Joan Trice

Joan Trice
Joan N. Trice is the founder and CEO of Clearbox, LLC, publisher of Appraisal Buzz, and host of the annual Valuation Expo, the largest conference for the valuation community. Joan also hosts the Collateral Risk Network, a members-only group of more than 500 dedicated chief appraisers, collateral risk managers, regulators, and valuation experts who are focused on resolving the many challenges facing our profession.

CRN Coronavirus Bulletin

COLLATERAL RISK NETWORK, INC. Covid-19 (Coronavirus) Bulletin March 19, 2020 Leadership of the CRN have been in discussions with policy makers all week. The CRN proposed measures to manage our way through the Coronavirus health crisis that are strategically focused on the following: • Health, Safety and Welfare of borrowers and the appraisal community • Safety and soundness of housing …

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Is Your Future Bright or Are You Looking for the Exit?

Uh oh, sound the alarm bells! Appraisers aren’t aging out like everyone has been worrying about. In fact, they are being starved out – 41% say the compression of fees is propelling them to move on to a new career. Another 25% say Fannie and Freddie policies are driving them out of their appraisal career. The “aging out” issue is …

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The Future of the Appraisal Profession

Being plugged into the appraisal profession means a lot of different things to a lot of people. Some appraisers believe all appraisers think alike. If that were true, they would be unified in one organization. That fragmentation of the industry is indeed a weakness that makes it a vulnerable profession. It is an odd dichotomy. Appraisers are a fiercely independent …

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The Ghosts of Mortgages Past

I am haunted by the mortgage crisis. It is estimated that 10 million people lost their homes during this period. I wouldn’t fret so much if I didn’t hear tone deaf folks at high levels within the mortgage system proclaim with gusto that “this time is different.” I willfully accept that no, we don’t have exploding ARM products. You don’t …

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Get the Facts: Valuation 20/20

We’ve been holding back on the details for our Spring Valuation Expo until we had our new website up and running for the big reveal. It isn’t our website that is buzzworthy, but the new format for our upcoming Valuation 20/20 taking place in New Orleans, March 19-21, 2020. There are lots of exciting changes. You might ask, “why would …

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Black Box Ethics

The recent uproar over the new Goldman Sachs issued Apple card has thrown some shade on algorithms. What decisioning criteria was used to discriminate against women? So far, Goldman has not been able to respond in a way that makes sense. Apparently, they will only allow you to apply with your husband in the future. Is that a solution? Shame …

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My Bifurcated Opinion

There has been no end to the blows and bruises to the appraisal profession, especially since the housing finance crisis of over a decade ago. The most recent kerfuffle over bifurcating the process has the appraisal community in turmoil. First, let’s define what bifurcation means, why it has entered the lexicon, and what the hopes and promises are for each …

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The Machines Are Taking Over

“People are so outmoded. It wouldn’t surprise me if they stopped making them.” I was recently on a cruise and during one rainy afternoon found myself in my cabin watching an old Katherine Hepburn and Spencer Tracy movie, Desk Set. The romantic comedy was filmed in 1957, one year after I was born. Ironically, the screenplay was written by Henry Ephron, …

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