|
News By Edition
|
Valuation Review Edition
May 29, 2023
|
|
Educator says appraisers play crucial role in economy
Posted Date: Monday, May 15, 2023
At the 2023 National Association of Appraisers/Appraiser’s Conference & Trade Show in Sacramento, Calif., Kevin Hecht, McKissock, LLC/Colibri Group educator, appraisal training/development manager and real estate economist, spelled out the 2023 economy outlook.
Valuation Review caught up with Hecht at the conference afterwards for more real estate economics news.
Read on for Part I of this exclusive on-location conference story.
|
|
|
‘No need to panic,’ appraisal panel says, but adaptation is necessary
Posted Date: Wednesday, May 17, 2023
Snippet: At the 2023 National Association of Appraisers/Appraiser’s Conference & Trade Show in Sacramento, Calif., Valuation Review sat in on the session titled “Don’t Panic: Adapting to a Changing Appraisal World-Fresh Ideas.”
A veteran panel shared perspectives on valuation challenges from the appraiser, lender and AMC points of view.
Read on for the full conference story.
|
|
|
Appraising farmland is proving very ‘valuable’
Posted Date: Monday, May 15, 2023
Valuing farmland is a subject matter not often highlighted in news publications.
Sydni Nicolici, BBG’s director of agricultural appraisals in the Pacific Northwest, reached out to Valuation Review to share her thoughts in her article, “Valuing A Growing Real Estate Market: U.S. Farmland.”
Read on to learn what Nicolici shared about this aspect of appraising.
|
|
|
Sedgwick acquires auto appraisal firm
Posted Date: Monday, May 8, 2023
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, announced it has acquired Appraisal Service of Mississippi (ASM), Inc.
ASM is an auto and property appraisal services firm. Through this addition, Sedgwick further expands its premier auto, specialty and property claims solutions and talent network.
Read on to learn more about this acquisition.
|
|
|
Clear Capital expands relationship with CoreLogic
Posted Date: Wednesday, May 10, 2023
Clear Capital recently announced it expanded its relationship with CoreLogic to assist lenders in modern valuation and appraisal readiness. Clear Capital’s recently launched Universal Data Collection product is now available to be ordered and fulfilled through CoreLogic’s suite of valuation workflow solutions.
|
|
|
Veteran appraiser joins AI company as valuations GM
Posted Date: Monday, May 8, 2023
Restb.ai, a global firm specializing in computer vision and artificial intelligence solutions for the real estate industry, recently announced its new general manager of valuations.
|
|
|
|
Heritage Global Valuations appoints new director
Posted Date: Wednesday, May 10, 2023
Heritage Global Valuations, a division of Heritage Global Inc. specializing in the valuation of commercial and industrial assets, recently appointed a new director. He has over 30 years of experience in appraising industrial machinery and equipment.
|
|
|
Wells Fargo settles California case pertaining to commercial appraiser independent contractors
Posted Date: Wednesday, May 10, 2023
Valuation Review shares the legal expertise of attorney Peter Christensen, owner of Christensen Law-Valuation Legal, regarding a 2020 case that has recently settled involving a California certified general appraiser filing a lawsuit against Wells Fargo in state court.
The suit was filed under a special section of the California Labor Code called the Private Attorneys General Act (PAGA).
Read on for Christensen's insight regarding this case.
|
|
|
|
Fannie Mae updates Equitable Housing Finance Plan
Posted Date: Wednesday, May 10, 2023
Fannie Mae updated its Equitable Housing Finance Plan (EHFP) for this year. Katrina Jones, vice president of racial equity, strategy, and impact, said the changes would help to reduce or remove barriers to sustainable homeownership for those historically excluded from the housing finance system.
|
|
|
CubiCasa announces floor plan collaboration
Posted Date: Wednesday, May 17, 2023
CubiCasa recently announced a collaboration with Bright MLS to offer CubiCasa’s floor plan creation app to Bright subscribers. The collaboration will expand the use of floor plans on listings within the Bright MLS ecosystem.
|
|
|
An update on MLS data technology from company CEO
Posted Date: Monday, May 22, 2023
Valuation Review spoke with REdistribute acting CEO Amy Gorce about the company’s launching of a real estate data base enhancing the MLS process.
MLS photos are vital to the appraisal transaction, and Gorce goes through several steps in the process.
Read on for the full conversation with the company executive.
|
|
|
Clear Capital, ValueLink partner
Posted Date: Wednesday, May 31, 2023
Clear Capital recently announced an expansion of its partnership with ValueLink, a valuation management platform, to increase support for appraisal modernization policy changes.
ValueLink customers now have access to Clear Capital’s proprietary Universal Data Collection.
Read on for more details regarding this partnership.
|
|
|
Economist shares forecast on webinar
Posted Date: Wednesday, May 31, 2023
A new installment of October Research’s Economic Forecast webinar series welcomes international real estate expert Dr. Ted C. Jones, who delved into numerous topics affecting the title industry, housing and the mortgage market.
|
|
|
Leadership skills from business, athletic world serve this executive well
Posted Date: Wednesday, May 24, 2023
Attendees at the 19th annual National Settlement Services Summit (NS3) in St. Louis, Mo., June 6-8, will hear important business tips necessary for success from Ed Molitor.
Molitor is the founder and CEO of The Molitor Group, who will appear on center stage as a keynote speaker.
Read on for a preview of his talk, and learn how you can still register to attend NS3.
|
|
|
Zillow: Housing market firmly in sellers' favor
Posted Date: Wednesday, May 24, 2023
The housing market has tilted firmly back in favor of sellers, as steady demand met scarce inventory to drive up home values, according to the latest market report from Zillow.
New listings declined in April, leaving buyers with few options.
Read on for the full analysis from this report.
|
|
|
Reggora launches appraisal fulfillment solution
Posted Date: Wednesday, May 24, 2023
Reggora recently launched its appraisal fulfillment solution, The Appraisal Marketplace. The new solution makes getting an appraisal done as easy as ordering an Uber ride, according to Reggora’s CEO.
|
|
|
CoreLogic: March U.S. annual home price numbers drop to lowest mark
Posted Date: Monday, May 22, 2023
CoreLogic recently released its Home Price Index (HPI) and HPI Forecast for March revealing low numbers.
However, CoreLogic forecasts show annual U.S. home price gains moving to 4.6 percent by March 2024.
Read on for all of the numbers.
|
|
|
Freddie Mac’s Loan Collateral Advisor to alert appraisers to ill-advised language
Posted Date: Monday, May 22, 2023
Effective June 29, Freddie Mac’s Loan Collateral Advisor will include new feedback messages to alert users when certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports submitted through the Uniform Collateral Data Portal. This insight is intended to help users identify potential issues and to assist in compliance with Freddie Mac Single-Family Seller/Servicer Guide requirements.
|
|
|
Veros names new team member
Posted Date: Monday, May 22, 2023
In support of Veros Real Estate Solutions’ goal to strengthen brand awareness and further penetrate the financial services and real estate markets by offering enterprise risk management and property valuation services, the company has announced a key hire.
|
|
|
HUD allocates affordable housing funds
Posted Date: Monday, May 22, 2023
Recently, the U.S. Department of Housing and Urban Development allocated $382 million through the nation’s Housing Trust Fund (HTF). The HTF is an affordable housing production program that complements existing federal, state and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including families experiencing homelessness.
|
|
|
|