Posts Categorized: Blog

Valuation Management Group Participates in Juvenile Diabetes Research Foundation (JDRF) Walk as Team Sweet Soles

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This year marks the 5th year Valuation Management Group will be participating in the JDRF walk as the team known as SWEET SOLES! Each year the mission is the same: To bring awareness to Type 1 diabetes (T1D) and to help raise money for a cure. FACTS – Did you know that… 29 million people… Read more »

Valuation Management Group Quoted in Working RE for Approach to TRID

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Effective October 3, 2015 under the new TRID (TILA-RESPA Integrated Disclosure) regulations, variances in the cost of appraisals will no longer fall into the 10% tolerance bucket. There are six specific exceptions under which the cost of an appraisal to the borrower can exceed what was disclosed on the Loan Estimate (LE), the most impactful… Read more »

Valuation Management Group – TRID & Appraisal Suggestions

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Effective October 3, 2015 under the new TRID (TILA-RESPA Integrated Disclosure) regulations, variances in the cost of appraisals will no longer fall into the 10% tolerance bucket, and only if a valid changed circumstance occurs can the cost of an appraisal to the borrower exceed what was disclosed on the Loan Estimate (LE). By habit,… Read more »

Valuation Management Group – TRID – What Is a Changed Appraisal Circumstance?

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What happens if it is determined after the Loan Estimate is delivered to the borrower that the subject property is complex and appraisers request more money for the appraisal assignment? TRID allows for a fluctuation of the estimated price and production of a new Loan Estimate if there is a “Change in Circumstance”. Change of… Read more »

Wounded Warrior Games

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Valuation Management Group would like to share with you the honor received by the husband of one of our employees in July. Emily Dennis is a Quality Assurance Specialist with Valuation Management Group and her husband is Sgt. Richard Lane Dennis. He retired from the U.S Marine Corp on April 29, 2015, after 13 years… Read more »

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 »

Final Dodd-Frank Diversity Rule

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The six federal agencies issued a final interagency policy statement on establishing joint standards for assessing the diversity policies and practices of the financial institutions they regulate. The Policy Statement became effective with its publication in the Federal Register on June 10, 2015. The Federal Reserve Board, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation,… 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 »

It’s Important that Borrowers Understand the Appraisal Process

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At Valuation Management Group, an appraisal management services company, we often hear apprehension and confusion from our clients’ borrowers with regard to the appraisal process. We want to consistently be a resource for our clients, prospective clients, appraisers and the general public. There is a great resource published by the Appraisal Foundation for potential and… Read more »