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Fannie Mae approves six vendors for controversial new valuation initiative

Housing Wire

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Appraisers, as one would expect, are up in arms about Fannie Mae’s new initiative.

Valuation 397
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A Log Home Valuation

Appraisal Buzz

It is no secret that log homes do not appraise well. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? Many appraisers in urban areas like Chicago believe that the log home market is irrelevant and is not worth exploring.

Valuation 396
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Freddie Mac’s updates to the ACE + PDR valuation option

Housing Wire

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac. If we can check those boxes, we succeed.

Valuation 363
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Incenter Appraisal Management and McKissock Learning Form Desktop Valuation Training Partnership

Appraisal Buzz

“McKissock Learning and Incenter Appraisal Management are equally focused on empowering appraisers to remain the key stakeholders in the appraisal process. McKissock instructor Josh Walitt, a compliance and valuation consultant and experienced appraiser, will lead the first webinar. Click here to register.

Training 370
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The appraisal revolution: How Opteon is transforming the lending landscape

Housing Wire

The efficiency and reliability of property appraisals are the linchpin to the success of a steady flow of mortgage transactions. Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process.

Lending 460
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ACI™ Introduces a Transformative, Cloud-Based Uniform Residential Appraisal Report Platform

Appraisal Buzz

New ACI Sky Workbench Platform is Designed to Modernize Appraisal Processes SANTA ANA, Calif. Designed by appraisers for appraisers, Workbench modernizes appraisal workflows, enabling valuation professionals to take on additional assignments and complete them faster and with greater accuracy, while reducing the need for revisions.

Appraisal 150
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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. Somebody has a problem once and then that story just spread.

Clients 418