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Verification solutions provider Xactus acquires MassiveCert

Housing Wire

The acquisition of MassiveCert supports our objective of advancing the modern mortgage by allowing us to more comprehensively address our clients’ flood risk assessment needs,” said Shelley Leonard, president of Xactus. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.

Insurance 333
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Loosening The Knot

Appraisal Buzz

Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people. Imperfect though our efforts may be, we must work to untie the knot of each transaction and of the real estate market as a whole.

Sellers 379
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Ethics is Our Solution

Appraisal Buzz

Many advances have been made over the years to enhance techniques for developing real property valuations. Forty plus years ago I was taught to use building residual techniques to develop investment property valuations. Where does one go to question or clarify AVMs?

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. Failure to analyze the sales history of the subject property. The housing market will figure it out.

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GSEs still shun the low end of manufactured housing

Housing Wire

million Americans who live in homes financed with chattel — about 42% of the manufactured housing market — don’t enjoy the consumer protections that long-established legislative bulwarks afford those with a traditional mortgage. But the government sponsored enterprises may now be on the cusp of entering the chattel market.

Finance 391
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Reconsideration of Value and Appraisers

Appraisal Today

For most Americans, the idea of living in a mansion falls squarely in the realm of the daydream—one perhaps indulged while watching “The Real Housewives of Beverly Hills,” or for those old enough to still hear the unmistakable enunciation of Robin Leach ringing in their ears during an episode of “Lifestyles of the Rich and Famous.”.