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The Role of AVMs in Streamlining the Property Valuation Process

Discover how Automated Valuation Models (AVMs) are enhancing the property valuation process. By increasing speed, accuracy, and efficiency, AVMs are helping real estate professionals make quick, reliable property assessments, ultimately streamlining the valuation process for lenders, investors, and homeowners alike.

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The Future of Appraisal: What to Expect in 2025

Valligent’s COO, George Paquette, recently shared his thoughts in an article from Valuation Review about the year for appraisals in 2024, as well as the expectations for the appraisal industry in 2025. Learn more about the advancements made in the last year that are paving the way for appraisals moving forward!

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NAMMBA Connect 2024: A Chief Appraiser’s Reflection

At the 2024, National Association of Minority Mortgage Bankers of America (NAMMBA) Connect Conference, several important discussions took place regarding appraisal bias, and the underrepresentation of minorities in the mortgage industry. Learn more in our blog.

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“What I Value”: A Southern California Chapter Member Spotlight

Learn about Jeff Hogan’s inspiring story of bringing racial equality and diversity to the real estate industry. Jeff’s passion for the real estate industry started as a kid when facing racial discrimination. Now, Jeff works to reduce racial bias in the appraisal process by leveraging analytics tools advocacy in the appraisal diversity initiative.

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Highlights from the May 2024 OCC Project REACh Summit

Learn what steps were addressed at the 2024 Project REACh Financial Inclusion Summit to remove obstacles and create equality in the financial system for underserved and minority populations. Special purpose AMCs, Community Land Trusts, and AI integration were just some of the topics discussed to minimize barriers in the financial system.

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Appraisal Professional George Paquette, Valligent COO

Valuation Review: Marketing Your Business for Success For Appraisal Professionals

In the realm of real estate appraisal, the ability to effectively communicate one’s services and differentiate from competitors is paramount. Valuation Review’s recent report, “Marketing Your Business for Success”, comprised of several informative articles, delves deep into this topic, offering insights and strategies from appraisal industry professionals. One standout voice in this report is George Paquette, the Chief Operating Officer of Valligent, whose perspectives shed light on various aspects of appraiser branding and marketing.

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Banner image with title: Navigating Reconsideration of Value Requests: Tips for Appraisers

Navigating Reconsideration of Value Requests: Tips for Appraisers

As a real estate appraiser, you conduct a great deal of research and analysis to provide the most accurate residential appraisal report for each property. Receiving a “reconsideration of value” or “dispute” notification can be frustrating. Still, it can also be an opportunity to strengthen your relationship with the requesting client(s) if handled positively, objectively, and professionally. George Paquette, Valligent’s COO, offers invaluable tips on navigating these requests with a positive mindset and professional approach.

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Image of houses

Veros and Valligent Applaud FHA’s and the GSEs’ New Reconsideration of Value Guidelines

In a significant move towards fairness and transparency in the housing market, the U.S. Department of Housing and Urban Development (HUD) and the government-sponsored enterprises (GSEs) have introduced new reconsideration of value (ROV) guidelines. Announced on May 1, 2024, these updates enable borrowers to request reassessments of their property’s appraised value if they suspect inaccuracies or biases. The new HUD policy (HUD No. 24-096), effective September 2, 2024, and updates from Fannie Mae® (SEL-2024-03, B4-1.3-12) and Freddie Mac® (Bulletin 2024-6), effective August 29, 2024, establish clear frameworks for lenders to handle borrower initiated ROV requests.

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