Appraisal Blogs

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

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

Humor: Latest Rant by “The Fuhrer” on AMCs

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

 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?

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

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

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

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

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

PITTSBURGH — November 10, 2009 – Findings Reconfirm AMC’s Strong Reliance on Local, Independent Appraisers — The typical driving distance traveled by independent appraisers, retained by the nation’s largest appraisal management companies (AMCs), averages 13 miles in urban and suburban areas this year, according to a new survey conducted by the Title Appraisal Vendor . . . → Read More: Press Release: Average Distance Traveled by AMC Appraisers is 13 Miles