Only a few days left to post your comments concerning the hybrid appraisal document on Town Hall. VaCAP can not express enough the importance for each appraiser to voice their opinions. This is our profession and each of us, individually and collectively, are the best ones to advocate for the profession. If you will not… Read More »
VaCAP and 27 other State Appraisal Organizations reached out to the House Finance Services Committee concerning the upcoming Subcommittee meeting entitled “What’s Your Home Worth,? A Review of the Appraisal Industry” on June 20th. The Network stresses the most qualified to testify on the appraisal profession is an appraiser. The letter also outlines some of… Read More »
A hybrid appraisal proposed guidance document has been posted for public comment. As most of you know, hybrid or bifurcated appraisals are a very controversial topic currently. Virginia statutes and regulations have language which gives many of us pause on the compliance of hybrid appraisals as they are being presented in the industry. The Board… Read More »
There is strength in numbers. We believe this is an accurate statement. Richard Hagar, SRA recently wrote an article titled ” Come Together” that VaCAP was been given permission to redistribute. The article discusses the benefits of working in a large firm, co-op office and communicating with other appraisers. Belonging to professional organizations such as… Read More »
Last week VaCAP shared the DOJ was investigating CoreLogic. Today we learned the Chief Legal Officer for CoreLogic, Arnold Pinkston has resigned. Coincidence or getting out ahead of what is coming? Time will tell. Mr. Pinkston has been Chief Legal Officer since January 2018. See the story here. https://therealdeal.com/national/2019/05/29/corelogics-chief-counsel-is-leaving-the-company-as-it-deals-with-a-doj-inquiry/?fbclid=IwAR0UmvITPJcSn9IaJUwX3qeq9G2WOGbzLjwje4FeKitzp9sZoD8cuZcFoiw
“All because inwardly focused and entitled Fan and Fred are smug bugs in a rug.” That is a quote from the article by Jeff Lazerson in The Orange County Register on May 23, 2019. The article is about Fannie and Freddie maintaining property valuation data and how it is harming consumers. The article touches on… Read More »
We Will Not Forget the Brave Men and Women Who Fought for our Freedom Memorial Day 2019
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 »
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 »
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 »