News By Edition

Studies continue to show the commercial real estate (CRE) appraisal business is a graying industry.

Most CRE appraisers within the space are appraisal veterans who have been in the industry for decades and are apathetic toward new technologies, according to one company executive. Valuation Review spoke with Valcre founder and CEO Lucas Rotter, who explains this notion, and other business mindsets from our conversation.

Read on to learn more.

After a very long and difficult year dealing with COVID-19, the news that vaccines are now available has brought hope for many individuals, as well as a rise in economy confidence.

Valuation Review spoke to a panel of commercial real estate experts from the JLL Seniors Housing Valuation Advisory team regarding the notion that buyers and sellers may be seeing things differently now.

Read on to learn more.

Commercial real estate firm BBG CEO Chris Roach spoke to Valuation Review about a main focus within the company that is important for appraisers.

In his article, “CRE Due Diligence: The Benefits of Bundling Third-Party Reports,” Roach outlined key principles surrounding that focus.

Read on to find out more of what he had to say.

Veros Real Estate Solutions announced that Sarah Acosta has joined the company as vice president, product and data operations. Read on to learn more.

The share of mortgage lenders expecting profit margins to decline in the months ahead increased for the second consecutive quarter.

There is an even greater share of lenders now expecting profit margins to decrease in the months ahead, according to Fannie Mae’s Q1 2021 Mortgage Lender Sentiment Survey.

Read on to learn more from the survey.

Pretium, a specialized investment management company focused on real estate, mortgage finance and corporate credit, announced John Keratsis will succeed Matt Nichols as president and CEO of its Deephaven mortgage platform. Read on to learn more.

The year 2021 is off to a fast start for AppraisalVision as the company begins its hiring spree for mortgage and appraisal professionals to keep up with their increasing number of client implementations. Read on for more information.

The Credit Union National Association (CUNA) recently submitted two comment letters to the Federal Housing Finance Agency, one dealing with Fannie and Freddie’s appraisal policies and the other pertaining to the GSE’s housing goals. Read on for more comments from CUNA on these appraisal matters.

The Federal Housing Administration (FHA) recently announced extensions of a set of policy flexibilities for single-family lenders and servicers, part of its effort to maintain new mortgage originations for homebuyers and allow 203(k)-funded rehabilitation projects to continue, even throughout the COVID-19 pandemic. Read on to learn more.

Fannie Mae has appointed Simon Johnson and Christopher Brummer to its board of directors. Read on to learn more about these new additions.

The Appraisal Foundation sent out an announcement on Feb.  19 declaring the Appraisal Standards Board decided the current edition of the Uniform Standards of Professional Appraisal Practice will be extended by one year. The American Society of Appraisers posted an announcement on its website to clarify matters for appraisers. Read on to learn more.

The JLL Valuation Advisory group promoted Erik Hill to national practice leader of healthcare, where he will help lead the growth of the firm’s healthcare valuation advisory business throughout the U.S., the company announced. Read on to learn more. 

Metro-West Appraisal Co., LLC reached a settlement in the company’s civil complaint against Sun Point Appraisals, Inc. and its’ principal, Paul Johnson. Read on to learn more about the agreement.

The COVID-19 vaccine is likely to add more buyers and sellers to an already hot real estate market, according to a survey from Zillow.

The survey found a large majority (70 percent) of homeowners saying they would be comfortable moving to a new home after widespread COVID-19 vaccine distribution.

Read on for more survey numbers from Zillow.

The Data and Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, based upon the company’s mortgage, real estate and public records datasets.

The January report looks back on 2020 origination volumes as well as at rate lock data from Black Knight’s Secondary Marketing Technologies division to get a sense of how the market is faring as rates begin to rise.

Read on to learn more.

The CoreLogic Loan Performance Insights report features an interactive view of the company’s mortgage performance analysis through December 2020.

The report found a slight rise in the percentage from November regarding the national delinquency rate.

Read on to learn more.

The Mortgage Industry Standards Maintenance Organization recently said it is seeking public comment on its Commercial Appraisal Dataset, according to an announcement from the Mortgage Bankers Association. Read on to learn more.

Technology and software development company RAADR, Inc.  reached a settlement agreement with Typenex Co- Investment, LLC., the company announced. Read on to learn more.

Now more than ever, appraisers need to take full advantage of technology opportunities within the industry.

Valuation Review gets more thoughts from a company who speaks to those advantages for the commercial appraiser.

Read on for more.

CoreLogic released its Home Price Index and HPI Forecast for January 2021.

CoreLogic President and CEO Frank Martel noted record-low mortgage rates as significant.

Read on to learn more.

Valuation Review sought more information from the Class Valuation team regarding the need for additional policies and controls to balance potential risks with efficiency benefits from appraisal modernization.

The quality of data appraisers receive is still a concern.

Read on for more insight from this AMC.