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May 18, 2020

Valuation Review Edition
May 18, 2020
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JLL panel discusses commercial market, forthcoming changes
Posted Date: Wednesday, April 29, 2020

Valuation Review spoke with a panel of executives from JLL, a commercial real estate and investment management services company.

They shared insight about where the economy was and where it may be going in the months that lie ahead.

Read on to find out what our panel of experts said, and how these new trends will be important for the appraisal profession.


California appraiser speaks to industry adaptations
Posted Date: Wednesday, April 29, 2020

Valuation Review spoke with Certified Residential Appraiser Ryan Lundquist, of Sacramento, Calif., about what he is seeing in his state.

From innovative methods from appraisers to the obvious market change, Lundquist covered many areas.

Read on to find out more of what the veteran appraiser shared with us.


Opportunity knocks on the door of adversity
Posted Date: Monday, April 27, 2020

Businesses all across the country have been more than challenged to keep its lines of communication open to customers in an effort to continuing quality service and assistance.

Valuation Review spoke with Irontrax founder, president and CEO Joseph Santora, who shared with us the different methods he and his staff are using to keep moving forward.

Read on to find out what we learned.


Clear Capital welcomes former TAF executive
Posted Date: Wednesday, April 22, 2020

Clear Capital has appointed industry veteran John Brenan to the position of chief appraiser. Read on for more details and find out who else has joined the company in a leadership role.


Executive discusses economic, mortgage industry impact
Posted Date: Wednesday, April 22, 2020

Valuation Review spoke with Churchill Mortgage Chief Financial Officer and Chief Operating Officer Matt Clarke, who detailed how COVID-19 is impacting and will impact the economy.

In particular, Clarke discussed what the mortgage industry could look like post-coronavirus, and how lenders can improve services moving forward.

Read on to find out what we were told.


Tech company CEO addresses his business challenges
Posted Date: Monday, May 4, 2020

Valuation Review spoke with Bradford Technologies president and CEO Jeff Bradford.

He discussed how his business is dealing with the many changes in the appraisal industry, as well as sharing with us more insight on his company’s new app to assist appraisers on the job.

Read on to learn more from our conversation.


CFPB announces valuation changes
Posted Date: Monday, May 4, 2020

The Consumer Financial Protection Bureau took steps to make it easier for consumers with urgent financial needs to obtain access to mortgage credit more quickly in the middle of the COVID-19 pandemic. Valuation rule changes applicable to appraisers were included. Read on to learn more.


Commercial, multifamily originations post record rise
Posted Date: Monday, April 27, 2020

Commercial and multifamily mortgage bankers closed a record $600.6 billion of loans in 2019, according to the Mortgage Bankers Association. Read on to learn more.


ACI has new valuation tool for remote inspections
Posted Date: Monday, April 20, 2020

ACI launched its tool OpenHouse, an innovative valuation technology that allows appraisers to remotely collect property information and integrate collected information directly into an appraisal report. Read on to learn more.


As technology moves forward, so will acceptance
Posted Date: Wednesday, May 13, 2020

Technology figures to be prominent regarding appraisals moving past the pandemic.

Josh Walitt, veteran appraiser and principal consultant of Walitt Solutions, based in Colorado, talks about that subject, as well as suggesting the “partnering” of appraisers for future assignments.

Read on to learn more.


Zillow: Home transactions to rebound by 2021
Posted Date: Wednesday, May 13, 2020

Buyer demand and healthy housing-market dynamics will prevent U.S. home prices from dropping more than 1.7 percent year-over-year in the wake of the coronavirus, according to a forecast released by Zillow. Read on to learn more from the report.


Appraisal company exec outlines safe work protocol
Posted Date: Monday, May 11, 2020

Valuation Review talked with Metro-West Appraisal Co. Chief Operating Officer Brandon Boudreau about what his company is doing during the national health emergency.

He also shared his thoughts on the adaptations made, and whether or not they came soon enough.

Read on to learn more.


ASB, Fannie Mae adds updates
Posted Date: Monday, May 11, 2020

The Appraisal Standards Board (ASB), through The Appraisal Foundation, issued new guidance for appraisers on limited appraisals and calculation engagements, plus clarity surrounding appraisal reports and restricted appraisal reports. Read on to learn more.


Inspections, fees and other future changes addressed
Posted Date: Monday, May 4, 2020

The COVID-19 pandemic will necessitate many changes within the appraisal profession in the days to come.

Valuation Review
learned about more of these changes from one industry veteran who stresses the willingness to adapt will be important for future business success.

Read on to learn more.


Knowledgeable investors key with commercial properties
Posted Date: Monday, May 4, 2020

Valuation Review examines what investors must know as it relates to specific properties.

Additionally, investors must stay current with mortgage obligations and other essential parts of the transaction.

Read on to learn more.


AIC continues its assist during tough times
Posted Date: Monday, May 4, 2020

The Canadian federal government, as well as provincial governments, have designated certain services and industries as being essential. One of these industries is financial services. The Appraisal Institute of Canada discusses this in more detail. Read on to learn more.


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