Appraiser News

Fannie Mae, as part of its ongoing commitment to helping all homeowners receive a fair and impartial appraisal, recently published a research report looking at appraisal values of homes owned by Black and white borrowers in refinance transactions titled “Appraising the Appraisal.”

Appraisal Institute President Pledger (Jody) Bishop reached out to Valuation Review for his comments on this report.

Read on to learn more.

StoicLane, a long-term growth platform, recently announced it completed the acquisition of Brentwood Property Appraisal.

Brentwood is an AMC focused on the high-end residential market in California, New York, New Jersey, D.C., and Florida.

Read on for more details of this transaction.

The Federal Housing Finance Agency recently announced targeted increases to Fannie Mae and Freddie Mac’s upfront fees for certain high balance loans and second-home loans. High balance loans are mortgages originated in certain designated areas above the baseline conforming loan limit.

Valuation Review concludes its conversation with Valcre co-founder/Vice President of Client Experience Grant Norling.

More technology is in store for the appraiser in 2022, and the commercial evaluator will have plenty of opportunities to explore these resources.

Read on to learn more from the commercial company executive.

Appraisal Logistics recently announced its president, Frank Danna, will serve as president of the Maryland Mortgage Bankers and Brokers Association for 2022.

Danna is a long-time member of the organization and has served in various capacities through the years, but this is first time serving as president.

Read on to learn more.

Automated tools to assess home values are becoming more common. Still, federally regulated banks and credit unions obtain appraisals from state-credentialed appraisers for most home loans to protect themselves and borrowers, according to the Government Accountability Office.

On Dec. 17, 2021, the Arizona Department of Insurance and Financial Institutions, Real Estate Appraisal Division opened a rulemaking docket and published a Notice of Proposed Rulemaking in the Arizona Administrative Register (27 A.A.R. 2923; 27 A.A.R. 2891). This proposed rulemaking amends the appraisal rules found in A.A.C. R4-46-101 through R4-46-601.

Valuation Review recently spoke with Valcre co-founder/Vice President of Client Experience Grant Norling. 

Valcre, a commercial real estate (CRE) solutions company, discussed why CRE appraisal demand will be at an all-time high.

Read on for more insights from Norling.

Valuation Review has addressed in detail the supply chain shortage in real estate and valuation.

Recently, Metro-West Appraisal, LLC produced a webinar on the topic with industry veterans providing important updates regarding the scarcity of supplies impacting homeowners everywhere.

Read on to find out what the panel of experts had to say.

JLL recently announced it promoted Managing Directors Aimee Morgan and Kai Pan to co-lead JLL’s national valuation advisory multi-housing practice.

They plan on streamlining operations, growing the business and internal and external brand development.

Read on to learn more.