Fannie Mae's announcement SEL-2010-09, June 30, 2010 specifies lender responsibility and liability regarding appraiser selection criteria, regardless if the selection is performed by a third-party ...
In the wake of reports that some real estate appraisers are performing appraisals despite lacking sufficient knowledge of the local market, the Appraisal Institute has criticized those who violate the ...
Written by Charles Gress, as originally published in The Reverse Review. Competency under Uniform Standards of Professional Appraisal Practice (USPAP) is very clear. It says an appraiser must: (1) be ...
The Appraisal Foundation called its exposure draft the “most extensive reconsideration” of appraiser qualification criteria ...
If discrimination is committed by appraisers – as the news headlines would suggest – fellow appraisers and real estate agents say they rarely witness or experience it. A survey of appraiser members ...
Florida has enacted a bill changing its appraiser licensing law. HB 927 includes changes advocated by the Appraisal Institute. The law defines an “evaluation” as a “valuation permitted by any federal ...