Tag Archives: Housing

VaCAP and The Network of State Appraisal Organizations Speak Out

VaCAP and 27 other State Appraisal Organizations  reached out to the House Finance Services Committee concerning the upcoming Subcommittee meeting entitled  “What’s Your Home Worth,? A Review of the Appraisal Industry” on June 20th.  The Network stresses the most qualified to testify on the appraisal profession is an appraiser. The letter also outlines some of… 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 »

CoreLogic Chief Legal Council Resigns

Last week  VaCAP shared the  DOJ was investigating CoreLogic. Today we learned the Chief Legal Officer for CoreLogic, Arnold Pinkston has resigned. Coincidence or getting out ahead of what is coming?  Time will tell.  Mr. Pinkston has been  Chief Legal Officer since  January 2018.  See the story here. Corelogic’s chief counsel is leaving the company… 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 »

Explosive News: DOJ Goes after CoreLogic!

The Department of Justice has sent a Civil Information Demand  (CID) notice to CoreLogic. The CID  requires CoreLogic turn over documents and answer questions.   The article by Rob Hahn explains that the case revolves around not only the search features of the MLS systems, but the contracts and agreements on the use of MLS data… Read More »

Selling Your Home?

Technology has changed the way we do many things in the world today. Buying and selling Real Estate is no different. We use internet sites and apps to search for homes, view photographs and observe neighborhood with satellite imagery. We obtain information on the local schools, community amenities and other statistics.  Many companies try to… Read More »