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FFIEC planning to raise threshold on appraisals
Posted Date: Tuesday, March 21, 2017
Federal banking regulators announced that they are working on a plan to raise the threshold for requiring appraisals on commercial real estate loans to $400,000 from the current $250,000. In a report to Congress, the agencies also addressed raising the threshold on residential real estate loans. Read on for more details about the agencies' decision.
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CEO suggests appraisal industry comprised of ‘lone wolves’
Posted Date: Wednesday, March 22, 2017
Reasonable compensation, lender and AMC issues are constantly on the mind of the appraiser. Jonathan Miller, CEO and president of Miller Samuel Inc., contacted Valuation Review to share his thoughts on matters affecting the appraisal profession. Read on to find out what he told us.
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HUD: What to look for, how to handle ID theft
Posted Date: Wednesday, March 8, 2017
There has been a series of cases involving appraiser identity theft, according to a bulletin from the Office of the Inspector General at the U.S. Department of Housing and Urban Development. Read on to find out more and what necessary precautions appraisers can take.
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AI: Tax appeals document can be helpful
Posted Date: Wednesday, March 22, 2017
Homeowners considering a property tax appeal can make the process easier by preparing themselves with the proper documentation, according to a release from the Appraisal Institute. Read on to learn more.
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ASA executive discusses goals, benefits and new programs
Posted Date: Monday, March 27, 2017
The American Society of Appraisers’ Business Valuation Committee Chairman William Johnston outlined his visions for the organization in a video interview released by The American Society of Appraisers. Read on to learn more.
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VA Circular provides contract agreement to fee appraisers
Posted Date: Monday, March 20, 2017
The Department of Veteran Affairs recently issued documentation clarifying its policy requiring a copy of the sales agreement be provided to the fee appraiser by those requesting the department’s appraisal upon the assignment, according to a document from the Loan Guaranty Service Director. Read on to learn more.
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Former Platinum Data exec joins new company
Posted Date: Monday, March 20, 2017
National Credit-Reporting System Inc. announced a new member has joined NCS as senior vice president of business development. Read on to learn more about this assignment.
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New IAAO president named
Posted Date: Wednesday, March 22, 2017
Polk County (Iowa) Assessor Randy J. Ripperger has become president of the International Association of Assessing Officers. Read on to learn more about this new hire.
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Dart Appraisal grows panel
Posted Date: Wednesday, March 8, 2017
Dart Appraisal has grown its panel of appraisers in the state of Washington by 15 percent since October 2016. Read on to find out what’s behind this expansion.
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Global DMS hires industry veteran
Posted Date: Wednesday, March 8, 2017
Global DMS announced that Julie Bussey has joined the company as national accounts director. Read on to learn more about this hire.
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Commercial Corner: Lenders, real estate players involved in lawsuit
Posted Date: Wednesday, March 22, 2017
An eight-count suit involving lenders and real estate professionals, filed Jan. 30, alleges fraud, the aiding and abetting of fraud, unjust enrichment, racketeering and conspiracy. Read on to learn more about this case. The plaintiffs cite violations of federal and state laws for some of the counts.
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TARF looks at public transportation influence on housing values
Posted Date: Monday, March 20, 2017
What is the potential relationship between housing values and the proximity to public transportation? The Appraisers Research Foundation sought an answer to this question with findings provided by a college professor specializing in property management. Valuation Review reached out to this collegiate instructor for further insight on this topic. Read on to hear what we found out.
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Summit Valuations releases March market report
Posted Date: Wednesday, March 22, 2017
Summit Valuations’ March market report revealed an increase in mortgage interest rates and a declining inventory of homes available for sale. Read on for more information from this report.
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Peoples Company partners with AcreValue
Posted Date: Monday, March 20, 2017
Peoples Company announced it will partner with AcreValue to provide sound technology for agricultural properties. Read on to learn more.
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LoanLogics reveals action plan reporting in latest LoanHD release
Posted Date: Wednesday, March 15, 2017
LoanLogics announced the release of Version 2.13 of its LoanHD Loan Quality Management platform, which now enables lenders to create, monitor and report on the results of action plans required by Fannie Mae and Freddie Mac. Read on to learn more.
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Automation expert brings changes
Posted Date: Wednesday, April 19, 2017
InSellerate announced a new executive has joined the company as vice president of business development, bringing insight and efficiency to market awareness. Read on to learn more about this hire.
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Report shows less affordable homes
Posted Date: Wednesday, April 19, 2017
ATTOM Data Solutions released its Q1 2017 U.S. Home Affordability Index. Read on to learn more from this report.
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Focusing on specifics can improve report quality
Posted Date: Monday, April 17, 2017
The 2017 Valuation Expo in Orlando, Fla., brought panels of experts addressing ways to make appraising a better and more profitable career. Property Interlink’s Josh Walitt and Bradford Technologies’ Jeff Bradford discussed simple tools of the trade appraisers need to use daily. Part II of this story reveals more insight from the experts. Read on to find out what more they told us.
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By age, industry is top heavy, says chief appraiser
Posted Date: Monday, April 17, 2017
Wynetta Byers, a chief appraiser at LRES, talked to Valuation Review about the 2017 Fannie Mae Selling Guide Updates and the new opportunities appraisers have regarding the proper performance of property inspections. Part II of this story reveals our expert’s thoughts on education and training. Read on to find out what more she told us.
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Better use of data is key, industry vet says
Posted Date: Monday, April 10, 2017
The number of appraiser trainees will greatly impact the number of appraisers within the industry. The delegation of certain duties will allow the veteran appraiser to devote more time to assignments. In Part II, Valuation Review continued its conversation with Stewart Lender Services’ Frank O’Neill who shared his thoughts on this and other matters. Read on to hear what he had to say.
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Diligence company hires executive
Posted Date: Monday, April 10, 2017
Hilco Diligence Services announced that the company has hired a new executive director. Read on to learn the identity of this individual and what the hire means for the valuation industry.
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