Housing Wire

MAY 11, 2021

This is why most automated valuation models (AVM) default to assessing “average” quality and condition. It is feasible to obtain details on a property’s quality and condition; Fannie Mae and Freddie Mac have even established specific definitions for rating and standardizing these factors.

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Valuation Inspection Renovations Appraisal 384

George Dell

MAY 4, 2022

Fairness, on the other hand is elusive, demanding definition. EBV (Evidence Based Valuation)© (or EBA, […]. Diversity can be a goal in itself when diversity means breaking down barriers of groupthink and apathy. An expansive concept. Fairness depends on the very point of view it attempts to define.

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Valuation 195

Housing Wire

FEBRUARY 7, 2024

I do think it’s going to be slower than maybe what certain people hope, but I do believe that 2024 is definitely going to be a better year for mortgage production,” Santoro said. Looking ahead, Santoro said he expects more activity in the mortgage origination sector in 2024. “I The company’s stock traded at $10.11

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Valuation Business Mortgage Loan Officers 421

Housing Wire

OCTOBER 11, 2023

In its 9th year, the HousingWire Vanguards award offers a definitive list of the top leaders in housing who are shaping the housing economy for the better. The forward-thinkers and trailblazers who are shaping the industry through their unwavering commitment, transformative ideas and steadfast dedication to driving growth and positive change.

Realty 466

Realty Real Estate Technology Lending 466

Housing Wire

APRIL 23, 2024

“You have this market dynamic where valuations are down; you have a ton of fragmentation. We’re definitely evaluating all opportunities in service to our strategy.” .” “That means that we are able to be open to opportunities,” he said.

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Tools Clients Investing Finance 420

Housing Wire

AUGUST 5, 2021

How fine-tuning MSR valuations can help lenders improve decision-making. If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability.

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Mortgage Valuation Housing Market Renovations 527

Appraiserblogs

APRIL 28, 2022

Race is NEVER considered during a valuation Last week in a congressional hearing on the future…. The broad definition of an algorithm according to Merriam Webster’s Dictionary is “a…. This person’s, Dr. Elizabeth Korver-Glenn, PhD, work is one of the key reasons why there is so much chatter about racist appraisers in the US.

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Modernization Valuation Home Value Appraisal 119

Appraisal Buzz

JUNE 7, 2021

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Can’t make the time? Register to receive the full recording in your inbox as soon as it’s over!

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Training Reconsideration of Value Valuation Clients 366

Appraisal Buzz

APRIL 25, 2022

In traditional valuation dogma, the next step is picking comps. Traditional valuation: “Always pick comps either inside, or outside the neighborhood.”. Evidence-Based Valuation: The ideal data set is the Competitive Market Segment (CMS)©. In EBV (Evidence Based Valuation)©. Pick comps. Except when it is not!

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Valuation Appraisal Training Design 150

Appraisal Buzz

JUNE 27, 2022

Class Valuation, McKissock, and DataMaster are hosting a Free webinar on “ Staying Relevant in the Appraisal Industry ” June 28th at 2 pm with Mel Black, Matt Simmons, Jared Preisler, and Lamar Ellis. Lamar: I have over 30 years of real estate valuation experience and hold the Appraisal Institute designations of MAI and SRA.

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Appraisal Inspection Valuation Real Estate 195

Valuation Review

DECEMBER 15, 2021

At the 2021 Appraisal Summit conference in Las Vegas, Valuation Review attended the “Addressing Bias in Real Estate & Promoting Fair Housing” session. Industry veterans offered specific definitions for clarity, as well as what programs are available for the industry to tackle this problem.

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Valuation Review Appraisal Valuation Real Estate 78

Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. Quality Control and Quality Assurance .

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Real Estate Lending Valuation Appraisal 221

Valuation Review

SEPTEMBER 8, 2021

a diversified REO/asset management and valuations company, recently signed a definitive agreement to acquire Keystone Asset Management, Inc., LRES Corp., a Pennsylvania corporation, LRES announced in a press release. The deal was expected to be completed September 1, 2021. Read on for more details about this acquisition.

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Valuation 78

Housing Wire

FEBRUARY 10, 2021

Lender Sierra Pacific Mortgage (SPM) announced Wednesday it will use CoreLogic’s collateral valuation platform in order to streamline future home appraisals. Sierra Pacific Mortgage, a California-based nationwide direct lender licensed in 49 states, has been searching for ways to increase underwriter productivity since 2018.

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Appraisal Appraisal Process Inspection Valuation 384

Valuation Review

JULY 7, 2021

Commercial real estate services firm JLL offered more insight to Valuation Review from its recently released JLL Seniors Housing & Care – Investor Survey and Trends Outlook. COVID-19 vaccine availability will have a definitive impact on the status of the market, JLL revealed.

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Valuation Review Marketing Valuation Real Estate 78

Padove Appraisal Service

DECEMBER 2, 2022

Even if this period is short, the valuation date needs to be exact. When the appraisal is being used for estate tax calculations, use of the Internal Revenue Service’s definition of value is needed. This definition requires specific statements and certifications. The right date of value will ensure proper settlement.

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Appraisal Valuation Insurance Mortgage 148

Housing Wire

MARCH 30, 2021

. “So we’re seeing activity, the pipeline of sellers is growing and the key is going to be just getting to the right valuation point…we’re very careful about price considerations and want to make sure that anything that we’re considering will definitely be reasonable.”

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Mortgage Retail Valuation Lending 397

Housing Wire

MAY 2, 2021

As many real estate professionals saw firsthand, the valuation process was disrupted by the coronavirus pandemic. Our solution brings back the notion of ‘arms-length’ images to a remote inspection process, which is something the industry definitely needs right now.”. Mark Walser, President of Appraisal Management.

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Inspection Appraisal Real Estate Agent Technology 370

Appraisal Buzz

AUGUST 1, 2022

Below is the definition from Webster’s online dictionary of the plain meaning rule: Plain meaning rule. Below is the definition from Webster’s online dictionary of the plain meaning rule: Plain meaning rule. With that defined, let’s look at the definition of summary: Summary. adjective. i] [link]. [ii]

Valuation 360

Valuation Contracts Appraisal Legal 360

Appraisal Buzz

NOVEMBER 15, 2021

We are pleased to have Matt Simmons, partner of Maxwell, Hendry & Simmons, offer a periodic collection of observations on what’s going on in the valuation world. We shouldn’t change the definition of the problem we’ve been asked to solve just to make something easier on us. That’s self-serving.

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Appraisal Valuation Finance Clients 435

Housing Wire

JUNE 14, 2021

When you ride through a neighborhood, and there are guys smoking something midday that are definitely of employment age. But he acknowledges that social observations enter into his calculations. Where the lines are drawn are where the employment rates are out of balance. Turner & Co since 1990.

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Appraisal Real Estate Legal Valuation 458

Housing Wire

AUGUST 6, 2020

Ellie Mae announced Thursday it entered a definitive agreement to be acquired by Intercontinental Exchange for approximately $11 billion. The move comes 15 months after Thoma Bravo , a private equity investment firm, announced it would acquire Ellie Mae in an all-cash transaction of $3.7

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Supply Chain Mortgage Technology Valuation 531

Walitt Solutions

MAY 17, 2024

” But to an appraiser, users of appraisal services, and regulatory agencies in the valuation space, “personal inspection” takes on a very specific meaning. We know, for example, that the definition does not relate to observing other properties that are not the subject property.

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Inspection Clients Appraisal Appraisal Process 57

Cleveland Appraisal Blog

JULY 6, 2022

The 2021-2022 edition of USPAP defines a “Personal Inspection” of a property being appraised as follows: “A physical observation performed to assist in identifying relevant property characteristics in a valuation service.” What is a Valuation Model? a structural engineer, home inspector, or art conservator.”).

Inspection 369

Inspection Appraisal Technology Clients 369

Housing Wire

JANUARY 31, 2022

Services, Cloudvirga, Pro Teck Valuation Intelligence, Signature Closers, United States Appraisals, Informative Research, PropStream, and NotaryCam. We’re definitely excited about what we’ve accomplished and where we’re going.”. Industry leaders it has added to its portfolio to expand service capabilities include A.S.K.

Real Estate 384

Real Estate Technology Investing Valuation 384

Housing Wire

APRIL 17, 2023

Today, we can’t justify the expense to implement that technology , but in the future, if we see enough demand, we’d definitely consider it. Finally, as long as servicing valuations remain high, and origination volume stays at current depressed levels, we’ll see a fair amount of MSR trades to help lenders meet the bottom line.

Loan Officers 384

Loan Officers Investors Valuation Real Estate 384

Appraiserblogs

MARCH 14, 2022

Related Posts: USPAP Definitions of 'His' and 'Her' The USPAP Exposure Draft Process Continues To Step Outside Their Purpose With Her / Him as the new ‘Misleading’ Debacle…. TAF Is About To Get PAVEd The current administration is addressing the lack of diversity in housing valuation head-on with the formation of an interagency task….

Real Estate 78

Real Estate Appraisal Property Appraisal Valuation 78

Housing Wire

MARCH 16, 2022

At the time, the cloud services provider said that their systems were inaccessible and that there was no definitive restoration timeline. We’re going to reach a potential tipping point where the cost of prevention is going to outweigh the valuation of some organizations based on their size.”.

Mortgage 384

Mortgage Marketing Lending Loan Officers 384

Housing Wire

APRIL 6, 2021

How hybrid title and valuations help increase lending efficiency. It was definitely a rush job! One California-based real estate agent who originates her own loans told HousingWire that she believes appraisers are being far too conservative in this high-octane market, and are also using bad comps. Streamline by combining services.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

AmeriMac

DECEMBER 30, 2023

We will start with the definition and purpose of these appraisals, followed by how they work, the factors considered in them, and preparing for an appraisal. Definition and Purpose of REO Appraisals REO appraisals play a crucial role in establishing the market value of homes, especially during the foreclosure process.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Cleveland Appraisal Blog

JUNE 18, 2022

In high-stakes eminent domain cases, where valuation opinions diverge to a significant degree, an appraiser must be prepared to zealously defend the opinion being given under what can sometimes be grueling cross-examination by the other side’s lawyer.

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Appraisal Law Development Valuation 309

Appraiserblogs

FEBRUARY 27, 2023

The broad definition of an algorithm according to Merriam Webster’s Dictionary is “a… Only Blacks Need Apply. When we take a look in the mirror, we are forced to confront our flaws and shortcomings, but also to recognize our strengths and achievements.

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Modernization Appraisal Law Valuation 122

Housing Wire

APRIL 22, 2024

Always include your contact information and a call to action, such as an offer for a free home valuation. In this complimentary meeting, we’ll go through your property, and I’ll give you my expert recommendations on repairs to make, renovations that’ll provide the best return, and, of course, a current market valuation of your property.

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Real Estate Open Houses Brokerage Real Estate Agent 440

McKissock

OCTOBER 17, 2021

This post explores the definition of cap rate, why some people use it to value investment real estate , and whether it’s the best way to determine the value of a rental property. How does capitalization rate rank among other valuation methods? There are a variety of other valuation methods you can use. But what does that mean?

Investing 85

Investing Real Estate Finance Valuation 85

The Robert Weiler Company

APRIL 20, 2021

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need. So, how are businesses valued?

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Valuation Business Buyers Market Value 147

Valuation Review

JULY 14, 2021

CoreLogic recently announced a definitive merger agreement to acquire all outstanding shares of ClosingCorp. The transaction is expected to close in the third quarter of 2021 subject to regulatory approvals, and other customary closing conditions, the company announced in a release. Read on for more details.

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Cleveland Appraisal Blog

SEPTEMBER 2, 2022

One definition of the word reconcile in Dictionary.com is “to bring into agreement or harmony; make compatible or consistent.” 10 Tips to Avoid a Low Valuation – Lori Lovely with HomeLight. What does the appraiser do with the three different values that may be developed? I hope you will also… .

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Development Appraisal Market Value Valuation 337