News By Edition

Clients pay appraisers for their opinions of value they form and not facts they find.

Therefore, are adjustments to those opinions really necessary? Valuation Review reached out to Dustin Harris, “The Appraiser Coach,” who addressed such a topic.

Read on to find out what he said.

At the 2019 Valuation Expo in Chicago, Valuation Review heard from Moody’s Investors Service Assistant Vice President Lima Ekram.

She addressed the audience on a variety of topics, including the securitization of newly originated loans and the potential risks of appraisal alternatives.

Read on to find out more of what she told conference attendees.

Valuation Review attended the 2019 Valuation Expo conference in Chicago, where appraisers gathered to hear experts speak to the topics uppermost on their minds.

We spoke with Allterra Chief Operating Officer Crispin Bennett, who shared with us his thoughts on this year’s event.

Read on to find out what he told us.

Springhouse announced that Morningstar Credit Ratings, LLC upgraded its residential vendor ranking to MOR RV1 as an asset valuation provider. Morningstar’s forecast for the ranking is Stable. Read on to learn more.

The Appraiser Qualifications Board (AQB) of The Appraisal Foundation (TAF) issued a Discussion Draft about the Practical Applications of Real Estate Appraisal (PAREA) concept. Read on to learn more including where to send comments for the AQB to consider.

On April 1, Valuation Partners launched PropertyRx, a new approach to real estate valuations that gives lenders greater efficiency without having to sacrifice quality and compliance. Read on to learn more.

The American Society of Appraisers (ASA) announced the appointment of Johnnie White as CEO. White will assume his new duties on April 15. Read on to learn more about White and what this can mean for the ASA moving forward.

Appraisal Logistics announced that Steven Rouse has been elected to the board of the Mortgage Bankers Association of Kansas City. Read on to find out more about this appointment.

Summit Valuation Solutions announced that Jayson Dammen has joined the company's team as vice president of national accounts. Read on to learn more about this appointment.

The Louisiana Real Estate Appraisers Board’s (LREAB) case against the Federal Trade Commission (FTC) recently hit a roadblock.

A federal appellate court said it did not have the jurisdiction to rule on LREAB’s petition to overturn the FTC’s decision because the decision is not final yet.

Read on to hear more about this case and what lies ahead.

Tommy O'Shaughnessy is a research analyst at Clever Real Estate, a platform that connects home buyers and sellers with top agents.

O’Shaughnessy reached out to Valuation Review to discuss his surveys and data, to which he analyzes trends in housing, real estate, and personal finance markets.

Read on to learn more.

Reggora announced its services are available through Ellie Mae’s Encompass Digital Mortgage Solution. Read on to learn more.

Many mortgage lenders are struggling to strike a balance in their servicing and origination strategies, according to Stratmor Group. Read on to find out more of what mortgage companies should be doing to thrive in business.

According to Freddie Mac’s March Forecast, the mortgage market is expected to see modest growth in 2019 buoyed by lower mortgage interest rates. Read on to learn more.

First American Mortgage Solutions, LLC announced enhancements to its collateral inspection services with innovative mobile-enabled technology. Read on to learn more.

Appraisal Logistics announced that the company now is providing automated valuation models from Veros Real Estate Solutions to users of its AIM-Port appraisal management platform. Read on to learn more.

Nations Valuation Services (NVS) announced the integration of NVS’ proprietary management system, AppraisalTRAX, with appraisal software from Anow. Read on to learn how this partnership can simplify the way real estate appraisers manage their businesses.

There is another key merger within the appraisal business world.

Class Valuation has acquired Texas-based appraisal management company, Janus Valuation & Compliance.

Read on to find out more about this appraisal partnership.

Anow announced it has formed a partnership with the National Association of Appraisers to make Anow’s appraisal office management platform more readily accessible to members of the professional organization. Read on to learn more.

LenderVend Appraisal Zone announced it has integrated with CoreLogic’s Mercury Network. This integration provides the opportunity for lenders to seamlessly manage the appraisal process with Appraisal Zone, all from within their current origination platform. Read on to learn more.

Valuation Review, in Part II of this story, continues to share the thoughts of Dustin Harris, “The Appraiser Coach.”

He discusses the true value of adjustments within the appraisal process.

Read on to find out more of what he believes is necessary when it comes to adjustments within assignments.

At the 2019 National Settlement Services Summit (NS3), Christopher Gulotta, a founding principal of the Gulotta Grabiner Law Group, PLLC, will serve as the lead panelist of “Partners Working Together.”

Specific pain points will be discussed as they relate to the lender, Realtor and builder perspective.

Read on to get a small preview of what this session will bring to the audience.

Each year, the average American household spends $2,279 on real-estate property taxes.

Households also spend another $440 for residents of the 27 states with vehicle property taxes, according to the WalletHub Study.

Read on to find out more of the information revealed from this study.