Appraisal Institute News | Appraisal Institute

Dec 06, 2017 12:30 PM

Bank Request for Appraisal Waiver has Huge Implications

A community bank in Tennessee has submitted a request to the Appraisal Subcommittee seeking a one-year waiver from appraisal regulation requirements to use a certified appraiser, the Appraisal Institute learned Nov. 29. If the waiver is approved, it would apply to all institutions, not just the requesting organization.

Sep 20, 2017 12:30 PM

Ginnie Mae Investigates Lenders for Targeting Military Members

Ginnie Mae is investigating allegations that lenders pressured current military members and veterans into unnecessary mortgage refinancing in order to reap high fees from the process, Bloomberg reported Sept. 14. The loans in question are tied to Ginnie securities, which support loans made through the U.S. Department of Veterans Affairs.

May 10, 2017 12:30 PM

Report Shows CRE Valuations on the Rise

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May 10, 2017 12:30 PM

House GOP Calls for Further Delay on Fiduciary Rule

Congressional Republicans are calling for an extended delay of the U.S. Department of Labor's fiduciary rule, which would, among other things, define who is considered a financial adviser, according to a letter submitted to Labor Secretary Alexander Acosta and signed by 124 House Republicans, Investment News reported May 2.

May 10, 2017 12:30 PM

Fed Leaves June Rate Hike on the Table

The Federal Reserve on May 3 kept interest rates unchanged and left open the possibility of a June rate hike, USA Today reported. The Fed cited job gains and reduced unemployment as causes for optimism, and said slowing first quarter economic growth is likely transitory.

May 03, 2017 12:30 PM

AI Lobbies to Modernize Appraisal Regulatory Process

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

May 03, 2017 12:30 PM

Tennessee Governor Signs Law Protecting Appraisers

On April 28, Tennessee Gov. Bill Haslam signed into law HB 376 that will establish a new statute of limitations regarding civil lawsuits and disciplinary actions against real estate appraisers.

May 03, 2017 12:30 PM

GSEs Should Maintain Funds, Community Bankers Say

The Independent Community Bankers of America on April 25 released a white paper calling for the government-sponsored enterprises to keep their capital reserves instead of the current plan of drawing them to zero in 2018, HousingWire reported. ICBA supports the GSEs maintaining their funds to avoid a potential bailout in the future.

Apr 26, 2017 12:30 AM

Appraisal Institute Supports Legislation to Modify PACE Loans

The Appraisal Institute was among more than two dozen real estate trade organizations April 24 announcing their support of S 838/HR 1958, the Protecting Americans from Credit Entanglements Act of 2017 – legislation that would modify consumer protection requirements for Property Assessed Clean Energy loans, known as PACE loans.

Apr 26, 2017 12:30 AM

House Introduces Another Alternative to Dodd-Frank, CFPB

The House Financial Services Committee on April 19 unveiled the updated version of the Financial CHOICE Act, which would replace the Dodd-Frank Act and significantly alter the Consumer Financial Protection Bureau, HousingWire reported. A hearing to discuss the Act is scheduled for this week.

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