Man Murdered While Appraising Property
A Michigan man opened fire on two men when they came to value and secure his property that had been foreclosed. One of the victims has died.
2nd Appraisal to Be Required on Some HECMs
Ongoing losses in the government-insured reverse mortgage program have led to a new policy that will require a second appraisal on some transactions.
loanDepot, AMC Settle Claims of Discrimination
loanDepot.com LLC and an appraisal management company have reached an agreement to settle claims that borrowers were discriminated against because their properties were located on Indian reservations.
CoreLogic Expects a Monthly Drop in Home Prices
While the country's home values continued to escalate, CoreLogic Inc. expects that when last month's final numbers are tallied, values will be lower than in the preceding month.
Home Prices Gains Led by Sin City, Silver State
U.S. home prices continued to escalate thanks to historically low interest rates and a persistently tight supply of properties for sale. Las Vegas and its host state saw the biggest gains.
Hirings Planned for CoreLogic's Appraisal Unit
CoreLogic Inc. held a ribbon-cutting ceremony this week in Oklahoma City to tout its new presence in the state. Hirings are planned for the location.
No Mortgage Firms Among 100 Fastest Growing
Although there were several real estate companies on the list of this year's 100 fastest-growing firms, there were no mortgage-related firms and very few financial services businesses.
Biggest Players in Real Estate Appraisals
A new report has identified four companies, including two financial institutions, as being the key players in the real estate appraisal market over the next four years.
North Dakota Seeks Waiver of Appraisal Requirements
A severe shortage of real estate appraisers has North Dakota officials making a request to waive appraisal reports, at least temporarily, on some residential loans. Banking regulators see the move as necessary.
Short Supply Continues to Drive Up Home Prices
There is no stopping U.S. home prices from rising thanks to ongoing housing supply shortages. Gains in San Francisco and Las Vegas are beginning to rival appreciation in Seattle.