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AQB hearing debates qualification criteria
Posted Date: Wednesday, October 21, 2015
The Appraiser Qualifications Board (AQB) held a public hearing in Washington last week on the alternative experience requirements in the Real Property Appraiser Qualifications Criteria. The AQB issued a concept paper regarding this, and Valuation Review reached out to The Appraisal Foundation Appraisal Issues Director John S. Brenan and American Bankers Association Senior Vice President Steve Apodaca to see what was discussed at this hearing. Read on for their views.
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FHFA considering appraisal reps, warrants
Posted Date: Wednesday, October 21, 2015
Could Fannie Mae and Freddie Mac soon have protections for lenders for the appraisals that are submitted to the agencies when they sell loans on the secondary market? Federal Housing Finance Agency Director Melvin Watt addressed the issue when he spoke in front of lenders at the Mortgage Bankers Association annual convention in San Diego this week. Read on to see what he had to say.
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Veros forecast strongest in two years
Posted Date: Monday, October 19, 2015
Veros Real Estate Solutions reports residential market values will continue to climb over the next 12 months. Read on to learn more about this forecast showing short-term strength in values, but potential long-term weakening.
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AI, Land Trust Alliance promote appraisals for conservation
Posted Date: Wednesday, October 21, 2015
The Appraisal Institute and the Land Trust Alliance announced they will enhance cooperative efforts to promote the quality of appraisals prepared for conservation easements. Read on for more details on how they will do so.
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Dart Appraisal adds first chief appraiser
Posted Date: Monday, October 19, 2015
Dart Appraisal announced the promotion of two team members to newly created positions in management, including the company’s first chief appraiser. Read on to learn more about these individuals.
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AQB offers program to review real estate degrees
Posted Date: Monday, October 19, 2015
The Appraiser Qualifications Board (AQB) established a program to review degrees in real estate to determine whether or not a school’s curriculum fits into the AQB’s minimum Real Property Appraiser Qualification Criteria. Read on for more details about the program.
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LRES hires new administrator for Texas office
Posted Date: Monday, October 26, 2015
LRES announced it has appointed a new regional vice president of sales for the Dallas/Fort Worth office. Read on to learn more about the new appointee.
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Tax assessor’s office begins rural review
Posted Date: Monday, October 26, 2015
The Whitfield County (Georgia) Tax Assessor’s Office began a review of all rural land. County Chief Appraiser of the Board of Assessors Ashley O’Donald says his staff will be field reviewing more than 11,000 parcels county-wide between now and the end of the year. Read on to learn more about this review.
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Environmental contamination can spoil property values, court says
Posted Date: Monday, October 26, 2015
The Supreme Court of Pennsylvania recently ruled that contaminated real property may be appraised at 5 percent less than its unimpaired fair market value, a decision that is expected to impact the values of properties that have some sort of environmental damage. Read on for more information about the case and what one law firm has to say about its implications on the appraisal world.
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Quicken Loans study: Homeowners overvaluing homes
Posted Date: Monday, October 19, 2015
Quicken Loans reports appraiser opinions of home values in September were lower than homeowner’s perceptions, according to the company’s national Home Price Perception Index (HPPI). This marked the eighth consecutive month where homeowners and appraisers disagreed on values. How far is this gap? Read on for the details.
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HUD, OIG establishing program to foster ethics, standard of conduct
Posted Date: Wednesday, October 14, 2015
The Office of the Inspector General and the U.S. Department of Housing and Urban Development has initiated an Integrity and Compliance Program. What will the implementation of this program mean for both organizations and the people they affect? Read on for more information.
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Report traces adjustments in appraisal reports
Posted Date: Wednesday, October 21, 2015
A new report from CoreLogic found the adjustments most often made in appraisal reports over the past three years. What are they? Read on for the details.
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Report shows different quality, conditions on same properties
Posted Date: Monday, October 26, 2015
Platinum Data Solutions says a recent report it produced showed a large percentage of appraisals with different property quality or conditions on the same property. Why would the same property show different ratings in a number of appraisals? Read on for more information.
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Florida company launches platform for easier reviews
Posted Date: Monday, October 26, 2015
ACI announced the release of Sky Review, a web-based appraisal review platform looking to provide detailed information in the review process. Read on to learn how this device can help you.
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NAN launches cloud-based software application
Posted Date: Wednesday, October 21, 2015
Nationwide Appraisal Network (NAN) announced that launch of its flagship product, which has attracted a well-known mortgage industry executive as an investor and managing partner. Read on to learn more about this product and the investor.
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