Tag Archives: Real Estate

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 »

Why Do it Alone?

There is strength in numbers.  We believe this is an accurate statement. Richard Hagar, SRA recently wrote an article titled ” Come Together” that VaCAP was been given permission to redistribute. The article discusses the benefits of working in a large firm, co-op office and communicating with other appraisers. Belonging to professional organizations such as… 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 »

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 »

From the Heart

All, VaCAP has received a message from the family of Ken Harney, Real Estate Syndicated Columnist:   “Dear Friends, It is with great sadness that I write to you to tell you that Ken’s disease has progressed to Acute Myeloid Leukemia (AML) and that as of today, we are in the care of hospice at… 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 »