Remove 2009 Remove Clients Remove Contracts Remove Valuation
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Supreme Court orders review of recession-era class action against Rocket

Housing Wire

million stemming from allegedly tainted appraisals for 2,769 mortgage loans Quicken Loans originated from 2004 to 2009. The facts of this case are clear, and demonstrate that our practices were compliant and that the refinance loans we provided benefited our West Virginia clients,” a Rocket spokesperson said.

Appraisal 401
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Good Service Is Sustainable

Appraisal Buzz

The company launched VRM University (VRMU) in 2009, offering “specialized training for financial services and real estate professionals.” His company, PCV Murcor] was one of the few valuation companies that you didn’t hear any bad things about.” When we speak to prospective clients, we share our numbers,” said Travis-Johnson.

Training 221
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Experience Matters

Town & Country Residential Appraisals

When making a decision to contract just about anyone to perform a service, one of the most important qualifiers for most is the experience one brings to the table. You really don’t want someone building your deck who has never built one before or replacing your transmission if they have never worked on cars.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

which can relate to valuation. He remembered me from Valuation 2000. My personal comments: George called me before the first Appraisal Summit on December 9-11, 2009. Which is MOST important for building strong appraisal-client relationships? . • Compliance with the Equal Credit Opportunity Act. They provide CMAs, etc.,

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Too many appraisers?

Appraisal Today

Here we consider how these “frictions” will behave as appraisal demand has dropped, just as each of the five forces have found ways to reduce or “eliminate” the need for valuation expertise. Recall the five forces of friction: practices, standards, education, regulation, and client expectation. Good Fees, No AMCs, No CU, No UAD!

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Appraiser Salaries

Appraisal Today

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. ” That means appraisers in affected areas should let clients know that certain assignments may be on hold for now.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true.