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Fannie, Freddie CEOs say GSEs not waiting for legislation to reform
Posted Date: Monday, November 3, 2014
Fannie Mae CEO Tim Mayopoulos and Freddie Mac CEO Don Layton brought one important theme to the Mortgage Bankers Association’s annual convention: The GSEs were in the midst of a self-imposed “cultural revolution.” Keep reading to see what changes are in store for Fannie and Freddie.
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Organizations announce pact to align international standards with USPAP
Posted Date: Monday, November 3, 2014
The International Valuation Standards Council and The Appraisal Foundation have announced the signing of a memorandum of understanding aimed at eliminating remaining differences between the IVSC’s International Valuation Standards and the Foundation’s Uniform Standards of Professional Appraisal Practice. Keep reading for the details of the agreement.
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Fannie to make appraisal analysis tool available to lenders
Posted Date: Thursday, October 23, 2014
Fannie Mae announced Oct. 20 that it will make its proprietary appraisal analysis application available to lenders in early 2015, allowing banks to compare appraisals against Fannie Mae’s database of appraisal and market data. Keep reading for the details.
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New valuation company formed with industry veterans at the helm
Posted Date: Thursday, October 23, 2014
A San Antonio-based financial services provider announced Oct. 20 that it has acquired a nationwide collateral valuation provider and a nationwide appraisal management company to form a new company specializing in valuation services and other settlement services offerings used in originations and default management.
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‘Zombies’ continue to die throughout country
Posted Date: Monday, November 3, 2014
A new report shows that owner-vacated foreclosures, sometimes called zombie foreclosures, have continued to diminish throughout the country. Keep reading to learn how this national nightmare is getting corralled.
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Back to the future with lower lending standards?
Posted Date: Thursday, October 23, 2014
The housing market could be poised for a major shot in the arm thanks to a newly announced reduction in lending standards by FHFA Director Melvin Watt, but could it signal a dangerous return to pre-crash policies?
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New home price indexes to rely on appraisals
Posted Date: Monday, October 27, 2014
Quicken Loans has released two new home price indexes based on appraised values of homes across the nation. Keep reading for the details.
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Florida county’s appraisal administrator fired
Posted Date: Monday, October 27, 2014
A Florida county’s office of the property appraiser will be looking for a new administration manager next month after the previous officeholder was caught committing fraud. Read on for all the details.
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New desktop appraisal product hits market
Posted Date: Thursday, October 23, 2014
A nationwide valuation company and an appraisal technology pioneer have partnered to offer a new desktop appraisal product that incorporates a third-party inspection of the property. Continue reading to see the benefits that the new appraiser-backed product is bringing to the valuation space.
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Company improves upon valuation management platform
Posted Date: Monday, November 3, 2014
A provider of enterprise risk management solutions, collateral valuation services and predictive analytics announced enhanced features to its property valuation management platform that provide lenders with the ability to simplify and enrich their valuation review process while enhancing their vendor management capabilities. Continue reading to see the product enhancements.
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AMC releases new appraisal app
Posted Date: Monday, November 3, 2014
An Arizona-based AMC announced that its new mobile app is streamlining how real estate appraisals are ordered, tracked and delivered. Continue reading to learn about the new product hitting the market.
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Appraisal review tool developed to reduce report errors
Posted Date: Monday, October 27, 2014
A national AMC specializing in residential real estate appraisals, evaluations and broker price opinions has announced the launch of its nationwide solution for independent appraisal reviews, designed to meet the industry’s strict quality requirements. Continue reading for the details.
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New book provides best practices for appraising contaminated properties
Posted Date: Monday, October 27, 2014
Properties impacted by contamination raise challenging and complex appraisal issues, and a new book from the nation’s largest professional association of appraisers gives advice and best practices for understanding how these types of properties affect value.
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CoesterVMS announces software integration
Posted Date: Monday, October 27, 2014
CoesterVMS, a nationwide provider of appraisal management and technology services, announced it has integrated its appraisal management service into a la mode’s Mercury Vendor Management Portal. See what the integration means for the industry.
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Are appraisers under-valuing properties?
Posted Date: Thursday, October 23, 2014
As home prices continue their upward trend, a new report calls into question whether appraisers across the country are coming in low with their valuations. Keep reading for the details.
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