Appraisal Foundation Archive

Free Foundation Video on USPAP 2012-13 Changes

The Appraisal Foundation (TAF) released a free video this week previewing the 2012-13 changes to the Uniform Standards of Professional Appraisal Practice (USPAP). The 23 minute video includes: revisions to the definitions of “Client”, “Extraordinary Assumptions”, Hypothetical Condition”, and...
August 11, 2011

AQB Exposure Draft – Comments Welcome

The Appraisal Foundation’s Appraisal Qualifications Board (AQB) issued the third draft of Proposed Revisions to the Future Real Property Appraiser Qualification Criteria earlier this month. Previously, the AQB held a public hearing in Minneapolis, MN, on the types of...

Appraisal Foundation Webinar on Fair Value & Financial Reporting

The Appraisal Foundation announced a Webinar on March 16, 2011, at 1:00p (ET) on Fair Value and Financial Reporting issues for appraisers. The cost is $20 and you can register here. Discussion will focus on the following: An orientation...
February 22, 2011

Appraisal Foundation Looking for Subject Matter Experts

Last week the Appraisal Foundation’s Appraisal Practices Board (APB) put out a call for subject matter experts on declining markets.  The APB is looking for experts to “assist in the research and development of voluntary guidance on Residential Appraising...
November 22, 2010

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

Foundation Upholds, Shortens AI Suspension

The Appraisal Foundation today released a statement upholding their suspension of the Appraisal Institute (AI).  However, the length of the suspension was reduced to December 31, 2010.  The suspension was initially to last through April 15, 2011.  The notice...
September 3, 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...

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...

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