Tag Archives: Lenders

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 »

The Con Tonight at 8PM EST

Every US Citizen needs to watch this 5 part docu-series. It  exposes who transpired with whom and what they did…. A REAl EYE OPENER FOR MANY.   Not on Facebook> No Problem. The video will stream here even if you don’t have a Facebook account or are not logged into one.       

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 »

Go to Jail, Go Directly to Jail….

Those fine outstanding law abiding people at Wells Fargo are at it again! This time the fraud is against the United States Bankruptcy Court and as usual, their very own customers. Wells Fargo’s explanation……. The Covid-19 Pandemic! Wells Fargo is using the Covid-19 virus as the excuse for placing borrowers currently under Chapter 13 bankruptcy… Read More »

Appraisers – Eyes, Ears & Market Pulse

The appraisal profession came about because of the Great Depression and our relevance is still strong today. Exceptional circumstances such as the current pandemic create a need for temporary allowances for information gathering for the valuation of collateral. The appraisal community has come together to insure our clients’ needs are met. Be it extra precautions… Read More »

Warning to Appraisers

We have all been there; you are busy and you lose track of your accounts receivables. Suddenly, you have 45, 60 and 90 day past due invoices.  VaCAP wants to remind you to pay attention not only to your receivables, but industry news to make informed decisions going forward. Two days ago HousingWire reported Ocwen… Read More »

Appraisal Organizations Step Up

Over the past week or so, Presidential Candidate Joe Biden publicly called for more regulation and oversight over appraisers to combat racial bias.  He specifically cited the Brookings Institute Study ” The Devaluation of Assets in Black Neighborhoods, The Case of Residential Property”  If you are unfamiliar with this study, in a nutshell, the findings… Read More »

Hybrids and the State Appraisal Board

Some are for and some are opposed. It is a business decision on which types of assignments you choose to accept.  If you choose to complete a hybrid or bifurcated appraisal, you need to pay attention and ask yourself a few questions.  Is the fee I am receiving for completing this assignment reasonable for the … Read More »

Giving to VaCAP

For the past several years, VaCAP, a non profit organization, has participated in the Giving Tuesday Campaign.  If you are unfamiliar with this movement, it is the Tuesday after Thanksgiving which is dedicated to giving to non profit organizations. VaCAP is appreciative of all the donations received throughout the year and to those who have… Read More »

You Just Have to Laugh

Over the past few weeks VaCAP has been hearing from our members on some of the concerns they have with how amcs are conducting themselves. It started when appraisers on the USDA panel received notifications that USDA was no longer ordering appraisals directly and that task has been outsourced. Verdi Consulting and Jones Lang LaSalle… Read More »