Press Room

Tips for Appraisal Appeal

Posted Filed under Blog.

Valuation Management Group is happy spring is here! Spring is typically the season when sellers get busy listing their property and buyers get busy looking for a new home.  As the real estate purchase activity increases, there may be concern that the appraised value will not meet or exceed the contracted purchase price.  This is… Read more »

Georgia Real Estate Fraud Prevention and Awareness Coalition Educational Conference

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Two of Valuation Management Group’s executives, Natalie Thompson, VP, and Vicky Thompson, CEO, recently attended the 12th annual education conference of the Georgia Real Estate Fraud Prevention and Awareness Coalition, known as GREFPAC.  When GREFPAC was founded, they were spreading the message that “Mortgage fraud is not just a white collar crime issue showing up… Read more »

FHA Updates with New Electronic Appraisal Delivery (EAD) portal

Posted Filed under Blog.

The Federal Housing Administration (FHA) announced last year in Mortgagee Letter 2015-08 the implementation of the new Electronic Appraisal Delivery (EAD) portal.  The technology is similar to what is currently in place with Fannie Mae and Freddie Mac’s Uniform Collateral Data Portal (UCDP), including utilizing Veros as the technology provider. The EAD portal is built… Read more »

FDIC Conference Announcement

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Valuation Management Group wants to ensure our clients are aware of a recent Federal Deposit Insurance Corporation (FDIC) announcement in which the FDIC stated it will bring together community bankers, regulators, researchers, and other stakeholders for a conference on community banking on April 6 in Arlington, Va. As part of the FDIC’s Community Banking Initiative,… Read more »

How Appraisal Fees Are Determined On Complex Properties

Posted Filed under Blog.

Appraisers are licensed, trained professionals whose fees are determined by the scope of work and the complexity of the appraisal assignment. The more complex the property, the more time the appraiser must employ inspecting, researching, and developing their opinion of value which must  be presented in a well written appraisal report. Valuation Management Group requires… Read more »

USDA Handbook Revisions Will Soon Be Effective

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Valuation Management Group wants you to be up to date on the most recent industry changes.  The USDA is revising Handbook HB1-3555. The effective date is March 9th, 2016.  The revised handbook can be accessed by clicking HERE. Additions to the handbook for Residential Appraisal Reports located in Chapter 12 are: USDA may be added… Read more »

Valuation Management Group Presents New E-Brochure

Posted Filed under Blog.

Valuation Management Group has been reflecting on change as we begin celebrating our 10 year anniversary.  We have dust settling on our binding machine and booklet sleeves, while our printed brochures sit sealed in a closet.  With technology, paper is becoming more and more a thing of the past.  Valuation Management Group recognizes the need… Read more »

Appraisal Institute’s Review Theory-General Course

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Valuation Management Group’s Vice President of Commercial Quality Control, Shannon Reyome, recently attended the Appraisal Institute’s Review Theory-General course in Ft. Lauderdale, Florida. This class is required as part of the Appraisal Institute’s AI-GRS designation program. The AI-GRS designation represents advanced appraisal review knowledge, and stands for years of proven, real-life real estate appraisal review… Read more »

Residential Appraisal for HUD’s CWCOT Program

Posted Filed under Blog.

Valuation Management Group recently became aware of a HUD program called Claim Without Conveyance of Title (CWCOT), and we wanted to inform our readers. The CWCOT program encourages 3rd parties to purchase homes at foreclosure sales by allowing bids less than the total debt owed on a property. The objective of this program is to… Read more »

Valuation Management Group Attends Collateral Risk Network Meeting

Posted Filed under Blog.

Valuation Management Group’s CEO, Vicky Thompson recently attended the Collateral Risk Network meeting in Fort Lauderdale, Florida. Collateral Risk Network (CRN) is a group of dedicated chief appraisers, collateral risk managers, regulators and valuation experts who are focused on resolving the many challenges facing the appraisal profession. CRN is represented by lending institutions, Wall Street,… Read more »