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Compass scales back IPO valuation target to $7 billion

Housing Wire

Eight days after Compass unveiled a hoped-for Wall Street valuation of over $10 billion, the New York City-based residential brokerage has significantly scaled back its ambitions for an initial public offering. The price reduction docks Compass’s target market value to around $7 billion. That was fast.

Valuation 418
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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

By applying these methods, appraisers can provide reliable, accurate valuations that reflect current market conditions and ensure the appraisal’s credibility and acceptance. Authors note: I may use time adjustments and market conditions adjustments interchangeably. An example can be seen in Figure 7.

Appraisal 358
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On Staying Current

Appraisal Buzz

Real estate appraising is a complex practice that requires a diverse range of skills and knowledge, from understanding current market conditions to understanding and interpreting complex legal and financial documents. If you want to be your own boss, it also requires business acumen. not take the same old classes cycle after cycle).

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Relocation Appraisals: The Power of Market Analysis

Appraisal Buzz

So one main difference between traditional lender appraisals and relocation appraisals is the forecasting aspect: whereas lender appraisals determine a current market value, relocation appraisals try to project what the sales price WILL be.

Appraisal 231
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Wholesale behemoth UWM bolstering cash flow with MSR sales

Housing Wire

“The volume of MSRs in the market continues to be robust in the first half of the year,” said Tom Piercy, managing director of Denver-based I ncenter Mortgage Advisors , which this year through July has traded a total of $180 billion in MSRs — based on the value of the loan portfolios involved. . billion, down slightly from $319.8

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Pennymac launches two MSR-backed private offerings

Housing Wire

The five-year notes bear an interest rate of 4.19% above the 30-day average Secured Overnight Financing Rate, or SOFR, according to the SEC document. Monthly valuations of the MSRs for both offerings will be performed by Incenter Mortgage Advisors , KBRA reports.

Investing 397
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Are Appraisals Public Record?

Realvals

These comparables or “comps” help determine the home’s value in the current market. The appraiser then weighs all factors to arrive at the appraised value. This figure represents the property’s fair market value. Confidentiality is a key part of the appraisal process.