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Expert panel dives into highest and best use
Posted Date: Wednesday, November 28, 2018
There are many decisions that go into the determining of highest and best use properties and the decisions appraisers must make. There needs to be a clear understanding as to what is the best way to go about appraising such properties.
Valuation Review reached out to a panel of experts who shared their knowledge pertaining to the eight-part analysis of highest and best use.
Read on to find out what they shared with us.
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Allterra names appraiser as COO
Posted Date: Monday, November 26, 2018
Allterra Group, LLC, has appointed a new chief operating officer. Read on to find out who the new executive is and what duties he will bring to the position.
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CoreLogic, Columbia Institute trainee class graduates
Posted Date: Monday, November 26, 2018
CoreLogic and The Columbia Institute (TCI) announced the completion of their first class from a new appraiser trainee program earlier this month. The goal of TCI’s appraiser trainee program is to increase the number of qualified and tech-savvy appraisers in the U.S. Read on to learn more about this program.
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AI announces online education in New York
Posted Date: Wednesday, November 28, 2018
The Appraisal Institute (AI) announced it has all online qualifying education approved in New York. New York previously did not allow for online qualifying education but AI now offers all trainee, residential and general qualifying education courses online for the state’s appraisers. Read on to learn more.
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BBG names director
Posted Date: Wednesday, November 28, 2018
One commercial company's executive list continues to grow.
Commercial appraisal company BBG announced the appointment of a new director.
Read on to find out the identity of this new hire and what it means for the company moving forward.
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Regulators look to raise residential threshold to $400,000
Posted Date: Wednesday, November 28, 2018
Federal banking regulators issued a notice of proposed rulemaking to raise the threshold for residential real estate transactions requiring an appraisal to $400,000.
Valuation Review details the facts behind the proposal and industry reaction.
Read on to find out what we were told.
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AI: Timing key for winterizing homes
Posted Date: Monday, December 10, 2018
The Appraisal Institute (AI) has some ideas for homeowners concerning winterizing homes.
How should you prepare your home for winter, and have you reached out to your Realtor or lending partners? When should you begin the process?
Read on to find out what AI had to say about these matters.
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Radian acquires valuation solutions company
Posted Date: Wednesday, December 5, 2018
A major move was made in the purchasing of a valuation company.
Radian Group Inc. announced it has acquired Independent Settlement Services, saying it is an acquisition consistent with Radian’s growth and diversification strategy.
Read on to learn more about this merger.
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Mortgage Network names new loan officer
Posted Date: Wednesday, November 28, 2018
Mortgage Network Inc. announced the company has appointed a new executive in its Newport News, Va. branch. Read on to learn the identity of this individual and how the appointment moves the company forward.
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FCT launches new appraisal solution
Posted Date: Monday, December 10, 2018
FCT announced the launch of Flex Appraisal, a new solution that will streamline real estate lending by providing a more efficient and cost-effective way to complete property appraisals in Canada. Read on to learn more.
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Appraisal expert joins Monmouth Real Estate board
Posted Date: Wednesday, October 3, 2018
The Board of Directors of Monmouth Real Estate Investment Corp. announced it added a Class II director, increasing the number of its directors from 12 to 13. Read on to find out who got the appointment and how it will affect the real estate company.
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LoanLogics platform selected to monitor volume
Posted Date: Monday, December 10, 2018
LoanLogics announced that PenFed has selected the company’s LoanHD platform to accelerate loan quality reviews and loan file deliveries to investors. Read on to learn more.
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FHFA announces 2019 multifamily lending caps for Fannie, Freddie
Posted Date: Wednesday, November 28, 2018
The Federal Housing Finance Agency announced that the 2019 multifamily lending caps for Fannie Mae and Freddie Mac will be $35 billion for each, unchanged from 2018. Read on to obtain more information about these lending caps.
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Fed proposes new supervisory approach for large banks
Posted Date: Wednesday, December 5, 2018
The Federal Reserve issued its proposed framework for applying enhanced prudential standards to banking firms with $100 billion or more in assets, as required by S. 2155, the regulatory reform law. Read on to learn more.
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Company reveals appraisers’ predicted technology usage
Posted Date: Monday, November 19, 2018
Computershare Loan Services recently conducted a survey that spoke to what appraisers believe will be their overall interest in utilizing technology in the future.
Valuation Review spoke with Jim Smith, president of Property Solutions (part of the Computershare Group), for additional insight and commentary as to how technology is changing and will continue to change the appraisal profession.
Read on to learn more and find out what other leading figures in the industry had to say about appraisers accepting new ways to better their businesses.
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Commission seeking improvement from agencies-Part II
Posted Date: Wednesday, December 19, 2018
Valuation Review continues its conversation with Kay Hricik, commission staff member and project manager for The Sunset Advisory Commission.
Hricik shared more information as to how, the Commission seeks to improve the role of agencies, including the Texas Appraiser Licensing and Certification Board.
Read Part II of this story to find out more.
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Have regulators forgotten what happened in 2008, ASA asks-Part II
Posted Date: Wednesday, December 19, 2018
Valuation Review continues to examine the proposal by federal regulators to raise the threshold for residential real estate transactions requiring an appraisal to $400,000.
What more are appraisal organizations saying?
Read on to find out.
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Freddie expects modest housing growth in 2019
Posted Date: Wednesday, December 19, 2018
According to Freddie Mac’s November Forecast, the biggest unknown about the housing market in 2019 is whether or not current negative trends, such as a lack of housing supply, will persist or if the market will adjust to the shock of higher mortgage rates and resume modest growth. Read on to learn more from this report.
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ALS executive elected president
Posted Date: Wednesday, December 19, 2018
Appraisal Logistics announced someone new will be assuming a leadership position on the boards of two industry trade associations. Read on to find out who has been assigned a key executive position within the company.
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Hondros education group announces acquisition
Posted Date: Wednesday, December 19, 2018
Arizona School of Real Estate & Business announced that it has acquired Hogan School of Real Estate (Hogan), in a partnership that will further unify real estate, mortgage and appraisal education in Arizona. Read on to learn more about this educational partnership in real estate.
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Bifurcated appraisals: Splitting of appraisal process is good-Part II
Posted Date: Monday, December 17, 2018
The debate continues on whether or not bifurcated (hybrid) appraisals should be considered an acceptable method for making value determinations.
In Part II, Valuation Review continues its conversation with Jim Contino, a regional chief appraiser with Mueller Reports, who answers more of our questions on this topic.
Read on to learn more.
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Accurate documentation key in the appraisal process, expert says – Part II
Posted Date: Wednesday, December 12, 2018
Organization and accurate organization can go a long way towards making an appraiser’s job so much easier. The establishment of appraisal management programs can also assist the appraiser when trying to meet the needs of all parties concerned.
In Part II, Valuation Review sought more insight on this topic from Property Interlink Compliance Manager Joshua Walitt.
Read the conclusion to hear more of what he told us.
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BBG appoints Tampa office director
Posted Date: Wednesday, December 12, 2018
BBG appointed Jason Schultz as director for the firm’s Tampa office.
Schultz is a former executive from Colliers International.
Read on to learn more.
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Millennial homebuyers facing rising interest rates, Ellie says
Posted Date: Wednesday, December 12, 2018
Millennial homebuyers continued to close purchase loans in September, despite interest rates rising to the highest point in the year, according to the latest Ellie Mae Millennial Tracker. Read on to learn more from the report.
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