News By Edition

Earlier, Valuation Review introduced its readers to the appointment of Lana Vukovljak, the new executive vice president and CEO of ASA. We caught up with Vukovljak to formally introduce her to our audience.

She outlined her initial goals for the appraisal organization she now serves.

Read on for the full conversation with the ASA's new executive.

Certified Residential appraiser Daniel Lindeman recognized the need for a reliable peer-to-peer referral system within the appraisal profession.

Taking the initiative, he created a membership platform designed to connect appraisers. Valuation Review spoke with Lindeman about his vision and how it is helping appraisers enhance their businesses.

Read on for the full conversation.

The Consumer Financial Protection Bureau (CFPB) recently approved a rule of note for appraisers.

It is to ensure accuracy and accountability in the use of artificial intelligence and algorithms in home appraisals.

Read on to find out what the CFPB had to say on this matter.

Liberty County’s hot housing market has led to a rise in property values.

The Texas county chief appraiser revealed this assessment to the state's county commissioners.

Read on for more details.

The Federal Deposit Insurance Co. and the Office of the Comptroller of the Currency recently issued statements.

This was pertaining to the notice of final rule on quality control standards for automated valuation models.

Read on to learn what he Agencies had to say.

The ASA recently made another key announcement.

The appraisal organization named its international president for the 2024-25 term.

Read on to find out who will lead the ASA in this position.

The Appraisal Institute of Canada (AIC) recently announced the election the AIC national president for 2024-2025.

The Appraisal Foundation President Kelly Davids released information for appraisers in the organization’s July newsletter.

REsides, Inc., an independent property network, recently announced the launch of an educational platform designed to transform how real estate professionals learn, grow, and excel in their careers.

The U.S. Supreme Court has struck down a doctrine that has been a precedence for judicial interpretation for the last 40 years.

Chevron U.S.A., Inc. v. NRDC was overruled in an opinion penned by Chief Justice John Roberts in a 6-3 court decision.

A Valuation Review sister publication spoke with two former Consumer Financial Protection Bureau attorneys and a legal expert on how this will impede agency enforcement going forward.

With energy costs likely to be high during what could be the hottest summer on record, the personal-finance website WalletHub recently released its report on “Energy Costs by State in 2024.”

U.S. house prices rose in April, up 0.2 percent from March and 6.3 percent from April 2023, according to the Federal Housing Finance Agency’s seasonally adjusted monthly House Price Index.

In its June Insights Report, STRATMOR Group examined how lenders will fare in the next refinance boom and why some will be more successful than others in capturing that business. Lenders need to prepare now, STRATMOR Group suggested.

The Department of Veterans Affairs recently announced a temporary policy allowing VA homebuyers to compensate their real estate agent directly.

The department says it will determine whether a formal rulemaking process is necessary.

Read on to learn more.

Home sales fell 1.7 percent month-over-month in May on a seasonally adjusted basis and dropped 2.9 percent from a year earlier, according to a new report from Redfin.

The Consumer Financial Protection Bureau and the Federal Housing Finance Agency recently published updated loan-level data for public use collected through the National Survey of Mortgage Originations.

Optimal Blue recently released its June 2024 Market Advantage mortgage data report, which revealed a stagnant late-spring housing market as home prices dropped for the first time in 2024.

However, a retreat in mortgage rates prompted a significant month-over-month increase in rate-and-term refinance volume.

Read on for more numbers from this report.

Blockchain and real estate technology firm Ubitquity announced an enhancement to its CipherBPA (business process automation) platform: OneClick Mint.

The VA loan program turned 80 on June 22.

As part of the original GI Bill, the VA loan program has contributed $3.9 trillion to the U.S. economy, and VA loans rank as the top benefit veterans and military members receive for serving their country.

Read on to learn more.

On July 11, The Appraisal Foundation (TAF) concluded a conciliation agreement with the U.S. Department of Housing and Urban Development (HUD) following the completion of HUD’s investigation of TAF’s policies and practices and real property appraiser qualification criteria which began in December 2021.

No findings resulted from the process.

Read on to learn more.

Kidder Mathews, an independent commercial real estate firm on the West Coast, recently welcomed a new executive.

He has over two decades of experience as an appraiser serving the northern and central regions of California.

Read on to learn the identity of this new hire.