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Government subsidies, investment incentives, and other industrial-policy actions have almost quadrupled since 2017. Heres how business leaders can navigate the impact of industrial policy on their markets.
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I remember AMCs taking approx. 30-40% of the appraisal fee. I was not a part of that bc I was employed as a corporate review appraiser. Then Dodd Frank Act came out, making the AMCs pay reasonable fees. However, the AMCs continued to abuse the system. I suggest raising the AMCs license fees and systematically the AMC numbers will decrease :)!
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New On The Block Starbucks (NASDAQ: SBUX ) is brewing up some big decisions for its China business, including a potential stake deal that could fetch several billion dollars. The coffee giant has been quietly chatting with tech firms and private equity players, hoping someone might want a sip of its 7,750-store China portfolio. But with local rival Luckin Coffee chugging ahead pulling in $1.2 billion last quarter versus Starbucks' $740 million the cold truth is the Seattle-based company i
In reply to KK Schware. It’s just a proof of concept. The query has variables which could be changed based on scope. And if implemented with proper geodata, could be used to query appraisers in a particular zip or even geofencing. Thanks for the feedback!
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.
Capstone Holding Corp. (NASDAQ: CAPS ) shares jumped on Friday after the building products distributor reaffirmed its 2025 financial targets. The firm, a building products distribution company, also posted a stable first-quarter update. Illinois-based Capstone remains on track to reach $100 million in revenue and $10 million in adjusted EBITDA by year-end.
In reply to Brent Johnson. That’s the point of my proof of concept. It’s not rocket science nor expensive to implement something like this in house. And it would allow the lender to charge the borrower much less for the appraisal as there’s no AMC stealing half the fee (and it is theft, make no mistake). And no reason to rip off the appraiser with the totally made up “tech fees” that are passed down the line.
Payroll cards are cheaper for employers and can be more convenient for employees. However, some cards charge high fees to withdraw money and access account balances. The right payroll card might be a good solution, but it cant be the only solution you provide.
In reply to Retired Appraiser. Much harder to give the concrete shoe treatment to something that’s just an open source query/data schema that any lender can use and modify.
Initial public offerings are showing life again after a tariff-induced slumber, buoyed by strong debuts and a growing pipeline as more venture-backed technology startups are lining up public listings before Memorial Day and into June.
In reply to Pray Hard. That’s just an example usage of the query (a 5 mile variable). As long as the geodata is implemented correctly, the locational portion could be employed based on a number of criteria.
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In reply to Mike Ford on Facebook. Okay then, if quantifiable data points like locational, property type, ownership, licensing and the others aren’t enough to qualify a competent appraiser – then what exactly are the “qualified screeners” using for their appraiser selection decision – voodoo? Speaking of snake oil… And that’s my point, the AMCs aren’t actually providing any service that lenders can’t themselves with some basic database skills
Investors suing mobile food delivery and ride-hailing services operator Grab Holdings Ltd. have received final approval of an $80 million deal settling claims that several sections of a proxy statement Grab filed with a special purpose acquisition company were false and misleading.
In reply to David Samnick on Facebook. Plus lower costs for borrowers for the appraisal. In our current interest rate and inflation environment, the consumer needs every break they can get.
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In reply to Chase Pursley. I’ll remain tied to the idea that licensed people with experience, are the best judges of competency, regarding other licensed peoples service, whom have at least loosely related experience. The problem with amc’s is they’re telecom operations, whom expanded into a wide range of lender supportive services.
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In reply to Chase Pursley. How do they know if an appraiser is competent? Underwriter approval. The underwriter should have the authority to kick or add appraisers from approval lists at will. With a tie in for loan repurchase downstream if that happens, removal as well. Something that is not happening today. The panel managers absolutely must have superior appraisal experience themselves as formerly practicing independent appraisers to make such a quality determination, there is no substitute.
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Better yet, charge them a steep license fee plus force them to submit 85% of their net fees each month along with the names of appraisers they hired. The state board can then refund fees to the appraisers and keep more money for themselves. Think of state boards as AMC management companies (which was actually part of their job from the beginning). I would much rather pay my state a small kickback for protection than pay half of my fee to a skanky ask shakedown operation.
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Cullen and Dykman LLP has hired a former Golenbock Eiseman Assor Bell & Peskoe LLP partner who joins the firm's New York Corporate Department to continue her work focused on tax and transactional matters.
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