Appraisal & Valuation Archive

Appraisal Institute Withdraws from Foundation

On September 7, 2010, the Appraisal Institute (AI) released a statement withdrawing their sponsorship of the Appraisal Foundation.  Calling the Foundation’s statement unjust and unwarranted, the statement said the “Foundation’s decision to sanction the Appraisal Institute for conduct said...
September 8, 2010

TAVMA Asks for Delay in Fee Provision of Frank-Dodd

On August 25, 2010, The Title/Appraisal Vendor Management Association (TAVMA) sent a letter to the Federal Reserve Board (FRB) requesting that implementation of the customary and reasonable fee provision in Title XIV of the Frank-Dodd act be delayed.  The...
September 7, 2010

FHA Appraiser Training in City of Angels

On occasion, we like to keep you aware of Federal Housing Administration (FHA) appraisal trainings happening across the country. On September 16, 2010, in Los Angeles, CA, FHA is offering “Completing Today’s FHA Appraisal”.  FHA will conduct a 1-day...
August 12, 2010

2010 USPAP Update for State Regulators

The Appraisal Foundation (TAF) recently released the 2010 USPAP Update for State Regulators is available for online viewing free of charge.    The one-hour presentation was produced as a part of the Association of Appraiser Regulatory Officials (AARO) conference in...
August 2, 2010

Here’s What You Need to Know About HR 4173

As you surely know by know, the President recently signed into law the Frank-Dodd Wall Street Reform and Consumer Protection Act (HR 4173).  Title XIV of the legislation, the Mortgage Reform and Anti-Predatory Lending Act, has significant appraisal reforms...

FHA Appraisal Training Opportunities Announced

From time to time, the Federal Housing Administration (FHA) offers appraisal training in various cities across the country.  FHA recently announced two such trainings next month in Denver, CO and Birmingham, AL.  The courses are free so if you’re...

PEMCO Looking for FHA-Approved Appraisers

Pacific Engineering Management Company (PEMCO, Ltd) was awarded 5 Housing and Urban Development Asset Manager Contracts representing 26 states across the United States. PEMCO is trying to get the word out that they are accepting Appraiser applications in all...

Fannie Mae Announcement Addresses Several NAR Appraisal Concerns

Fannie Mae’s Selling Guide Updates and Additional Guidance on Appraisal-Related Policies, Announcement SEL-2010-09, addresses many concerns raised by the National Association of Realtors (NAR) regarding the Home Valuation Code of Conduct (HVCC) and the appraisal policies of the government...

What is My Home Worth?

In May, we told you about our personal experience getting our home appraised.  Well, the appraiser arrived as scheduled and completed his job in accordance with all the standards and ethics required by an appraiser (as far as we...

Appraisal Foundation in Dispute with Appraisal Institute

Word has been spreading around the campfire for some time about a dispute between the Appraisal Institute (AI) and the Appraisal Foundation.  The dispute came to a head on June 15, 2010, when the Appraisal Foundation held a special...