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News By Edition
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Valuation Review Edition
April 29, 2024
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More insight on seniors housing
Posted Date: Monday, April 15, 2024
Valuation Review caught up with Zach Bowyer, executive managing director at Cushman & Wakefield, who gave an overview of the seniors housing picture based on the company’s recent investor survey and trends report.
Bowyer shared the ways he sees seniors housing property market fundamentals continuing to improve.
Read on to learn more.
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TAF’s Bunton shares his thoughts on retirement
Posted Date: Wednesday, April 10, 2024
The Appraisal Foundation (TAF) President David Bunton recently announced his retirement.
Valuation Review sat down with Bunton for the opportunity to “walk down memory lane,” where Bunton shared his thoughts as to what he is most proud of during his tenure as TAF president, as well as what he sees for himself in the next chapter of his life.
Read on to find out what Bunton shared with us.
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Dart Appraisal supports Fannie Mae program
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.
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What to consider when valuing commercial solar panel buildings
Posted Date: Wednesday, April 10, 2024
The use of solar panels on commercial buildings is on the rise.
JLL examined commercial landlords seeking to boost solar panel coverage, and how the valuation approach must adapt.
Read on for more insight into commercial solar valuation.
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Couple settles in home appraisal bias case against lender
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.
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Redfin: First-time homebuyers need $76,000 income
Posted Date: Monday, April 15, 2024
Homebuyers must earn $75,849 annually to afford the typical U.S. starter home as of February, up 8.2 percent ($5,767) from a year earlier, according to a new report from Redfin.
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Freddie Mac, ICE collaborate for lenders
Posted Date: Wednesday, April 10, 2024
Freddie Mac and Intercontinental Exchange, Inc. recently announced they’re working together to bring greater loan quality to the mortgage origination process so lenders can effectively serve more borrowers while reducing risk. The collaboration will leverage both companies’ automation technologies and solutions to help lenders underwrite mortgage loans starting at the point of sale.
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ICE alignment with Lennar Mortgage solidifies technology integration
Posted Date: Monday, April 8, 2024
Intercontinental Exchange, Inc. recently announced that Lennar Mortgage will move its servicing operations onto the ICE MSP loan servicing system.
Already a longtime user of ICE’s Encompass digital lending platform, Lennar will see greater efficiencies and compliance support from the integration, ICE stated.
Read on for ore details.
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Walitt Solutions ‘excited’ for new team member to get started
Posted Date: Monday, April 29, 2024
Valuation Review caught up with Stacy Caprioli, Walitt Solutions’ new senior valuation and regulatory consultant, to get to know her a little better.
Caprioli shared her thoughts on what she will bring to the consulting table that benefits appraisers and clients.
Read on for the full conversation.
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Commercial real estate firm welcomes specialist
Posted Date: Monday, April 29, 2024
Kidder Mathews recently welcomed a valuation advisory specialist.
For over 20 years, he has focused on valuation assignments in the Southern California counties of Los Angeles, Orange, Riverside, San Diego, San Bernardino, and Ventura.
Read on to learn the identity of this new hire in the valuation commercial sector.
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Veros expects moderate home price increases
Posted Date: Monday, April 29, 2024
Recently, Veros Real Estate Solutions released its 2024 Q1 VeroFORECASTSM, with projections indicating an average nationwide home price appreciation of 2.9 percent over the next 12 months.
This is an upward revision from last quarter’s forecast of 2.4 percent.
Read on for more from this report.
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Technology partnership announced
Posted Date: Monday, April 29, 2024
Lender Compliance Technologies, a compliance solutions firm for managing finance and insurance product refunds, recently announced a new partnership with AKUVO, a technology organization that specializes in collections and credit risk.
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Rocket Mortgage unveils homeownership AI platform
Posted Date: Monday, April 29, 2024
Rocket Mortgage has unveiled Rocket Logic – the company’s artificial intelligence-driven technology platform designed to make homeownership simpler and quicker.
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LIVE: Valuation Review joins appraisers in the ‘Rocky Mountain’ state
Posted Date: Monday, April 22, 2024
Valuation Review has arrived in Colorado Springs to attend the 2024 National Association of Appraisers/Appraiser's Conference & Trade Show (ACTS) conference at Colorado’s Hilton Double Tree Hotel, April 22-23.
We look forward to sharing the many sessions and activities at this year’s ACTS event.
Read on for a brief conference preview.
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CFPB comment letter addresses CRA, discriminatory appraisals
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.
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Commercial firm expands seniors housing team
Posted Date: Monday, April 22, 2024
JLL’s Value and Risk Advisory platform recently announced the hiring of an executive director with its seniors housing team.
This individual will play a critical role in supporting JLL’s clients in making informed decisions and evaluating risk in the growing seniors housing market.
Read on to learn the identity of this new hire.
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CoreLogic: LPI shows delinquency rates steady
Posted Date: Monday, April 22, 2024
As was the case for most of 2023, U.S. mortgage delinquency and foreclosure rates remained near an all-time low in January, according to the CoreLogic Loan Performance Insight report.
A thriving job market is helping many homeowners pay their mortgages on time.
Read on for more from this analysis.
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NAN welcomes veteran appraiser to the team
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.
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FHFA welcomes new staff member
Posted Date: Monday, April 22, 2024
Recently, the Federal Housing Finance Agency (FHFA) announced the appointment of a chief artificial intelligence officer. She will continue her role leading the FHFA Office of Financial Technology.
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Valuation firm announces hire
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.
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