News By Edition

At the 2019 Valuation Expo in Chicago, noted author Bethany McLean, who is also known for her work pertaining to the Enron scandal, addressed conference attendees as the keynote speaker.

McLean delivered a strong message as to where the market is now, and how that will affect appraisers.

Read on to find out what she shared with the audience.

Valuation Review attended the 2019 Valuation Expo in Chicago where Federal Housing Administration (FHA) Home Valuation Policy Division Director Cheryl Walker spoke.

Walker brought an FHA overview to the audience pertaining to appraisal quality and policy/system updates.

Read on to find out more of what Walker told conference attendees.

At its public meeting in Kansas City, Mo., the Appraisal Standards Board (ASB), an independent board of The Appraisal Foundation (TAF), adopted the final changes to Uniform Standards of Professional Appraisal Practice (USPAP) for the 2020-21 edition.

Valuation Review spoke with TAF Appraisal Issues Vice President John Brenan about that, and other matters pertaining to the document.

Read on to learn more.

Two organizations are joining forces to make a difference.

The Royal Institution of Chartered Surveyors (RICS) and the American Society of Appraisers (ASA) have agreed to work together to ease fragmentation in the global valuation industry.

Read on to find out more about this alliance.

Valuation Review was in attendance at this year’s Valuation Expo conference in Chicago.

Freddie Mac’s Scott Reuter, chief appraiser and director of valuation single family, along with Lyle Radke, director of collateral policy and strategy at Fannie Mae, gave the audience several key updates for appraisers.

Read on to find out what their presentations revealed.

LRES appointed Scott Spencer as its chief technology officer, where he will drive efficiencies by delivering technological applications, tools, and services that streamline and enhance the company’s current capabilities, the company announced. Read on to learn more.

The Appraisal Institute of Canada (AIC) said it welcomed The Canadian Security Administrators’ (CSA) approval and proposed amendments to Canada’s syndicated mortgage regime.

AIC said it was happy to see that the CSA will be implementing the requirement that issuers of syndicated mortgages must deliver on.

Read on to learn more about these requirements and what representatives from both organizations had to say.

HouseCanary announced the appointment of Niti Bashambu to the position of chief product officer. Read on to find what specific roles the new appointee will carry out and to hear from both the new hire and the organization.

The Mortgage Bankers Association (MBA) produced a whitepaper focusing on the state of automated valuation models (AVMs).

The whitepaper hopes to provide the industry, policymakers and regulators an update on their practicality and effectiveness in valuation.

Read on to learn more about this whitepaper, and what those in the valuation industry need to know when implementing such devices for assignments.

More updates from the Valuation Expo conference.

In Part II of Valuation Review’s story pertaining to the Freddie Mac and Fannie Mae presentation at the 2019 show in Chicago, additional topics were presented to the attendees including thoughts on appraiser forms, manufactured homes (MH) and portals.

Read on to learn more.

Valuation Review continues its conversation with The Appraisal Foundation Appraisal Issues Vice President John Brenan.

Brenan, who in Part II of this story, goes into detail how the Appraisal Standards Board is looking at certain definitions within the document.

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

BBG announces additional appointments.

The commercial company has appointed two appraisal professionals to its New York office.

Read on to find out the identities of these two new additions.

In Part II of Valuation Review’s feature, we continue to highlight the comments from noted author and marketing expert Bethany McLean.

The keynote speaker from the 2019 Valuation Expo in Chicago details more concepts about market stability, private capital, and just where the appraiser falls in to all of this.

Read on for the conclusion.

Valuation Review continues to look into the world of art appraisals, specifically, Chinese art where recently a school was duped into overpaying on a painting that wasn’t exactly appraised at its true value.

In Part II of this commercial feature, we hear from a pair of art experts who detail the great difficulty it is to assess value to art.

Read on for the conclusion.