Tue.Dec 15, 2020

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Verisk acquires behavioral tech firm Jornaya

Housing Wire

Data and analytics behemoth Verisk has reached an agreement to acquire behavioral data intelligence company Jornaya , the two companies announced on Tuesday. Verisk, headquartered in Jersey City, New Jersey, will add Jornaya’s proprietary technology – which tracks consumer behavior – into its suite of products geared toward insurance and financial services markets.

Insurance 458
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Appraising Real Estate During a Pandemic

Robinson Appraisal Group

Along with the rest of the world appraisers have had to adapt to all things Covid. Being in an industry where you are entering into homes, being in one another’s personal space and typical interaction has become alarmingly apparent of risks and uncertainty. Appraisers from the beginning of our national lock down were considered essential to continue the momentum of an economy that looked to be headed toward very unstable ground with the shock of the unprecedented closings and shut downs.

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Forbes launches luxury home listing marketplace

Housing Wire

A new, invitation-only home listing platform hit the web last week. Forbes launched a luxury home listing platform which the company says will capitalize on its audience and “connect, inform, and inspire high-net-worth potential homebuyers and sellers” about properties for sale around the world. Forbes Global Properties will be led by Jeff Hyland, president and cofounder of the luxury listing site Hilton & Hyland and Bonnie Stone Sellers, the former CEO of Christie’s International Real

Brokerage 432
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Acquisition of USAMC

Dart Appraisal

AQUISITION OF USAMC. TROY, Mich., Dec. 15, 2020 (GLOBE NEWSWIRE) — Dart Appraisal, a nationwide appraisal management company (AMC), announced that it has acquired USAMC, a nationwide appraisal management company based near Atlanta, GA. This acquisition accelerates Dart’s overall growth strategy and builds upon the previous acquisition of Atlanta-based Valuation Management Group in 2018.

Clients 69
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Realtor.com acquires DIY landlord platform Avail

Housing Wire

Move , Inc., which operates Realtor.com , announced Tuesday it has acquired Avail , a platform that provides online tools, educational content and support for do-it-yourself landlords and tenants. The acquisition expands Realtor.com’s presence in the rental space and augments its current listing content. The terms of the deal were not disclosed. The Avail online platform offers landlords free workflow tools, as well as upgraded functionality and customizations which allow landlords to create and

Landlords 432
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How Does the VA Appraisal Panel Operate?

McKissock

A VA loan permits an eligible veteran to borrow up to 103.3% of the purchase price or the value of the home, whichever figure is lower. The VA uses state-licensed or state-certified appraisers to provide opinions of value for the homes on which it guarantees the mortgages. In order to complete a VA appraisal , you must be on the VA panel. Here’s an overview of how the VA appraisal panel operates.

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RISMedia’s December Digital Magazine

McKissock

At McKissock Learning, we want our customers to have all the resources they need to be successful in real estate. That’s why we’ve teamed up with RISMedia , the leading provider of the most relevant and up-to-date information related to the residential real estate market. As their Strategic Education Partner, we are able to give our customers free access to the digital edition of the RISMedia monthly magazine.

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Top tools for overcoming COVID-19 challenges

Housing Wire

Despite the steady decline in forbearance volumes since the peak in April 2020, 2.7 million homeowners remain on forbearance plans – and more than 78% of them are now in an extension, according to the MBA Forbearance and Call Volume Survey. Homeowners need information about what happens when forbearance plans end, and how they can achieve sustainable homeownership after a COVID-19-related delinquency.

Tools 384
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New home applications drop in November

Housing Wire

New home purchases in November 2020 increased 34.7% from a year ago, but new home applications decreased from October, according to the Mortgage Bankers Association builder application survey. New home applications decreased 16% from October, said Joel Kan, MBA associate vice president of economic and industry forecasting. “November new home sales activity, both mortgage applications and home sales, ran at a pace considerably ahead of 2019, showing the ongoing strong growth in housing demand and

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The nail in the coffin for ending GSE conservatorship under Trump?

Housing Wire

In a letter Monday to U.S. Treasury Secretary Steven Mnuchin, housing industry associations expressed their opposition to a swift end to conservatorship for Fannie Mae and Freddie Mac. The Mortgage Bankers Association , the American Bankers Association , the National Association of Home Builders and the National Association of Realtors sent a joint letter to Mnuchin regarding their concerns about significant market disruptions that could occur if the GSEs are released from conservatorship prior

Investors 526