Appraisal Blogs

Appraisal Inspection Vs. Home Inspection

I wanted to take some time and try to help eliminate confusion about the word inspection. In the minds of people who are not experienced in real estate matters it is important to distinguish between the two. This is also important for those appraisers that want to be able to educate . . . → Read More: Appraisal Inspection Vs. Home Inspection

Placing a Value on Your Services – a Guest Post by Michael W. Armetrout of AM Appraisals

As every appraisal firm manager knows, gauging the direction of the current business environment can be a difficult task. Some may see every new trend as a time to reinvent themselves while others may simply lay low through fluctuating . . . → Read More: 6 Reasons Appraisers Are Worth Their Salt

Humor: YouTube Rant on AMCs, Cuomo, the HVCC, and MORE!

Go . . . → Read More: Humor: YouTube Rant on AMCs, Cuomo, the HVCC, and MORE!

An analysis conducted by the Appraisal Institute of failed banks shows
that nearly two-thirds had been previously cited by federal bank examiners or
had ongoing appraisal administration problems, highlighting a significant
weakness in many struggling financial institutions.

For
a copy of the analysis, visit www.appraisalinstitute.org/newsadvocacy/downloads/key_documents/FDIC_MaterialLossReview_Appraisal.pdf.

Source: Appraisal Institute

Go . . . → Read More: Appraisal Institute Analysis Shows Two-Thirds of Failed Banks Cited for Appraisal Problems

Important FHA notice for all mortgagees: The February 15, 2010 Implementation Date Will NOT Change for Mortgagee Letters 2009-28 and 2009-51:Implementation Date for New Requirements in ML 2009-28:

As indicated in the industry email of December 22, 2009, enactment of ML 2009-28 (Appraiser Independence) WILL be implemented February 15, 2010. ML 2009-28 (originally planned for a . . . → Read More: The February 15, 2010 Implementation Date Will NOT Change for Mortgagee Letters 2009-28 and 2009-51

 The original document has been removed at the request of RVS for the reason below, but can be found on FNC Inc.’s site – Click Here

“The information contained in this electronic message is confidential, proprietary, and intended only for the use of the owner of the e-mail address listed as the recipient of this message. . . . → Read More: Wells Fargo’s $55.00 RVS Desktop Appraisal Releases 2/13/2010 – Restricted Use Report for Lending?

Humor: Latest Rant by “The Fuhrer” on AMCs

Go . . . → Read More: Humor: Latest Rant by "The Fuhrer" on AMCs

Press Release: February 17, 2010  Oklahoma City, OK —  

a la mode, inc., the dominant provider of appraisal-related technology and services to the mortgage industry, today released the first public edition of The Appraisal Fee Reference™.  The AFR™ is the authoritative national analysis of independent appraisal fees, and is just one of the monthly data sets . . . → Read More: PR: a la mode releases inaugural edition of the national Appraisal Fee Reference™, critical for FHA and RESPA compliance

UPDATE: The webinar is complete.  The Power Point presentation and audio link to the full webinar are available below.

Here is the link to the webinar. http://www.fncinc.com/ClientAccess/WebConf_AMC.aspx

In addition to the recorded webinar, there is an accompanying conference Power Point.  There are also a couple of other reference articles you should read.

Web Conference Power Point Presentation . . . → Read More: Recorded Webinar Available! FNC® to Brief Appraisal Management Companies on New Federal and State Legislation