted Date: Wednesday, June 10, 2020
WFG Lender Services welcomed a new executive joining the company as vice president of national business development for the company’s Lender Services organization, expanding the company’s presence in and commitment to the mortgage lending market. Read on to find out who is the newly appointed individual.
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NCUA appraisals rule grants regulatory flexibility
Posted Date: Wednesday, June 10, 2020
The Credit Union National Association wrote in support of the National Credit Union Administration’s (NCUA) interim final rule on real estate appraisals, saying it minimizes instances of borrowers experiencing delays in obtaining funds needed to meet immediate and near-term financial needs. NCUA issued the rule at its April meeting. Read on to learn more.
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ASA CEO sends message of concern, hope
Posted Date: Monday, June 15, 2020
American Society of Appraisers (ASA) CEO Johnnie White sent a message of concern and hope to members and friends.
The message came by way of a released statement on the ASA website.
Read on for White’s message.
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Integra Realty opens Kansas City office
Posted Date: Monday, June 15, 2020
Integra Realty Resources expanded its Midwest footprint, opening its second local office in Missouri, IRR-Kansas City, the company announced in a release. Read on for more information.
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AIC welcomes changes to the Alberta Real Estate Act
Posted Date: Monday, June 15, 2020
The government of Alberta tabled legislation that would remove the requirement for the Appraisal Institute of Canada’s (AIC) member appraisers to be licensed under the Real Estate Council of Alberta. AIC member appraisers will continue to remain as members in good standing of the AIC, as required by the act. Read on to learn more.
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Fannie extends deadline date on flexibilities
Posted Date: Wednesday, June 17, 2020
Fannie Mae released information pertaining to the extension of the effective date surrounding the application dates eligible for temporary flexibilities to appraisal guidelines stemming from COVID-19. The deadline date has been extended to July 31. Read on to learn more.
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CUNA: Increasing forbearances will impact liquidity
Posted Date: Wednesday, June 17, 2020
The Credit Union National Administration (CUNA) increasingly is concerned about the impact a large number of mortgage forbearances will have on the liquidity of mortgage servicers, it wrote the Senate Banking Committee before a hearing on the oversight of housing regulators. CUNA also called for guidance or clarity on several issues. Read on for more of what CUNA said in its letter to the committee.
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HouseCanary comments on appeal ruling in Title Source case
Posted Date: Wednesday, June 17, 2020
In 2018, a jury in San Antonio, Texas awarded HouseCanary more than $700 million in damages after finding that Amrock, which was previously known as Title Source Inc. (TSI), had misappropriated trade secrets and committed fraud that harmed our business.
Recently, TSI has appealed the court’s ruling.
Read on to find out more details including specific aspects of the ruling concerning this case and hear what HouseCanary had to say about the appeal.
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NAR lists best markets for millennials
Posted Date: Wednesday, June 10, 2020
The National Association of Realtors (NAR) has identified 10 markets with favorable conditions for millennial homebuyers during the coronavirus pandemic.
NAR analyzed current housing affordability, local job market conditions during the coronavirus pandemic, the number of millennials in the area and inventory availability in the largest 100 metropolitan statistical areas across the country.
Read on for more from NAR Chief Economist Lawrence Yun and NAR President Vince Malta.
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Zillow: Spring’s missing home sales to be added in future
Posted Date: Monday, June 15, 2020
When coronavirus turned the economy upside down, anxiety and uncertainty about the future initially kept many homebuyers and sellers at bay.
Inventory and sales have picked up over the past months, though, and a panel of housing experts and economists say the housing market hasn’t lost those missing springtime transactions for good.
Read on to learn more.
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AppraisalWorks launches latest platform
Posted Date: Wednesday, June 10, 2020
AppraisalWorks launched of its flagship appraisal management technology platform. The AppraisalWorks platform is designed to streamline the real estate appraisal process, helping lenders, servicers and appraisal management companies achieve lower costs, faster turn times and greater transparency, according to a release. Read on to learn more.
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CoreLogic report reveals March loan figures
Posted Date: Monday, June 22, 2020
Are the loan rates showing any progress over the course of the pandemic?
The CoreLogic Loan Performance Insights report for March 2020 found the 30 days or more delinquency rate was 3.6 percent.
Read on to learn more.
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Poll reflects people willing to work at home full-time
Posted Date: Monday, June 22, 2020
Many workers have been forced to work at home during the coronavirus pandemic. And a new CreditCards.com survey shows more than a third would like to continue doing so full-time once the crisis is over, despite higher everyday expenses. Read on to learn more from the survey.
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Lending company offers home improvement financing
Posted Date: Monday, June 22, 2020
Ally Lending has partnered with Authority Brands, LLC. The partnership marks Ally’s expansion into the home improvement category and builds on its legacy strength in healthcare lending, the company announced in a release. Read on to learn more.
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Real estate firm partners with PPP platform
Posted Date: Monday, June 22, 2020
MountainSeed has formed a partnership with Kabbage, an automated Paycheck Protection Program (PPP) lender, to give community bank and credit union clients a timely access to PPP loans for their small-business customers in non-urban areas. Read on to learn more.
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Appraiser bounces back personally and professionally
Posted Date: Wednesday, June 17, 2020
Veteran appraiser Bryan Reynolds not only survived personally from having the COVID-19 coronavirus, but he also found new ways to get his appraisal business back on track.
Reynolds shared those practices with Valuation Review.
Read on to learn what he did to keep thriving in the appraisal profession.
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Office space top priority for home shoppers
Posted Date: Wednesday, June 17, 2020
As a result of the COVID-19 pandemic, most people will be thinking differently when it comes to purchasing a home.
With most Americans choosing to remain at home working, a comfortable working environment will become a necessity. Zillow examined this by way of its survey.
Read on to find out more.
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