News By Edition

Valuation Review spoke with veteran appraiser Tim Andersen, The Appraiser’s Advocate, about the constant changes and guidelines facing appraisers today, and moving forward as a result of COVID-19 precautions.

Technology will play an even bigger role, for the profession to remain relevant.

Read on to find out what Andersen shared with us.

The Federal Housing Administration (FHA) remains very busy in brining assisting during this difficult time.

At this year’s Appraisal Summit virtual conference, FHA Home Valuation Policy Division Deputy Director Brian Barnes how the organization has provided guidance to appraisers during the pandemic crisis.

Read on for more from the FHA.

Appraisers have to prepare for a lot of things that can go wrong in the process of determining value.

Many will find themselves in neighborhoods that may not be the most desired, or valuing property that may be near where registered sex offenders are residing. How does an appraiser handle this very delicate matter? Valuation Review sought advice from veteran appraiser Dustin Harris (“The Appraiser Coach”), who shared his thoughts and recommendations from his blog post.

Read on to find out more.

Quantarium has partnered with Valligent Technologies to launch QVM-Insights for equity lending.

BPOs (broker price opinions) and REO (real estate owned) valuations will also be a part of the technology.

Read on to learn more about this technological partnership and hear from both company’s executives.

First American ACI has joined forces with AppraisalVision to power the appraisal industry’s first appraisal review platform.

AppraisalVision is offering market opportunities to lenders, appraisal management companies and appraisers with its technology being labeled a “game changer” for the appraisal industry.

Read on to learn more and hear from company executives on how this partnership enhances the valuation industry. 

The Appraisal Institute of Canada (AIC) has created the President’s Council on Diversity, which will assist the AIC board in fulfilling in specific responsibilities. Read on to learn more and hear from the AIC president.

Commercial real estate firm BBG appointed industry veteran Paul  Ping as senior managing director.

Ping will be responsible for expanding BBG Evaluation, a USPAP-compliant desktop valuation service for banks and other financial institutions for commercial properties and other assets that do not require a traditional appraisal.

Read on to learn more.

A shift in the mortgage lending landscape and increasing emphasis on company culture are just two of the major changes the mortgage industry has experienced over the past 40 years, according to a recent STRATMOR Group Insights Report. Read on to learn more and hear from the company’s retiring senior partner and co-founder.

The Consumer Financial Protection Bureau (CFPB), Federal Reserve Board, and Office of the Comptroller of the Currency recently announced the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2021 will remain at $27,200, as it was in 2020, the CFPB announced in a press release. Read on to learn more.

Are appraisers prepared to take the witness stand?

At the 2020 American Society of Appraisers International virtual conference, litigation in valuation was a hot topic discussed, including distinguishing between credibility and liability.

Read on to find out more.

The CoreLogic Loan Performance Insights report for August 2020 revealed interactive views of the company’s mortgage performance analysis through the month.

The measurement of the delinquency rates is key pertaining to analyzing the overall health of the mortgage market, CoreLogic stated in its report.

Read on to learn more.

Ellie Mae, along with ICE Mortgage Technology, launched   Encompass 20.2, which will include enhancements for lenders to boost productivity across lending and investing workflows.  Read on to learn more.

The National Association of Realtors (NAR) recently installed new leadership at the 2020 Realtors Conference & Expo. Read on to find out who will head NAR’s 2021 team.

CoreLogic released its latest CoreLogic HPI Forecast Validation Report that compares its 12-month CoreLogic Home Price Index (HPI) Forecasts to the actual CoreLogic HPI.

The report compares the changes in national and key metro-level forecasts made in June 2019 to the actual CoreLogic HPI, which includes data through June 2020, CoreLogic announced.

Read on to learn more.

The 10^th edition of the “Voice of the Appraiser” special report drew many responses for 2020. In recognition for their participation, selected appraisers were chosen to receive subscriptions to Valuation Review. Read on to find out this year’s winners.