Appraisal & Valuation Archive

Center for Realtor Technology Releases Appraisal Dashboard

NAR’s Center for Realtor Technology (CRT) recently released an Appraisal Dashboard.  CRT takes ideas that come from the field and tries to make useful technology applications from those ideas.  The CRT blog indicates that this tool came from an...

APB Members Named

In a press release today The Appraisal Foundation announced the members of the newly created Appraisal Practices Board (APB).  According to the Foundation, the APB “is responsible for issuing Valuation Recognized Methods and Techniques which are intended to provide...
June 1, 2010

FHFA Kills IVPI, Announces Complaint Process

In a letter to New York Attorney General Andrew Cuomo, the Federal Housing Finance Agency’s (FHFA) Interim Director, Ed DeMarco, announced that the Independent Valuation Protection Institute (IVPI) will not be implemented by Fannie Mae and Freddie mac.  The...

A Personal Appraisal Experience

Just a brief note to share a recent experience with the appraisal process.  We are going through a full documentation refinance that requires an appraisal. First, the appraiser contacts us to schedule the appointment.  During the call he asks...

Change–Threat or Opportunity?

CHANGE—THREAT OR OPPORTUNITY? I had the opportunity yesterday to do a webinar for the NAR Appraisal Section, for the RAA and GAA members. The webinar was: “Beyond HVCC”, and for me, it was fun to do because it was...

FHA Appraisal Update

HUD has updated the FAQs on appraiser independence stating that the appraisal report cannot be in the name of a broker and allowing the broker to order the appraisal from a AMC (but not multiple AMCs) and allowing a...

CE Course Available: ABC’s of the Appraisal Business

The new “ABC’s of the Appraisal Business” is designed to inform students of changes occurring in the appraisal industry that are impacting their day to day business.  Recent events have created a generational change in the appraisal industry.  These...

Freddie Mac, Fannie Mae Update HVCC FAQs

The government sponsored enterprises (GSE), Fannie Mae and Freddie Mac, recently updated their Home Valuation Code of Conduct (HVCC) frequently asked questions (FAQ).  Both GSEs state that while there may be some differences with two sets of FAQs in...

FHA Offers Education Session for Appraisers

The Federal Housing Administration (FHA) announced that on April 21, 2010, in Atlanta, GA they will hold an education session for appraisers. This is a full day, live course that offers instructions on most recent changes and updates to...

Round 2 of the Heavyweight Fight: Calling in the Big Guns

On January, 16, 2009, we brought to you the valuation fight that is appraisals vs. broker price opinions (BPO).  Today we bring you Round 2 – and this time it’s personal.  Well, it’s not really personal but there is...