Tag Archives: Regulators

Appraisal Fees Back in the Spot Light

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 Appraiser’s Conundrum

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 »

Let’s Play a Game

How about 20 Questions..,  The Federal Housing Finance Agency (FHFA) has 20 questions for you.  Well, Actually it is only 19 questions. The FHFA is the organization  of the Federal Government that oversees Fannie and Freddie. They want feedback on how the GSE’s should move forward with appraisal policy, risk and appraisal processes.  Now why FHFA… Read More »

Is Your Head Spinning?

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 »

Not With My Money

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 »

The Con Tonight at 8PM EST

Every US Citizen needs to watch this 5 part docu-series. It  exposes who transpired with whom and what they did…. A REAl EYE OPENER FOR MANY.   Not on Facebook> No Problem. The video will stream here even if you don’t have a Facebook account or are not logged into one.       

Pause- Take Action Now!

This is a call to action!  Comments on the proposed changes to the 2022-23 USPAP are needed The proposed changes to the reporting requirement of Standard 2 may impact the profession negatively and confuse the public on who we are and what we do. We ask that each and every one of you pause for… Read More »

Go to Jail, Go Directly to Jail….

Those fine outstanding law abiding people at Wells Fargo are at it again! This time the fraud is against the United States Bankruptcy Court and as usual, their very own customers. Wells Fargo’s explanation……. The Covid-19 Pandemic! Wells Fargo is using the Covid-19 virus as the excuse for placing borrowers currently under Chapter 13 bankruptcy… Read More »

The Con – Augusts 5, 2020

THE CON ~ AN IN-DEPTH INVESTIGATION INTO THE 2008 FINANCIAL CRISIS: WHO DID IT, WHY IT HAPPENED, AND HOW THE CON IS WHAT WE ARE AND THE REASON EVERYTHING IS $CREWED UP. Executive Produced by ADAM BRONFMAN Produced by PATRICK LOVELL Written and Directed by ERIC S. VAUGHAN   If you attended the Appraisers Economic… Read More »

AMC Fined $2.8 Million

Well it must be true what they say… Don’t mess with Texas! The Texas Appraisal Licensing and Certification Board (TALCB) has issued a monetary fine of $2,801,500 against an appraisal management company. Fast Connections USA, Inc. and its President, Towhindul Hussain,were found guilty of hundreds of violations of Texas law and regulations. TALCB found Fast… Read More »