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Defining the term ‘valuation modernization’Monday, March 25, 2024 Valuation Review spoke with Jared Preisler, chief appraiser and director of product development at DataMaster, about the many facets of appraisal modernization.
From specifics to opportunities for appraisers, Preisler discussed it all, including where property data collectors fit in.
Read Part I of this exclusive feature. |
TAF names new president Monday, March 25, 2024 The Appraisal Foundation (TAF) Board of Trustees voted March 25 to appoint a new president of TAF.
She is the former superintendent of the Ohio Division of Real Estate & Professional Licensing, the chief regulator for Ohio’s appraisers.
Read on to learn the identity of the new TAF president. |
Zillow: Spring season expected to bring increase of sellersMonday, March 25, 2024 New inventory in the market is welcome news for buyers looking for their next home this spring.
It’s also more evidence that the effects of “rate lock” on homeowners are starting to weaken, according to the latest monthly report from Zillow.
Read on to learn more.
Regulators begin implementing Biden’s plan to lower housing costsMonday, March 25, 2024 As part of efforts revealed in connection with his State of the Union address, President Joe Biden announced his plan to lower housing costs, including lowering closing costs for refinances and mortgages. Regulators have already reacted to the plan. The Consumer Financial Protection Bureau is asking consumers for information about closing costs, including appraisal fees, which the bureau has labeled “junk fees.”
'Going concern' facts for appraisers to knowWednesday, March 20, 2024 Valuation Review spoke with Deane Wilson, managing partner for The Blackwell Group, who shared many facets related to going concern valuations.
Wilson also examined the facts and the misconceptions surrounding these types of properties.
Read on for the full conversation with Wilson.
TAF responds to CFPB director’s comments about foundationWednesday, March 20, 2024 Earlier this week, Consumer Financial Protection Bureau Director Rohit Chopra offered a submission to the Appraisal Subcommittee regarding oversight of The Appraisal Foundation (TAF).
Additionally, Chopra made critical comments about TAF and its position on appraisal bias. Valuation Review reached out to TAF for its response.
Read on to find out what was said by both the CFPB and TAF.
Mid-year rate cuts look increasingly likely to economistsWednesday, March 20, 2024 Timing is everything when it comes to the federal funds rate. Economists are increasingly confident that the first rate cut since 2020 could happen as flowers are blooming in the late spring and early summer. This aligns with what Mortgage Bankers Association Chief Economist Michael Fratantoni suggested during October Research’s 2024 Economic Forecast webinar in January.
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