News By Edition

Valuation Review sat down again with veteran appraiser Tim Andersen (“The Appraiser’s Advocate”) for candid comments on important topics within the appraisal profession

Andersen shared his thoughts on the National Association of Realtors case surrounding Sitzer-Burnett. Andersen, while outlining matters concerning boilerplates in appraisal reports, technology and other items of interest to the appraiser.

Read on for more of Part I of this exclusive feature.

Fannie Mae’s Uniform Appraisal Dataset and Forms Redesign team released additional documentation and updated one existing document to support ongoing implementation efforts.

Valuation Review recently sat down with Liz Green, head of digital solutions for Candescent, who is affectionately known in the industry as “Miss MISMO.”

Green outlined her experiences working with appraisers and lenders, while addressing changes coming to the profession from a technological standpoint.

Read on for more of what we were told.

Colliers U.S./Valuation & Advisory Services recently announced two additions to its leadership team.

ASA recently announced the election of its Real Property Discipline Member-At-Large for the 2024-2025 term.

The Pennsylvania General Assembly recently passed legislation H.B. 2220.

The bill removes barriers for state residents who want to become a real estate appraiser supervisor in the state.

Read on for more details.

Valuation Review caught up with Dutch Mendenhall, founder of RADD Companies, who outlined more specifics surrounding the market.

Mendenhall also focused on specific land types, investments and anticipated changes in real estate valuation.

Read on for more marketing insight.

Being kind, courteous, and demonstrating a positive attitude should be a priority for any business, especially when it comes to answering the phone from a potential client and responding in a timely fashion. It can set the tone for the enitre business relationship but is frequently overlooked, especially when workloads increase.

Part of the Marketing Your Business for Success report.

BBG West Division Executive Managing Director Phillip Hanshew reached out to Valuation Review to share his thoughts from his article, “BBG Advances Growth Trajectory with Opening of Satellite Offices in West Region’s Secondary Markets.”

Hanshew revealed the three most important words when valuing property.

Read on for more information.

Recently, the Department of Veterans Affairs issued guidance to strongly encourage mortgage servicers to implement a targeted moratorium on foreclosures for veterans with VA-guaranteed loans.

The extension will last through Dec. 31.

Read on to learn more.

Earlier, Valuation Review brought its readers the news about Calque entering a partnership with Fancher Mortgage Group and Jones Mortgage Group to provide homeowners with a way to utilize their home equity to secure a new property before selling their current one.

We spoke with Calque CEO Michael Bremer for more details on this unique partnership and what it could mean for appraisers valuing residences.

Read on for the full conversation.

CubiCasa recently announced the launch of new product features that extend the company’s products beyond floor plans. From the same five-minute scan that CubiCasa’s users are familiar with, they can now generate property data and imagery for property documentation purposes.

Connexions, an AMC software provider, has invested in major enhancements to modernize valuations and support AMCs’ success.

In April, the CoreLogic S&P Case-Shiller Index slowed to a 6.3 percent year-over-year gain after peaking at 6.5 percent during the previous two months.

It was still the 10th straight month of annual appreciation.

Read on to learn more.

The 2024 National Settlement Services Summit featured an exclusive interview with former Federal Housing Finance Agency Director Dr. Mark Calabria, now a senior advisor at the CATO Institute, who shared his views on the economy, the regulatory environment and the role of the federal government with October Research Chief Knowledge Officer Mary Schuster.

The interview is available as the fifth installment of the Keys to Real Estate Podcast – the first to be recorded in front of a live audience.

Read on to learn more.

Tyler Technologies, Inc., recently announced the grand opening of its new manufacturing facility in Kingston Springs, Tenn., to support the growth of its Enterprise Corrections software for correctional facilities, which includes administration, financial management, communications and re-entry solutions.

Optimal Blue recently announced the release of Competitive Data License, a collection of key national mortgage pricing data that enables lenders to price products competitively and react swiftly to changing market conditions.

ACI, a provider of workflow solutions for the valuation industry and a member of the First American family of companies, recently announced big technology news.

ACI Sky, a digital quality control and compliance platform, is now integrated with Restb.ai.

Read on for more details.

Property data curator ATTOM released a Special Housing Risk Report spotlighting county-level housing markets that are more or less vulnerable to declines, based on home affordability, underwater mortgages and other measures in the first quarter of 2024.

For July’s appraisal advice from Dustin Harris, “The Appraiser Coach,” we look at key points from Harris’ blogs “Taking Advantage of the Slow-Down” and “Setting Boundaries.”

Working on one’s business, and not just working in it, along with creating the freedom necessary to succeed, are highlighted.

Read on for more helpful appraiser advice.

Two plaintiffs alleged losses under the Truth in Lending Act and the Equal Credit Opportunity after objecting to the use of an appraisal identical to one done a month before, despite the completion of several renovations.

The lender instead opted to backdate the appraisal and ultimately denied the loan.

Read on for more details.

More than 900 business professionals engaged in all facets of residential construction gathered on Capitol Hill recently.

This was to call on Congress to ease the unsettling feelings that are fanning the nation’s housing affordability crisis and impeding builders from boosting housing production.

Read on for more details.

Fannie Mae and Freddie Mac (the Enterprises) made changes to enhance their flex modification policies, the Federal Housing Finance Agency (FHFA) announced, expanding assistance for borrowers facing longer-term financial hardships.