The AMC and the lender have an appraisal report with its adjustments taken from the market rather than from the pages of a cost manual or some other occult place polite people don't mention.
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>> See Past News Editions >> Click to Print>2016-2017 TAF Approved USPAP Online Enroll Now! (7 hours – $143.95)>FHA Checklist/Field Guide What the Appraisal Foundation Thinks By David Brauner, Publisher Editor’s Note: Working RE recently interviewed John Brenan, Director of Appraisal Issues, and David…
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The latest in a string of appraiser whistleblower lawsuits that highlight unethical and fraudulent practices that violate appraiser independence and perpetuate appraisal fraud.
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The volume of claims we see is down from the dark days following the financial collapse. While there are plenty of state board complaints, the frequency does not seem to be increasing.
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Lenders and AMC are telling me about their frustration with appraisers who “still don’t get it” and are not adapting to the new appraisal protocols.
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Lake appraisal, by its very nature, is complex. There is a lot that needs to be considered, and different areas of the country face different influences.
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