Housing Wire

AUGUST 3, 2022

National appraisal management company Class Valuation is extending its reach, with the acquisition of yet another appraisal management company. Class Valuation said it would bring on AppraisalTek’s 75 full-time employees. AppraisalTek was founded in 2003 by Robert Oglesby. AppraisalTek was founded in 2003 by Robert Oglesby.

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Appraisal Buzz

NOVEMBER 3, 2021

Joan Trice, Founder and President of the CRN states, “gross living area (GLA) is one of the most important inputs in a valuation report. As the appraisal process is undergoing major shifts towards modernization and new levels of automation, this void was ripe for a solution. The adoption of ANSI is a critical step in that direction”.

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Housing Wire

DECEMBER 31, 2021

The second-lowest LO turnover rate was in 2003, at 31%. Higher mortgage rates mean fewer prepayments and a longer revenue stream of servicing fees combined with higher mortgage servicing right valuations,” Walsh said. Meanwhile, in 2020, LO turnover was the lowest in the survey’s history, at 21%, the MBA found.

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Appraisal Today

AUGUST 5, 2022

Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes.

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