Archive for appraisal

United States Appraisals Adds David Wegmann And John Powell To Sales Team

Posted by Patrick Barnard on April 13, 2017

Valuations industry veterans David Wegmann and John Powell have joined United States Appraisals (USA) as business development managers. Wegmann, based in the Chicago area, has more than 20 years of experience in regional and national account sales, sales management, and [Read More]

LRES Hires Mark R. Johnson As Chief Strategy Officer

Posted by Patrick Barnard on April 13, 2017

Mortgage industry veteran Mark R. Johnson has joined LRES as chief strategy officer. Johnson has more than 20 years of executive experience working for various Fortune 500 companies within the mortgage industry. Prior to LRES, he served as division president [Read More]

Mercury Network Acquires Appraisal Scope

Posted by Patrick Barnard on March 27, 2017

Mercury Network, a provider of valuation technology to mortgage lenders and appraisal management companies (AMCs), has acquired Appraisal Scope Inc., a provider of valuation management software, for an undisclosed sum. Based in Baltimore, Appraisal Scope is a provider of valuation [Read More]

Automated USPAP Standard 3 Compliance Tool Launched By Pendo

Posted by Patrick Barnard on March 21, 2017

As part of its quality and compliance efforts, Pendo, a nationwide appraisal management company (AMC), has added an automated Uniform Standards of Professional Appraisal Practice (USPAP) Standard 3 compliance tool to its list of proprietary technology solutions. The company has [Read More]

Mortgage Connect, M&G Realty Acquire Urban Lending Solutions Appraisals

Posted by Patrick Barnard on March 07, 2017

Mortgage Connect, a national closing and title settlement service provider, and M&G Realty Enterprises, a real estate services investment company, both of which are owned by MCMG Holdings, have acquired Urban Lending Solutions Appraisals (ULSA), a nationwide appraisal management company. [Read More]

Exceleras: Shaving Weeks Off The REO Disposition Process

Posted by Patrick Barnard on March 06, 2017

One of the most important metrics when it comes to real estate owned (REO) disposition is time. Every day it takes to move a property off the investor’s balance sheet and back into the market costs money. Mortgage technologists have [Read More]

NCS Snaps Up Lisa Binkley As SVP Of Business Development

Posted by Patrick Barnard on March 06, 2017

Lisa Binkley has joined National Credit-reporting System Inc. (NCS), a full-service consumer reporting agency specializing in third-party verification solutions and credit intelligence, as senior vice president of business development. Binkley, a recognized industry expert in third-party verifications, quality control and [Read More]

Hybrid Valuation: A Viable Alternative To Traditional Appraisals

Written by Audrey Clearwater on February 27, 2017

AMCs are developing hybrid approaches to expedite the appraisal process.

Accurate Group Now Integrated With LendingQB

Posted by Patrick Barnard on February 10, 2017

Mortgage lenders using LendingQB‘s loan origination system (LOS) can now quickly and easily order Accurate Group‘s appraisal, title and compliance products from within the LendingQB platform, thanks to an integration announced by the two companies. The integration will facilitate fast, [Read More]

CoreLogic: Home Price Appreciation Will Slow In 2017

Posted by Patrick Barnard on February 07, 2017

Home prices forecast to increase about 4.7% this year versus 7.2% in 2016.

CoreLogic: Average Home Price Should Surpass 2006 Peak By End Of 2017

Posted by Patrick Barnard on January 03, 2017

U.S. home prices increased 1.1% in November compared with October and increased 7.1% compared with November 2015, according to CoreLogic’s home price index report, which includes distressed sales. Although home price appreciation is expected to slow in 2017, prices are, nonetheless, [Read More]

LRES Hires David Sober As VP Of Sales

Posted by Patrick Barnard on December 14, 2016

Industry veteran David Sober has joined LRES, a provider of residential and commercial real estate services, valuations, real estate owned (REO) asset management, homeowners association (HOA), and technology solutions for the mortgage and real estate industries, as vice president of [Read More]

Communicating With The Appraiser: Top 10 Guide For Getting Answers And Staying Compliant

Written by Adam Johnston on December 05, 2016

BLOG VIEW: The home appraisal has been requested … and the waiting begins. As a lender, many questions race through your mind: “Will the property condition be acceptable? Will repairs be needed? Will the appraiser give credit for all the [Read More]

Appraisal Management Company Bonds Explained In Five Steps

Written by Vic Lance on December 05, 2016

BLOG VIEW: More than 20 states require appraisal management companies (AMCs) to get surety bonds when applying to get licensed. To some companies, surety bonds may be a new concept and require explanation. To others, some of the details of [Read More]

Metro-West Appraisal Launches ‘Three Columns Of Protection’

Posted by Patrick Barnard on November 18, 2016

Metro-West Appraisal Co. is now offering its “Three Columns of Protection” program, which limits liability for the firm’s clients. The first column of protection in the “Three Columns of Protection” program is compliance. “At Metro-West, we pride ourselves in being [Read More]

ValuAmerica’s Appraisal, Title, Closing And Settlement Services Now Integrated With Encompass

Posted by Patrick Barnard on November 16, 2016

ValuAmerica, a wholly owned subsidiary of Clayton Holdings offering appraisal, title, closing and settlement services, reports that it has successfully integrated its ValuNet xsp platform with Ellie Mae’s Encompass loan origination system (LOS). As such, users of Encompass now have [Read More]

Valuation Partners Hires Michelle Revilla As Regional Account Executive

Posted by Patrick Barnard on November 09, 2016

Michelle Revilla has joined Valuation Partners, a national appraisal management company, as a regional account executive to oversee business growth in the Eastern U.S. Revilla has strong experience in building client relationships founded on performance-driven results. Previously, she served as [Read More]

George Paquette: ‘Scope Creep’ Contributing To Appraiser Disgruntlement

Posted by Patrick Barnard on October 31, 2016

PERSON OF THE WEEK: George Paquette is chief appraiser for USRES, a provider of real estate appraisals, broker price opinions and real estate owned (REO) disposition services. Founded in 1992, USRES is widely recognized for its REO disposition and default [Read More]

CA Gets Even More Granular With Neighborhood Valuation Analysis

Posted by Patrick Barnard on October 31, 2016

New research shows that analysis at the neighborhood level can lead to a more thorough insight of mortgage risk and better lending decisions. As such, Collateral Analytics (CA), a provider of automated valuation solutions and real estate analytic products for [Read More]

Fifth Third Bank Inks Deal With ULS For Appraisal Management Services

Posted by Patrick Barnard on September 20, 2016

Urban Lending Solutions (ULS), which offers an array of outsource solutions to mortgage lenders, reports that it has landed a contract to provide appraisal management services to Fifth Third Bank. Urban Lending Solutions Appraisals (ULSA), a subsidiary of ULS, will [Read More]