Reminder to Comment – Only Four Days Remain! The FTC is asking for public comments on the consent decree by the Louisiana Real Estate Appraisal Board. The time line to comment is short and ends on July 22, 2021. VaCAP asks each of you to take a few minutes and read the consent decree as… Read More »
A Call to Comment has been issued. The FTC is asking for public comments on the consent decree by the Louisiana Real Estate Appraisal Board. The time line to comment is short and ends on July 22, 2021. VaCAP asks each of you to take a few minutes and read the consent decree as well… Read More »
Freedom, a victory so often taken for granted, so often disrespected. Today we pause for all those who have sacrificed their lives for our freedoms. Thank you to all the Veterans, Service Members and their families for your dedication and sacrifices.
“If you don’t have a seat at the table, you are on the menu.” Would it be misleading to disclose you performed a personal inspection of a property done with significant appraisal assistance in which you relied on supported demographics? Well maybe… The Appraisal Foundation has… Read More »
FTC vs LREAB Update The Supreme Court has denied the Louisiana Real Estate Appraisal Board’s petition to intervene in the administrative case for price fixing by the FTC. The FTC trial is scheduled to proceed on April 20, 2021. VaCAP is closely following this case and will update you as it proceeds. To view all… Read More »
The Appraisal Foundation has issued an exposure draft for Advisory Opinion 16. Advisory Opinion 16 is Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development and Reporting. Unlike other exposure drafts, the text of the advisory opinion has been rewritten. The traditional strike through of word or phrase changes is nonexistent.… Read More »
“The Federal Housing Finance Agency (FHFA) today released the FHFA Strategic Plan: Fiscal Years 2021-2024, which reflects the Agency’s priorities as regulator of the Federal Home Loan Banks (FHLBanks) and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises). FHFA requested input on the draft Agency strategic plan from Members of Congress, the… Read More »
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 »
Appraisers have some very strong opinions on computer driven appraisals. Others are noticing the dangers as well. It is more than just automated valuation models though. In an article written by Danielle DiMartino Booth, for Bloomberg , Fannie Mae and Freddie Mac are specifically called out on their appraisal waivers. The author compares the dangers… Read More »
Thank you to the many who have already renewed their VaCAP membership. For those of you who have not renewed, (you know who you are) please do so now. Our membership renewal process is the same as it has been for the past several years. It has worked well for us and is both cost… Read More »