Business Contracts Loan Officers Valuation 
Housing Wire
SEPTEMBER 7, 2023
Probably about 60 to 70% of our business comes from referrals from our previous clients,” Chris Gallo, a top producing LO in New Jersey, said. Attorneys, Realtors and clients are a big part of our repeat business.” Finding reliable lending partners takes time and some trial and error, but once established is often the lifeblood of LOs.
Housing Wire
JUNE 30, 2021
PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Not to mention, some appraisers have contracted with PCV Murcor for over 20 years.
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Housing Wire
APRIL 13, 2021
Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing.
Appraisal Buzz
MAY 17, 2021
This left the appraiser wide-open to being a target of “a series of errors” that affected the credibility of the valuation results. Just because appraisers are busy does not mean anyone can relax their due diligence. Between 2002-2005 in many markets, the real estate market was scorching, much like it is today.
Appraisal Today
MAY 10, 2024
This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.” The mortgage loan officer handling the loan? These appraisals kept appraisers busy. Was it the borrower?
Annarbor Appraisal
SEPTEMBER 6, 2020
The appraisal is for their benefit, but at the same time, the appraiser needs to complete a fair and supportable valuation. When a sale is involved, the valuation may be lower than contracted price. Most appraisers will respond to the ROV as a normal part of their business. Do not be confrontational.
Birmingham Appraisal
FEBRUARY 8, 2023
Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not. If you were buying a home and the loan officer told you that they needed to get an appraisal this is what they were talking about.
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