|
Judge grants 90-day stay in Louisiana-FTC case
Posted Date: Wednesday, August 2, 2017
The battle between the Federal Trade Commission and the Louisiana Real Estate Appraisers Board continues. A chief administrative law judge now has granted the board’s request to stay its case as the board makes changes to its customary and reasonable fee rules. Read on for the latest details surrounding this complicated, yet important, case for appraisers and AMCs.
|
|
|
Business veteran offers efficiency guidance
Posted Date: Wednesday, July 26, 2017
Sometimes, it’s the little things that have a big impact on the ability to grow a successful business. The 2017 National Settlement Services Summit in San Antonio brought many industry veterans in to speak on how businesses can grow and move forward. One in particular gave tips on how to simply be more efficient in your daily duties to enhance that growth. Read on to find out more.
|
|
|
Experts discuss sustainability, green appraisals
Posted Date: Monday, August 7, 2017
At the 2017 International Valuation Conference, a panel discussed the what, why and how of appraising high performance or green buildings. Valuation Review reached out to experts Doug Leighton and Sandra Adomatis who shared their insights with us. Read on to find out more.
|
|
|
Forensic appraisal reviews can be crucial, misunderstood
Posted Date: Monday, August 7, 2017
Many in the valuation profession do not delve too much into the world of forensic appraisals, but perhaps they should. Valuation Review contacted one expert who addressed just what types of properties this particular area falls under, and how significant it is. Read on to find out what we were told.
|
|
|
Oregon establishes statute on liability
Posted Date: Wednesday, July 19, 2017
Oregon Gov. Kate Brown signed legislation that establishes a statute of limitations on civil actions against appraisers and appraisal firms over real estate appraisal activity. Valuation Review reached out to the Appraisal Institute for its reaction to this bill. Read on to learn what this means for the valuation industry.
|
|
|
Commercial Corner: Agencies issue proposal affecting commercial transactions
Posted Date: Wednesday, July 26, 2017
The Federal Reserve Board, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency issued a notice of proposed rulemaking raising the threshold for commercial real estate transactions requiring an appraisal to $400,000. Read on to learn more.
|
|
|
|
Summit report looks at uneven recovery
Posted Date: Wednesday, July 19, 2017
Summit Valuations released its July Residential Real Estate Market Overview based on the most current industry information available. This month’s report includes an analysis of housing price recovery by Summit Chief Valuation Officer Mark Melikian. Read on to learn more.
|
|
|
Fannie DU updates coming
Posted Date: Wednesday, July 19, 2017
During the weekend of July 29, Fannie Mae will implement Desktop Underwriter Version 10.1, which will include changes applying to new loan casefiles submitted. Read on to learn more.
|
|
|
Veros enhances valuation system
Posted Date: Monday, July 24, 2017
Veros Real Estate Solutions announced new enhancements to its VeroSELECT API giving clients direct connections to valuation tools. Read on to learn more.
|
|
|
Valuation Partners, LendingQB join forces
Posted Date: Wednesday, July 19, 2017
Valuation Partners announced its services have been integrated into LendingQB, enabling lenders to order, track and receive appraisal reports and communicate in real time. Read on to learn more.
|
|
|
|
|
CFPB issues statement in aftermath of Harvey
Posted Date: Monday, September 4, 2017
The Consumer Financial Protection Bureau (CFPB) encourages its supervised entities to work with consumers who may be at financial risk due to the major disaster caused by Hurricane Harvey, the CFPB announced in an advisory statement. What do appraisers need to be aware of? Read on for more details from the CFPB statement.
|
|
|
Report details gap on valuation
Posted Date: Monday, September 4, 2017
The gap between the opinion of value between homeowners and appraisers still offers different interpretations of what residents think their property is worth.
In July, home owners expected more than appraiser estimates, according to a Quicken Loans’ National Home Price Perception Index (HPPI).
What else does this monthly report show regarding home purchases and value?
|
|
|
Appraisal QPM is a plus for the industry
Posted Date: Monday, September 4, 2017
Valuation Review talked to Nationwide Appraisal Network Chief Business Development Officer Joni Pilgrim along with executives from Theoris Software and ACT Appraisal about the business of selecting AMCs and appraisers for overall and maximum efficiency.
A new technology was created for one purpose: get the right appraiser for the job.
In Part II of this feature, the panelists demonstrate how this method will truly benefit the appraisal profession.
|
|
|
Docutech, Veri-Tax streamline Day 1 Certainty for lenders
Posted Date: Monday, September 4, 2017
Docutech and Veri-Tax have expanded their integrated services to enable lenders to easily obtain the tax transcripts needed to enroll in Fannie Mae's Desktop Underwriter. Read on for more details.
|
|
|
Clarocity announces new chief appraiser
Posted Date: Monday, September 4, 2017
Clarocity Corporation recently announced Bill Waltenbaugh is taking on the role of chief appraiser at Clarocity Valuation Services. Read on to learn more.
|
|
|
Morningstar confirms ServiceLink ranking
Posted Date: Monday, September 4, 2017
Morningstar Credit Ratings, LLC confirmed its MOR RV1 residential vendor ranking for ServiceLink Valuation Solutions, LLC. Read on for more details.
|
|
|
|
FHA announces training sessions
Posted Date: Wednesday, August 30, 2017
The Federal Housing Administration has announced training sessions in Nevada and Illinois. Read on for more details and to register for these sessions.
|
|
|
Public confused about fees, appraiser says
Posted Date: Monday, August 28, 2017
In Part II, Valuation Review continues its conversation with Kentucky and Tennessee appraiser Bryan S. Reynolds, who speaks to the misconceptions surrounding appraiser fees and trainees. Read on to find out what he said.
|
|
|
Webinar: Appraisers benefit from trainees
Posted Date: Monday, August 28, 2017
Valuation Review hosted a special live-event where experts discussed the advantages of training the next generation of appraisers. Read on for a brief recap of what the audience heard and find out how you can order your copy of the 60-minute program.
|
|
|
LoanLogics reveals new HMDA audit tool
Posted Date: Monday, August 28, 2017
LoanLogics introduced HMDA Audit, a new module for the company's LoanHD Loan Quality Management platform. Read on for more details.
|
|
|
New GSE tools to improve mortgage underwriting
Posted Date: Wednesday, August 23, 2017
New methods of managing and verifying data are helping Fannie Mae and Freddie Mac change the mortgage underwriting process, according to Fitch Ratings. Read on to learn more from this report.
|
|
|
Commercial Corner: Appraiser errors common with big box stores
Posted Date: Wednesday, August 23, 2017
As retailers look to stay competitive with ecommerce, appraisers need to be aware of the changes that are involved in the retailing process. In Part II of this feature, Valuation Review spoke with two industry veterans who addressed how these changes affect the valuation of retail properties and what the appraiser needs to know. Read on to learn more about what they told us.
|
|
|
Ten-X is bought out by equity marketing firm
Posted Date: Wednesday, August 23, 2017
Ten-X, LLC and Thomas H. Lee Partners, L.P. announced that they have signed a definitive agreement under which affiliates of THL will lead a majority recapitalization of Ten-X. Read on to find out more about this acquisition.
|
|
|
CoreLogic adds Clareity’s security solutions
Posted Date: Monday, August 21, 2017
CoreLogic announced that the company has added Clareity’s security solutions to its suite of Real Estate Solutions products. Read on for more details about this merger.
|
|
|
Reviewer's first concerns, per USPAP
Posted Date: Wednesday, August 16, 2017
Appraisers are more than familiar with the guidelines surrounding the Uniform Standard of Professional Appraisal Practice and Standard 3. Is there clarity, though, regarding Advisory Opinion 20? At the 2017 International Valuation Conference in Ottawa, Ontario, veteran appraiser Lisa Kimbro discussed this matter. In Part II of this story, Kimbro elaborates further on such issues. Read on to find out more.
|
|
|
Are standards actually guiding appraisers?
Posted Date: Wednesday, August 16, 2017
The notion of too many and perceived competing rules, policies and standards for the appraiser to follow, and the clarity of such doctrines, remains a hot topic for discussion. Whether or not there are too many rules may depend on whom one talks to in the industry. In Part II of this feature, Valuation Review reached out to veteran appraisers Robert B. Morrison (Morrison Valuation and Forensic Services, LLC) and Tony Pistilli (Pacific Union) for their thoughts on this topic and a few others of importance to appraisers. Read on to find out what they told us.
|
|
|
|
KeyStoneB2B announces new optimization tools
Posted Date: Wednesday, August 16, 2017
KeyStoneB2B announced new optimization tools for mortgage lenders to manage transactions with financial services providers and borrowers. Read on to learn more.
|
|
|
New learning guide showcases marketing methods
Posted Date: Wednesday, August 16, 2017
The newly released “Digital Resource Guide to Real Estate Marketing Strategies” produced by OnCourse Learning Real Estate provides tactics and strategies agents can use to engage with current, past and new clients. Read on to learn more.
|
|
|
ARMCO appoints new tech officer
Posted Date: Wednesday, August 16, 2017
ACES Risk Management announced that it has hired a new chief technology officer. Read on to learn the identity of this new hire.
|
|
|
|
CoreLogic integrates Fannie Mae’s Day 1 Certainty
Posted Date: Monday, August 14, 2017
CoreLogic’s integration of its 4506-T income verification product with Fannie Mae’s Desktop Underwriter platform will be completed this month. Read on for more details.
|
|
|
CEO confidence declined in Q2 2017
Posted Date: Monday, August 14, 2017
The Conference Board Measure of CEO Confidence declined in the second quarter of 2017 with the Measure now reading at 61 points, down from 68 points in the first quarter. Read on to learn more from this report.
|
|
|
Spring months showed millennials competing in market
Posted Date: Wednesday, July 12, 2017
As the traditional home buying season kicked off, sellers held the upper-hand as low housing inventory drove competition among homebuyers, including millennials, according to the Ellie Mae Millennial Tracker. Read on to learn more from this report.
|
|