Tag Archives: Housing

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 »

AMC being sued for Bifurcation

AMC being sued for Bifurcation! VaCAP was forwarded an article this afternoon by one of our members.  The article from Foreclosurepedia is dated August 15, 2018 and concerns a class action law suit filed by property inspectors. ServiceLink Field Services, a division of ServiceLink is being sued for misclassifying employees. From the complaint filed in… Read More »

What Should an Appraiser Do?

You have accepted an appraisal assignment for a purchase. Your client is the lender. Upon reviewing the sales contract, the following preprinted language is in the sales contract: “This contract is not contingent upon the Property being valued at an Appraised Value according to the Lender’s appraisal or other appraisal as agreed upon by the… Read More »

The Shifting Narrative of Appraisal Modernization

The following  is written by a VaCAP guest author. The author, writing under the pen name “Steadfast Appraiser” is an appraiser who values the profession and believes in promoting public trust. The Shifting Narrative of Appraisal Modernization Is there a Crisis? Rahm Emanuel eloquently stated “You never let a serious crisis go to waste. And… Read More »

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 »

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 »