Tag Archives: Appraisers

Grab a Glass and Celebrate!

Happy Anniversary to the Network of State Appraisal Organizations! Five years ago this week Appraisers from VaCAP, NCREAA and SCPAC met and the Network was formed. It has now grown to 30 organizations. Appraisers have a strong voice! 1000% growth in five years! Washington, Georgia (AGREA), Georgia (GCAP), Arizona, Arkansas, California (REAA), Californa (CCAP), Nevada,Delaware,… Read More »

2019 Legislative Update

Senate Bill No. 1168 Senate Bill 1168 has been introduced into the Virginia Senate by Senator Bill DeSteph and impacts Real Estate Appraisers and Appraisal Management Companies. The bill allows for a regulatory Board within the Department of Professional Occupation Regulations to “expunge” a disciplinary record of a licensee. See the bill in the Virginia… Read More »

Reconsideration of Value

The Appraisal Foundation has released a White Paper on Requests for Reconsiderations   John Brenan, Director of Appraisal Issues, states:  “This paper is intended to provide information to assist appraisers, users of appraisal services, and others, with a greater awareness and understanding of issues surrounding the reconsideration process and offer some suggestions for those who wish… Read More »

Breaking: HUD Deputy Secretary Resigns!

Housing Wire reported Deputy Secretary Pam Patenaude announced she is  stepping down.  “It has been my honor to serve President Trump and Secretary Carson and I am deeply grateful to both for this opportunity,” her resignation letter states. “Thank you to my HUD family and fellow “housers” for helping Americans access decent, safe and affordable… Read More »

Call to Action: Comments Needed

The OCC, Board, and FDIC (collectively, the agencies) are inviting comment on a proposed rule to amend the agencies’ regulations requiring appraisals for certain real estate-related transactions. The proposed rule would increase the threshold level at or below which appraisals would not be required for residential real estate-related transactions from $250,000 to $400,000. Consistent with… Read More »