Housing Wire
OCTOBER 20, 2021
Less than one month after launching operations , the private holding group StoicLane – the backers of Interfirst Mortgage – has acquired control of the appraisal management company Lender’s Valuation Services (LVS). The team co-founded several companies and, since 2004, they claim to have created $4 billion in equity value to investors.
Housing Wire
JANUARY 13, 2022
The Supreme Court weighed in on a class action lawsuit against Quicken Loans , now Rocket Mortgage , regarding its appraisal practices during the financial crisis, delivering a procedural win for the mortgage lender. million stemming from allegedly tainted appraisals for 2,769 mortgage loans Quicken Loans originated from 2004 to 2009.
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Appraisal Today
APRIL 19, 2024
Appraisal Institute Counters Flawed Appraiser Bias Narrative Excerpts: In reality, appraisers have a great story to tell, but we have a long way to go to refocus the terribly flawed “appraiser bias” narrative onto facts and science. Industry groups should also step up to support appraisers. It is human nature.
Appraisal Buzz
FEBRUARY 14, 2022
This article was originally published on the Sacramento Appraisal Blog here. So as an appraiser I need to be careful about crossing boundaries when choosing comps because prices might be different on the other side of a street. This is clear when looking at development on Broadway, but it’s also apparent on this graph.
McKissock
SEPTEMBER 15, 2020
When it comes to appraisal violations , certain minor violations are very common. In this article, I outline several examples of less serious breaches of development STANDARD 1 and reporting STANDARD 2—and a few other types of violations, too. Failure to disclose appraisal assistance. Failure to analyze sales history.
McKissock
AUGUST 11, 2020
As a professional appraiser, you don’t want to have a disciplinary complaint filed against you, and you certainly don’t want to be the subject of a complaint that results in disciplinary action. Here are several do’s and don’ts to help you avoid situations that may get you into trouble as a real estate appraiser.
Housing Wire
SEPTEMBER 15, 2021
As the housing economy becomes increasingly digital, appraisal modernization may hold the key to not only providing a better experience for borrowers and lenders but also reducing potential appraisal bias. Robinson is also the former FHA Subcommittee chair for MBA and serves on numerous housing policy working groups. .
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