The adage “location, location, location” continues regarding real estate. The location remains paramount despite the myriad factors contributing to a property’s market value—including size, condition and features. We will examine how the... Read more »
The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. FFIEC is a federal interagency coalition... Read more »
Valuation in the residential brokerage industry has some characteristics that are unique when compared to other industries and businesses. First, the business of residential brokerage is highly dependent on the recruiting, retention... Read more »
Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect, formerly a subsidiary of mortgage technology company Mortgage Connect LP. Class Valuation acquired... Read more »