Posts Categorized: Blog

Valuation Management Group Announces Fannie Mae Selling Guide Announcement SEL-2017-01 – Appraiser Guidance

Posted by & filed under Blog.

Valuation Management Group strives to keep its clients and appraisers informed about best practices in the real estate appraisal arena. On January 31st, 2017, Fannie Mae announced some changes effective immediately. The appraisal changes that were announced involve comparable sales in new projects or subdivisions. Prior requirements stated the appraisal must include at least one… Read more »

Valuation Management Group to Co-host Webinar with Fannie Mae – Collateral Policy & Technology Guidance for Appraisers

Posted by & filed under Blog.

VMG is pleased to announce great news for residential real estate appraisers. Fannie Mae is presenting a free webinar just for appraisers. Mark your calendars for February 22, 2017, 11 AM EST. Register for the event by CLICKING HERE! Registration is limited, so register today. Julie Jones, Fannie Mae Credit Risk Analyst will be the… Read more »

Valuation Management Group Discusses Hypothetical Conditions in an Appraisal Report

Posted by & filed under Blog.

Valuation Management Group, as an appraisal management services company, deals with many unique appraisal issues and methodologies. As our quality assurance appraisal reviewers notice areas of interest, we strive to share the industry information with our clients and appraisers to keep everyone informed. The Uniform Standards of Professional Appraisal Practice (USPAP) states in Standards Rule… Read more »

Valuation Management Group to Co-Host Fannie Mae Webinar

Posted by & filed under Blog.

Valuation Management Group is proud to announce we will be co-hosting a Fannie Mae Webinar for appraisers about Collateral Underwriter. The goal of the webinar is for appraisers to gain a better understanding of Fannie Mae’s mission, to dispel common appraisal myths and to improve communication. Julie Jones and Jeremy Staudenmaier, Fannie Mae Credit Risk… Read more »

Valuation Management Group Discusses Encompass Appraisal Integration

Posted by & filed under Blog.

Many Valuation Management Group clients utilize Ellie Mae’s Encompass Loan Origination System (LOS) and may not be utilizing the system to order their appraisals. VMG has had integration with the Encompass system for over a year. By utilizing the Encompass/VMG integration to order their appraisals, the client improves efficiencies, saves times, eliminates errors, has real… Read more »

Extraordinary Assumptions in an Appraisal Report by Valuation Management Group

Posted by & filed under Blog.

Valuation Management Group serves as an appraisal management services company dealing with many unique appraisal issues and methodologies. As our quality assurance appraisal reviewers notice areas of interest, we strive to share these points of interest with our clients and appraisers to keep everyone informed. The Uniform Standards of Professional Appraisal Practice (USPAP) state in… Read more »

A Few Observations of Items That May Lower a Home’s Value

Posted by & filed under Blog.

Valuation Management Group as part of our appraisal management services strives to write on subjects of interest to our clients, their borrowers and appraisers. Usually the discussions are about what can be done to increase a home’s value, but there are many items that can decrease a home’s value. Our list is not all inclusive… Read more »

Caution Before You Open That Email

Posted by & filed under Blog.

Valuation Management Group recently held staff training on cyber security. The risky emails of recent appear to be more legitimate therefore making additional training timely. On average, over 50% of email received is spam based on Kaspersky statistics report Q1 2016. The United States is leading the way as the largest country/source of spam, producing… Read more »

FHFA Announces Maximum Conforming Loan Limits for Fannie Mae and Freddie Mac in 2017

Posted by & filed under Blog.

Valuation Management Group, as part of our appraisal management services, strives to keep our partners updated on industry related issues. On November 23, 2016, the Federal Housing Finance Agency (FHFA) announced that the maximum base conforming loan limits will increase for the first time since the housing crisis that began in 2006. For most of… Read more »

Valuation Management Group Discusses the Proposed Changes for the 2018-19 Edition of USPAP

Posted by & filed under Blog.

The Uniform Standards of Professional Appraisal Practice (USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. The Appraisal Standards Board (ASB) develops, interprets and amends the USPAP and, as such, is currently considering changes… Read more »