Tag Archives: DPOR

Virginia Appraiser Board Reaffirms Commitment to Appraiser Independence, Denies Reconsideration Request

At the June 24, 2026 Virginia Real Estate Appraiser Board Meeting an attorney representing  Financial Asset Services and Brandon Sison asked the Board to reconsider the discipline ruled by the Board at the March 16, 2026 meeting. Neither Financial Asset Services or Brandon Sison were present. On March 16, 2026, The Virginia Real Estate Appraiser… Read More: Virginia Appraiser Board Reaffirms Commitment to Appraiser Independence, Denies Reconsideration… »

Suspended – AMC & Chief Review Appraiser

An Appraisal Management Company has one purpose, to be an unbiased third-party middleman between the lender and the appraiser. Their sole purpose is to eliminate undue pressure on the appraiser; to insure appraiser independence.  This is mandated in both Federal and State Statutes throughout the country. When you provide pressure, threaten a complaint to the… Read More: Suspended – AMC & Chief Review Appraiser »

Your Feedback is Requested

A few days ago the Appraisal Regulation Compliance Council shared a very important matter in which all appraisers need to comment: From ARCC’s website: “The Appraisal Subcommittee (ASC) has proposed the Appraisal Subcommittee Enforcement Authority Rule, which seeks to expand its authority. Public input is critical to determine whether this expansion is the solution or… Read More: Your Feedback is Requested »

It’s Just Responsible Journalism

The local television station WWBT, NBC 12 in the Richmond market is airing a story on Thursday February 22 during the 6:00 News Broadcast about racial bias in real estate appraisals.  We know this is not a new topic and previous stories that have aired have been extremely one sided and not from the appraiser’s… Read More: It’s Just Responsible Journalism »

New Legislation Impacting Appraisers

  House Bill 53 has been introduced into the 2024 Virginia General Assembly, directly impacting Virginia Real Estate Appraisers. The legislation introduced by R. Lee Ware places a statute of limitations for damages against appraisers and appraisal management companies at 5 years.     SUMMARY AS INTRODUCED: Actions against real estate appraisers or appraisal management… Read More: New Legislation Impacting Appraisers »

Could it be True?

  At the recent Virginia Appraisal Board Meeting on Wednesday June 28th,  a discussion occurred about Appraisal Management Companies prohibiting appraisers from including their invoices with the appraisal report.  The overall consensus of the Board Members was this practice could be a violation of Virginia Appraisal Management Company Statute § 54.1-2022 B.  “B. The appraisal… Read More: Could it be True? »

We the People…

Appraisers have been the target for blame for everything gone wrong in the mortgage lending world.  We were blamed for the Savings and Loan collapse, the financial crisis of 2008, and appraisal bias and racial discrimination. Appraisers have even been the target on loans gone bad after several years on payments. Yep, we have been… Read More: We the People… »

New Development- Pay Attention

VaCAP has been informed of a Discussion Draft of a Bill introduced into the US House of Representatives that will directly impact every appraiser, appraiser trainee, appraisal firm, and appraisal management company..   From the discussion draft, the purpose of the Bill: “To establish an independent agency to be known as the Federal Valuation Agency… Read More: New Development- Pay Attention »