Appraiser News

The Federal Housing Administration (FHA) recently announced it will require second appraisals for properties it suspects has inflated values when under consideration for a Home Equity Conversion Mortgage (HECM).

Admittedly, FHA claims appraisal bias and appraisal over-inflations exist. What should appraisers be concerned about as this policy moves forward?

Valuation Review continues its conversation with FHA’s Deputy Assistant Secretary for Single Family Housing Gisele Roget for more answers and insight about this policy. Read Part II of this story to learn more.

Earlier, Valuation Review introduced readers to the integration of geospatial and appraisal data validation into the parcel identification process by CoreLogic.

We then reached out to Kirk Randlett, a member of the Tax Reporting and Payments Solutions Group at CoreLogic to understand how this new technology can be utilized in the valuation industry.

Read on to find out what we learned.

McKissock Learning announced the company will offer all online, state-approved qualifying education courses for aspiring appraisers and appraisers interested in upgrading their license to complete their New York education requirements. Read on to learn more.

The Federal Housing Administration (FHA) recently announced it will require second appraisals for properties it suspects have inflated values when under consideration for a Home Equity Conversion Mortgage (HECM).

FHA claims its studies have found that appraisal bias and appraisal over-inflations exist. Valuation Review reached out to FHA’s Deputy Assistant Secretary for Single Family Housing Gisele Roget for how the announcement will affect appraisers.

Read on to find out what we were told.

What don’t appraisers really know about appraisal management companies (AMCs) and their roles in the appraisal process, and more importantly, what actual fees they are taking for assignments? What other areas of misconception exist?

Valuation Review continues its conversation with two executives from an AMC for clarification on the facts, and what are truly fictitious notions.

Read Part II of this story to find out more.

Mortgage Network Inc. has opened a new branch in Newport News, Va., its first in the state. Read on to learn more.

What don’t appraisers really know about appraisal management companies (AMCs) and their roles in the appraisal process, and more importantly, what actual fees they are taking for assignments?

What other areas of misconception exist?

Valuation Review spoke with two executives from an AMC for clarification on the facts, and what are truly fictitious notions.

California Gov. Jerry Brown signed Senate Bill 70 into law Sept. 29.

This legislation allows the state’s appraisers to name intended users other than a client in a restricted appraisal report.

Read on to learn more about this legislation affecting appraisers and hear what the Appraisal Institute had to say on this matter. 

OnCourse Learning has a new book titled “How to Use Lifelong Learning for a Lifetime of Success.” The free eBook details insights from real estate, home inspection and financial services.

Valuation Review spoke with OnCourse Learning e-Learning Vice President Robert Watters who shared some insights about the book, and how it can help those looking to expand upon their businesses.

Read on to find out what we were told.

George Mann of Mann Appraisals, LLC in South Carolina and former chief appraiser at Fifth Third Bank, has been trying since 1994 to get appraisers to have laws like the one Tennessee passed.

This law would allow appraisers to do non-USPAP evaluations. Valuation Review reached out to Mann for his expertise on this matter.

Read on to find out what insights he shared.