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Results: 1400 Articles found.
June 2017

AI Expresses Concern about Possible Appraisal Waivers

The Appraisal Institute was one of several organizations that met with officials from Fannie Mae and Freddie Mac on May 23 to discuss concerns about initiatives under consideration that would waive appraisals in purchase and refinance loan transactions. AI followed up its meeting with a letter to the government-sponsored enterprises reiterating its position against the waiver.

 

June 2017

Minnesota Makes Significant Changes to Appraiser Law

Minnesota Gov. Mark Dayton on May 11 signed HF 593, legislation that makes several important changes to the state's appraiser licensing and certification law, including issues concerning non-compliance with the appraiser licensing law and background checks.

 
June 2017

New Jersey, South Carolina Enact AMC Laws

New Jersey and South Carolina enacted new laws requiring the registration and oversight of appraisal management companies; 42 states now have such laws.

 

June 2017

Dodd-Frank Overhaul Is Unlikely, McConnell Says

Senate Majority Leader Mitch McConnell told Bloomberg News May 16 that Congress is unlikely to make major changes to the Dodd-Frank Act due to lack of support from Democrats. McConnell specifically cited the need to help community banks because he believes they are unduly harmed by the legislation.

 
June 2017

AI Lobbies to Modernize Appraisal Regulatory Process

More than 100 Appraisal Institute professionals went to Capitol Hill May 4 to urge congressional support for the modernization of the appraisal regulatory process.

 

June 2017

Fiduciary Rule Excluding Appraisals Takes Effect

Major parts of the U.S. Department of Labor's fiduciary rule takes effect June 9, Investment News reported May 23. While the final rule excludes appraisals and fairness opinions, as requested by the Appraisal Institute, the DOL said it would address those issues later, but did not provide specifics.

 
June 2017

Northwest is Nation’s ‘Hottest’ Real Estate Market: Report

The Pacific Northwest stands out as the nation's hottest residential real estate market, with the Seattle and Portland, Oregon, markets outperforming the country's other major metros areas, according to real estate analytics firm Clear Capital, MBA NewsLink reported May 17.

 

June 2017

US Mortgage Fraud on the Rise: CoreLogic

Mortgage fraud risk across the U.S. is up 8 percent from first quarter and is at the highest level since third quarter 2010, according to the CoreLogic National Mortgage Application Fraud Risk Index released April 24, DS News reported. The Youngstown-Warren-Boardman, Ohio-Pennsylvania, area saw the largest increase in the Index.

 
June 2017

Florida Makes Significant Changes to Appraiser Licensing Law

Florida Gov. Rick Scott on May 23 signed HB 927, legislation that makes significant changes to the state's appraiser licensing law and requires appraisal management companies to comply with federal minimum requirements for registration and oversight. The law takes effect Oct. 1.

 

June 2017

Tennessee Governor Signs Law Protecting Appraisers

Tennessee Gov. Bill Haslam on April 28 signed HB 376, legislation that establishes a new statute of limitations regarding civil lawsuits and disciplinary actions against real estate appraisers.

 
Results: 1400 Articles found.

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