Items Tagged with 'Valuation'

ARTICLES

  • Should borrowers be charged AMC fees and appraiser fees separately?

    There are two sides to mortgage lending valuations at play here
    The appraisers I speak to paint the AMCs as part of some large conspiracy to nickel-and-dime their way to big profits. The AMCs I speak to believe they are vital to maintaining the arms-length regulatory requirements set forth by Dodd-Frank. Are the AMCs hiding something? Maybe, maybe not. But, there is certainly something missing.
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  • AMCs respond to FHFA report they bring little value to appraisals

    Just as likely to make mistakes
    When commissioning an appraisal, do AMCs provide a better valuation to mortgage lenders? The FHFA says no and AMCs are not happy: "Our review of the research has uncovered real concerns about the methodology, measures of quality, errors and the insertion of staff opinion that seems to indicate bias."
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  • From HW Magazine

    The pitfalls of depending on automation in post-close valuations

    What happens when multiple valuations don't match?
    Accurate, trustworthy valuations require taking a deeper look. That’s why it’s important to have a valuation expert independently review every valuation report and determine whether it makes sense. The most trustworthy valuation providers have a team of highly trained reviewers on staff who diligently analyze every comparable on a valuation report and ask: “Will a potential buyer consider this property similar to the subject property?”
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  • Class Appraisal acquired by Narrow Gauge Capital

    Valuations and appraisal management solutions provider acquired by private equity firm
    Private equity firm Narrow Gauge Capital announced it has acquired Class Appraisal, a valuations and appraisal management solutions provider. “We have made great progress over the past several years and are excited to work with Narrow Gauge to enhance our market-leading position,” said Jon Tallinger, Class Appraisal's vice president of sales and marketing.
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  • LendingLife reader: “Only a handful of AMCs will remain in a few years”

    Industry left scrambling for solutions?
    Last week readers of LendingLife got a first look at the Veros, Valligent partnership promising to cut mortgage lending cost. In that article, it's written that a big part of that cost savings would be taking the legwork out of valuations. More importantly, the news set off some responses from LendingLife readers, not just on the partnership, but on the state of the valuations industry as a whole.
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  • LendingLife first look: Veros, Valligent partnership promises to cut costs for mortgage lenders

    More accurate AVMs will help lower HELOC origination costs
    As a supporter of LendingLife, Veros agreed to give us a first look at their latest partnership they say will lower costs for mortgage lenders, by taking some of the legwork out of valuations. Being officially announced later today, Veros is teaming up with Valligent, a known innovator in non-traditional appraisals. Here's their plan.
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  • Sponsored By
    First American Mortgage Solutions

    Data-enabled technology drives smarter valuations

    First American Mortgage Solutions offers quality assurance, not just quality control
    The continually improving data checks and information sharing that occurs throughout First American Mortgage Solutions’ Smarter Valuations process dramatically reduces the need for quality control. Optimizing the use of data, analytics and technology removes this redundant expense, reducing the timeline and producing a higher quality valuation.
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