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Sullivan: More efficient appraisers make for successful appraisers
Posted Date: Monday, June 3, 2024
At the 2024 National Association of Appraisers/Appraiser’s Conference and Trade Show, Valuation Review attended the session conducted by Heather Sullivan, head of learning and development at Aloft.
She noted it’s important for appraisers to recognize the depth of their talent and the versatility of their skills and expertise.
Read on for our exclusive conversation with Sullivan from the 2024 ACTS event.
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Appraisers need to prepare should ‘complaint emails’ hit their inbox
Posted Date: Friday, May 24, 2024
At the 2024 National Association of Appraisers/Appraiser’s Conference and Trade Show (ACTS) in Colorado Springs, Valuation Review sat in on veteran appraiser and Walitt Solutions Principal Consultant Josh Walitt’s presentation on what appraisers need for their workfiles, so state inspectors don’t “come calling.”
Colorado state inspectors also shared what they are looking for from appraisers.
Read on for more of this exclusive conference story.
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Veteran appraiser, author and instructor addresses social and science data
Posted Date: Wednesday, May 22, 2024
Brent Bowen, Certified Residential appraiser at Texas Valuation Professionals and an author and instructor, spoke to the scientific side of appraisal work at the 2024 National Association of Appraisers/Appraiser’s Conference and Trade Show in Colorado Springs.
Bowen’s presentation on “The Science of Appraising” addressed how social science and data science have many implications for an appraiser’s everyday practice.
Read on for more from our exclusive conference story.
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ASA names new CEO
Posted Date: Wednesday, June 5, 2024
The ASA recently announced its appointment of a new CEO and executive vice president (EVP).
The ASA has been actively pursuing a replacement for former CEO and EVP Johnnie White, who left ASA to assume duties as the new CEO of the American Association of Clinical Endocrinology.
Read on to learn more details.
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The coach’s game plan for messaging, recruiting talent
Posted Date: Monday, June 3, 2024
For our June installment of helpful tips and advice from Dustin Harris, “The Appraiser Coach,” Valuation Review shared insights from a pair of Harris’ blogs.
The "coach" shares advice from his blogs “What Message Are You Sending” and “Inviting New Talent into Our Field.”
Read on to learn more.
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Bill introduced to improve home appraisal process
Posted Date: Monday, June 3, 2024
U.S. Congressman Sean Casten and Sen. Michael Bennet introduced the Getting Renewable and Energy Efficient Neighborhoods Appraisals Act, legislation to encourage energy-efficient and clean energy features to be considered as part of the residential homebuying and appraisal process.
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Texas chief appraiser facing assault charges
Posted Date: Monday, June 3, 2024
The new chief appraiser for the Ector County Appraisal District is awaiting trial on an aggravated assault charge in Brown County, according to the Odessa American.
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AQB addressing college requirements for appraisers
Posted Date: Wednesday, June 5, 2024
The Appraiser Qualifications Board (AQB) has released a concept paper assessing the college degree requirement in the Real Property Appraiser Qualification Criteria along with reference material which informed the initial paper. This is the first step in the AQB’s comprehensive study of all aspects of the qualification criteria.
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Experts urge industry to respond to CFPB RFI on settlement services costs
Posted Date: Monday, June 3, 2024
The Consumer Financial Protection Bureau has issued a request for information (RFI) on mortgage closing costs, seeking input on how closing costs “may be inflated and constraining” the mortgage lending market.
Richard Horn of Garris Horn LLP and former senior counsel at the bureau shared his initial reaction with sister publication RESPA News, as did Marx Sterbcow of the Sterbcow Law Group.
Read on to learn more.
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CoreLogic: Single-family rental prices show first annual decrease in 14 years
Posted Date: Monday, June 3, 2024
U.S. single-family rent growth continued to slowly increase year-over-year in March to 3.4 percent, according to CoreLogic’s latest Single-Family Rent Index.
After registering a 2.9 percent annual gain in February, attached rental appreciation lost ground in March, posting a -0.6 percent loss.
Read on for more details.
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Fannie Mae expands calculator tool
Posted Date: Monday, May 20, 2024
Fannie Mae recently announced new enhancements to its Income Calculator tool that will help mortgage professionals serve the growing number of mortgage applicants in the U.S. who are self-employed and don’t have traditional sources of income.
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SitusAMC, Snapdocs announce partnership
Posted Date: Monday, June 3, 2024
Digital closing provider Snapdocs recently announced a partnership with SitusAMC to integrate the Snapdocs eVault to SitusAMC’s ProMerit platform.
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‘The Appraiser’s Advocate” outlines more appraisal matters
Posted Date: Wednesday, June 19, 2024
In Part II of our feature, Valuation Review concludes its conversation with Tim Andersen (“The Appraiser’s Advocate”), who outlined his ideas on other appraisal topics.
Andersen spoke about training, technology and the workflow process.
Read on for the conclusion to this story.
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Cushman & Wakefield welcomes new exec, appraiser
Posted Date: Wednesday, June 19, 2024
Cushman & Wakefield recently announced the real estate services firm hired an executive director and an appraiser.
They will be members of the firm’s dispute analysis and litigation support practice.
Read on to learn the identity of these individuals.
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FHFA director to visit affordable Dallas apartment complexes
Posted Date: Wednesday, June 19, 2024
Federal Housing Finance Agency Director Sandra Thompson will join officials from the Federal Home Loan Bank of Dallas to tour Oak Lawn Place, a new affordable housing development serving the aging LGBTQIA+ population in Dallas.
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Los Angeles valuation firm makes key acquisition
Posted Date: Monday, June 17, 2024
Marshall & Stevens recently announced a key acquisition.
The New Jersey-based firm focused on small business association valuations and appraisals with this purchase.
Read on to learn more.
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AQB, ASB seeking candidates
Posted Date: Monday, June 17, 2024
The Appraisal Foundation is looking for candidates to fill positions on the Appraiser Qualifications Board and the Appraisal Standards Board.
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Survey examines best, worst staycation locations
Posted Date: Monday, June 17, 2024
With around 82 percent of Americans planning to travel this summer and high expenses forcing many people to stay home, the personal-finance website WalletHub recently released its report on the best and worst locations for a “staycation.”
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Legislators urge FHFA to reject Freddie Mac second mortgage product
Posted Date: Monday, June 17, 2024
Thirty-four lawmakers urged the Federal Housing Finance Agency (FHFA) to reject Freddie Mac’s proposed second mortgage product, arguing it would have adverse economic implications. The single-family, closed-end loans would be intended to provide borrowers a lower-cost alternative to cash-out refinance in high-interest rate environments.
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CubiCasa forms strategic alliance on floor plan adoption
Posted Date: Wednesday, June 12, 2024
CubiCasa recently announced its new partnership with a multiple listing service provider serving agnts, brokers, appraisers and real estate professionals.
The partnership brings CubiCasa’s scanning app to more than 26,000 agents throughout Colorado.
Read on for more details.
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CoreLogic: Report shows home price increases
Posted Date: Wednesday, June 12, 2024
Home prices nationwide, including distressed sales, increased year-over-year by 5.3 percent in April compared with April 2023.
This is according to the latest CoreLogic Home Price Index Forecast.
Read on to learn more.
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AI releases second video profiling appraisers
Posted Date: Wednesday, June 12, 2024
The Appraisal Institute recently released the second in its series of short videos profiling valuation professionals. Each video highlights their professional commitment to the public trust and their communities, and shows different ways that appraisers bring high-level professional expertise and experience to their work.
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Redfin: Gen Zers, young millennials took out 40 percent of 2023 mortgages
Posted Date: Wednesday, June 12, 2024
Two in five (39.7 percent) new mortgages issued in 2023 went to homebuyers under age 35, and 26.5 percent went to buyers aged 35-44. Next came 45–54-year-olds, who took out 16.1 percent of new mortgages, 55–64-year-olds (10.8 percent), and 65–74-year-olds (5.4 percent).
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