News By Edition

Earlier, Valuation Review introduced its readers to the news that six federal regulatory agencies issued a final rule implementing quality control standards for automated valuation models designed to help ensure credibility and integrity.

We reached out to other individuals and organizations within the appraisal profession for their reactions to this ruling and to discuss how it will impact the industry.

Read Part I of our exclusive feature and hear what the industry had to say about the ruling.

Earlier, Valuation Review alerted its readers to federal regulators finalizing guidance as it pertains to reconsideration of value for residential real estate valuations.

On Aug. 6, the U.S. Department of Housing and Urban Development, Fannie Mae and Freddie Mac announced they are giving lenders more time to meet the requirements before the guidelines are implemented.

Read on to learn more.

Valuation Review sat down with MountainWest Valuations President and CEO Deb Clark as part of our “Women in Appraising” series highlighting the many accomplishments of females doing great things in a predominantly male profession.

Clark shared how she came to the profession and became a successful appraisal business owner.

Read on for the full conversation.

Earlier, Valuation Review alerted its readers to the appointment of G. Adrian Gonzalez, Jr. as the appraisal organization’s new international president for 2024-25.

We sat down with Gonzalez, who shared his immediate thoughts and plans for ASA in the months to come.

Read on for the full story.

In a recent edition, Valuation Review introduced Andrew Bough as Class Valuation’s new chief operating officer (COO).

We caught up with Bough to discuss his immediate goals as the company’s new COO.

Read on for the full conversation.

In The Appraisal Foundation’s (TAF) August newsletter, TAF President Kelly Davids announced AI (Appraisal Institute)-PAREA celebrated its first six graduates. Davids spoke to the graduates’ determination to earn their educational credits, and how such a characteristic is what the appraisal profession is looking for.

SitusAMC announced its decision to retain its Real Estate Valuation Services (REVS) business and commitment to invest $20 million of capital to expand technology capabilities for the business.

Altus Group Limited then delivered a termination notice with respect to its previously announced acquisition of the REVS business.

Read on for all of the details.

High mortgage interest rates during the spring home season drove home sales lower, cooling home prices in more markets, according to analysis by CoreLogic.

Persistent imbalances between buyers and sellers in some markets continue to put pressure on home prices.

Read on for all of the numbers.

Corporate Settlement Solutions, an Ohio-based provider of real estate settlement solutions, recently released results from its mid-year analysis of the types of valuation products that lenders are using to originate home equity loans.

Part II of Valuation Review’s cover story from the 2024 “Appraisal Technology” in-depth report highlights more helpful tips for appraisers continuing to navigate through advanced technology for real and commercial real estate properties.

Data collection will continue to be relevant moving forward.

Read on for this article's conclusion.

In last year’s Real Estate Compliance Outlook special report, we made reference to the idea of fairness as a desired expectation both appraisers and the Consumer Financial Protection Bureau (CFPB) hope can be recognized.

One year later, based on comments by the CFPB, that expectation remains.

KBRA, a full-service credit rating agency, recently released research on appraisal reduction amounts, which have climbed in tandem with delinquency rates.

Just like anyone in business, appraisers look for any advantage to give them the edge in order to satisfy the needs of the client as well as maintain a level of compliance.

Valuation Review spoke with experts in the profession to examine how technology is more important than ever as the profession continues to add tools for appraisers to make the job a little easier and to help meet the needs of complex assignments.

Read on for Part I of this article.

The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury recently announced new actions to provide more interest rate certainty for state and local Housing Finance Agencies that use the Federal Housing Administration’s risk sharing initiative with the Federal Financing Bank to finance new construction of affordable housing.