News By Edition

American Society of Appraisers (ASA) CEO and Executive Vice President Johnnie White spoke to attendees at the 2019 Equipment Valuation Conference in Cleveland.

Valuation Review sat down with White, who detailed challenges for the profession and his thoughts as to how the ASA can continue to bolster appraisers in their chosen career.

Read on to find out what we were told.

At the 2019 American Society of Appraisers Equipment Valuation Conference in Cleveland, a digital marketing strategist from 42connect, a Cleveland-based company helping individuals better their businesses by using digital marketing channels.

The presenter gave the audience tips on how to prepare their websites to convert site visitors into leads and attract the right people to their sites on a consistent basis.

Read on to learn more.

BBG announces another appointment.

Anthony Bonet is the new director of the Miami office. Bonet, who specializes in valuation of multi-housing assets, brings much experience to the commercial company.

Read on to learn more.

Fannie Mae recently released a set of FAQs on waiver eligibility changes. Among the findings is that, effective June 22, the borrower name no longer needs to match the name on a prior appraisal for a refinance transaction to be eligible for an appraisal waiver offer. Read on for a listing of questions and answers to guide appraisers.

The Credit Union National Association (CUNA) President and CEO Jim Nussle penned a letter to the ranking members from the House Financial Services Subcommittee on Housing, Community Development and Insurance, commending them for taking an important step in governing appraisers as outlined in The Homebuyer Assistance Act of 2019. Read on to find more of what CUNA had to say in its letter.

SLK Global Solutions said it has hired Shannon Cobb as the new leader of its title and tax business. In his role as executive vice president, Cobb will oversee the strategic direction and expansion of the company's title insurance services. Read on to learn more.

CoreLogic announced that its Board of Directors has expanded the size of the board from 11 directors to 12 by electing banking, housing finance and public policy leader J. Michael Shepherd to the board, effective June 21, 2019. Read on to learn more about this appointment.

There is new information regarding how appraisers may have determined the value of homes in Jackson County (Missouri), and the lack of information they had available to them, according to a local television station report. Read on to learn more.

With unprofitable coal and nuclear plants continuing to shut down amidst current administration support, the personal-finance website WalletHub released its report on 2019's most and least energy-expensive states. Read on to find out what state made this list.

Valuation Review reached out to Rachel Massey, of Massey & Associates Valuation Services, LLC, who shared with us her expertise concerning the market.

Massey discussed how appraisers can provide the most assistance to their clients based on knowledge of those markets.

Read on to find out more of what she told us.

A paper by Collateral Analytics highlights the importance of providing a flexible modeling strategy when estimating risk for adjustable rate loans. The new Collateral Analytics Credit Risk Model (CRM) provides expected performance measures for individual mortgages over their lifetime, while providing the same types of risk measures for a pool of mortgages over their lifetime. Read on to learn more.

The 2019 Appraisal Institute (AI) conference, “Climbing Even Higher,” will get underway July 22-24 from the Hyatt Regency Hotel in Denver.

Appraisers will gather in the Mile High City for three days of informative sessions and networking to enhance their businesses.

Valuation Review is in Colorado this week to bring you all the action. Read on for a brief glimpse as to what’s happening at this year’s show.

Valuation Review continues its conversation with American Society of Appraisers (ASA) CEO and Executive Vice President Johnnie White, who spoke to attendees at the 2019 Equipment Valuation Conference in Cleveland.

In Part II, White addresses more ways how the industry can be better and what role technology will play in the appraiser’s future.

Read on for the conclusion.

LRES Corp. has promoted Molly Merchant to senior director of REO asset management. Read on to find out more about Merchant and what her specific duties with LRES will be.

At the 2019 ASA Equipment Valuation Conference in Cleveland, Stonebriar Commercial Finance executive Kevin Sensenbrenner covered a variety of topics from the position of executive and appraiser.

In Part II of this feature story, Sensenbrenner adds more topics to the discussion.

Read on for the conclusion of this story.

The Federal Housing Administration (FHA) announced that it will delay compliance for digital signatures in its Electronic Appraisal Delivery (EAD) system, which originally was set to take effect Aug. 5. That August date has been delayed. Read on to learn more.

In Part II of this story, Valuation Review continues to examine testimony from the presidents of the Appraisal Institute (AI) and The Appraisal Foundation (TAF).

Both organizations encouraged Congress to act on valuation topics during a recent hearing on Capitol Hill.

Read the conclusion for more of what the leaders from these two organizations had to say.

At the 2019 American Society of Appraisers Equipment Valuation Conference in Cleveland, Stonebriar Commercial Finance executive Kevin Sensenbrenner discussed the differences between asset-based lending and equipment finance products. 

As an appraiser, Sensenbrenner emphasized that recognizing these differences leads to more opportunities.

Read on to find out more of what came out of this conference session.

There's more changes in the commercial appraising arena.

BBG announced the opening of its office in Seattle and appointed a new director for this location.

Read on to find out who this person is, and hear both from the new commercial team member and the CEO.

Sales of newly built, single-family homes fell 7.8 percent to a seasonally adjusted annual rate of 626,000 units in May, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Read on for more information and numbers from the report.

NEXT Mortgage Events and Housing Finance Strategies, a Washington, D.C., advisory firm, announced the launch of an event to focus on current policy as well as housing issues that could be impacted by the 2020 election. Read on to learn more.

The Federal Housing Administration (FHA) will conduct a free appraisal training session in Santa Ana, Calif., on July 24. This training is intended primarily for seasoned FHA appraisers, appraisers new to the FHA Appraiser Roster, and those working toward appraiser licensing. Read on for registration information.