News By Edition

Valuation Review talked with Josh Walitt, veteran appraiser and principal consultant of Walitt Solutions, based in Colorado.

Walitt shared his thoughts on how his business is meeting the demands of clients and responding to the many adaptations today.

Read on to find out more.

Valuation Review spoke with NewDay USA Chief Operating Officer Michael Oursler.

He broke down his business’ approach to change stemming from the pandemic, as well discussing a record-breaking year regarding originations.

Read on to learn more from our conversation.

Valuation Review gets more insight from veteran appraiser Dustin Harris (“The Appraiser Coach”).

Harris shared ideas from a recent podcast about inspecting properties and using comparable photos on assignments during the pandemic.

Read on to find out what Harris shared with us.

Valuation Review,pre-COVID-19, spoke with Nationwide Appraisal Network Chief Appraiser Cristy Conolly.

She talked about the pressures facing appraisers, as well as ways in which they can get creative in doing their work.

Read on to find out more of what Conolly told us.

Valuation Review spoke with Oregon appraiser John Emery, a 43-year veteran.

Emery said he was wary of drive-by, no interior inspection appraisals.

Read on to find out what he shared with us.

Mortgage technology provider SharperLending enhanced its Appraisal Firewall and Verisite real estate appraisal solutions to extend the value of health and safety to a broader audience. Read on for more information.

Global DMS has integrated its eTrac valuation management platform with ProxyPics, which is a patented, secure mobile app that provides a method of facilitating the delivery of photographs of a subject property when access to the property is unavailable. Read on to learn more.

Governmental and judicial entities’ expanded oversight of the real estate appraisal process makes it imperative that those involved in valuing easement-encumbered properties demonstrate their competence to the Internal Revenue Service and the courts, according to a book published by the Appraisal Institute under a licensing agreement with the Land Trust Alliance. Read on to learn more.

On April 14, the Federal Housing Administration (FHA) announced alternative documentation options and delayed documentation delivery deadlines in connection with HECM assignments. FHA also issued a temporary partial waiver, allowing mortgagees to offer a recalculated repayment plan for unpaid property charges to HECM borrowers. Read on to learn more.

United Country Real Estate revealed its newly enhanced platform for selling commercial real estate in mid-sized and smaller markets with UC Commercial Properties.  

The unique program is the only commercial program focused solely on commercial property in smaller cities.

Read on to learn more.

Black Knight, Inc. announced the launch of its new Daily Home Price Flash, featuring home price and other housing metrics that are updated each day for single-family residential real estate transactions in nearly all states and more than 200 top U.S. metros. Read on for more details about the release.

According to the latest Ellie Mae Millennial Tracker, refinance activity reached an all-time high in March 2020 for millennial borrowers as interest rates plummeted. Read on to learn more from the report.

The Credit Union National Association President and CEO Jim Nussle discussed how credit unions are serving members during the pandemic, and what the Federal Housing Finance Agency could do to help. Read on to learn more.

Apex launched Snapshot, a new photo capture tool that provides appraisers and lenders a virtual view of a property with the help of homeowners. Read on to learn more.

Several leading valuation organizations sent a letter to the Internal Revenue Service (IRS) and the Treasury Department.

The letter was in regards to a recent change affecting the way IRS reviews appraisals prior to imposing a civil money penalty for valuation misstatements under Section 6695A of the Internal Revenue Code.

Read on for more details and hear what the appraisal organizations had to say.

Valuation Review spoke with Brad Cable, who shared his thoughts on how lenders and mortgage insurers are handling appraisals during the COVID-19 pandemic.

He touched on procedures that allow homeowners to provide photos or virtual tours of their properties to complete modified full appraisals.

Read on to learn more of what Cable shared with us.

The Department of Housing and Urban Development’s (HUD) Office of Inspector General issued a COVID-19 bulletin for homeowners that revealed HUD has been monitoring what readily accessible information Federal Housing Administration mortgage servicers are providing to borrowers on their websites, but with a lack of clarity. Read on to learn more.

Kukun launched its next-generation Home Renovation Cost Estimator, the company announced in a release. Read on to learn more.

Appraisal management companies (AMCs) work hard in building positive relationships with its appraisers.

Some may not subscribe to that notion, but one AMC executive states her views as to why such is the case.

Read on to find out what was discussed.

CoreLogic’s Shawn Telford, senior leader of product management and development of collateral technology solutions, talked about some of the automated valuation solutions available to lenders.

Telford also talked about how they can help improve access to accurate, up-to-date valuations data.

Read on to find out more from this conversation with Valuation Review.

HouseCanary revealed its continued review of states for listing volume.

The numbers reflect results from before the current pandemic struck and the latest week available.

Read on to learn more.

Appraisal Logistics elected Steven Rouse, regional account manager for the Midwest, to the Board of the Mortgage Bankers Association of Missouri. Read on to learn more.

Most Williamson County homeowners saw a marginal uptick in their home appraisals as the county’s appraisal district mails out notices in April. Read on to learn more.