News By Edition

Valuation Review caught up with Appraisal Institute Government/External Relations Director Bill Garber to get his thoughts on demands exceeding supply concerns pertaining to valuation.

Garber was part of a recent webinar panel that addressed this topic.

Read on for more of the conversation.

In Valuation Review’s 2021 Voice of the Appraiser special report, appraisers and lenders shared their opinions regarding the overall status of the profession. The technology section of that report offered some interesting insights.

Dustin Harris' (“The Appraiser Coach”) blog post, “Knowing Your Why is the Key to Success,” is highlighted for this month’s Valuation Review installment.

Harris shares his thoughts with regards to reminding appraisers how important that word “why” will be to them.

Read on for more helpful tips.

Earlier, Valuation Review introduced its audience to the acquisition of National Condo Advisors by CondoTek.

We sat down with CondoTek co-founder Asher Kahn and Orest Tomaselli, president of the company’s Project Review Division, for more insight on this acquisition and the technology that looks to enhance the overall automation process.

Read on for more of the conversation.

Clear Capital recently announced it has signed a Memorandum of Understanding (MOU) with the National Society of Real Estate Appraisers (NSREA), a non-profit appraiser membership association, to partner on ways to accelerate diversity in the appraisal profession.

As part of the MOU, Clear Capital and NSREA agree to work together in many areas of this partnership.

Read on for more about this partnership.

JLL Valuation Advisory hired Dennis Firestone to join its rapidly expanding new Environmental and Property Condition (EPC) team.

Firestone will serve as a senior vice president for EPC Premier Client Accounts.

Read on to learn more.

CoreLogic recently announced the completion of its acquisition of all outstanding shares of ClosingCorp.

The acquisition expands the suite of digital solutions to enhance the homebuying experience for millions of homebuyers and sellers. 

Read on for more details.

In a new lender letter to all single-family sellers, Fannie Mae recently detailed the temporary requirements for condo and co-op projects. The condo and co-op project standards policies are designed to support the ongoing viability of condo and co-op projects in damaged areas.

CLARIFIRE, a workflow automation company, said its application has gone live with Resolve, Freddie Mac’s new integrated default management solution. Resolve offers B2B integration through application programming interface (API) technology to speed up loan workout option processing for servicers and provide faster mortgage assistance for borrowers.

The Appraisal Subcommittee (ASC) announced that ASC’s partner, the Council on Licensure, Enforcement and Regulation (CLEAR), a 41-year-old association that promotes regulatory excellence, has selected a consortium of organizations to perform a comprehensive legal and policy review of the USPAP and the Real Property Appraiser Qualification Criteria (Criteria). This is in conjunction with policies established by The Appraisal Foundation’s Appraisal Standards Board and the Appraiser Qualifications Board.

Cherry Creek Mortgage, a nationwide, full-service mortgage lender, today recently announced a promotion. Susan Vick has been moved up to   vice president of marketing, after serving as marketing director since joining the company in February 2020.

The National Association of Realtors Fair Housing Policy & Valuation Director Sehar Siddiqi spoke virtually on a webinar sponsored by Metro-West Appraisal.

The program dealt with some of the biggest factors affecting the real estate industry’s supply chain shortages resulting in the increase of materials adding thousands to the overall costs of new homes.

Valuation Review reached out to Siddiqi for insight on this topic, and others.

Global DMS, the leading provider of cloud-based real estate appraisal management software, announced its next-generation EVO platform is now voice-enabled, providing lenders access to key functionality and up to the minute information of their entire pipeline with Amazon’s Alexa voice control. This makes the EVO platform the first and only appraisal management software to provide this capability in the mortgage industry.

Valuation Review digital subscription winners have been chosen from the 2021 Voice of the Appraiser survey. Thank you to all the professionals who participated in this year’s report.