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Market Value or Other Value?

George Dell

Market value, of course! The great recession, and things like that, which come around every 12-15 years, all concur with the ‘accepted’ definition of market value, as written in the USPAP book Advisory Opinion 30. appeared first on George Dell, SRA, MAI, ASA, CRE.

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Upcoming IPO could value loanDepot at $6.5B

Housing Wire

LLC , BofA Securities , Credit Suisse and Morgan Stanley are acting as lead book-running managers for the proposed offering. LoanDepot , backed by private equity firm Parthenon Capital Partners, first announced plans to go public in September 2015 but canceled the IPO just hours before pricing, citing adverse “market conditions.”

Retail 459
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LoanDepot files paperwork to go public in 2021

Housing Wire

LoanDepot , backed by private equity firm Parthenon Capital Partners, first announced plans to go public in September 2015 but canceled the IPO just hours before pricing, citing adverse “market conditions.” At the time, LoanDepot had sought a market value of $2.4 billion to $2.6

Retail 513
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Bank of America mortgage origination volume jumps 66% in Q2

Housing Wire

billion in outstanding residential mortgages on its books through June 30, 2024, compared to $227.7 Bank of America’s total mortgage-backed securities had a fair market value of $57.1 .” The bank had $227.5 billion in Q1 2024 and $228.7 billion in the second quarter of 2023. The home equity portfolio stood at $25.5

Mortgage 431
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Ocwen improves overall reverse mortgage performance despite volume contraction

Housing Wire

“Underlying the strong results is the ongoing effort on continued cost improvements, driven by technology […] and traditional process improvements across both forward and reverse servicing, as well as lower advances on our legacy book, which have decreased 14% year over year.”

Contracts 428
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Appraisal Reports Are Like Flipbooks

Cleveland Appraisal Blog

A flipbook is a book with a series of pictures that change slightly with the turn of each page. When flipping thru one of these books, the viewer’s mind fills in the gaps between pictures so that an animated story and picture develops. According to Wikipedia , the oldest documented flip book appeared on March 18th, 1868.

Appraisal 341
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John Davis files racketeering suit against Gary Keller

Housing Wire

In addition, Davis claims that franchisees were required to purchase Keller’s books.

Contracts 435