News By Edition

Valuation Review caught up with Jeff Morley, chief knowledge officer at Accurity Consolidated and partner at Accurity Morley and McConkie, who discussed his personal experiences in valuation.

Morley also shared specifics about market tendencies and how appraisers can prosper in their businesses.

Read Part I of this exclusive feature.

The Appraisal Subcommittee of the Federal Financial Institutions Examination Council violated the purpose statute when it awarded a cooperative agreement to a nonprofit entity.

This is according to a letter from General Counsel of the Government Accountability Office.

Read on for more details.

There’s been a lot of discussion about avoiding certain words and phrases in appraisal reports as a best practice.

Valuation Review spoke with Ted Harmand, a Santa Barbara real estate appraiser and owner of Theodore Harmand Appraisals in California, who recently expressed his thoughts on this subject.

Read on for the full conversation with Harmand.

The Appraisal Institute recently released the fourth in its series (“What I Value”) of short videos profiling real estate appraisers. The new video tells the story of an appraiser who has been valuing real property in the Washington, DC, Metro area for five decades.

BBG Real Estate Services announced the addition of  two key individuals to its firm.

Peter Christensen has been brought on as general counsel and chief compliance officer, and Marty Skolnik as GSE compliance officer.

Read on for the details.

For another August installment of helpful appraisal tips from Dustin Harris, “The Appraiser Coach,” Harris discussed specific working relationships in his blog posts “Can You Be Close-Knit as a Long-Distance Office” and “The Good ’Ol’ Boy ’Ain’t So Good Afterall.”

Harris noted challenges working virtually and how to strike a balance between friendly and professional.

Read on for more appraisal tips.

Voxtur Analytics Corp. recently announced a new CEO will assume the role effective immediately.

BBG recently announced the promotion of two managing directors. They will be part of the leadership team in the New York office.

To offer an unorthodox perspective on the state of the U.S. economy and housing market, October Research welcomed acclaimed “Bowtie” Economist Elliot Eisenberg, Ph.D.

Eisenberg spoke at the 2024 National Settlement Services Summit (NS3) in Naples, Fla.

Read on for this economist's marketing insight.

Fannie Mae and Freddie Mac are working on newer and stricter rules for commercial lenders and brokers after recent mortgage fraud schemes came to light.

Sen. Peter Welch (D-Vt.) introduced legislation that would provide more financing options for homeowners in rural America. The bill amends the Housing Act of 1949 and the U.S. Department of Agriculture’s Section 502 mortgage assistance program. Specifically, the Rural Homeownership Continuity Act of 2024 will update Section 502’s liability process to help more low- and moderate-income families in rural communities purchase homes using the program.

The Federal Housing Finance Agency recently issued a proposed rule that would establish the housing goals for 2025-2027 that Fannie Mae and Freddie Mac would be required to meet on an annual basis.

With millions of Americans moving each year and summer being the most popular time of the year to move, WalletHub recently released its report on “2024’s Best States to Live In.”

With home values around 3.3 percent in the past year and mortgage rates remaining high, the personal-finance website WalletHub recently released its report on the “Best Real Estate Markets in 2024.”

Veros Real Estate Solutions recently introduced a platform that provides housing finance professionals with the insights they need to be confident in the accuracy of a property valuation.

CubiCasa recently announced a new partnership with a real estate brokerage franchise that serves over 6,000 members nationwide.

Does the idea of seeing your home’s future value after making the right improvements sound good? Revive, a presale renovator, is making that notion possible by offering free access to its artificial intelligence (AI)-powered property valuation tools, empowering sellers and real estate professionals alike.

Valuation Review has touched down once again in Las Vegas to attend the 2024 Appraisal Summit conference from the Planet Hollywood Resort and Casino.

We are ready to share highlights from the many sessions and activities planned.

Read on for a sneak preview.

The final story from Valuation Review’s 2024 “Appraisal Technology” in-depth report discusses floor plans.

Specifically, floor plan software that truly benefits the appraiser and overall turnaround time.

Read on for the last installment to this technology series of articles.

Homebuyers are increasingly stretched to buy a home, and some existing homeowners are feeling the pressure of higher homeownership costs and missing their mortgage payments, according to CoreLogic’s monthly “10 Things to Know About the Housing Market.”

Overall, there is more caution in the housing market as both buyers and investors carefully evaluate their options, CoreLogic said.

Read on to learn more.

Valuation Review’s 2024 “Appraisal Technology” in-depth report dives into artificial intelligence, a highly talked about tool for appraisers.

The arrival of ChatGPT presents both challenges and opportunities for the appraisal profession.

Read on for more technological news appraisers should know.

Fannie Mae recently released additional information regarding new protections for tenants in multifamily properties with mortgages backed by Fannie Mae and Freddie Mac.

In The Appraisal Foundation’s (TAF) September newsletter, TAF President Kelly Davids shared some key information she obtained from listening sessions she attended over the past several months.

In its August Insights Report, STRATMOR Group addressed the often overlooked yet critical role that rest and recovery play in success in any business, including in the mortgage industry.

Lyle Radke, principal, collateral policy at Fannie Mae, and Matt Simmons, managing partner from Maxwell, Hendry and Simmons, LLC, discussed specific details surrounding Accessory Dwelling Units are.

The panelists discussed what they are and how they should be appraised in another installment of the Valuation Review Compliance Series.

Read on for a small p review and find out how you can order your copy of the program.

The government-sponsored enterprises (GSEs) are expected to roll out the Universal Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) in late 2024 or 2025.

These arrivals have appraisers asking a lot of questions, and Valuation Review got some answers for its 2024 “Appraisal Technology” in-depth report.

Read on for more appraisal technology insights.

In Part II of Valuation Review’s interview with Jeff Morley, chief knowledge officer at Accurity Consolidated and partner at Accurity Morley and McConkie, we examine more closely market knowledge for the appraiser.

Morley also discussed other ways appraisers can enhance their businesses.

Read the conclusion of this exclusive feature.

Fannie Mae is focusing on modernizing the home valuation process, transitioning to a spectrum of options to establish a property’s market value.

In the 2024 Valuation Review “Appraisal Technology” in-depth report, how the spectrum balances traditional appraisals with appraisal alternatives is among many topics.

Read on to learn more.

Cushman & Wakefield announced the real estate services firm has hired a director for the firm’s Valuation & Advisory’s Infrastructure Practice Group in Pennsylvania.

He specializes in appraisals and valuation services relating to acquisitions by governmental and quasi-governmental entities on condemnation/eminent domain, right-of-way acquisitions, conservation easements and federal land acquisitions.

Read on to find out the identity of the new director.

At October Research’s second annual Women’s Leadership Summit, company executives addressed how failures can lead to a successful business.

Appraisers, through many avenues including innovative technology adaptation, continue to learn successful traits within the real estate valuation world, which was shared by these presenters to aid others in their search for success.

Read on to learn more.

The Appraisal Subcommittee of the Federal Financial Institutions Examination Council violated the purpose statute when it awarded a cooperative agreement to a nonprofit entity, according to a decision from the U.S. Government Accountability Office.