Harvard Corporate Governance

AUGUST 31, 2024

Posted by Lou DiLorenzo Jr., Lara Abrash, and Anjali Shaikh, Deloitte LLP, on Saturday, August 31, 2024 Editor's Note: Lou DiLorenzo Jr. is a Principal, Lara Abrash is the Chair, and Anjali Shaikh is a Managing Director at Deloitte LLP. This post is based on a Deloitte memorandum by Mr. DiLorenzo Jr., Ms. Abrash, Ms. Shaikh, Cary Oven , Caroline Schoenecker , and Erika Maguire.

Technology 210

Technology 210

Appraisers Blog

AUGUST 31, 2024

Seriously, who didn’t know that the appraisal industry was being degraded/destroyed from the get-go when this so called “firewall” of AMC’s showed up? It was nothing but a financial scam/extortion from the beginning.

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Appraisal Compliance 98

Financial Times M&A

AUGUST 31, 2024

Artisan Partners want an update on negotiations after Couche-Tard’s unsolicited approach

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Appraisers Blog

AUGUST 31, 2024

In reply to Retired Appraiser. RA, First off, I’m not your pal. Second, for you to summarily blame appraisers part and parcel for the current state of the industry is delusional ignorance. HVCC, Frand-Dodd, Fannie and Freddie and big gov’t regulations had zero effect on where we are now? Jeremy Baggots articles are the receipts and have outlined this in detail for years.

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Appraisal Compliance 98

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

Marketability

Peak Business Valuation

AUGUST 31, 2024

Rings, necklaces, and watches are often timeless for consumers. When a person buys jewelry, there is no telling how long it will remain in their family. Similarly, demand for jewelry and jewelry stores will likely have no end. As such, buying , expanding , or launching a jewelry store can be a viable business opportunity. If you need to finance any jewelry store expenses, the Small Business Administration (SBA) offers many ideal financing options.

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Business Valuation Start-ups Finance Appraisal 52

Appraisers Blog

AUGUST 31, 2024

This failure to act has enabled AMCs to continue raking in windfall profits, all while appraisers struggle with stagnant fees and borrowers are forced to shoulder the burden of these inflated costs. It’s high time for the regulators to step up and fulfill their duty!

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Appraisal Compliance 98

Appraisers Blog

AUGUST 31, 2024

In reply to Retired Appraiser. Not taking sides, but it’s glaring obvious that the current administration has gone out of it’s way to kill the appraisal profession in any way possible, starting with HUD and their DEI initiatives and continuing through the NFHA. If you haven’t read all the AB articles here you’re not paying attention or just ignorant.

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Appraisal Compliance 98

Appraisers Blog

AUGUST 31, 2024

In reply to Baggins. Yes I do remember that service and it was short lived. I think a class action suit would be so awesome and a good case to win! they should pay all Appraisers for billions in lost revenue. Who can we hire. I am on board.

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Appraisal Compliance 98

Appraisers Blog

AUGUST 31, 2024

In reply to PJTC. PJTC, All true. They got greedy, took too much. As I like to say on this blogs; amc’s don’t want just a cut they want the entire pie. Their lack of oversight allowed workarounds and market capture in more than just the valuation space too, they used the surplus funds taken from the appraisal industry to enter into several other industries related to mortgage lending as well.

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Appraisal Compliance Marketability 98

Appraisers Blog

AUGUST 31, 2024

In reply to Eric Kretz. What we need is to make a separate addendum page called APPRAISAL FEE DISCLOSURE STATEMENT! Make it a separate and distinct page of the report. If anyone demands you remove it…. Bingo!!!! Violation of Appraisers Independence!! And it more accurately illustrates what the hell is going on!!!!

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Appraisal Compliance 98

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

Corporate Finance

Appraisers Blog

AUGUST 31, 2024

In reply to PJTC. In 2007, HVCC rolled out and many mortgage companies (big and small) found a workaround and very profitable solution by creating their own AMC to funnel their mortgages. They discovered that not only could they continue to control the entire loan process start to finish, but could be very profitable and market to other users in need of an AMC.

Appraisal 98

Appraisal Compliance Start-ups Marketability 98

Appraisers Blog

AUGUST 31, 2024

In reply to Baggins. And another. That’s all I have, three images. Wished I would have saved some of their site data. Anyone else have old records or material from AA?

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Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

Such greed with these AMC‘s. 84% gross profit margin is ridiculous. Most people don’t care about the Appraiser but this is ripping off the consumer and the appraiser.

Appraisal 98

Appraisal Compliance 98

Appraisers Blog

AUGUST 31, 2024

In reply to Baggins. My, my, my. There seems to be a very bitter, angry person in our midst. I’m kind of enjoying what it brings to the discussion.?

Compliance 98

Compliance Appraisal 98

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

Marketability

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

In reply to Kevin. Kevin, We want all the information we can get! Can you imagine what our efforts are producing???

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Compliance Appraisal 98

Appraisers Blog

AUGUST 31, 2024

When most of the information they’re using is wrong (mls and/or assessors records) how can an AVM be relied upon EVER? Stats and AVMs for real estate are a joke when the information they gather is so extremely flawed.

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Appraisers Blog

AUGUST 31, 2024

In reply to Eric Kretz. I didn’t start with the politics pal. Ding ding above started blaming Harris of all people. Why not blame FDR? For your information, politicians didn’t tank your profession… appraisers did. I chose to walk away rather than be extorted. The guys who agreed to keep appraising for beans (Yes you) are the ones who allowed AMCs to hijack the industry.

Appraisal 98

Appraisal Compliance 98

Appraisers Blog

AUGUST 31, 2024

In reply to Retired Appraiser. Harris has repeatedly cited anecdotal reports from homeowners of color who received low appraisals, using this as evidence of widespread and systemic bias in the appraisal industry. In essence, Harris argues that racial bias, both conscious and unconscious, is prevalent among white appraisers.

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Appraisal Compliance 98

Appraisers Blog

AUGUST 31, 2024

In reply to sb. What does Kamala Harris have to do with the hijacking of the appraisal profession (which took place in 2009)? Answer: Nothing. There is a cure for TDS (Deranged Trump Syndrome)… it’s called prison. Anyone who didn’t kiss their appraisal career goodbye in 2009 has obviously been living off of a trust fund or mooching off of a spouse.

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Appraisal Compliance 98