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Posted Date: Monday, April 22, 2024
In a letter to the Illinois Joint Committee on Administrative Rules, Consumer Financial Protection Bureau Deputy Director Zixta Martinez outlined specifics regarding the Illinois Department of Financial and Professional Regulation’s proposed rules for the state’s Community Reinvestment Act.
Specifically, she addressed changes to the rules about discriminatory appraisals.
Read on to learn more.
Appraiser News
Posted Date: Monday, April 22, 2024
Nationwide Appraisal Network (NAN) (Oldsmar, Fla.) recently announced the appointment of a new chief appraiser, according to a post from NAN. He has more than 30 years of experience in the property valuation profession.
Appraiser News
Posted Date: Monday, April 22, 2024
Hyper Valuation Services, LLC (HVS), a division of HYPERAMS, LLC, recently announced a new director of business development. He will focus on driving continued and future sales growth of HVS’ appraisal business and establishing productive relationships with existing and new clients across the country, particularly in the Southeast market.
Appraiser News
Posted Date: Wednesday, April 17, 2024
Earlier this month, the government-sponsored enterprises launched the new Uniform Property Dataset.
Valuation Review spoke with Dan McAlister, vice president of product management at Clear Capital, for his thoughts on the launch and how it will affect the appraisal profession moving forward.
Read on to find out what McAlister had to say.
Appraiser News, Technology Corner
Posted Date: Wednesday, April 17, 2024
In 2019, an Anchorage real estate firm estimated the market value of a downtown parking lot at more than $3 million.
Earlier this year, a city agency voted to sell the lot to the former mayor for $1 million less.
Read on to learn more.
Appraiser News
Posted Date: Wednesday, April 17, 2024
The Tarrant Appraisal District (Texas) recently gave updates on the situation regarding a March ransomware attack.
Appraiser News
Posted Date: Wednesday, April 17, 2024
In March, the Federal Housing Finance Agency made a key appointment in its Office of Minority and Women Inclusion.
Appraiser News
Posted Date: Monday, April 15, 2024
A Black couple who claimed mortgage lender loanDepot denied a refinancing of their mortgage because it relied upon a racially biased, considerably low appraisal of their Baltimore home, recently agreed to a legal settlement.
The lender vows to change how it handles complaints of racially biased appraisals.
Read on for the details surrounding this case.
Appraiser News, Legal News
Posted Date: Monday, April 15, 2024
Valuation Review recently spoke with the CEO of Calque, a company enabling traditional lenders to offer buy-before-you-sell programs.
He discussed what specific challenges homeowners face during the buying and selling process, as well as the important role of the appraiser.
Read on for the full conversation.
Appraiser News
Posted Date: Monday, April 15, 2024
Dart Appraisal, an independent AMC, recently announced the company joined a small number of AMCs capable of fulfilling Fannie Mae property data collection orders for lenders.
Appraiser News