Appraisal Institute

Appraisal Institute News

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Results: 157 Articles found.
May 02, 2018 12:30 AM

CoStar Cracks down on Freeloaders

Data firm CoStar announced plans April 23 to target so-called “freeloaders,” users accessing its database without paying, The Real Deal reported. The firm said it suspects as many as 30,000 individuals are illegally using its commercial real estate database.

 
Apr 26, 2018 08:00 AM

Co-working Spaces Changing Office Real Estate: Valuation Magazine

Co-working spaces are significantly impacting the U.S. office real estate market, but it’s unclear if the explosive growth they’ve experienced since the Great Recession signals a market disruption or a passing trend, according to an article in Valuation magazine’s first quarter 2018 issue.

 
Apr 25, 2018 12:30 PM

The Appraisal Subcommittee Denies Bank Request for Appraisal Waiver

The Appraisal Subcommittee unanimously rejected a temporary waiver request from TriStar Bank of Dickson, Tennessee, during a special meeting April 23 in Washington. The Appraisal Institute led industry efforts opposing the bank’s request for a waiver of certification requirements, which would have allowed appraisals to be completed by non-certified appraisers.

 
Apr 25, 2018 12:30 PM

Fed Cites Appraisal Threshold Success in Banking Efficiency Testimony

Randal Quarles, the Federal Reserve’s vice chairman of supervision, testified April 17 before the Senate Committee on Banking, Housing, and Urban Affairs about regulatory changes that increase banking efficiencies, citing the recent increase in the appraisal threshold for commercial real estate loans, which he said posed no threat to safety and soundness.

 
Apr 25, 2018 12:30 PM

Wells Fargo Pays $1B to Settle Mortgage Fee and Other Abuse Claims

Wells Fargo on April 17 agreed to pay a $1 billion fine to settle allegations from the Consumer Financial Protection Bureau that it routinely charged homebuyers excessive “rate-lock” fees, Reuters reported. The bank, which also was accused of force-placed auto insurance, agreed to settle without admitting or denying wrongdoing.

 
Apr 13, 2018 08:00 AM

Home Values Rebound from Oil Spills: The Appraisal Journal

Home values in Golden Beach, Maryland, near an April 2000 oil spill dropped in the short term, but rebounded after two years, according to a study published this week in The Appraisal Journal.

 
Apr 11, 2018 12:30 PM

Fannie Mae Permits Lenders to Contribute to Borrower Closing Costs

Fannie Mae announced April 3 that it will allow lenders to contribute to borrowers' closing costs if the funds are a gift and not part of the down payment. There is no limit on the amount a lender can give to a borrower, provided it does not exceed the total closing cost amount.

 
Apr 03, 2018 10:55 AM

New Appraisal Institute Book Examines Appraisers’ Role in Arbitration

Valuation professionals can serve as arbitrators, expert witnesses or consultants during the arbitration process and can provide valuable input from the preliminary hearing to final award, according to a new book published by the Appraisal Institute.

 
Mar 28, 2018 12:30 PM

FHFA Working Paper Compares AMC, Non-AMC Appraisals

A new working paper produced by the Federal Housing Finance Agency explores how appraisals contracted through appraisal management companies compare to those contracted directly by lenders, DSNews reported March 26. The paper suggests that the appraisals are statistically very similar to each other.​

 
Mar 28, 2018 12:30 PM

CRE Prices, Deals Already Altered by Steel, Aluminum Tariffs: Reports

While President Trump’s tariffs on foreign steel and aluminum have yet to take effect, reports show they already are influencing deal negotiations, bottom lines and construction pricing for commercial real estate, National Real Estate Investor reported March 20.

 
 
Results: 157 Articles found.

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