Tag Archives: Valuation

While much of the mortgage industry has shown substantial recovery since the housing crisis, there are some markets still lagging behind. In these weak housing markets, there are many rehabbed properties that are being valued for less than they are worth simply due to the state of the real estate market.

While appraisers were once a revered source of information in the housing industry, a changing industry alongside Big Data and an influx of new technology, have drastically changed the appraiser’s world. Editor's note: This select print feature appears in the January 2016 edition of MReport magazine, available now

Global DMS, a provider of web-based compliant valuation management software, announced that it has hired Mac Chiles as EVP of sales. In this role, he will be responsible for managing the company’s sales and business development functions for its eTrac Enterprise valuation management platform and ancillary solutions.

LRES, a valuation and asset management solutions provider headquartered in California, has successfully connected its DirectConnect integration hub with Exchange, an electronic provider network offered by Black Knight Financial Services' RealEC Technologies division.

The executive board of directors for the National Appraisal Congress (NAC) came together this week in Washington, D.C., to discuss pressing issues facing the residential valuation and appraisal industry.

As home values have made a rapid ascent in the past few years, those on the sales side point to lagging appraisal models as a major hurdle to finalizing transactions. In a newly released report, however, FNC maintains that despite anecdotal reports, "there is no strong evidence that low appraisal valuations contributed to mortgages falling through."

Veros Real Estate Solutions, a the company behind the VeroVALUE automated valuation model (AVM) and a reseller of other top-performing AVMs, has been integrated in Calyx Software's Point solution, the companies announced.

Houston-based real estate services firm Stewart announced it has completed its acquisition of DataQuick Lending Solution's valuation services line, marking the company's first step into the collateral valuations business.

Global DMS and Collateral Analytics, two providers of valuation software solutions for real estate professionals, have come together to integrate parts of their products, the companies announced.

In an interview with host Louis Amaya for "Mortgage Markets Today," LRES founder and CEO Roger Beane asserted that even though there have been many changes in the real estate and mortgage banking industry, appraisers will always be in demand: "Our customers have told us they are still very interested in having the signature from a licensed appraiser attesting to the value."