Tag Archives: DPOR

Bounced Checks

VaCAP has learned that another AMC might be having financial difficulties. There are conversations currently taking place in two appraiser groups on Facebook. The discussions are in 100% Real Estate Appraisers and Appraisal Client Search and revolve around a bounced check from an appraisal management company.  The comments are varied and some are stating they… Read More »

Freedoms

Most Americans associate July 4th with fireworks, barbecues and vacations.  Sure, we all know July 4th is about freedom and independence, but is that the first thing that comes to mind when someone says July 4th?  Since the Declaration of Independence was signed 243 years ago, the United States has grown, not only in population,… Read More »

Breaking: CoesterVMS Back in the Spotlight

Just when you put something into long term memory, it reappears. VaCAP was informed the Court case Skapinetz vs CoesterVMS.com has been decided. The Judge has ordered summary judgement in favor of Mark Skapinetz on all counts. See the court order summary below Thank You for Being Part of VaCAP!

Will This be the Next Housing Bubble?

What is it going to take for every appraiser to comment on Town Hall concerning the proposed Guidance Document on hybrid appraisals?  Even if you have no intentions of ever completing a hybrid appraisal, it is important for you to place a comment on Town Hall concerning the document and these questionable products. If appraisers… Read More »

What Are You Waiting For?

Only a few days left to post your comments concerning the hybrid appraisal document on Town Hall. VaCAP can not express enough the importance for each appraiser to voice their opinions.  This is our profession and each of us, individually and collectively, are the best ones to advocate for the profession. If you will not… Read More »

You’ve Been Challenged!

Who is Up to the Task? Each day we are encountering agents and broker who are unaware of hybrid appraisals. We need to educate them on these products and the risks associated with them. VaCAP is officially challenging you. For the next 10 days, we challenge you to educate 1 person per day about hybrid… Read More »

Take Action Now!

A hybrid appraisal proposed guidance document has been posted for public comment. As most of you know, hybrid or bifurcated appraisals are a very controversial topic currently. Virginia statutes and regulations have language which gives many of us pause on the compliance of hybrid appraisals as they are being presented in the industry. The Board… Read More »

Fannie and Freddie are Smug Bugs in a Rug….

“All because inwardly focused and entitled Fan and Fred are smug bugs in a rug.” That is a quote from the article by Jeff Lazerson in The Orange County Register on May 23, 2019.  The article is about Fannie and Freddie maintaining property valuation data and how it is harming consumers. The article touches on… Read More »

AMC Consents to Negligent Conduct

Yes, you read that correctly! Lenders Allies, LLC, an appraisal management company,  has agreed to a consent order with the Texas Appraiser Licensing and Certification Board (TALCB). On May 1, 2019 Lenders Allies agreed to a final order neither admitting guilt or denying guilt of violations of  Texas law. The case revolved around the investigation… Read More »

No Payment to Appraisers

Last week VaCAP shared information on Clarocity Corporation and how the main investor StableView Assets was seizing the shares and foreclosing on the working assets, which includes Clarocity Valuation Services.  StableView in turn had an agreement to sell Clarocity Valuation Services to I Look About. We warned to proceed with caution or do not proceed… Read More »