Posts Tagged: Appraisal Reviews

Valuation Management Group CEO Recognized as One of the Top 40 Influential Women in Housing

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Valuation Management Group, a national appraisal management company, is proud to announce that CEO Vicky Thompson has been recognized as one of the top 40 most influential women in housing by HousingWire. HousingWire Magazine releases an annual Women of Influence list recognizing 40 women who represent every part of the housing economy, from lenders and… Read more »

Valuation Management Group, Appraisal Management Services in Fifty States

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Valuation Management Group is glad to announce appraisal management registration in Kansas, Montana, Nebraska, South Dakota, Vermont, and Wyoming. The addition of these states allows Valuation Management Group to offer commercial and residential appraisal management services and appraisal reviews in all fifty states. Only a minimal number of appraisal management companies are truly national. Currently… Read more »

Valuation Management Group Recent Promotions

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Valuation Management Group, a national appraisal management services company, has announced recent promotions. Vicky Thompson, President/CEO, states, “Our team at Valuation Management Group is strategically positioning ourselves for continued growth in 2015 and beyond. Our employees have been the key to our success. Our core belief, that our clients are our reason for being in… Read more »

Warning Signs When Looking at a Commercial Building – Part II

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Part II of our blog highlights site and external influence as issues that can have a negative impact on commercial property characteristics. 1. Possible environmental issues: Industrial properties always present a concern for environmental contamination, as many industrial occupants use chemicals and oils in the operation of the business that can leak into the soil… Read more »

FHA Extends Implementation Date of the FHA Handbook

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On April 30th, HUD announced that FHA is extending the effective date of the Single Family Housing Policy Handbook 4000.1 to September 14, 2015. According to HUD Deputy Assistant Secretary Kathleen Zadareky, the decision to extend the effective date was in response to concerns expressed by industry participants that they need more time to implement… Read more »

Tips for Residential Appraisal Reviews

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We are very pleased that residential lending is increasing. With this good news we want to remind lenders to establish and maintain policies on appraisal review that ensure compliance with Dodd Frank, Interagency Appraisal and Evaluation Guidelines, and Fannie Mae/Freddie Mac guidance. Many of these laws and guidance policies were established after concerns were raised… Read more »

Compliant Appraisal Management and Review Process – Part I

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As a full service national appraisal management company, Valuation Management Group selects and engages the appraiser, provides compliant quality technical appraisal reviews, ensures appraisal compliance, improves efficiency, and can reduce expense for a financial institution. VMG is presenting a three part blog series to provide a better understanding of appraisal management services and appraisal compliance…. Read more »

HUD Announces Implementation of the Electronic Appraisal Delivery (EAD) Portal

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On March 26, 2015 HUD issued Mortgagee Letter 2015-08 announcing FHA’s implementation of the Electronic Appraisal Delivery (EAD) portal and to provide details that mortgagees will need to prepare for delivering origination appraisals through the EAD portal. The EAD portal is a web-based platform that mortgagees and their authorized users or third-party service providers will… Read more »

Tips for Commercial Appraisal Reviews

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We are pleased that commercial lending is increasing. With this good news we want to remind lenders to establish and maintain policies on appraisal review that ensure compliance with Dodd Frank, Interagency Appraisal and Evaluation Guidelines, and Fannie Mae/Freddie Mac guidance. Many of these laws and guidance policies were established after concerns were raised that… Read more »

First-Time Home Buyers on the Rise in 2015

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Since interest rates have dropped to around 4 percent and Federal Housing Administration (FHA) premium mortgage insurance dropped from 1.35 percent to 0.85 percent, there has been a surge in mortgage loan applications. And, according to the Mortgage Bankers Association (MBA) there has been growth in first-time home buyer activity. Due to the FHA mortgage… Read more »