reports

Dos and Don’ts: Readdressing, Reassigning and Transferring Reports

Editor’s Note: Regulator and appraiser Larry Disney shows how USPAP is more flexible than many presume, when it comes to reassigning appraisal reports. Dos and Don’ts: Readdressing, Reassigning and Transferring Reports By Larry Disney Real property appraiser licensees often ask, “Can I readdress, reassign or transfer a real property appraisal report?” The answer is “no,”… Read More

“EDI” Open Standard Arrives

“EDI” Open Standard Arrives Anyone remember EDI? It was the often discussed “standard” for transmitting appraisal reports electronically that was always in development and right around the corner (for about six years). Without much fanfare, an open standard for describing property and appraisals, using XML markup language, has recently been ratified by the Mortgage Bankers… Read More

FNC-Appraiser Firestorm (Again)

FNC, Inc. is once again at the center of a firestorm in the appraisal world– this time over a user agreement that appraisers fear signs away their E&O insurance coverage. Appraisers are required to authorize the agreement if they want to continue working with many of the nation’s largest lenders via AppraisalPort. While the agreement… Read More

Altered Appraisal Reports

Now you see it, now you don’t: that’s what appraisers are saying about data that is disappearing or changing after a report leaves their desktop. Here’s what is happening and why, according to appraisers, vendors and other industry insiders. A certified appraiser, who wishes to remain anonymous fearing blacklisting, recently contacted her errors and omissions insurance… Read More