Housing Wire

JULY 31, 2023

billion public valuation for LendCo when it goes public. That market capitalization, along with the company’s other assets “should put us comfortably ahead of last round price” Cageny said, referring to Figure’s latest $3.2 billion valuation in a venture-backed funding round in 2021.

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Lending Valuation Business Technology 370

Valuation Nation

JANUARY 27, 2020

Incorporation by reference is the major premise of what Mr. Bagott is writing about and in this update, he is looking at the Texas Railroad Commission. While not specific to the valuation profession it is yet another instance of the public sector grabbing private documents and placing them into regulations and codes.

Valuation 40

Valuation Government Appraisal Legal 40

Clear Capital

FEBRUARY 23, 2024

Shared equity programs are growing across the country, and lenders and appraisers should understand the nuances of these programs to ensure accurate valuations. The contract will also likely reference a second document, either a deed restriction or a ground lease. Selecting the right valuation provider is key.

Valuation 36

Valuation Market Value Contracts Appraisal 36

Housing Wire

DECEMBER 28, 2020

According to FHFA director Mark Calabria, modernizing the appraisal process has the potential to create a more “streamlined and accurate collateral valuation process.” At the onset of the pandemic in March, the FHFA began easing standards on property appraisals that allowed drive-by and desktop valuations in certain circumstances.

Appraisal 458

Appraisal Modernization Valuation Appraisal Process 458

Appraiserblogs

MAY 15, 2023

CU-2)i this always dubious product of Fannie Mae is increasingly being referred to by some, if not many American Appraisers as The Fraudulator / Underwriter 2.0 (FU-2). Home Valuations Are Being Subverted At the crossroads of it all is a campaign to weaken or eliminate valuations. appeared on Appraisers Blogs.

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Valuation Property Appraisal Lending Appraisal 138

Housing Wire

NOVEMBER 11, 2021

According to a press release published by the administration, this is the first consolidation of policies for the Title I program in almost 40 years, and will remove the need for lenders to refer to more than 120 separate policy documents. How Freddie Mac is addressing affordable housing challenges. Presented by: Freddie Mac.

Finance 450

Finance Valuation Insurance Lending 450

Housing Wire

JULY 6, 2023

The CFPB also referred five matters to the U.S. The report recaps last year’s enforcement actions related to fair lending, including an action against Trident Mortgage Company for alleged unlawful discrimination on the basis of race, color or national origin.

Lending 384

Lending Technology Law Valuation 384

Housing Wire

FEBRUARY 24, 2023

It is obvious that language being used like “eradicate” or “eliminate” in reference to appraisal bias is chosen to convey the importance of not compromising on the process being equitable for all. Perhaps this can all be summed up as a growing demand for an appraisal process that is more equitable, efficient, accurate and objective.

Appraisal Process 384

Appraisal Process Appraisal Reconsideration of Value Valuation 384

Housing Wire

JANUARY 12, 2023

Automated inspections and valuations — Technology is improving valuation methods and workflows to make appraisals faster. In addition to traditional in-house inspections, your service partner may offer automated valuation models (AVMs), desktop appraisals, hybrid valuations and self-inspection tools. Ask for references.

Technology 397

Technology Inspection Valuation Tools 397

Housing Wire

NOVEMBER 9, 2023

AR refers to technology that combines elements of videography with virtual reality, where a computer or smart device is used to overlay digital elements on real-world objects and/or environments. Developed using CoreLogic’s appraisal software brand “a la mode,” the tool has been used to complete roughly 20,000 property sketches.

Tools 432

Tools Appraisal Real Estate Agent Technology 432

Housing Wire

JUNE 16, 2022

The total funding, since the startup’s launch in 2012, is about $645 million and its valuation is at roughly $1.7 In the first quarter of 2022, HomeLight and Accept.inc represented more than $3 billion in combined referred transaction volume, according to Uher.

Brokerage 370

Brokerage Real Estate Lending Clients 370

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

APRIL 27, 2023

” Time-barred debt refers to debt in which the statute of limitations has expired. Generally, this piggyback mortgage product, known as an 80/20 loan, involved a first lien loan for 80% of the value of the home and a second lien loan for the remaining 20% of the home’s valuation.”

Mortgage 370

Mortgage Law Valuation Design 370

Appraiserblogs

FEBRUARY 6, 2023

It’s time to actually call out an AMC who’s encouraging appraisers to ‘lower their fee’: Valuation Connect This outfit sent out a ‘newsletter’ to appraisers, part of which says this: “My advice would be to make adjustments based on the market. Nicole Andrews, Fastapp AMC founder v. Fastapp AMC president, confirm… Planet of Deadbeat AMCs!

Appraisal 109

Appraisal Valuation Marketing 109

Housing Wire

DECEMBER 23, 2022

The OIG also said that while the FHFA identified appraisals that made overt references to prohibited bases like race or color in certain appraisal reports it reviewed, the “FHFA has not determined the extent to which the Enterprises are using appraisals that improperly consider bases that are prohibited by federal fair lending law.”

Appraisal 370

Appraisal Lending Law Finance 370

Realtor

DECEMBER 15, 2021

Getty Images Despite policies meant to bar race-related bias in assessing property values, many home appraisers continue to make references to the neighborhood’s racial demographics in their assessments of a home’s value. Other appraisers noted how a neighborhood’s population had changed over time, citing gentrification.

Appraisal 90

Appraisal Valuation Contracts Real Estate 90

Housing Wire

APRIL 15, 2024

If sellers wait, their business valuations could remain relatively stable or come down. Servicing is a very good asset to have in a higher-for-longer scenario,” Chang said, referring to the stability provided by expected cash flows, which has been enough for some lenders to keep “the lights on.”

Mortgage 458

Mortgage Retail Buyers Investors 458

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. Even if a mortgage broker or conventional lender is unable to fund the transaction, they might be able to refer.

Real Estate 384

Real Estate Investing Investors Renovations 384

Housing Wire

MARCH 3, 2022

billion valuation in 2019, is a stale subject , that’s a shame because now anyone can become a Compass expert. Principal agents refer to agents either working as lone wolves or heading a team. number refers to deals Kirman did or deals Kirman and the 84 other agents did combined is not explained. billion and flying to a $6.4

Brokerage 370

Brokerage Agents Real Estate Law 370

The Robert Weiler Company

SEPTEMBER 18, 2022

Also referred to as a land valuation, property valuation, or real estate appraisal, the ultimate goal of a land apprasal is to determine the market value. Licensed land valuations vastly differ from building valuations. Land Valuation Methods That Certified Land Appraisers Use. How is Land Appraised?

Appraisal 78

Appraisal Valuation Real Estate Market Value 78

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. The post The Value of Words in Valuation appeared first on Appraisal Buzz. Standards rule 2-2 specifically.

Valuation 360

Valuation Contracts Appraisal Legal 360

Housing Wire

OCTOBER 2, 2020

“Through our correspondent channel, we primarily purchase and aggregate residential mortgages from trusted third-party originators, who we refer to as ‘correspondent sellers.’ billion valuation in the fourth quarter.

Valuation 333

Valuation Mortgage Business Modernization 333

Housing Wire

AUGUST 3, 2023

Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. The time frame between the early adopters and early majority is a critical gap referred to as the “chasm.”

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

JUNE 17, 2021

The homebuyer receives the binder in the form of a gift, offering robust maintenance and home valuation tools that are event-driven and informative.

Clients 393

Clients Real Estate Agent Marketing Real Estate 393

Chicagoland Appraisal Blog

AUGUST 1, 2023

Whenever you come across “see addendum,” simply refer to the relevant addendum then return to the main appraisal document to continue. Remember, it’s crucial to carefully read and understand all sections of the appraisal, including the addendum, to get a comprehensive grasp of the property’s valuation.

Appraisal 148

Appraisal Legal Construction Appraisal Process 148

Housing Wire

FEBRUARY 7, 2023

For these reasons, the enterprise should not accept MSR valuations provided by seller/servicers without an independent evaluation.” The window to burn cash is closing Luddon said he believes FHFA’s recent advisory bulletin focused on the valuation of MSRs wasn’t issued at this time “randomly.” “It

Sellers 306

Sellers Investors Valuation Finance 306

Housing Wire

JULY 1, 2021

We’ve found that many people care more about public spaces than private spaces,” says Katie Lambert, an interior designer with Lambert Home, referring to different living areas in a home. That being said, we look at certain items on our inspections that play into the final valuation depending on the home.”.

Renovations 421

Renovations Appraisal Valuation Investing 421

McKissock

MAY 26, 2022

A “green” or “high performance” home refers to a residence that has less of a net impact on the environment than its traditional alternative. However, this can be compensated with more time allocated to a valuation and a higher fee. Further reading: 5 Tips for Appraising Green Homes. Did you know?

Appraisal 64

Appraisal Valuation Design Construction 64

Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Renovation Cost vs. Reproduction Cost Renovation Cost: This refers to the cost of restoring or repairing existing elements of a property.

Appraisal 147

Appraisal Renovations Architecture Appraisal Process 147

Appraisal Buzz

FEBRUARY 7, 2022

Desktop refers to a scope of work where the appraiser did not perform any level of viewing of the property and relied on other sources to gather property details. All three labels refer to the scope of work completed by the appraiser when completing the assignment. Desktop Process Challenges & Risks.

Appraisal 435

Appraisal Inspection Development Technology 435

D Fritz Appraisals

DECEMBER 16, 2022

These assessments provide a valuation of each property as of July 1 st in the previous year (So 2023 tax assessments are based on the value of homes on July 1 st, 2022). While the actual dollar valuation of the property is not the basis for your tax bill (i.e. Size of home in square feet. Number of rooms. Age of home. Did You Know?

Property Taxes 111

Property Taxes Valuation Appraisal Real Estate 111

The Robert Weiler Company

APRIL 12, 2023

With recent headlines focused on politics, protests, and international disputes, Ohio commercial property owners may have overlooked or forgotten that a statewide property tax reassessment (also referred to as a reappraisal) is underway.

Property Appraisal 148

Property Appraisal Property Taxes Real Estate Valuation 148

McKissock

NOVEMBER 5, 2021

The self-paced online version of the official 2022-2023 USPAP Update Course is now available, along with the new USPAP Reference Manual. Refer a prospective appraiser. Included with the course is a new, first-of-its-kind reference manual designed to help appraisers quickly find answers to their USPAP-related questions.

Appraisal 73

Appraisal Government Property Appraisal Valuation 73

McKissock

AUGUST 4, 2022

This topic is one of my favorites to present, and I am appreciative of the opportunity to do so at Valuation Expo. Interested in going to Valuation Expo this year? It will be a very helpful reference tool and a good place to take notes. Q: Why is it important to discuss this topic now?

Appraisal 60

Appraisal Valuation Real Estate Property Appraisal 60

Miller Samuel

MAY 21, 2023

Morgan Williams, General Counsel, National Fair Housing Alliance - He was an effective witness - he drove home that he wanted access to anonymized loan-level data to determine the potential valuation bias. I was referring to the New York State requirement for 1,500 hours as a New York City appraiser, as noted on the New York State website.

Appraisal 195

Appraisal Real Estate Valuation Finance 195

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

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