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 Platinum Data Solutions CEO Phil Huff talks ValuTrac partnershipFeature Stories Last month, ValuTrac Software, a software solutions provider to the appraisal management and mortgage lending industry, and Platinum Data Solutions, provider of collateral valuation and risk assessment technologies, entered into a partnership that would result in integrating ValuTrac’s ValuTrac Pro, a customizable appraisal management system, with Platinum’s RealView, a configurable appraisal data quality verification technology. To find out more about this partnership, Valuation Review sat down with Platinum Data Solutions Chief Executive Officer Phil Huff. Five ways to work with an AMC, and make more money (Part 1)Feature Stories I understand that a lot of appraisers are upset by the changes in the industry. Whether the new ways of doing business are right or wrong, they are here. The reality is that appraisal management companies (AMCs) are not going away. The current legislative and lending environment is only going to get stricter over the next several years, particularly as we go into the year of "implementation,” where all of the changes we’ve talked about are all going to be put into action. It’s going to shake up the mortgage lending and appraisal industries even more then they have previously. Exclusive: National alliance created to develop valuation educationFeature Stories The Appraisal Foundation (TAF) and 11 of its sponsoring organizations have formed a national education partnership, the Alliance for Valuation Education (AVE), an organization dedicated to providing greater availability of consistent, quality valuation education. Valuation Review sat down with David Bunton, President at TAF, for an exclusive interview to find out more about the collaboration and the group’s education vision for the appraisal profession. CoreLogic VP of Collateral Solutions Jacquie Doty talks GSEs, UAD and appraisal improvementFeature Stories Appraisers have a lot to keep up with. The valuation industry is an evolving landscape of rules, regulations, new technology and changing business models. And then there are the government-sponsored enterprises Fannie Mae and Freddie Mac, who have their own rules, regulations and technology. The government-sponsored enterprises’ (GSE) mortgage putback rules are complicated and consequential. Many might think repurchase requests based on the appraisal are due to under or overvaluation, when in reality they are primarily due to the comps selected. Valuation Review reached out to Jacquie Doty, vice president of Collateral Solutions for CoreLogic, on the impact of the GSE mortgage put-back rules to find out how increased appraisal transparency might help the issue. Appraisals reviewed: What appraisers need to know about quality controlFeature Stories Quality control appraisal reviews are often a tension point in the appraisal relationship. It’s a topic that is often heated. To bring some clarity to the process, Valuation Review talked to valuation professionals from all walks of the appraisal industry. From an appraisal firm’s point of view of appraisal review to tips from the top appraisal minds, no quality control topic was left unchecked. Envoy Mortgage’s Christopher Cash talks AMC consolidation, management (Part 1)Feature Stories With the growing cost of appraisal management company (AMC) registration state laws, many AMCs are hanging it up, unable to front the money to stay in business. While appraisers rejoice, the consolidation of AMCs put lenders in a tough spot. To get the lender view of the appraisal industry, Valuation Review talked to Christopher Cash, senior operations manager at Envoy Mortgage, a mortgage bank based in Texas that has branches across the country. |
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Most Popular
 Appraiser meets review machineThe buzzword making its way through the industry is “exception processing,” according to King. Essentially, this new appraisal review technology can cut through the clutter and get right to the troubled areas. Appraisal reviewers won’t have to read through four, five or six pages to find a problem. The problem will be presented to them via the software and then the human appraisal reviewer is able to investigate from there. |
 DataQuick acquires Rels Title, sets sights on expanding lender businessDataQuick announced a big move into lender services space with the acquisition of Rels Title. The data solutions provider had been slowly moving in this direction after TPG Capital acquired it in January 2011, and this purchase expands DataQuick’s capabilities to serve its growing list of national lending customers. The transaction is expected to close within 30 days. |
 Making the mobile appraisal moveTo get on the mobile appraisal bandwagon, the first thing you’re going to need is a device. And therein lies a choice that will define your tech personality: Are you an iOS or an Android? |
 Automated appraisal review: The growing trendAppraisal review is constant in an appraiser’s life. Now, thanks in large part to the Uniform Collateral Data Portal (UCDP) and Uniform Appraisal Dataset (UAD), appraisal data has been standardized. The result is a dataset that is easily sliced, diced, reviewed and delivered. |
 Future appraisal trends visionariesTechnology moves fast. So fast that it can be hard to keep up, especially in the appraisal industry where demands for automated quality control and dataset submission set the standard for tomorrow’s software. We asked the industry what trends they see in the next two to three years. Here is what they said... |
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Headline News
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Print Edition
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May 13, 2013
 In the May 13, 2013, edition of Valuation Review , a national alliance is created to develop valuation education, Platinum Data Solutions CEO Phil Huff talks ValuTrac partnership, a borrower sues over alleged inflated appraisal scheme and Five charged in multimillion-dollar mortgage fraud scheme. All that and more in this edition of Valuation Review .
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