FHA to Require Second Appraisals For HECMs Where Valuation is Suspect
In an effort to stem further losses to its Mutual Mortgage Insurance Fund (MMIF), the Federal Housing Administration (FHA) is now requiring mortgage lenders...
Wipro’s NetOxygen Now Integrated with Mercury Network
Wipro’s NetOxygen loan origination system and Mercury Network’s appraisal management platform are now available as a single, integrated offering.
CoreLogic acquired Mercury Network last year.
NetOxygen...
Appraisal Logistics Hires Steven Rouse as Regional Account Manager
Steven Rouse has joined Appraisal Logistics, a nationwide appraisal management company for the residential mortgage industry, as regional account manager for the Midwest.
Rouse was previously regional...
Pro Teck Valuation Services Buys Direct Valuation Solutions
Pro Teck Valuation Services has acquired Direct Valuation Solutions (DVS), a cloud-based valuation fulfillment platform and appraisal management company based in California.
Terms of the...
LRES Promotes Jill Haro to SVP of Corporate Administration
Jill Haro has been promoted to senior vice president of corporate administration at LRES Corp., a provider of valuations, REO asset management and HOA...
Xome Buys Assurant Mortgage Solutions
Xome Holdings, an indirect wholly-owned subsidiary of WMIH Corp. (formerly known as Washington Mutual), has acquired Assurant Mortgage Solutions, a division of Assurant providing mortgage...
AMCs in South Carolina Facing New Licensing and Bonding Requirements
BLOG VIEW: The beginning of 2018 brought changes for real estate appraisers in South Carolina. As of February, to operate as an appraiser in...
Veros: Western States to Drive Home Price Appreciation Over Next 12 Months
U.S. home prices are forecast to increase 4.4% over the next 12 months, however, most of that increase will be driven by price gains...
Class Appraisal Appoints Jon Tallinger to Chief Growth Officer
Jon Tallinger has been promoted to chief growth officer at Class Appraisal, one of the largest and fastest-growing appraisal management companies in the country.
Tallinger has...
Accurate Group Releases New Mobile Application to Speed Property Inspections
Accurate Group, a provider of technology-driven real estate appraisal, title data, analytics and e-closing solutions, has released a new mobile app that connects its...
New Breed of AVM Bridges the Gap Between ‘Lender Grade’ and Free
ATTOM Data Solutions has introduced a new automated valuation modeling (AVM) product that bridges the gap between “overpriced lender-grade AVMs that are only cost-effective...
Global DMS Adds Pre-Scheduler to its eTrac Valuation Management Platform
Global DMS, which offers cloud-based valuation management software, recently rolled out a new scheduling tool that that streamlines appraisal appointments, allowing lenders and AMCs...
Choosing the Right Valuation Option
BLOG VIEW: An appraisal is a necessary part of any real estate transaction. It is the process of developing an opinion of value on...
Marc Hinkle Promoted to Managing Director of Assurant Valuations
Marc Hinkle has been promoted to managing director of Assurant Valuations, a title, valuation and settlement services company and a division of Assurant Inc., a...
LRES Promotes Mark R. Johnson to President
Mark R. Johnson has been promoted to president at LRES Corp., a residential and commercial real estate services company that provides nationwide valuations, REO asset management...
United Wholesale Mortgage Hires Alex Elezaj as Chief Strategy Officer
Alex Elezaj has joined United Wholesale Mortgage (UWM) as chief strategy officer.
Elezaj most recently served as CEO of Troy, Mich.-based Class Appraisal, a residential...
Veros, IDS Deliver Integrated Solution for GSEs’ UCD Data Submissions
Veros Real Estate Solutions, a developer of enterprise risk management, collateral valuation, and predictive analytics services, and mortgage document preparation vendor International Document Services Inc. (IDS)...
CoreLogic Acquires Appraisal Technology Firm a la mode
In a move that will further expand its valuation technology capabilities, as wells its client base, CoreLogic has acquired a la mode technologies, which...
LenderClose Integrates with Veros’ VeroSELECT Platform
LenderClose, which offers Consumer Financial Protection Bureau-compliant software solutions for credit unions and community banks, is partnering with Veros Real Estate Solutions, a developer...
Jim Smith: Drones Will be of Increased Importance to Valuation Industry
PERSON OF THE WEEK: Jim Smith is president of Property Solutions, a division of the Computershare Group
offering investors and residential lenders a suite...