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Proposal sets AMC fee for national registry
Posted Date: Monday, June 20, 2016
Starting work on a requirement from the Dodd-Frank Act, the Appraisal Subcommittee of the Federal Financial Institutions Examination Council issued a proposed rule to set fees for appraisal management companies who are part of a national registry. Read on for details of what the fees would be, who would be required to pay, and how to make your voice heard on the proposal.
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ASA, NAIFA whitepaper addresses regulatory threat
Posted Date: Monday, June 27, 2016
The American Society of Appraisers and the National Association of Independent Fee Appraisers have released a whitepaper addressing an immediate threat to the current national appraiser regulatory system. Read on to learn more about the concerns these organizations have.
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Kansas appraiser’s office gets additional inspections
Posted Date: Wednesday, June 15, 2016
Personnel at the Cowley County Appraiser’s Office in Kansas began its annual reinspection of properties. Read on to find out more about the process and what is specifically stated regarding the state law.
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Higher valuations can literally ‘go through the roof’
Posted Date: Monday, June 20, 2016
Rooftop decks are a hot new item for homeowners in 2016. Such an amenity can add value to the property, while builders continue to find success in terms of potential buyers for these homes. How, though, is value, determined for these new kinds of additions? What do appraisers need to prioritize? Read on to learn more about these types of appraisals.
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Colorado, Georgia senators reintroduce SAVE Act
Posted Date: Monday, June 20, 2016
As homebuyer interest in energy efficiency strengthens, the Sensible Accounting to Value Energy Act, reintroduced by Sens. Michael Bennet (D-Colo.) and Johnny Isakson (R-Ga.), would improve access to mortgage financing for energy efficiency. Read on to learn more about this bill and its implication on home appraisals.
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Florida county values near boom heights, appraiser says
Posted Date: Monday, June 20, 2016
Total property values in one Florida county are estimated to have risen about 7.9 percent from 2015 to 2016, the county property appraiser said. Read on to learn more about what these numbers reveal.
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USDA rule raises appraisal threshold
Posted Date: Monday, June 27, 2016
The U.S. Department of Agriculture’s Rural Business-Cooperative Service released its final rule that makes changes to its Business and Industry (B&I) Guaranteed Loan Program to improve program delivery, clarify regulations and reduce delinquencies. Read on to learn more.
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Commercial demands rising, survey says
Posted Date: Wednesday, June 22, 2016
Tenant and investor demand rose in all sectors of the commercial real estate market in the first quarter, according to a new survey, with the industrial sector leading the pack in both areas. Read on to learn more details.
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AI Canada welcomes AI for joint conference in 2017
Posted Date: Monday, June 27, 2016
The Appraisal Institute and its Canadian counterpart, the Appraisal Institute of Canada, announced a joint conference that will be held in Ottawa, Ontario, in 2017, hosting hundreds of members as well as valuation partners. Read on to learn more.
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Texas county appraisals rising
Posted Date: Monday, June 27, 2016
Home values in a Texas county rose by 9.27 percent last year, and the county’s overall preliminary market value for 2016 elevated to $21.69 billion. Read on to learn more numbers pertaining to this surge.
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Appraisal fraud at heart of class-action lawsuit
Posted Date: Wednesday, June 22, 2016
A California court, for the second time in three years, will hear a case centering on appraisal fraud and racketeering stemming from the housing boom. Read on to learn of the particulars of this current case, and which company is involved regarding the specific charges.
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National appraised values lower than homeowners
Posted Date: Wednesday, June 22, 2016
Quicken Loans announced home appraisals in May were again lower than what homeowners were expecting. Read on to learn what all of the numbers reveal this month.
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Former bank executive fined in appraisal fraud case
Posted Date: Monday, June 27, 2016
The former executive vice president of the failed Valley Bank in Moline, Ill., has been fined $5,000 by the Federal Deposit Insurance Corp. after the regulator investigated appraisal fraud at the bank. Read on to learn more details about this case.
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HARP surpasses 3.4 million
Posted Date: Wednesday, June 15, 2016
The Federal Housing Finance Agency (FHFA) announced that more than 3.4 million homeowners have refinanced their mortgages through the Home Affordable Refinance Program (HARP). Read on to learn more.
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Dart Appraisal announces EAD portal integration
Posted Date: Monday, June 20, 2016
Dart Appraisal announced its integration with the Federal Housing Administration’s Electronic Appraisal Delivery portal. Read on to learn more about this move.
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Valuation group integrates with EAD portal
Posted Date: Wednesday, June 22, 2016
Valuation Management Group has completed its integration with the Federal Housing Administration’s (FHA) EAD portal, and has begun successfully submitting FHA appraisal files for its lender customers prior to loan endorsement. Read on to learn more.
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SharperLending, LendingQB partner on software
Posted Date: Wednesday, June 22, 2016
Mortgage technology provider SharperLending, LLC, announced it has partnered with LendingQB, a provider of mortgage loan origination technology solutions, to connect SharperLending’s Appraisal Firewall software to the LendingQB loan origination system. Read on to learn more about this partnership.
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ArdentMC appraised at CMMI Maturity Level 3
Posted Date: Monday, June 27, 2016
Ardent Management Consulting announced that it has been appraised at Maturity Level 3 of the CMMI Institute’s Capability Maturity Model Integration. Read on to hear what one ArdentMC representative told Valuation Review about this accomplishment.
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Free 'Making the Move to Commercial' Special Report available
Posted Date: Monday, July 11, 2016
Is now the time for residential appraisers and property valuators to seek opportunities in the world of commercial appraising? Valuation Review’s 12-page Making the Move to Commercial Special Report answers that question and many more. Our report includes stories from industry experts examining how one can become a commercial appraiser, the profitable and versatile advantages available to those making the switch to commercial appraising and where to go for education and training in making such a career move. Download your free copy today.
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