On October 28th, appraisal technology as we know it is about to get a serious face-lift.
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Topics: Lenders, appraisal technology, AMCs, Mortgage Companies, Global DMS, residential mortgage industry, Mortgage Industry Conferences, Credit Union
The National Council of Real Estate Investment Fiduciaries (NCREIF) recently announced that it has published its “NCREIF Agricultural Appraisal Guidelines”, which are the first set of comprehensive guidelines developed to meet the demanding reporting needs of institutional investors.
Read MoreTopics: Lenders, Appraisers, AMCs, Compliance, Appraisal Process Management
The Global DMS party is back! If you’re heading to the MBA’s Annual Convention in a couple weeks, don’t miss your chance to experience our epic “Glow Party” at the Vulcan Gas Company on legendary 6th Street in downtown Austin.
Read MoreTopics: Lenders, AMCs, Mortgage Companies, Global DMS, Mortgage Industry Conferences, Trade Shows, Credit Union
“The Homebuyer Assistance Act of 2019”, which is designed to address the current shortage of certified appraisers (particularly for FHA mortgages), was recently passed in the U.S. House by a vote of 419-5 and has been sent to the Senate for consideration.
Read MoreTopics: Lenders, Appraisers, AMCs, Compliance, residential mortgage industry, Regulations
Appraising commercial real estate is time-consuming. After all that patience and hard work by the appraiser, the last thing lenders, AMCs, or appraisal firms want are pesky delays caused by antiquated management systems that lack the functionality and configurability they need to truly excel.
Read MoreTopics: Lenders, appraisal technology, AMCs, Global DMS, Appraisal Process Management, Commercial, EVO
The Appraisal Foundation announced that its Appraiser Qualifications Board (AQB) has issued the first exposure draft of its Practical Applications of Real Estate Appraisal (PAREA), which is a follow up to the discussion draft that was released this past March.
Read MoreTopics: Lenders, Appraisers, AMCs, Compliance, State Licensing
Are you heading to the MBA’s Annual Convention & Expo this October in Austin? If so, Global DMS would like to invite you (or any co-workers going in your place) to check in with our team at booth #1019 on the tradeshow floor.
Read MoreTopics: Lenders, appraisal technology, AMCs, Mortgage Companies, Global DMS, Mortgage Industry Conferences, Trade Shows, Global DMS Employees
According to the MBA’s most recent Quarterly Survey of Commercial/Multifamily Bankers Originations, the market saw a 29% increase in originations during Q2 of 2019 compared to Q1 and a 10% increase year-over-year from Q2 2018.
Read MoreTopics: Lenders, AMCs, Mortgage Companies, Commercial
In today’s fast-paced market environment, lenders and AMCs must take the necessary steps to ensure that their valuation management processes are both efficient and effective.
Read MoreTopics: Lenders, appraisal technology, Vendor Management, eTrac Enterprise Solutions, AMCs, Mortgage Companies, Compliance, State Licensing, Appraisal Process Management
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