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Very few appraisers are able to obtain solid proof that a lender or AMC is retaliating against them for not “meeting value,” but instead are left only with an uneasy feeling that the sudden drop in orders is an unspoken backlash.
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No one needs to tell appraisers about pressure. Despite recent regulatory changes, such as Dodd-Frank, appraisers still face pressure every day. Instead of rabid mortgage brokers, like days gone by, today there is a new source of heartburn for appraisers: real estate agents.
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Working RE Spring 2014 Find these articles in the new edition of Working RE. OREP insureds and Working RE subscribers enjoy guaranteed delivery of the print magazine as part of their member benefits. • Victory for Customary and Reasonable Fees in Louisiana • Off Blacklist: Positive Resolution to Chase Saga • Importance of a Good Scope of Work…
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Even a seasoned appraiser has to get back to basics. Every appraisal assignment begins with understanding what is considered the appraisal problem.
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If you’re an appraiser who is on the constant lookout for ways to save time and money, then keep reading: making a conversion to a “paperless” or “more paperless” office will be of interest.
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It is said that clothes make the man (or woman) but how much do they matter to the success of a business? Opinions vary but as you will see, according to many seasoned inspectors, everything matters
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Call it what you will, AQM is a “do not use” list for appraisers. Now, isn’t that a kick in the pants? (For more details and to view a AQM FAQs,please click here).
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Fannie Mae’s New “Black List” As part of the collection and analysis of appraisal data via the Uniform Collateral Data Portal® (UDCP), Fannie Mae has unveiled a “do not use” appraiser list. According to their Appraiser Quality Monitoring (AQM) FAQs (1/6/14), “Fannie Mae will provide information directly to appraisers whose appraisal reports exhibit a pattern…
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The following Q&A follows the Working RE/OREP webinar Top 5 Questions Asked of Appraisers and How to Answer, presented by Richard Hagar, SRA. Find the recorded webinar at WorkingRE.com/Resources/Webinars.
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