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 »
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 »
Join VaCAP President Pat Turner Live on The Home Show with Richard McKann! Discussion will revolve around protecting the consumer . Tune in and listen on WRVA 1140 AM at 7:30 AM Saturday May 4th https://newsradiowrva.radio.com/hosts/home-show-richard-mckann To call in with a question, 804-345-1140. Thanks for Supporting VaCAP!
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 »
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 »
Going on over three years now, the law suit between the Department of Justice and HUD against Quicken Loans was ordered to mediation to settle prior to the upcoming trial start date. The allegation that is the center of the lawsuit, concerns loans Quicken submitted to FHA that did not comply with HUD/ FHA requirements.… Read More »
VaCAP has been following the Clarocity Corporation Soap Opera since one of our members had trouble getting paid from them back in November of 2017. After doing a bit more research on them, we issued a warning to our members in December 2017 to pay attention as Clarocity was in financial trouble. We kept watching… Read More »
As appraisers, we are at risk for dangers. Be it unsafe property conditions or our exposure to others that are watching… A recent robbery attempt in Richmond, VA resulted in injuries of two Habitat for Humanity employees. VaCAP encourages you to be aware of your surroundings when out in the field, lock the door behind… Read More »
The information is on the website… They could have picked up the phone and called… They could have sent an email… They could have sent a fax… Did They? A recruiter for Mueller Services, Inc. (Mueller Reports) contacted a VaCAP member about joining their team as a W-2 employee to complete bifurcated appraisals. Our… Read More »
The decision by the Fifth Circuit Court of Appeals has been released to the public. ” For the foregoing reasons, the petition is DISMISSED for lack of jurisdiction.” The way we understand the next step, the case will go back as an adminstrative proceeding through the FTC, See the nine page decision: http://www.ca5.uscourts.gov/opinions/pub/18/18-60291-CV0.pdf VaCAP… Read More »