News By Edition

In another feature from Valuation Review’s “Women in Appraising” series, we profile ServiceLink’s Valuation Analyst Jeanine Cino.

Currently working remotely as a desktop appraiser in Long Island, N.Y., Cino shared many aspects and challenges she has faced over her 25-year career.

Read on for the full story highlighting Cino.

Gynell Vestal is this edition’s featured appraiser in Valuation Review’s “Women in Appraising” series.

Vestal, a chief appraiser at Clear Falls Valuations in Frisco, Texas, got her start in Oklahoma, which introduced her to some “amazing” mentors.

Read on to find out more about our featured appraiser.

For another installment in Valuation Review’s “Women in Appraising” series, we reached out to The Appraisal Foundation’s Appraisal Issues Vice President Lisa Desmarais to tell her story.

Desmarais, who always envisioned herself as a teacher, realized she loved the research she did to earn her teaching credentials more than the actual teaching.

Read on for more highlights from our featured appraiser in this series.

Pam Teel, part of our “Women in Appraising” series, literally worked her way up the appraisal ladder.

Teel, a veteran appraiser with Teel Consulting Services, started in the real estate industry as a front-desk receptionist at a real estate office and climbed her way upward, moving on to bigger and better things.

Read on to learn more about this accomplished appraiser.

For another installment of its “Women in Appraising” series, Valuation Review features National Association of Appraisers President Malinda Griffin.

With family members guiding her along the way, Griffin talked about her early start in the profession, in addition to some challenges she encountered.

Read on to learn more about this "spotlighted" woman appraiser.

The residential property market values of taxpayers in Burlington Township, Kane County, Illinois, experience a modest growth each year, according to Patrick O’Connor, company president of O’Connor, tax reduction experts.

Similar increases for commercial values were also noted.

Read on to learn more.

New reports from Redfin show agent commissions have experienced little change since new rules related to the National Association of Realtors’ settlement in Sitzer-Burnett went into effect on Aug. 17.

JLL’s Value and Risk Advisory platform hired an executive managing director.

This individual will head the Core Four platform, overseeing the national property sectors of office, retail, industrial and multi-housing.

Read on to find out the identity of this company's recent hire.

Optimal Blue recently announced two key executive promotions that will position the company to deliver innovation faster across the company’s entire capital markets platform, and to further expand the company’s network of partners.

Valuation Review caught up with Restb.ai Valuation General Manager Tony Pistilli for the latest updates pertaining to appraisal technology.

Pistilli offered insight on the efficiency of manual reviews of appraisals, property conditions and renovation estimates.

Read on for the full conversation.

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.

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.

Valuation Review begins 2025 with new and innovative tips from Dustin Harris (“The Appraiser Coach").

Harris will again share his insights and observations to help appraisers everywhere enhance their businesses.

Read on to learn more.

Blue Sage Solutions, a provider of end-to-end mortgage technology, recently announced that it is the first loan origination system to fully integrate Fannie Mae's Income Calculator. 

The U.S. Department of Housing and Urban Development has achieved significant milestones in its rental assistance programs, reaffirming its commitment to provide affordable housing for American families.

Property data curator ATTOM released its third-quarter 2024 U.S. Home Flipping Report, showing 74,618 single-family homes and condominiums nationwide were flipped in the third quarter.

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.

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.

Intercontinental Exchange Inc. recently released its December 2024 ICE Mortgage Monitor Report.

The report examined what a recent burst in refinance activity revealed about mortgage holders and their motivations in today’s market.

Read on for more details.

The Community Home Lenders of America sent a letter to Congress urging higher Senate funding levels for salaries and expenses of Ginnie Mae and the Federal Housing Administration for fiscal year 2025.

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.

Despite mortgage rates hitting two-year lows this fall, total home sales fell to their lowest level in 14 years, according to Freddie Mac’s Economic and Housing Research Group.

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.

Home prices nationwide, including distressed sales, increased year-over-year by 3.4 percent in October compared with October 2023.

This is according to CoreLogic’s U.S. Home Price Insights recently released.

Read on to learn more.

JLL’s Value and Risk Advisory platform recently announced it hired two senior directors and another director.

This is a move to further grow the group’s geographic as well as sector-focused strategy.

Read on to learn more.

The Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council has invited comment on a proposed rule to implement a framework to govern the ASC's enforcement authority regarding the effectiveness of appraiser and appraisal management company programs overseen by state appraiser regulatory agencies.

An intelligence report published by AMA Research with the title "Global Property Appraisal Software Market Outlook to 2028” gives  a detailed overview of key factors in the Global Property Appraisal Software Market  such as driver, restraint, past and current trends, regulatory scenarios and technology development.

October’s pending home sales increased month-over-month, according to data from the National Association of Realtors. This marked the third consecutive month that pending home sales increased.

Valuation Review’s “Women in Appraising” series continues as we introduce our readers to Michele Golden.

With over 31 years in the profession, Golden, chief appraiser with Accurate Group, speaks to influential mentors and experiences that have guided her along the way.

Read on for more of Golden's accomplishments within the appraisal profession.

A mortgage industry titan will retire from his role as senior vice president and chief risk officer of SingleSource Property Solutions effective Dec. 31.

He has also been a key figure in the appraisal industry.

Read on to learn the identity of this individual.

Home prices continued to cool in September as homebuyers struggled with inflation fatigue, according to the latest CoreLogic S&P Case-Shiller Index.

September’s seasonal home prices fell again, driven by cooling California markets.

Read on for more details.

R3 AMC, a full-service appraisal management company focused on helping lenders efficiently navigate the appraisal process, recently announced a new appraisal compliance assurance service for lenders wherein every appraisal submitted to lenders is pre-screened for bias and compliance requirements from Fannie Mae and Freddie Mac.

ATTUNE, an all-in-one digital origination platform for banks and credit unions, recently announced a partnership with Equity Valuation Partners, a provider of real-time, data-driven valuation tools for financial institutions.

For the first time since 2010, homes facing low risk from natural disasters are rising in value faster than homes facing high risk, according to a new report from Redfin.

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.

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.

BBG Managing Director and Practice Leader Matt Rader outlines why experienced property owners and investors are turning to cost segregation.

Rader again shared his expertise through his article, “Unleashing Property Potential with Cost Segregation.”

Read on to learn more.

The Appraisal Foundation (TAF) President Kelly Davids updated appraisers with highlights from TAF during the month of December.

As expected, the U.S. District Court for the Western District of Missouri granted final approval of the National Association of Realtors (NAR) settlement agreement related to its cooperative compensation rule.

Mortgage Cadence, an Accenture company, recently announced Seth Hooper, its chief product officer, made the 2024 list of “Lending Luminaries” published by the PROGRESS in Lending Association. This is the sixth year the association has published its list of leaders.

Zillow unveiled its data-driven predictions for the trends that will define homes in the new year. In 2025.

It analyzes homeowners and buyers blending the latest technology with nostalgic, old-world charm to create comfortable, sustainable and climate-resilient homes.

Read on for more from Zillow.

Valuation Review presented another webinar in its Compliance Series titled Regulatory and Industry Outlook.

The webinar featured renowned author Jim Amorin and Kevin Hecht of McKissock Learning, who addressed the latest regulatory and business trends in the industry.

Read on for a short review and learn how you can order your copy of the program.

Black homebuyers are obstructed by systemic racism and economic factors like high interest rates and investor purchases.

Recently, though, speakers at the National Association of Real Estate Brokers Black Wealth Summit said they were enthusiastic about progress, insisting the journey toward homeownership and generational wealth is worth pursuing.

Read on to learn more.

While their optimism is growing, lenders must elevate customer experiences and focus on technology ROI to capitalize on a rejuvenated housing market in 2025, according to the latest Insights Report from STRATMOR Group.

President-elect Donald Trump announced several intended nominations this past week, including new leaders for the U.S. Department of Housing and Urban Development, and the Treasury.