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Appraiser who was refused entry wins case on appeal
Posted Date: Monday, June 13, 2016
An appraiser who was refused entry to a home for a property assessment was sued by the couple over the valuation of their home. On appeal, the appraiser again was ruled to be correct by a Wisconsin judge. Read on to learn more details surrounding this case.
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Iowa county changes appraisal tactics
Posted Date: Monday, June 13, 2016
Residents of Cerro Gordo County (Iowa) soon will have their property reappraised, but in a different manner. Read on to learn more about this old-school new approach to residential property valuation.
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Same old story on downtown Texas buildings
Posted Date: Wednesday, June 8, 2016
It was another verse same as the first for the Cleburne Building and Standards Commission in Texas, which once again is wrestling with the challenges of several downtown properties. Read on to learn more about these commercial properties and what procedures, penalties lie ahead for the city.
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Stewart Valuation Services receives positive ranking
Posted Date: Monday, June 6, 2016
Stewart Valuation Services LLC announced it has been assigned a MOR RV2 residential ranking with a positive forecast by Morningstar. Stewart has received this recognition as a residential vendor in the asset valuation market. Read on to learn more.
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Mortgage industry vet joins CoesterVMS
Posted Date: Monday, June 13, 2016
CoesterVMS has hired a new team leader, bringing experience to the company and position. Read on to learn the identity of this new hire.
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Lender capital pouring into affordable housing
Posted Date: Monday, May 30, 2016
Affordable housing developers often run the gauntlet when it comes to bringing together different financing sources to move projects forward. But the job of accessing capital has gotten a lot easier lately for lenders and agencies. Read on to learn more.
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Multifamily lending caps adjusted for Fannie and Freddie
Posted Date: Wednesday, May 25, 2016
The Federal Housing Finance Agency announced that it has increased the 2016 multifamily lending caps for Fannie Mae and Freddie Mac from $31 billion to $35 billion, effective immediately. Read on to learn more details and how this adjustment affects the market.
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Superior Home Services promotes VP
Posted Date: Monday, June 6, 2016
Superior Home Services has promoted an individual to senior vice president. Read on to learn the identity of this person and what specific roles he will fill.
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AMC legislation moving at state level
Posted Date: Wednesday, June 15, 2016
Legislation concerning appraisal management companies has been moving through state assemblies. The governors in two states signed AMC legislation into law while a third governor is reviewing the legislation proposed in his state. Read on to learn more about what AMCs will need to do under the new laws.
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Going commercial can have challenges, veteran appraiser says
Posted Date: Wednesday, June 15, 2016
A residential appraiser who is looking to cross over into the world of commercial appraising, or one simply looking to start out in the business, must be aware of many things. Valuation Review spoke with veteran South Carolina appraiser Joe Rosen of Rosen Appraisal Associates, who gave us his insight as to what you need to be aware of before becoming a commercial appraiser. Read on to learn more.
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Lawsuits reveal San Antonio appraisals
Posted Date: Wednesday, June 8, 2016
The Bexar County Appraisal District in Texas was the target of 962 lawsuits by commercial property owners last year, prompting property owners to sue the county for more than $19.4 billion in appraisal disputes, more than double the amount litigated in 2012. Read on to earn more.
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Millennials moving, but mortgages don’t follow
Posted Date: Monday, June 13, 2016
Credit may be the top stumbling block for young, would-be homebuyers. Millennials are the first generation to come of age in a tough housing market, a new report says, where lenders still are paying billions in reparations for mortgage misconduct and fraud. Read on to learn more about the millennials search for residency.
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Fannie says average growth ahead
Posted Date: Monday, June 13, 2016
Fannie Mae’s Economic & Strategic Research Group lowered its full-year economic growth forecast in its latest report. Read on to learn more about this report and what it means for the industry.
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The tale of FNC's sale to CoreLogic
Posted Date: Monday, June 6, 2016
The recent sale of FNC to CoreLogic for $500 million is not only the largest acquisition of a technology company in Mississippi in recent history, but it’s also a great “rags-to-riches” story. Read on for further details.
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NAR: Pending home sales maintain momentum
Posted Date: Monday, May 30, 2016
Pending home sales increased slightly in March for the second consecutive month and reached their highest level in almost a year, according to the National Association of Realtors. Read on to hear more from the report.
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Fannie index shows sellers optimistic
Posted Date: Wednesday, June 8, 2016
Fannie Mae’s Home Purchase Sentiment Index increased in April, bouncing back from an 18-month low in March, yet overall consumer housing sentiment has remained generally flat. Read on to hear what experts have to say about these numbers.
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Summit Valuations report forecasts home price slowdown
Posted Date: Monday, June 6, 2016
Summit Valuations announced the release of its latest Residential Real Estate Market Overview, forecasting a slower increase in home prices and sales. Read on to learn more findings from this report.
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Bank of America $1.27 billion penalty voided
Posted Date: Wednesday, June 15, 2016
A U.S. appeals court threw out a jury’s finding that Bank of America was liable for mortgage fraud leading up to the 2008 financial crisis, voiding a $1.27 billion penalty. Read on for more details of this case.
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Fannie Mae: For now, larger lenders have edge with TRID
Posted Date: Wednesday, June 15, 2016
Fannie Mae reported its latest survey of senior mortgage executives said new mortgage disclosure requirements have given larger lenders a more competitive advantage in the mortgage marketplace. Read on to learn more.
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Exceleras updates systems on schedule
Posted Date: Wednesday, May 25, 2016
Exceleras released scheduled updates for its platforms including upgraded workflow capabilities, new reporting options and additional task management controls. Read on to learn more.
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AMCs get integration to EAD portal through ACI
Posted Date: Monday, June 13, 2016
In preparation for the Federal Housing Administration’s mandated use of its Electronic Appraisal Delivery (EAD) technology system, ACI announced it is offering its appraisal management company clients a full integration with the EAD portal. Read on to learn more.
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