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EAD mandate begins, were all lenders ready?
Posted Date: Wednesday, July 6, 2016
As of June 27, the Federal Housing Administration officially required all new origination appraisals to go through its Electronic Appraisal Delivery (EAD) portal. Although this will bring consistency to appraisal reviews for lenders, at the onset, the mandate is surrounded by confusion, one chief appraiser told Valuation Review. Read on to find out more.
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AQB changes appraisal jurisdiction requirements
Posted Date: Wednesday, July 6, 2016
Supervisory appraisers and trainee appraisers will have new jurisdiction requirements that affect their work, after the Appraiser Qualifications Board (AQB) passed new rules at its public meeting last month. The AQB also heard feedback from its first exposure draft of proposed changes to appraiser qualification criteria. Read on for all the details.
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TAF, IVSC release ‘Standards Bridge’ document
Posted Date: Monday, July 11, 2016
The International Valuation Standards Council and The Appraisal Foundation announce the release of a new standards document titled, “A Bridge from USPAP to IVS.” Read on to learn more about how the organizations have worked to harmonize global valuation standards.
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Delaware governor signs appraisal amendment law
Posted Date: Wednesday, July 13, 2016
Delaware Gov. Jack Markell recently signed legislation that amends the appraisal statute under the state’s General Corporation Law. Read on to learn more about this legislation.
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TARF reexamining price appreciation
Posted Date: Wednesday, June 29, 2016
The Appraisers Research Foundation is measuring price appreciation in residential housing. It remains a critical topic for real estate appraisers. The most popular method has been the use of repeat sales with a type of regression without much attention devoted to the assumptions and restrictions on the selection of the data. Read on to learn more about this research.
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AI book examines valuing ‘damaged’ properties
Posted Date: Monday, July 11, 2016
Real estate appraisers analyzing property with detrimental or damaged conditions need to use the proper tools in assessing such property. The Appraisal Institute has a book available for those seeking such guidance. Read on for more details.
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FHA appraisal training session announced
Posted Date: Monday, July 11, 2016
A second in-person Federal Housing Administration training course has been added in New Orleans this month. Read on for all of the important information and registration requirements.
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Florida lake property valuations up 7 percent
Posted Date: Wednesday, June 29, 2016
New homes under construction in the Trilogy subdivision in Groveland (Fla.) last year helped increase countywide property valuations this year. Read on to learn more.
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Board of Trustee elections, APB appointments
Posted Date: Wednesday, June 29, 2016
The Appraisal Foundation is pleased to announce the following elections and appointments to the Board of Trustees and Appraisal Practices Board, respectively. Read on to learn the identity of these newly-appointed officials.
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Valuation firm announces new director
Posted Date: Monday, July 11, 2016
VMG Health announces a new managing director within the Business Valuation Division who will be leading the company’s newly formed Denver office. Read on to learn more.
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Baton Rouge section attracting commercial property
Posted Date: Wednesday, July 6, 2016
A section of downtown Baton Rouge straddles one of the most dangerous parts of the city and one of the wealthiest. Why is this area drawing interest from businesses and commercial property owners? Read on to learn more.
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ValVets moves into federal arena
Posted Date: Wednesday, July 13, 2016
ValVets announced that it had made a strategic move into the government contract arena, five years after the launch of the company. Read on to learn more.
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LRES names new VP
Posted Date: Wednesday, July 13, 2016
LRES has announced a new vice president of national sales. Read on to learn the identity of this individual and hear what the company CEO revealed to Valuation Review.
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Bill limiting timeframe for appraisal complaints approaching
Posted Date: Wednesday, June 29, 2016
House Bill 580, that would have limited the amount of time that can elapse before a real estate appraiser is sued for an error, failed in the Louisiana House of Representatives earlier this year. Read on to learn more about this proposal and its effect on appraisers.
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Accurate Group adds new director
Posted Date: Wednesday, June 29, 2016
Accurate Group announced that it has hired an experienced banking executive to drive further revenue growth in real estate valuation products. Read on to learn the identity of this new hire.
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Report: Housing markets less affordable than normal
Posted Date: Monday, July 11, 2016
RealtyTrac released its Q2 2016 Home Affordability Index, which shows that 18 percent of U.S. county housing markets were less affordable than their historically normal levels. Read on to learn what else the report reveals.
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Summit releases market overview report
Posted Date: Wednesday, July 6, 2016
Summit Valuations, LLC, announced the release of its latest Residential Real Estate Market Overview that collected information during April 2016. Read on to learn more of the report’s findings.
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Appraisers dispute full housing recovery
Posted Date: Wednesday, July 6, 2016
Appraisers are suggesting that homes in Orange County in California still aren’t worth what they were at the peak of last decade’s buying frenzy, even as national reports say the market has fully returned to its boom values. Read on to learn more.
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USRES completes integration with Mercury
Posted Date: Monday, July 11, 2016
U.S. Real Estate Services, Inc. announced its latest business and technology alignment. Through its valuation platform, the company has fully integrated with the Mercury Network. Read on to learn more.
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Desktop Underwriter update rescheduled
Posted Date: Wednesday, July 6, 2016
Fannie Mae announces a rescheduled date for the implementation of its Desktop Underwriter Version 10.0. Read on for all of the details.
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Destroyed property waiting on HUD funds
Posted Date: Wednesday, July 13, 2016
A Texas building destroyed by fire is still waiting for Housing and Urban Development funds to redevelop the property nearly two years after the fire. Read on to learn more about the project.
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