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Industry veteran continues to help grow the appraisal profession
Posted Date: Monday, November 11, 2024
After 15 years spent with the ASA organization, John Russell is keeping his focus on appraisers by starting the company ValuSight Consulting, which helps individuals understand the many opportunities available to them to further grow in their business.
Valuation Review spoke with Russell about navigating artificial intelligence tools in the appraisal space, in addition to, as he puts it, helping inform appraisers what their “next” can look like.
Read on to learn more from our conversation.
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Experienced appraiser, business owner and advocate for diversity stays busy
Posted Date: Wednesday, November 13, 2024
For another installment of our “Women in Appraising” series, Valuation Review spoke with Ayako Marsh, a business owner and certified residential appraiser.
Marsh, who lives in Atlanta, has been an appraiser for 22 years with expertise in appraising and diversity while providing services through consulting, training and public speaking.
Read on for the full story highlighting another successful woman appraiser.
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Business owner inviting appraisers to ‘elevate’ their careers
Posted Date: Wednesday, November 13, 2024
Earlier, Valuation Review introduced Velox Valuations, an appraisal firm offering franchise opportunities nationwide.
We caught up with Certified Appraiser Casey Mann, the first Velox Valuations franchise owner, who shared more details about the company and its vision for the future appraiser.
Read on for the full conversation with Mann.
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Appraisal organizations respond to FHFA appraisal waivers
Posted Date: Wednesday, November 20, 2024
The Federal Housing Finance Agency’s recent decision to expand appraisal waivers for high loan-to-value loans by Fannie Mae and Freddie Mac has raised concerns within the appraisal industry.
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ValueScape addresses appraisal bias with AI, data science
Posted Date: Wednesday, November 13, 2024
Appraisal bias has come under an increasingly bright spotlight within the valuation profession over the past several years. ValueScape, an artificial intelligence and data science company providing compliance management services to the housing and mortgage industries, is looking to address that issue.
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ASA announces departure of CEO
Posted Date: Monday, November 11, 2024
The American Society of Appraisers announced Lana Vukovljak is no longer serving as CEO of the organization.
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‘Behind the scenes’ is the preferred position for this industry veteran
Posted Date: Wednesday, November 6, 2024
Teresa Walker, executive director of the National Association of Appraisers, has devoted over 26 years to the appraisal profession.
Setting the standard for commitment to appraiser excellence and education, Valuation Review is proud to include Walker in our “Women in Appraising” series.
Read on for the full conversation.
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Some answers for appraisers asking ‘why?’
Posted Date: Monday, November 18, 2024
At the 2024 Val Expo conference in Las Vegas, a panel discussion took place to address specific inquiries appraisers have.
Valuation Review was in attendance to get some answers.
Read on for the full conference feature.
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CoreLogic: HPI shows continuous slowdown
Posted Date: Wednesday, November 20, 2024
CoreLogic recently released its Home Price Index (HPI) and HPI Forecast for September.
The U.S. home price growth continued to cool, slowing to 3.4 percent year-over-year for the month analyzed.
Read on to learn more.
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ClearValue Consulting, Restb.ai form partnership
Posted Date: Monday, November 11, 2024
ClearValue Consulting recently announced a strategic partnership with Restb.ai to integrate Restb.ai’s advanced computer vision technology into ClearValue’s valuation review platform.
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Clear Capital introduces tech to streamline valuation process
Posted Date: Wednesday, November 6, 2024
Clear Capital recently announced the launch of its Clear Capital Product Portal, a self-service platform that removes friction from the valuation process by allowing customers to order Clear Capital products quickly and easily.
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FHFA enabling Fannie, Freddie to expand support for rural housing
Posted Date: Wednesday, December 4, 2024
The Federal Housing Finance Agency recently announced it will allow greater rental housing support from Fannie Mae and Freddie Mac by raising the multifamily loan purchase cap for each Enterprise to $73 billion, a more than 4 percent increase from 2024.
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AnnieMac Home Mortgage expands
Posted Date: Wednesday, December 4, 2024
AnnieMac Home Mortgage recently announced the expansion of its Cash2Keys Cash Offer platform to include FHA loan eligibility, broadening access to competitive cash offers for a larger number of buyers.
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Appraiser notes footwear makes a difference, and the ‘eyes’ have it
Posted Date: Monday, December 2, 2024
For the final advice in 2024 from Dustin Harris, “The Appraiser Coach,” the veteran appraiser shares simple thoughts and ideas from his blog posts.
Thoughts from “A New Pair of Shoes Can Change Your Life” and “What Can You Learn from a Follow-Up Eye Exam” are highlighted.
Read on for more appraisal tips.
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Texas homebuilders taking advantage of new technology
Posted Date: Monday, December 2, 2024
In Texas, more than two dozen production homebuilders are turning to new technology that includes generative artificial intelligence.
This is to accelerate their sales as they transform the way they manage promoting their homes for sale in the local Multiple Listing Service.
Read on to learn more.
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Commercial firm announces Midwest expansion
Posted Date: Monday, December 2, 2024
Standard Valuation Services, a private company specializing in commercial real estate appraisals and consultation, recently announced an expansion of its Chicago and regional operations.
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AI releases guide for valuing religious properties
Posted Date: Monday, December 2, 2024
The Appraisal Institute recently announced the release of “A Guide to Appraising Religious Properties,” which is authored by Bradley Carter, an authority in the field of property valuation.
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Ginnie Mae leader resigns
Posted Date: Monday, December 2, 2024
Ginnie Mae’s acting president, Sam Valverde, who has held the position since May, announced his resignation, effective Nov. 30. Valverde originally joined the organization in 2022 and gained experience as principal executive vice president and chief operating office before becoming Ginnie Mae’s first Latinx leader.
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ICE presents its ‘first look’ at mortgage performances
Posted Date: Monday, November 18, 2024
Intercontinental Exchange, Inc. recently released its “first look” at September 2024 month-end mortgage performance statistics derived from its loan-level database.
The report represents the majority of the national mortgage market. It reveals prepayments at a two-year high with slowly rising mortgage delinquencies.
Read on for more numbers.
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CoreLogic S&P Case-Shiller Index ‘cools’ to 4.25 percent gain
Posted Date: Monday, November 18, 2024
August marked the fifth consecutive month of slowing annual appreciation while home prices continued to hit new highs, according to the CoreLogic S&P Case-Shiller Index.
The report showed a slow decline to 4.25 percent year-over-year gain after peaking at 6.5 percent in both February and March of this year.
Read on to learn more.
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Fannie Mae senior VP shares economic forecast
Posted Date: Monday, November 18, 2024
October Research recently aired the webinar “2024 Economic Forecast Series” featuring Doug Duncan, senior vice president and former chief economist at Fannie Mae. Duncan has been responsible for forecasts and analyses of the economy and the housing and mortgage markets. In this webinar, Duncan provided a look into the latest trends and projections for the housing market.
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