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Freddie Mac talks appraisal safety
Posted Date: Friday, May 22, 2020
Valuation Review caught up with Scott Reuter, chief appraiser and director of valuation for Freddie Mac.
Reuter discussed the flexibilities established for appraisers during the pandemic, as well as what challenges he sees in the next few months.
Read on to learn more.
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CoreLogic exec discusses virtual appraisal acceptance
Posted Date: Monday, May 18, 2020
Valuation Review spoke with Shawn Telford, senior leader of product management and development of collateral technology solutions at CoreLogic.
Telford discussed what he sees for the appraisal industry, and technology, as well as new alternatives being introduced to the profession.
Read on to find out more of what he had to say.
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Appraisal challenges for convenience
Posted Date: Wednesday, May 27, 2020
Valuation Review caught up with North by Northwest Consulting President and CEO Anthony Alderman.
The appraiser discussed what goes into convenience store appraising and how it is different from the typical residential and commercial assignment.
Read on to learn more.
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Global DMS offers compliance guarantee
Posted Date: Wednesday, May 27, 2020
Global DMS has launched a new compliance guarantee program for those that utilize its EVO appraisal management platform. The program covers all fines in the event that a client is found out of compliance, but is using the software’s Best Practice Configuration, the company announced. Read on to learn more.
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AI: Appraisers reminded about landscaping impact
Posted Date: Friday, May 22, 2020
The Appraisal Institute (AI) is reminding appraisers they should advise homeowners that improving their property’s landscaping can result in a significant return on investment when selling the home, according to a post on the AI website. Read on to learn more.
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Mortgage broker talks about the changing process
Posted Date: Wednesday, May 27, 2020
Valuation Review spoke with Richard Pisnoy, a co-founder and principal at mortgage broker Silver Fin Capital.
Pisnoy talked about the marked increase in mortgage waivers since the coronavirus began spreading.
Read on to find out more.
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Office building sector transformed
Posted Date: Monday, June 1, 2020
A commercial firm has news for employees.
After spending weeks at home in a lockdown, office workers will find it’s not business as usual when they return to their jobs, according to BBG.
Read on to learn more.
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United States Appraisals launches Valuguard home inspection tool
Posted Date: Monday, June 1, 2020
United States Appraisals launched the Valuguard Home Inspection, a mobile application that enables independent appraisers and property data collectors to remotely work with homeowners to provide essential property images and data. Read on to learn more.
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Mortgage lender settles FCA whistleblower complaint
Posted Date: Monday, June 1, 2020
The Department of Justice announced that a large residential mortgage lender has agreed to pay $15 million to settle a recently unsealed whistleblower complaint alleging violations of the False Claims Act. Read on to learn more.
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HouseCanary sees contract volume exceeding pre-pandemic
Posted Date: Monday, June 1, 2020
HouseCanary’s latest Market Pulse found that nationwide, new listing volume was down 24.4 percent nationwide.
This compared with the week ending March 13, when most COVID-19 measures were implemented.
Read on to learn more.
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Lender funds $20.8 million multifamily refinance
Posted Date: Monday, June 1, 2020
Hunt Real Estate Capital provided a $20.8 million refinancing through the FHA 223(a)(7) loan program for Rio Vista Apartments, an affordable multifamily property located in San Ysidro, Calif. Read on to learn more.
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CoreLogic report examines mortgage performance
Posted Date: Wednesday, May 27, 2020
CoreLogic’s latest Loan Performance Insights are revealed.
This report found that through February, delinquency and foreclosure rates were near historical lows.
Read on to learn more.
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In the pandemic era, top staycation sites revealed
Posted Date: Wednesday, May 27, 2020
With travel and tourism industries greatly affected by COVID-19 with restrictions forcing travelers to potentially stay home this summer, the personal-finance website WalletHub released its report on 2020’s best and worst cities for staycations. Read on to find out where these locations are.
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Ellie Mae: Older millennials behind refinance surge
Posted Date: Monday, April 13, 2020
According to the latest Ellie Mae Millennial Tracker, refinance activity among millennials surged in February as interest rates dropped to near-record lows. Read on to learn more.
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Black Knight introduces cloud-based inspection tool
Posted Date: Wednesday, May 27, 2020
Black Knight, Inc. launched its Black Knight SCOUT remote property inspection mobile app geared for appraisal management companies, the company announced in a release. Read on to learn more.
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Tech company offers remote home appraisal solutions
Posted Date: Wednesday, May 20, 2020
DropIn is urging homebuyers and home inspectors to use its platform to live-stream a home inspection, saying it is the easiest way to comply with social distancing and shelter in place mandates, while still getting an immersive experience. Read on to learn more.
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Broker outlines work on convenience stores, gas stations
Posted Date: Monday, June 8, 2020
Businesses, especially commercial properties such as convenience stores and gas stations, go through many steps in a process to get ready for market and ultimately a sale.
Crossroads Brokers Sara Cartee talked about the work she does with partners in the transaction of valuating and selling businesses such as convenience stores and gas stations.
Read on to learn more.
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Mortgage market soaring as May ends
Posted Date: Monday, June 8, 2020
Forecasts of doom and gloom in the housing and mortgage markets in April have turned to upside surprise as May came to a close.
Record-low mortgage rates and easing of stay-at-home restrictions are spurring stronger activity on both the purchase and refinance side of originations.
Read on for a look at the market today, including data on sales and applications, and why the market strength has made Zillow revise its forecast for the year.
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LRES announces promotion
Posted Date: Monday, June 8, 2020
LRES Corp. has expanded the leadership role for David Sober as vice president, national sales manager, the company announced in a release. Read on to learn more.
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Report: Safest states for 2020 revealed
Posted Date: Monday, June 8, 2020
June is National Safety Month. With the U.S. devastated by the coronavirus pandemic this year, the personal-finance website WalletHub released its report on 2020’s safest states. Read on to find out which state provides the most safety and security.
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AI cancels annual conference
Posted Date: Monday, June 8, 2020
The Appraisal Institute (AI) officially announced the cancellation of its annual conference scheduled for Aug. 3-5 in Orlando, Fla. Read on for additional information and an official statement from AI.
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CoStar Group to acquire Ten-X Commercial
Posted Date: Monday, June 1, 2020
CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, is looking to a major purchase.
The company plans to acquire Ten-X for $190 million in cash, according to a release.
Read on to learn more about this acquisition.
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