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January 27, 2020

Valuation Review Edition
January 27, 2020
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Industry reveals resolutions, hopes for 2020
Posted Date: Thursday, December 26, 2019

Valuation Review shares with its audience what many in the appraisal profession are hoping becomes a reality for the New Year.

What would industry veterans like to see attempted as we officially turn the calendar page this evening at midnight?

Read on to find out what plans appraisers are hoping for over the next 12 months.


Appraisers: Your destiny is in your hands
Posted Date: Monday, January 6, 2020

For as many reasons as some might have to criticize or avoid the appraisal profession, there are just as many theories as to why one would choose a career in valuation and to stay with it reaping all of the benefits available.

Dustin Harris (“The Appraiser Coach”) joins us again to share his thoughts on appraisers, who if they look deep enough, can see all of the opportunities right in their sights.

Read on to find out more from Harris.


Sherman takes hold of the AI presidency
Posted Date: Wednesday, December 18, 2019

Jefferson L. Sherman, of Highland Heights, Ohio, begins his one-year term as president of the Appraisal Institute (AI) on Jan. 1.

In its annual sit-down with the organization’s new leader, Valuation Review spoke with Sherman about his goals and vision for the appraisal industry during the 2020 year.

Read on to learn what the AI president-elect had to say.


Best friends working to change commercial appraisal industry
Posted Date: Tuesday, December 31, 2019

John Meadows and Noah Isaacs not only are friends, but business partners as co-founders of Bowery Valuation.

In starting their own commercial business, the two set out to change this side of the appraisal fence by updating the overall needs of the commercial appraiser.

Valuation Review spoke to Meadows and Isaacs to learn more about their quest to change for the better.


Definition of ‘foot’ measurement set to change
Posted Date: Tuesday, December 31, 2019

In elementary school, we were all taught 12 inches equals one foot.

That might not be the case anymore. In the next two years, a regulatory change could force appraisers and surveyors to adjust their measurements on properties because the definition of a foot would be different.

Read on for more details about this change.


Appraisers: How secure is your data?
Posted Date: Wednesday, January 8, 2020

Over the course of 2019, more and more companies were compromised by hackers tapping into their personal business systems.

How much security can appraisers have when it comes to their data compiled for clients? Valuation Review spoke with two executives from TrustFoundry and Punctual Abstract who may have some solutions all businesses would welcome.

Read on to find out what we learned.


Bill to affect lending practices in Nevada
Posted Date: Tuesday, December 31, 2019

In a change positively impacting lending in Nevada, lenders who are unlicensed in the state of Nevada may conduct transactions through a licensed mortgage broker in the state, effective Jan. 1, 2020. Read on to learn more.


ASC offers FAQs on temporary waiver authority
Posted Date: Thursday, December 26, 2019

The Appraisal Subcommittee developed a document of Frequently Asked Questions on temporary waiver authority.

Among the issues addressed were: If a temporary waiver is granted, can it be limited to a specific area within a state?

Read on to find out the answer to that question, as well as others to help guide appraisers through the process.


Commercial company reports growth for 2019
Posted Date: Tuesday, December 31, 2019

BBG recorded another year of impressive growth in 2019.

As a result of its increased presence in key markets, new and expanded services, and the addition of several high-level executive appointments to its growing team of the industry’s best talent, the company announced in a release.

Read on to learn more.


AI elected 2020 officers in place
Posted Date: Wednesday, January 8, 2020

As Jefferson Sherman takes over the presidency of the Appraisal Institute (AI), other elected AI officers for 2020 are in place as well. Read on to find out who comprises the panel.


Appraisal organizations finalize monitoring program
Posted Date: Monday, January 6, 2020

The American Society of Appraisers, the American Institute of CPAs and the Royal Institution of Chartered Surveyors finalized the Quality Monitoring Program for the Certified in Entity and Intangible Valuations credential. Read on to learn more.


Freddie forecast suggests optimism for 2020
Posted Date: Tuesday, December 31, 2019

According to Freddie Mac’s December Forecast, the housing market will continue to stand firm as home sales increase from 6.0 million in 2019 to 6.2 million in 2020 and, to 6.3 million in 2021. Read on to learn more.


Delinquency rates decline
Posted Date: Monday, January 6, 2020

The CoreLogic Loan Performance Insights report features an interactive view of its mortgage performance analysis through September 2019. Read on to learn all of the numbers and hear what CoreLogic executives had to say.


Origence receives Day 1 Certainty certification
Posted Date: Thursday, December 26, 2019

Origence announced its mortgage lending platform has received certification from Fannie Mae's Day 1 Certainty program. Read on for more details.


Top lending tech companies partner to utilize AVM
Posted Date: Wednesday, November 13, 2019

Two top lending technology providers formed a partnership further streamlining lender access to all the digital tools it takes to underwrite, approve and service real estate loans. Read on to learn more on how this integration will enhance commercial evaluations.


Bunton says being part of solutions is the way to grow
Posted Date: Monday, January 13, 2020

The Appraisal Foundation (TAF) continues its commitment to working hand-in-hand with the Appraisal Standards Board in providing clarity for appraisers.

Clarity as it pertains to the Uniform Standards of Professional Appraisal Practice and the ultimate goal of public trust advocacy.

TAF President David Bunton speaks to more ways the appraisal profession can flourish in 2020.


IAAO 2020 president assumes the reins
Posted Date: Monday, January 13, 2020

Polk County (Iowa) Chief Deputy Assessor Amy Rasmussen assumed the presidency of the International Association of Assessing Officers (IAAO) on Jan. 1.

Valuation Review reached out to Rasmussen for some additional thoughts about her new role.

Read on to hear more from the IAAO president as she outlines her plans for the next 12 months.


Valuation company adds to Illinois staff
Posted Date: Monday, January 13, 2020

Newmark Knight Frank expanded its valuation and advisory practice with the addition of 10 valuation professionals. Read on to learn more.


CUNA, trades call for review of FHA suits
Posted Date: Monday, January 13, 2020

The Credit Union National Association and several financial services trade organizations petitioned the U.S. Supreme Court to review cases involving Fair Housing Act (FHA) claims filed by municipalities. Read on to learn more details and find out what specific cases are under review.


Agreement to benefit Georgia appraisers
Posted Date: Monday, January 13, 2020

FMLS and DataMaster announced a new exclusive partnership benefiting Georgia appraisers. Under the agreement, appraisers who are FMLS members will gain access to DataMaster as a free benefit. Read on to learn more.


New cloud-based technology improves valuation process
Posted Date: Wednesday, January 8, 2020

Valuation Review spoke with Global DMS President and CEO Vladimir Bien-Aime about the company’s new EVO-Residential (EVO-Res) platform.

The device is designed to change how lending and real estate entities manage valuations.

Read on to understand the impact EVO-Res will have on appraisers.


Redfin improves accuracy of AVM
Posted Date: Wednesday, January 8, 2020

Redfin has improved the accuracy of the Redfin Estimate and expanded coverage to five new metro areas and several additional property types, including land and multi-family properties. Read on to learn more.


Exceleras addition making things better for investors
Posted Date: Wednesday, January 8, 2020

Exceleras has added a new Pre-REO screen to DispoSolutions to aid investors and services in making better presale decisions as part of the company's regularly scheduled software update. Read on to learn more.


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