Tag Archives: Appraisers

Help Jan Bellas of the AGA

Please see below from the GoFundMe Page and consider making a donation by clicking the picture to be taken to the fundraising page. ” As most are well aware Jan Bellas is a very important executive member of the AGA.  She works tirelessly for our members to help get them the results they need without… Read More »

FHFA Strategic Plan: Fiscal Years 2021-2024

“The Federal Housing Finance Agency (FHFA) today released the FHFA Strategic Plan:  Fiscal Years 2021-2024, which reflects the Agency’s priorities as regulator of the Federal Home Loan Banks (FHLBanks) and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises). FHFA requested input on the draft Agency strategic plan from Members of Congress, the… Read More »

Is Your Head Spinning?

Within the past 48 hours, the appraisal community has been hit with so much information, we wanted to make sure each of you are aware of what is going on so.  The Other Side of Racism Appraisers Blogs published an article yesterday  that every appraiser needs to read, share and distribute on all social media… Read More »

Not With My Money

Appraisers have some very strong opinions on computer driven appraisals. Others are noticing the dangers as well.  It is more than just automated valuation models though.  In an article written by Danielle DiMartino Booth, for  Bloomberg , Fannie Mae and Freddie Mac are specifically called out on their appraisal waivers. The author compares the dangers… Read More »

VaCAP Membership Expiring Soon

Membership to VaCAP  remains at $84 per year.  We represent Virginia appraisers as one of the leading coalitions within the Network of State Appraisal Organizations, currently 31 members strong. We are members of the Appraisal Foundation Advisory Council, attend meetings of the Association of Appraiser Regulatory Officials and attend State Appraisal Board Meetings. We initiate… Read More »

Could the CFPB Eliminate AMCs?

The Consumer Financial Protection Bureau is seeking public comments on the proposed rules for a Qualified Mortgage. The proposed rules require the lender to season the mortgage for 36 months before they can sell it to Fannie or Freddie. What that means is the lender will own that loan for 3 years.  Fast forward if… Read More »

Payment Issued Resolved

Thank you to those who contacted us about an issue renewing your VaCAP membership on line. The link for payment is now functioning correctly. We ask those who had trouble, please try again. http://vacaponline.com/how-to-join/. If you have not renewed your VaCAP membership, please do so now,. We have a lot of exciting changes in our… Read More »

Pause- Take Action Now!

This is a call to action!  Comments on the proposed changes to the 2022-23 USPAP are needed The proposed changes to the reporting requirement of Standard 2 may impact the profession negatively and confuse the public on who we are and what we do. We ask that each and every one of you pause for… Read More »

Are ANSI Standards Changing?

VaCAP has just learned of a meeting on July 22 to discuss and vote on proposed changes to the square footage calculation under ANSI guidelines. The proposed changes were published for public comment which closed in March. The meeting, which is described as a virtual Consensus Committee Meeting  is open to the public, however you… Read More »