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HVCC Petitions

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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

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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

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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 Vendor Links

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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

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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

The Appraisal Foundation Appoints New National Board

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

Appraisers Put AVM Zillow to the Test

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