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News By Edition
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Valuation Review Edition
September 30, 2024
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Veteran appraiser, business owner discusses calculating adjustments, mentoring
Posted Date: Wednesday, September 18, 2024
Valuation Review sat down with Scott Cullen, a certified residential appraiser from Minnesota (Eagan) at the 2024 Valuation Expo from Caesars Palace in Las Vegas.
Cullen, in addition to co-owning a web-based calculator suite business, Solomon, also has found success mentoring appraisers.
Read on for our conversation from Las Vegas.
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‘Appraisers want to know the why,’ conference organizer says
Posted Date: Wednesday, September 18, 2024
Valuation Review recently attended the Valuation Expo conference at Caesars Palace in Las Vegas.
We sat down with Karen Connolly, conference organizer and vice president of operations at Storyboard EMP, to discuss the exhaustive planning that goes into Val Expo.
Read on for Connolly's assessments of this year's Val Expo.
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Appraiser trainee, ADI scholarship winner speaks to his journey on the valuation road
Posted Date: Monday, September 23, 2024
Courtney Daniels, a young appraiser trainee from Maryland, spoke with Valuation Review at the 2024 Val Expo conference from Caesars Palace in Las Vegas.
Daniels, a recipient of the Appraisal Institute’s Appraiser Diversity Initiative Scholarship, outlined his path to a career in appraising.
Read on for more of this exclusive conference story.
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CEO speaks to the business of education for appraisers
Posted Date: Monday, September 23, 2024
At the 2024 Valuation Expo conference from Caesars Palace in Las Vegas, Valuation Review sat down with StoryboardEMP CEO/Partner Jim McLeod, who shared his vision of combining business and education for appraisers.
McLeod emphasized education is “paramount” for the appraisal industry to attract new, younger appraisers.
Read on for the full conversation from Las Vegas.
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Freddie Mac names new leader
Posted Date: Monday, September 23, 2024
Freddie Mac recently announced its board of directors selected a real estate and financial services industry veteran to serve as the company’s CEO, effective immediately.
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Valuation firm acquires Acuity Advisors
Posted Date: Wednesday, September 18, 2024
Marshall & Stevens, Inc., an independent valuation advisory, litigation support, and investment banking firm, recently announced the acquisition of Acuity Advisors. Acuity is the sixth distinguished valuation and transaction advisory firm recently acquired by Marshall & Stevens.
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Company dealing with valuations announces appraisal hire
Posted Date: Wednesday, September 11, 2024
The Loeb team monetizes industrial assets through financing, valuations, auctions, acquisitions, and sales.
The team recently recently announced the hiring of a new appraiser.
Read on to learn the identity of this new hire.
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Bill proposes positive rental payments for multifamily borrowers
Posted Date: Monday, September 16, 2024
A bill introduced by Sen. Jon Ossoff (D-Ga.) would require positive rental payments to be considered by certain owners of multifamily buildings, aimed at providing additional avenues of affordable housing to consumers.
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Zillow: AI-powered home search gets smarter
Posted Date: Wednesday, September 18, 2024
AI-powered search experience is getting an upgrade. Now buyers and renters can search for their next home using simple, everyday language in even more ways, including by commute time, affordability, schools and nearby points of interest, according to a Zillow analysis.
Through natural language search, Zillow analyzes millions of listings to deliver the most relevant homes or rentals personalized to the user's preferences.
Read on to learn more.
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HUD updates lower housing costs regulations
Posted Date: Monday, September 23, 2024
The U.S. Department of Housing and Urban Development recently announced the most extensive update to the Manufactured Home Construction and Safety Standards in more than three decades, including 90 new or updated standards.
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CoreLogic: S&P Case-Shiller Index hits all-time high for June
Posted Date: Wednesday, September 11, 2024
The June 2024 results for the S&P CoreLogic Case-Shiller Indices, covering all nine U.S. census divisions, reported a 5.4 percent annual gain.
This shows a decline from a 5.9 percent annual gain in the previous month.
Read on for more details.
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New data company to focus on AI usage
Posted Date: Monday, September 16, 2024
Valuation Review was contacted by a group of financial services executives who recently launched a data science company that uses artificial intelligence and experienced business analysts to pull actionable insights from very large data sets.
The company will initially work with business coaches and consultants who need additional data.
Read on for more details.
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CoreLogic appoints chief data officer
Posted Date: Wednesday, September 18, 2024
CoreLogic recently announced the appointment of Malliga Krishnan as chief data officer, a strategic addition to the executive team that underscores the company’s industry leadership in delivering the next generation of data products.
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More reaction on departure of AI CEO from AI president, long-time member
Posted Date: Monday, September 23, 2024
Valuation Review reported that on the morning of Sept. 13, Cindy Chance no longer held the position of CEO of the Appraisal Institute (AI). It remains unclear as to whether the departure was Chance’s decision or AI’s.
We reached out to AI President Sandra Adomatis for additional comments, in addition to being contacted by a veteran appraiser and long-time member of AI who shared his thoughts.
Read on to find out what we were told.
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FFIEC to sunset cybersecurity assessment tool next year
Posted Date: Monday, September 23, 2024
The Federal Financial Institutions Examination Council (FFIEC) announced it plans on sunsetting its Cybersecurity Assessment Tool (CAT) on Aug. 31, 2025. The CAT has been helping financial institutions identify their risks and determine their cybersecurity preparedness since it was released in June 2015 as a voluntary assessment tool.
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AI hit with leadership shakeup
Posted Date: Monday, September 16, 2024
On the morning of Sept. 13, the Appraisal Institute (AI) found itself dealing with a key absence.
It was announced Cindy Chance will no longer be fulfilling the role of organization CEO.
Read on for more.
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