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Will the archaic way of doing things sink the appraisal profession?
Posted Date: Monday, July 16, 2018
Valuation Review spoke with veteran appraiser and noted author George Dell, owner of Valuemetrics, a risk and values-based education company, who has specific thoughts and theories as to why the appraisal profession may not be long for this world.
However, people can choose, Dell says, to look towards the future over a green valley of great opportunity.
Read on to find out more of what Dell told us.
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Director discusses compliance in the valuation space
Posted Date: Wednesday, July 18, 2018
How can one establish compliance?
Valuation Review spoke with Validox Client Services Director Ryan Sedgwick about how to create a more efficient and compliant atmosphere within the industry.
Read on to find out what we were told.
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Ohio governor signs AMC regulation legislation
Posted Date: Monday, July 9, 2018
On June 14, Ohio Governor John Kasich signed Sub. HB 213, the AMC regulation bill. As a requirement of Dodd-Frank, states are required to have regulation of AMCs in place by Aug. 10, 2018. In states that fail to pass regulation legislation, lenders will no longer be permitted to use AMCs for federally related loans. Read on to learn more.
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AMC recruits national sales manager
Posted Date: Wednesday, July 18, 2018
There is another hiring within the commercial appraisal arena.
Appraisal Logistics announced that the company has hired Michael Matz to serve as the company’s national director of sales.
Read on to learn more about this hire.
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ASA announces 2018-2019 election results
Posted Date: Tuesday, July 3, 2018
The American Society of Appraisers announced the results of its 2018-19 elections for the new International Officers, Board of Governors and Discipline Committee Officers and Members At-Large. Read on to learn the names of those appointed.
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Valuation Partners providing mortgage appraisal assistance
Posted Date: Monday, July 9, 2018
The market is heating up with the home buying season in full swing. This time of the year also sees a rise in demand to coordinate mortgage appraisals, which can be time-consuming and frustrating to everyone involved.
One company is hoping to ease the pain a bit for appraisers with a new innovation. Valuation Review reached out to the company's CEO for additional information.
Read on to find out what we were told.
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AI releases ‘Green’ addendum guide
Posted Date: Monday, July 9, 2018
There is more information available to appraisers.
The Appraisal Institute released a guide to complete and use the organization’s “Residential Green and Energy Efficient Addendum.”
Read on to learn more.
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AIC elects new president, board
Posted Date: Wednesday, July 18, 2018
The Appraisal Institute of Canada has elected Peter McLean, of Peterborough, Ontario, as the organization’s national president for 2018-19. Read on to learn more about the newly elected official and others recognized by the institute.
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ASA offering litigation, IQ skill enhancements
Posted Date: Monday, July 23, 2018
The American Society of Appraisers has released two professional development offerings pertaining to a one-day webinar titled “Raise Your Appraiser IQ” to air Aug. 22 and a two-day in-person course titled “Attacking and Defending an Appraisal in Litigation” to be held Aug. 24-25 in Dulles, Va., and Oct. 5-6 in Anaheim, Calif. Read on to learn more.
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Another FHA appraisal training course announced
Posted Date: Monday, July 23, 2018
The Federal Housing Administration will conduct a free appraisal training course in Oregon on Aug. 9. Read on to learn more details and find out how to register.
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Leadership drama to end as English will resign
Posted Date: Friday, July 6, 2018
Leandra English, the embattled deputy director of the Consumer Financial Protection Bureau, has announced she is stepping down from her position at the bureau and will be dropping her lawsuit against President Donald Trump and acting director Mick Mulvaney, effective at the beginning of next week. In a statement released by her attorney on Twitter, English thanked the CFPB’s "dedicated career civil servants for your important work on behalf of consumers.”
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Owner, appraiser opinions on value closest since 2015
Posted Date: Wednesday, July 25, 2018
The gap is narrowing.
Appraisal values and what homeowners expected them to be are at their closest point since February 2015, according to the National Quicken Loans Home Price Perception Index.
Read on to learn more from this report.
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Mortgage Network opens South Carolina office
Posted Date: Monday, July 9, 2018
Mortgage Network Inc. opened a new branch office in Bluffton, S.C. The new office joins the company’s other Southeast branches located in Hilton Head Island, Columbia and Mt. Pleasant, S.C. and Charlotte, N.C. Read on to learn more.
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Freddie: Mortgage rates back on the rise
Posted Date: Wednesday, June 27, 2018
Freddie Mac released the results of its Primary Mortgage Market Survey showing that after declining for two straight weeks, mortgage rates reversed direction this week and rose to their second highest level this year. Read on to learn more from this report.
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Staying legal with drone technology
Posted Date: Monday, July 16, 2018
Are appraisers legally compliant when using drones?
Valuation Review reached out to a drone and aviation lawyer who outlined what appraisers can and cannot legally do when it comes to using drones in their assignments.
Read on to find out what we were told.
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More insight into the world of agricultural appraising
Posted Date: Wednesday, August 8, 2018
Is agricultural work a good option for appraisers?
Valuation Review continues its conversation with appraiser Jeff Berg, who speaks to the upside of determining value in agriculture.
Read Part II of this story to find out more.
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Experts address the preservation of data
Posted Date: Wednesday, August 8, 2018
At the 2018 National Settlement Services Summit (NS3) in Detroit, panelists addressed how title agents, the keepers of critical data “gold,” can best use those numbers to acquire market share and business.
The title agent is at the center of the closing transaction and captures critical data elements that lenders need to meet for compliance.
Read on to learn more about this session.
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ASA offering appraisal courses
Posted Date: Wednesday, August 8, 2018
The American Society of Appraisers is offering two upcoming introductory personal property appraisal courses titled “Introduction to Personal Property” to be held Sept. 13-16 in Boston and “Introduction to Appraising Fine Arts” to be held Sept. 15-16 in Purchase, N.Y. Read on to learn more.
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FHA appraisal training session announced
Posted Date: Wednesday, August 8, 2018
The Federal Housing Administration (FHA) will conduct a free appraisal training session in Utah on Aug. 22. The session will be from 8:30 a.m. to 12 p.m. Mountain Time in the Utah State Library for the Blind, the FHA announced. Read on to learn more and find out how to register for the session.
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Integration adds leading compliance to platform
Posted Date: Wednesday, August 8, 2018
Mortgage Cadence has integrated ComplianceAnalyzer with the Enterprise Lending Center, Mortgage Cadence's proprietary loan-origination platform. Read on to learn what this means for clients and regulators.
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Ellie report finds credit scores ‘all over the map’
Posted Date: Wednesday, August 1, 2018
The average millennial borrower credit score on closed loans varied greatly from city-to-city in May, according to the latest Ellie Mae Millennial Tracker. Read on to learn more from this report.
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Data reveals best, worst cities for first-time buyers
Posted Date: Monday, July 30, 2018
Wallet-Hub, a personal financial website, reveals where the best and worst cities are located regarding home purchases for first-time buyers.
Valuation Review reached out to a Wallet-Hub analyst for more details and insight as to how these numbers are tabulated.
Read on to learn more.
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FHA appraisal training session announced
Posted Date: Monday, July 30, 2018
The Federal Housing Administration (FHA) will conduct a free appraisal training session in Texas on Aug. 16. The session will be from 8:30 a.m. to 4 p.m. Central time in the Hipolito Garcia Federal Building, the FHA announced. Read on to learn more and find out how to register for the session.
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StoneHill expands lender services
Posted Date: Wednesday, July 25, 2018
The StoneHill Group is expanding its mortgage lender support services to help more mortgage companies, banks and credit unions operate with greater cost-efficiency in an increasingly challenging environment. Read on to learn more.
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AI ready to welcome appraisers to Nashville
Posted Date: Monday, July 23, 2018
The 2018 Appraisal Institute conference takes place July 29-Aug. 1 at the JW Marriott Hotel in Nashville, Tenn.
Appraisers will gather again for this annual event, which took place in Canada last year, to further enhance their knowledge and be introduced to innovative ways to grow their businesses.
Valuation Review will be in attendance covering this year’s conference. Read on for a brief summary.
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Legal advice for those implementing drones
Posted Date: Monday, July 23, 2018
Valuation Review continues its conversation with drone and aviation attorney Abigail Roberts.
The legal expert outlines more specifics as to what appraisers can and cannot legally do when it comes to the utilization of drones in their assignments.
Read Part II of this story to learn more.
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