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News By Edition
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Valuation Review Edition
May 3, 2021
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‘Strange, unusual properties’ seem to find us, veteran appraiser says
Posted Date: Monday, April 19, 2021
Valuation Review had a follow-up conversation with 50-year veteran appraiser Alexander “Sandy” Grice.
He relayed more stories about his extensive career, more unusual properties to find a way to determine value for, and what he has always liked about appraising.
Read on for more.
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Appraisal waivers examined at length
Posted Date: Wednesday, April 14, 2021
CoreLogic Valuations Principal George Paquette and Chief Appraiser Shawn Telford sat down with Valuation Review to give a better understanding of appraisal waivers.
Is it a case of the lesser the complex assignment, the more one can get a waiver?
Read on for the answer to that question, and others from our experts.
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Diversity, declining numbers still raise concerns
Posted Date: Monday, April 19, 2021
There is no question that bias and diversity remain a focus within the appraisal profession, as is the declining number of appraisers.
Valuation Review recently discussed these matters and others with Appraisal Institute (AI) President Rodman Schley.
Read on for more of our follow-up conversation with the AI president.
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Pandemic increased need for education, training
Posted Date: Wednesday, April 21, 2021
Valuation Review spoke with American Society of Appraisers CEO Johnnie White to get some answers and insight about some pressing needs in the industry today, such as increased education and training to deal with adjustments needed as a result of COVID-19.
White outlined his goals as the profession moves past the pandemic.
Read on to find out what he told us.
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Company CEO advises seeking mentors during pandemic
Posted Date: Monday, April 26, 2021
Usana Health Sciences CEO Kevin Guest reached out to Valuation Review to discuss the importance of identifying a mentor for perspective and guidance during these difficult times pertaining to the pandemic.
Mentoring has been noted as key in appraising, and Guest shares that notion.
Read on for more of what he had to say.
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Voxtur finalizes Anow acquisition
Posted Date: Wednesday, April 21, 2021
Voxtur Analytics Corp. has closed its deal to acquire Appraisers Now, Ltd.
Total consideration for the acquisition was approximately $30.5 million.
Read on for more information.
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Nations Lending adds new California branch
Posted Date: Monday, April 19, 2021
Nations Lending increased the size of its California footprint with a new branch in Walnut Creek. The branch will be led by Brian Paris, who comes to Nations from BluPrint Home Loans, a residential mortgage lender headquartered in Encinitas, Calif. Read on to learn more.
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Hilco Commercial Industrial hires managing director
Posted Date: Monday, April 19, 2021
Thomas Greco, CEO of Hilco Commercial Industrial, announced Michelle Moreno has recently joined the Hilco’s corporate finance team as managing director. Read on to learn more.
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Nations Lending expands
Posted Date: Monday, April 5, 2021
Nations Lending announced an addition to its Colorado footprint with a branch opening in Boulder. Read on for more details.
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Zillow: Opportunity, emotion, trends behind home moves
Posted Date: Monday, April 19, 2021
The pandemic brought changes that have caused more people to rethink their residencies, according to the 2021 Zillow Movers Report.
People are more likely to move now with the constant changing real estate industry helping homeowners overcome emotional and logistical obstacles that can get in the way.
Read on for more from Zillow.
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Mortgage Connect appoints executive
Posted Date: Wednesday, March 24, 2021
Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors, servicers and GSEs, recently appointed capital markets veteran Brian Frye executive vice president, servicing and capital markets strategy. Read on for more about this appointment.
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Fannie: Housing sentiment jumps
Posted Date: Wednesday, April 14, 2021
The Fannie Mae Home Purchase Sentiment Index (HPSI) increased in March by 5.2 points to 81.7. Four of the HPSI’s six components increased month-over-month, including the components related to homebuying and homeselling conditions, household income, and home prices. Read on to learn more.
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National lender hires former Wells Fargo executive
Posted Date: Wednesday, April 14, 2021
Embrace Home Loans named Jason Will as the senior vice president of market growth, a newly created role at the company, according to a press release. Read on for more information about this new hire and position.
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Donegal Insurance Group selects CoreLogic workflow
Posted Date: Wednesday, March 17, 2021
Donegal Insurance Group, a family of property and casualty insurance companies, has selected CoreLogic as its technology provider.
The move should help power and streamline property claims operations and help improve the policyholder experience.
Read on to learn more.
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The states with highest real estate, vehicle property taxes
Posted Date: Wednesday, March 10, 2021
Each year, the average American household spends $2,471 on real estate property taxes plus another $442 for residents of the 27 states with vehicle property taxes. The personal finance website WalletHub revealed the states with the highest taxes in both categories. Read on to find out more.
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Best states for raising families
Posted Date: Wednesday, January 20, 2021
As everyone looks toward a more calming environment and a hopeful slowing down of pandemic difficulties, families will be eager to relocate. But where are the better states to settle down in? WalletHub, the personal-finance website, released its 2021’ Best and Worst States to Raise a Family report. Read on to find out where the hot spots are.
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GLA, automated sketch technology a game changer for appraisers
Posted Date: Monday, April 26, 2021
What will automated sketch and digital GLA technologies unlock for appraisers?
Valuation Review went back to Clear Capital’s Innovation Labs Executive Vice President Jeff Allen, who addressed that question, and others in a follow up conversation.
Read on to learn all that Allen shared with us.
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CoreLogic: National delinquency rate lowest in 12 months
Posted Date: Wednesday, April 28, 2021
The CoreLogic Loan Performance Insights report indicates the national delinquency rate is the lowest since the start of the pandemic.
Where do the numbers come in this month?
Read on for more and hear comments from CoreLogic executives.
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Drone experts outline specifics during webinar
Posted Date: Wednesday, April 28, 2021
Drone usage continues to be a topic that appraisers just can’t seem to get enough of.
In the October Research, LLC webinar “Drones: Do’s and Don’ts,” hosted by Valuation Review, panelists Scott Anderson, a commercial real estate appraiser working for the United States Department of Agriculture - Farm Services Agency, and Vic Moss, who is the chief operating officer and vice-president of Drone Service Providers Alliance (DSPA), provided many tips concerning utilizing drones for appraisal assignments.
Read on for a brief recap of the program and find out how you can obtain your copy.
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AppraisalWorks announces integration
Posted Date: Wednesday, April 28, 2021
AppraisalWorks announced that its platform is now available through ICE Mortgage Technology. Read on to learn more.
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Cherry Creek Mortgage appoints executive
Posted Date: Wednesday, April 28, 2021
Cherry Creek Mortgage appointed Dave Sale to the position of vice president of vendor management, the company announced. Read on to learn more.
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Veros: Home prices to increase by first quarter of 2022
Posted Date: Monday, April 26, 2021
Veros Real Estate Solutions released its Q1 2021 VeroFORECASTSM data that predicts home price appreciation will increase significantly during the next 12 months in the 100 most-populated markets.
Veros’ data science predicts home value based on analysis of the fundamentals and interrelationships of numerous economic, social and geographic variables as they pertain to home value.
Read on to learn more.
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Nations Lending continues to build its team
Posted Date: Monday, April 26, 2021
Nations Lending continued to add to its leadership team with the recent hiring of Randy Koerner, who will play a direct role in building sales as well as supporting the company’s branch development and sales growth. Read on to learn more.
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Ritchie Bros. collaborating with Rouse Appraisal Services
Posted Date: Monday, April 26, 2021
For decades, both Ritchie Bros. and Rouse Appraisal Services have been serving the equipment and truck industries with their respective appraisal businesses. With Ritchie Bros.’ acquisition of Rouse last year, the company has now combined these two appraisal businesses into one team with hands-on equipment experience, knowledge, and data. Read on to learn more.
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JLL Valuation Advisory adds service line, key hire
Posted Date: Wednesday, April 21, 2021
JLL Valuation Advisory recently hired Jeff Manas to head its new environmental and property condition service.
The move was made in order to provide an end-to-end solution for clients and create a unified, best-in-class resource for third-party due diligence reports in the U.S., the company announced in a release.
Read on to learn more.
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Mortgage company names vice president
Posted Date: Wednesday, April 21, 2021
Cherry Creek Mortgage, a nationwide, full-service mortgage lender, announced that Sheridan Whipple has been promoted to vice president of business analysis. Read on to learn more.
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Report: Single-family home property taxes up year-over-year
Posted Date: Wednesday, April 21, 2021
ATTOM Data Solutions’ property tax analysis of around 87 million single-family homes around the country showed that $323 billion in property taxes were levied on single-family homes in 2020, up 5.4 percent from $306.4 billion in 2019. Read on to learn more.
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