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  SBA, Treasury detail Paycheck Program termsWednesday, April 1, 2020 Days before small businesses were allowed to submit requests for the Paycheck Protection Program, a $349 billion loan program administered by the Small Business Administration and authorized by the Coronavirus Aid, Relief, and Economic Security Act, the agency and the Treasury Department released key details of the program.
Among the major announcements – not all of the expenses which the stimulus bill said were eligible for loan forgiveness might be paid.
Read on for details from the agencies’ latest guidance. |
 SBA to manage stimulus bill fundingWednesday, April 1, 2020 Within the recently passed $2 trillion stimulus and relief bill is a $349 billion fund, to be managed by the Small Business Administration, to help small businesses continue to meet ongoing payroll and critical bill needs during the COVID-19 pandemic.
How will this funding benefit the appraiser who owns his/her own business?
Read on for more details and find out when businesses can begin applying for loans. |
 More calming advice from appraisersMonday, March 30, 2020 In an effort to try and keep our readers informed about the appraisal profession while dealing with the daily working restrictions associated with the coronavirus, Valuation Review continues to speak with industry people for more tips and guidance.
More appraisers are willing to share with us some basic facts and safety tips to help business people try to remain professionally productive during this time.
Read on to find out what other appraisers are doing. |
 Zillow: Housing markets shiftingMonday, March 30, 2020 It has been a wild ride for mortgage rates over the past month, but today’s market is anything but typical.
Typical conditions have changed as some jurisdictions have mandated or recommended citizens remain at home in an effort to slow the spread of COVID-19, according to a report from Zillow.
Read on to learn more.
 Seeing the big ‘picture’ with drone photographyMonday, March 30, 2020 Valuation Review spoke with Scott Anderson, a Certified General appraiser,on the subject of drones.
Anderson shared his views on what appraisers can accomplish by using drones and taking pictures from all kinds of places and angles.
Read on to find out what he told us.
 Some seller concessions causing appraiser headachesMonday, March 30, 2020 First Commonwealth Mortgage’s Brad Binder outlines more facts homebuyers should be armed with before making a purchase, while suggesting what appraisers may need to know during selected transactions. Read on to learn more.
Veros identifies Tennessee homes damaged by tornadoMonday, March 30, 2020 Veros Real Estate Solutions released data analysis showing 11,519 single-family homes in Nashville, Tenn., and surrounding areas which likely have been impacted by the destruction of the recent tornadoes in the area. Read on to learn more.
SBA offering disaster loansMonday, March 30, 2020 The Small Business Administration is offering low-interest federal disaster loans for working capital to North Carolina small businesses suffering substantial economic injury as a result of the coronavirus, SBA Administrator Jovita Carranza announced. Read on to learn more.
 Fannie outlines appraisal flexibility surrounding COVID-19Wednesday, March 25, 2020 Since the business disruption caused by the coronavirus, in many cases, lenders are unable to obtain an appraisal based on full interior and exterior inspections of subject properties.
Fannie Mae has responded with guidance for appraisers, stating the waiving of full appraisal requirements for certain assignments.
Read on to learn more.
 Bunton sees more guidance from hearings, GAO studyWednesday, March 25, 2020 Valuation Review heard more insights from The Appraisal Foundation (TAF) President David Bunton.
Bunton elaborated on how decisions made in Washington, D.C. will help appraisers function more efficiently with clarity.
Read on for more of the conversation.
 Loan originator explains what buyers should be aware ofWednesday, March 25, 2020 Valuation Review sat down with First Commonwealth Mortgage’s Brad Binder.
Binder discussed all that potential homebuyers should know when engaging in what will be the single most important financial decision of their lives, in addition to the beneficiaries of the appraisal report.
Read on to learn more.
 BBG lands award in condemnation case Wednesday, March 25, 2020 BBG announced that a jury recently awarded $750,000 to a New Jersey used automobile dealership.
This was in regard to a land condemnation action, the company announced in a release.
Read on to learn more about the case.
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