News By Edition

One year ago, Valuation Review decided to get a first-hand look at a typical day in the life of an appraiser. A visit to the office and then physically inspecting properties, we brought to our readers a unique perspective regarding what all goes into the job.

Now, of course with COVID-19, we cannot actually meet with someone and enter the home, so just like many appraisers, we adapted and looked at how appraisers are spending the time in their home offices to get the assignments completed with a virtual platform.

Read on to find out who we “Zoomed” in on to share their new working environment methods.

Valuation Review spoke with Realquantum Chief Financial Officer Tim Keller, who outlined why cap rates are critical to the appraisal process.

Keller discussed how cap rate studies provide customers with ways to diversify their businesses.

Read on to learn more.

The Federal Housing Finance Agency recently issued a request for input (RFI) on appraisal-related policies, practices, and processes. Valuation Review spoke with Mann & Associates appraiser Karen Mann, who discussed specific details on what impact the RFI will have concerning assurances policies are on track for profession improvement moving forward. Read on to find out more.

The Appraisal Foundation (TAF) President David Bunton recently outlined specific areas in which he expects the appraisal profession to prosper under President Joe Biden’s administration. 

Bunton shared his thoughts with Valuation Review.

Read on for more of what the TAF president had to say.

The Federal Housing Finance Agency (FHFA) said Fannie Mae and Freddie Mac will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until Feb. 28. Read on to learn more.

Nations Lending has selected a strategic growth vice president. Read on to find out who accepted this company position.

Clear Capital has expanded its data science and product teams with two senior-level hires, the company announced in a release. Read on to find out the names of the new hires.

Fannie Mae announced that Ryan Zanin is joining the company as its executive vice president and chief risk officer, which became effective February 1. Read on to find out more about the new Fannie Mae team member.

The Federal Housing Finance Agency (FHFA) said Clinton Jones has started as the agency’s new general counsel. Jones succeeds Alfred Pollard, who is retiring from the agency at the end of March after a distinguished financial services career, the FHFA announced in a release. Read on to learn more.  

Cherry Creek Mortgage has promoted Tara Healy to chief compliance officer, the company announced. Read on to find out more.

Freedom Mortgage had a record year and continued giving back to the community in 2020, despite facing challenges associated with the COVID-19 pandemic, the company announced in a release. Read on to learn more.

Veros Real Estate Solutions recently released its Q4-2020 VeroFORECASTSM data that anticipates home price appreciation will increase significantly during the next 12 months in the 100 most-populated markets.

The overall average forecast is 5.9 percent by Q4 2021.

Read on for more of the report’s numbers.

Reggora has successfully completed its $30 million Series B funding round led by returning investor Spark Capital. Read on to learn more.

In a recent blog post by Dustin Harris (“The Appraiser Coach”) titled “Delegation Without Embezzlement,” he addressed the importance of delegating authority because the more appraisers engage in delegation, the more time appraisers will have for other things.

But what are the financial pitfalls to that?

Read on for Harris’ answer to that question.

CoreLogic has agreed to a definitive merger under which funds managed by Stone Point Capital and Insight Partners will acquire all outstanding shares of CoreLogic for $80 per share in cash, the company announced.

The company said the deal represents an equity value of approximately $6 billion and a premium of 51 percent to CoreLogic’s unaffected share price on June 25, 2020.

Read on to learn more.

According to Data Facts, there are some considerations appraisers may want to think about when it comes to outsourcing appraisals to an appraisal management company (AMC).

The decision on deciding which AMC to use may not be an easy one.

Read on for more from the Data Facts.

Mortgage technology provider SharperLending Solutions has partnered with Integra Software Systems to integrate the Appraisal Firewall web-based real estate appraisal software with Integra’s loan origination system, the companies announced in a release. Read on to learn more.

The Federal Housing Administration (FHA) issued a series of “waivers of provisions” as part of its Single-Family Housing Policy Handbook 4000.1, which will allow important mortgage servicing activities to continue “in a manner that allows for safe social distancing,”.  Read on for more from the FHA.

Hometown Lenders has started 2021 off with another major acquisition. Read on for the details.

SitusAMC has acquired a provider of mortgage and title knowledge process outsourcing and information technology outsourcing solutions, the company announced. Exact financial terms of SitusAMC’s acquisition of Assimilate Solutions, LLC were not disclosed. Read on for more details.

LoanLogics has launched new software that analyzes HMDA data for compliance with mortgage industry regulations and identifies loans needing manual exception review. Read on to learn more.