News By Edition

The new Uniform Appraisal Dataset (UAD) will mean many things for appraisers.

Valuation Review recently sat down with R. Alan Pair, chief appraiser and senior vice president of valuation for ServiceLink, who his insights into what the UAD will mean for the appraisal profession in 2025.

Read on to learn what Pair had to say.

Valuation Review is reaching out to many appraisers within the profession to get their takes on what was good about the industry last year, and what can be looked forward to this year.

We sat down with Tim Andersen, “The Appraiser’s Advocate” to find out what his thoughts are.

Read Part I of this interview with Andersen.

The Appraisal Foundation (TAF) President Kelly Davids updated appraisers with the latest news from the TAF February newsletter. The newsletter pointed out specific ideas Davids believes will move the profession forward.

JLL’s Value and Risk Advisory platform announced key leadership role appointments within the team for 2025.

The moves come as part of JLL Value and Risk Advisory’s continued dedication to the growth of the team and the sector-aligned business model that the group launched in 2023.

Read on to learn more.

SingleSource Property Solutions, a provider of residential property services supporting the U.S. housing industry, recently announced a new chief appraiser has joined the company.

Ohio-based Corporate Settlement Solutions recently released results from its half-year Appraisal Price-Gap Analysis.

The study provided the percentage of homes that appraised over or under the sale price or appraised at the sale price.

Read on to learn more.

Velox Valuations, a national real estate appraisal firm, recently announced the launch of services in the greater Nashville area.

Jason Covington, a local resident and seasoned residential appraisal industry professional, is starting the business, franchising with Velox Valuations.

Read on to learn more.

In the recent Fannie Mae newsletter, it was announced that Fannie has expanded eligibility requirements for hybrid appraisals, providing the industry with an additional option. 

The Fourth Circuit Court of Appeals in West Virginia recently dismissed the majority of a $10.6 million judgment against Rocket Mortgage.

The dismissal also involved Rocket Mortgage affiliate, Amrock LLC, according to court documents.

Read on for the details surrounding this case.

CoreLogic recently released its latest Single-Family Rent Index.

The report analyzed single-family rent price changes nationally and across major metropolitan areas. 

Read on for more numbers.

Cornerstone Capital Bank, a national provider of mortgage origination and servicing solutions and consumer, commercial, and institutional banking services, recently launched a Community Lending Division to expand homeownership opportunities for underserved communities across the nation.

With the cost of raising a child to age 18 reaching well over $300,000, the personal finance website WalletHub recently released its report on the “Best & Worst States to Raise a Family in 2025.”

Property data curator ATTOM released its fourth quarter 2024 U.S. Home Equity & Underwater Report, which shows that 47.7 percent of mortgaged residential properties nationwide were considered equity-rich in the fourth quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values.

Mortgage Cadence recently announced the launch of a new Testing as a Service (TaaS) offering.

TaaS has been a new development across a range of industries as companies are offered new technologies but lack the resources to properly and fully test them.

Read on to learn more.

Home prices nationwide, including distressed sales, increased year-over-year by 3.4 percent in December 2024.

On a month-over-month basis, home prices increased by 0.03 percent in December 2024 compared with November 2024, according to CoreLogic Home Price Insights.

Read on for more details.

The North Carolina Appraisal Institute is hosting its 2025 Valuation Law Symposium on March 12-13 at the Canopy Realtor Association. This comprehensive two-day educational program will be focused on litigation issues in real estate valuation.

CoreLogic International recently entered into a binding agreement to acquire boutique Victorian PropTech firm Plezzel, as part of its expansion across real estate technology solutions.

The agreement to acquire Plezzel is subject to a number of conditions, including regulatory approval.

Read on for more news surrounding this acquisition.

The Fannie Mae Home Purchase Sentiment Index increased 0.3 points in January to 73.4, bouncing back slightly after falling last month for the first time since July.

The Appraisal Foundation is seeking qualified candidates to fill three to four public interest positions on its Board of Trustees.

Valuation Review brings its readers Part II of our conversation with veteran appraiser Tim Andersen, “The Appraiser’s Advocate.”

Bias and diversity were two of the areas of valuation Andersen touched for the conclusion of this feature.

Read on for the conclusion of this story.

The Appraisal Foundation recently announced applications are open for its new program to financially support aspiring appraisers fulfilling their experience requirements through the Practical Applications of Real Estate Appraisal module.

President Donald Trump appointed National Credit Union Administration (NCUA) Vice Chairman Kyle Hauptman to become the 13th NCUA board chair.

Single-family existing-home sales prices rose 89 percent in metro areas (210 out of 226) in the fourth quarter, as the 30-year fixed mortgage rate ranged from 6.12 percent to 6.85 percent, according to the National Association of Realtors quarterly report.  Fourteen percent of the metros posted double-digit price gains, up from 7 percent in the third quarter.