HVCC Petitions Request For Reconsideration of HVCC Petition – Click to view and sign the petition to request reconsideration of HVCC to New York Attorney General, Fannie Mae, Freddie Mac, and the Office of Federal Housing Enterprise Oversight: http://www.hvccpetition.com/ViewSignatures.aspx. Freddie Mac Clears the Air: – For a clear and helpful Q&A on the HVCC that…
Read More
HUD Approval Process Simplified On May 5, 2008, HUD dramatically simplified the application and approval process to become an FHA approved appraiser. The process can now be completed entirely online and there is no longer an exam. It is now easier than ever to become an FHA approved appraiser and fulfill FHA appraisal requests. FHA…
Read More
FHA Links – How to Become an FHA Appraiser (and check your status) – http://portal.hud.gov/portal/page? – HUD’s Client Information and Policy System (download various handbooks) – http://www.hud.gov/offices/adm/hudclips/index.cfm – FHA Residential Appraisal Requirements – http://www.hud.gov/groups/appraisers.cfm
Read More
FDIC Vendors Links http://www.fdic.gov/buying/goods/ListofAwardsandContractorContactInformation.html http://www.fdic.gov/buying/goods/index.html According to appraiser Thomas J. Inserra, MBA, MAI, SRA appraisers are adapting their practice to different markets and customers rather than lender loan origination work only and there is great opportunity if you know where to look. Speaking at the Valuation 2010 Expo, Inserra said appraisers can find abundant work,…
Read More
Fannie and Freddie Webinars Most know by now that, in a “quest to improve loan quality through more robust and uniform data,” Fannie Mae, Freddie Mac are introducing a new “language” called the Uniform Appraisal Dataset (UAD). The GSE’s are providing specific and mandatory guidance on how to fill out the 1004, 2055, 1073 and 1075…
Read More
Editor’s Note: This is an actual claims rebuttal letter sent to opposing counsel, written by a claims adjuster on behalf of an insured. The names have been changed. Disclaimer: This article is written from an insurance perspective and is meant to be used for informational purposes only. It is not the intent of this article…
Read More
The Appraisal Foundation Appoints New National Board The Appraisal Practices Board will be officially constituted July 1, 2010 The purpose of the ABP is to issue voluntary timely guidance to appraisers on emerging valuation issues that are occurring in the marketplace. This guidance will assist appraisers, appraiser regulators and educators. The new Board will enlist…
Read More
Editor’s Note: Appraiser Sean Heath and others test out the new AVM Zillow and caution that while the name may be on everyone’s lips, let the zill-er (consumer) beware. That said, the results are far from black and white. Appraisers Put AVM Zillow to the Test by Sean Heath It seems that the quickest way...…
Read More
