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Valuation Review recently spoke with Shawn Telford, chief valuation officer with CoreLogic, who shared his thoughts on what looked good in 2024 from an appraisal standpoint, and what appraisers can anticipate in the new year.

Telford sees the focus on appraisal report quality, driven in large part by the feedback to the mortgage industry from Fannie Mae and Freddie Mac, as being a positive.

Read Part I of our feature story with the chief valuation officer.

Valuation Review recently sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital, to further examine the Federal Housing Finance Agency announcement pertaining to Freddie Mac and Fannie Mae’s policies on appraisals, loan repurchase alternatives, and pricing notifications.

How will this affect appraisers moving forward?

Read on for Chen's answer to that question, and others.

On Dec. 20, Appraisal Subcommittee (ASC) Executive Director James Park wrote on his LinkedIn page that he was leaving the ASC.

After almost 16 years of service, Park’s departure will be effective Jan. 1.

Read on to hear more about Park's decision.

Valuation Review recently spoke with Lyle Radke, senior director of Single-Family Collateral Risk for Fannie Mae, who shared specifics about the new Uniform Appraisal Dataset (UAD).

Radke said the new UAD will make it easier to describe and identify the property characteristics.

Read on for the full conversation.

As we approach a new year, Valuation Review is seeking the insights and prognostications from several appraisal industry veterans as to what should be positively noted from the past 12 months, and what lies ahead for appraisers.

We recently sat down with The Appraisal Foundation President Kelly Davids for her thoughts.

Read on to find out what she told us.

John Russell, founder of ValuSight Consulting and a former staffer of the ASA, shared his thoughts on what appraisers can expect from President-elect Donald Trump’s administration.

Russell looked at how the new president will possibly address appraisal-related issues.

Read on to learn more.

Valuation Review recently spoke with Rich Correll, principal at Correll Commercial, who shared his thoughts on appraisal litigation and the typical assignments appraisers can receive.

Correll also examined the difference between litigation and banking work.

Read on for the full conversation.

On Dec. 5, lender Rocket Mortgage, part of Rocket Companies, filed suit in federal district court against the U.S. Department of Housing and Urban Development.

The suit is claiming conflicts between the government’s regulations requiring appraiser independence and its enforcement actions seeking to hold lenders liable for the conduct of independent licensed appraisers.

Read on for more details surrounding this legal action.

CoreLogic recently released its Loan Performance Insights Report for September.

In September, 3 percent of all mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), up 0.2 percent from September 2023. 

Read on for more numbers.

As real estate markets grow increasingly interconnected, seamless data sharing has become a critical component of success, spanning local, national, and global boundaries. CoreLogic looks to solve the challenges with its platform Trestle Share.

The S&P Dow Jones Indices recently released the October 2024 results for the S&P CoreLogic Case-Shiller Indices.

The leading measure of U.S. home prices recorded a small annual gain in October, a slight deceleration from the previous annual gains in 2024.

Read on to learn more.

The Mortgage Bankers Association (MBA) recently announced a promotion regarding the position of senior vice president of commercial/multifamily policy and strategic industry engagement.

He is a 20-year MBA veteran.

Read on to learn the identity of this individual.

The number of refinances increased by 10 percent from the second to third quarter of 2024, according to the lates Federal Housing Finance Agency Foreclosure Prevention and Refinance Report.

The Mortgage Calculator is streamlining the FHA loan process with technology-driven tools designed to make affordable home financing more accessible. By offering a robust FHA mortgage calculator, real-time rate updates, and expert support, the platform provides a seamless experience for borrowers exploring FHA loan options.

Dark Matter Technologies recently announced the appointment of a chief revenue officer.

New listings of homes for sale the four weeks ending Dec. 15 were up 7.6 percent, the biggest year-over-year increase since June (excluding the four weeks ending Nov. 24, when the increase was inflated due to Thanksgiving), according to a new report from Redfin.

Valuation Review now brings to its readers Part II of our conversation with Shawn Telford, chief valuation officer with CoreLogic.

Telford dove into the challenges 2024 presented for appraisers, and what lies ahead for the profession in the new year.

Read on for the conclusion to this feature story.

Zillow’s artificial intelligence-powered natural language search revealed 2024’s unique home-search trends.

This analysis offered a window into what Americans wanted in their next home.

Read on to learn more.

The American Society of Appraisers recently announced the appointment of a new chief executive officer and executive vice president, effective Feb. 1. Look for Valuation Review's exclusive, in-depth interview with the new CEO soon.

The Federal Housing Finance Agency recently released its third quarter 2024 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac completed 43,459 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to 7,047,721 since the start of conservatorships in September 2008.

The gap between public and private real estate valuations is narrowing, signaling that investors are gearing up for increased transaction activity in 2025, according to a post on Globest.com.

A former Philadelphia Eagles running back recently plead guilty to federal fraud charges after he was accused of submitting fraudulent tax returns and applications for hundreds of thousands of dollars in COVID-19 pandemic aid programs.

The Federal Housing Finance Agency recently released a report on non-performing loans sold by Fannie Mae and Freddie Mac through the first half of 2024.

Reggora recently announced its partnership with Lenderworks, a mortgage infrastructure solutions provider for companies in the mortgage banking industry. Lenderworks now provides Reggora integration and implementation services, alongside its existing suite of mortgage infrastructure solutions.

Recently, the U.S. Department of Housing and Urban Development announced the award of $225 million in competitive grant funding for 17 awardees with proposed projects across 26 states through the Preservation and Reinvestment Initiative for Community Enhancement program.