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  More marketing trends, demands for first-time homebuyersMonday, January 24, 2022 Valuation Review concludes its conversation with CoreLogic Valuation Production Leader Kevin Hecht from the 2021 Appraisal Summit in Las Vegas.
Hecht continues to show the numbers surrounding the laws of demand pertaining to what first-time homebuyers must deal with, and other marketing trends to keep an eye on in 2022.
Read on for the conclusion of this story. |
 Fannie Mae report examines differences in Black and white appraisals Monday, January 24, 2022 Fannie Mae, as part of its ongoing commitment to helping all homeowners receive a fair and impartial appraisal, recently published a research report looking at appraisal values of homes owned by Black and white borrowers in refinance transactions titled “Appraising the Appraisal.”
Appraisal Institute President Pledger (Jody) Bishop reached out to Valuation Review for his comments on this report.
Read on to learn more. |
 StoicLane acquires Brentwood Property AppraisalMonday, January 24, 2022 StoicLane, a long-term growth platform, recently announced it completed the acquisition of Brentwood Property Appraisal.
Brentwood is an AMC focused on the high-end residential market in California, New York, New Jersey, D.C., and Florida.
Read on for more details of this transaction. |
 CoreLogic: Delinquency numbers for October decreasedMonday, January 24, 2022 The CoreLogic Loan Performance Insights (LPI) report through October 2021 has been released.
The LPI analysis showed 3.8 percent of mortgages were delinquent by at least 30 days including those in foreclosure.
Read on to learn more.
FHFA raising high balance, second-home loan feesMonday, January 24, 2022 The Federal Housing Finance Agency recently announced targeted increases to Fannie Mae and Freddie Mac’s upfront fees for certain high balance loans and second-home loans. High balance loans are mortgages originated in certain designated areas above the baseline conforming loan limit.
Embrace Home Loans expands Boston branch Monday, January 24, 2022 Embrace Home Loans recently named Meredith Spence branch manager of its new Boston/Seaport District office. Spence will be responsible for staffing the new office and expanding Embrace Home Loans’ business in the Greater Boston area while continuing to write loans.
Home supply hits new low in NovemberMonday, January 24, 2022 The seasonally adjusted number of homes for sale fell 18 percent year-over-year in November to an all-time low, according to a Redfin report. That sent the median home sale price up 15 percent, to $383,100.
‘A lot going on in the economy,’ and for the appraiser, industry vet saysWednesday, January 19, 2022 At the 2021 Appraisal Summit in Las Vegas, Valuation Review spoke with CoreLogic Valuation Production Leader Kevin Hecht who addressed some of the economic fallout from the pandemic.
Hecht gave an in-depth analysis of market trends, and how those affect appraisers moving forward.
Read on for more economic information and predictions.
 Diving into data, faster processes await CREWednesday, January 19, 2022 Valuation Review concludes its conversation with Valcre co-founder/Vice President of Client Experience Grant Norling.
More technology is in store for the appraiser in 2022, and the commercial evaluator will have plenty of opportunities to explore these resources.
Read on to learn more from the commercial company executive.
 Appraisal Logistics CEO assumes MMBBA presidencyWednesday, January 19, 2022 Appraisal Logistics recently announced its president, Frank Danna, will serve as president of the Maryland Mortgage Bankers and Brokers Association for 2022.
Danna is a long-time member of the organization and has served in various capacities through the years, but this is first time serving as president.
Read on to learn more.
GAO: Residential appraisals need waiver procedures more clearly definedWednesday, January 19, 2022 Automated tools to assess home values are becoming more common. Still, federally regulated banks and credit unions obtain appraisals from state-credentialed appraisers for most home loans to protect themselves and borrowers, according to the Government Accountability Office.
Arizona appraisal rules amendedWednesday, January 19, 2022 On Dec. 17, 2021, the Arizona Department of Insurance and Financial Institutions, Real Estate Appraisal Division opened a rulemaking docket and published a Notice of Proposed Rulemaking in the Arizona Administrative Register (27 A.A.R. 2923; 27 A.A.R. 2891). This proposed rulemaking amends the appraisal rules found in A.A.C. R4-46-101 through R4-46-601.
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