Fannie and Freddie have reached out to all stakeholder for feedback on the Uniform Appraisal Dataset as part of their “modernization” efforts. They are asking each appraiser to complete a survey that should take approximately 10-15 minutes. The survey is mainly multiple choice and at the end there is an opportunity to give additional… Read More: Fannie & Freddie Want Your Input! »
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: AMC Consents to Negligent Conduct »
The Administrative Law Judge DENIED the FTC’s motion for partial summary judgement! This is a positive step for the Louisiana Appraisal Board. See the Judges order and the entire case summary on the FTC’s website.
Real Property Valuation Forum: Who is Doing My Appraisal? How Remote Valuation Could Affect Your Transactions. Tuesday, May 14, 20191:00 PM–3:00 PM Location: Marriott Wardman Park, Virginia Suite, Lobby Level REALTORS® LEGISLATIVE MEETINGS & TRADE EXPO MAY 13-18, 2019 WASHINGTON, DC Description Who is doing my appraisal?! How remote valuation could affect your transactions. Desktop or hybrid appraisals… Read More: Who is Doing My Appraisal? »
Things went a bit crazy, but in a very good way! Monday April 29th, VaCAP launched a consumer protection campaign on WRVA 1140 AM News Radio. Our email and social media accounts were non stop. Many of our sister Coalitions in The Network of State Coalitions helped spread the word and shared our Press Release… Read More: It Was One of Those Weeks…. »
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!
VaCAP is excited to launch a Consumer Protection Campaign! For months we prepped, we discussed, we negotiated, we wrote, we edited, we wrote some more, we edited some more…. finally, we recorded. We have three 60 second consumer protection announcements airing on WRVA 1140 News Radio starting on Monday April 29th. The three consumer protection… Read More: VaCAP Launches Consumer Protection Campaign »
VREAB Meeting The Virginia Real Estate Appraiser Board Meeting is scheduled for Wednesday May 1, 2019. Please note this is on a Wednesday, not Tuesday, like the other meetings. The Bifurcated Appraisal Guidance document is on the agenda to be discussed. The meeting will be held at the usual location and start at 10:00 AM. Department… Read More: Announcements »
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: No Payment to Appraisers »
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: AMC being sued for Bifurcation »