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April 29, 2024

Valuation Review Edition
April 29, 2024
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More insight on seniors housing
Posted Date: Monday, April 15, 2024

Valuation Review caught up with Zach Bowyer, executive managing director at Cushman & Wakefield, who gave an overview of the seniors housing picture based on the company’s recent investor survey and trends report.

Bowyer shared the ways he sees seniors housing property market fundamentals continuing to improve.

Read on to learn more.


TAF’s Bunton shares his thoughts on retirement
Posted Date: Wednesday, April 10, 2024

The Appraisal Foundation (TAF) President David Bunton recently announced his retirement.

Valuation Review
sat down with Bunton for the opportunity to “walk down memory lane,” where Bunton shared his thoughts as to what he is most proud of during his tenure as TAF president, as well as what he sees for himself in the next chapter of his life.

Read on to find out what Bunton shared with us.


Dart Appraisal supports Fannie Mae program
Posted Date: Monday, April 15, 2024

Dart Appraisal, an independent AMC, recently announced the company joined a small number of AMCs capable of fulfilling Fannie Mae property data collection orders for lenders.


Attorney highlights litigation risks in commercial real estate, valuation
Posted Date: Wednesday, April 3, 2024

Valuation Review sat down with Joseph Cioffi, an attorney with the New York-based firm of Davis+Gilbert, LLP.

Cioffi addressed how adverse market conditions and lower valuations open the door to legal risks.

Read Part I of this exclusive feature.


What to consider when valuing commercial solar panel buildings
Posted Date: Wednesday, April 10, 2024

The use of solar panels on commercial buildings is on the rise.

JLL examined commercial landlords seeking to boost solar panel coverage, and how the valuation approach must adapt.

Read on for more insight into commercial solar valuation.


Couple settles in home appraisal bias case against lender
Posted Date: Monday, April 15, 2024

A Black couple who claimed mortgage lender loanDepot denied a refinancing of their mortgage because it relied upon a racially biased, considerably low appraisal of their Baltimore home, recently agreed to a legal settlement.

The lender vows to change how it handles complaints of racially biased appraisals.

Read on for the details surrounding this case.


Redfin: First-time homebuyers need $76,000 income
Posted Date: Monday, April 15, 2024

Homebuyers must earn $75,849 annually to afford the typical U.S. starter home as of February, up 8.2 percent ($5,767) from a year earlier, according to a new report from Redfin.


Freddie Mac, ICE collaborate for lenders
Posted Date: Wednesday, April 10, 2024

Freddie Mac and Intercontinental Exchange, Inc. recently announced they’re working together to bring greater loan quality to the mortgage origination process so lenders can effectively serve more borrowers while reducing risk. The collaboration will leverage both companies’ automation technologies and solutions to help lenders underwrite mortgage loans starting at the point of sale.


ICE alignment with Lennar Mortgage solidifies technology integration
Posted Date: Monday, April 8, 2024

Intercontinental Exchange, Inc. recently announced that Lennar Mortgage will move its servicing operations onto the ICE MSP loan servicing system.

Already a longtime user of ICE’s Encompass digital lending platform, Lennar will see greater efficiencies and compliance support from the integration, ICE stated.

Read on for ore details.


Technology partnership announced
Posted Date: Monday, April 29, 2024

Lender Compliance Technologies, a compliance solutions firm for managing finance and insurance product refunds, recently announced a new partnership with AKUVO, a technology organization that specializes in collections and credit risk.


LIVE: Valuation Review joins appraisers in the ‘Rocky Mountain’ state
Posted Date: Monday, April 22, 2024

Valuation Review has arrived in Colorado Springs to attend the 2024 National Association of Appraisers/Appraiser's Conference & Trade Show (ACTS) conference at Colorado’s Hilton Double Tree Hotel, April 22-23.

We look forward to sharing the many sessions and activities at this year’s ACTS event.

Read on for a brief conference preview.


CoreLogic: LPI shows delinquency rates steady
Posted Date: Monday, April 22, 2024

As was the case for most of 2023, U.S. mortgage delinquency and foreclosure rates remained near an all-time low in January, according to the CoreLogic Loan Performance Insight report.

A thriving job market is helping many homeowners pay their mortgages on time.

Read on for more from this analysis.


NAN welcomes veteran appraiser to the team
Posted Date: Monday, April 22, 2024

Nationwide Appraisal Network (NAN) (Oldsmar, Fla.) recently announced the appointment of a new chief appraiser, according to a post from NAN. He has more than 30 years of experience in the property valuation profession.


FHFA welcomes new staff member
Posted Date: Monday, April 22, 2024

Recently, the Federal Housing Finance Agency (FHFA) announced the appointment of a chief artificial intelligence officer. She will continue her role leading the FHFA Office of Financial Technology.


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