Features

Enforcing a Violation for Nonpayment of C&R Fees

How Georgia Enforces a Violation by AMC’s for Nonpayment of “Customary and Reasonable” Fees to Residential Appraisers. I was appointed Georgia Real Estate Commissioner in January of 2011. As such, I am also CEO of the Georgia Real Estate Appraisers Board (hereafter “the Board”). After my appointment, I quickly became aware of a problem many residential appraisers were having with …

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Wells Fargo goes big at Valuation Expo.

Meet the Wells Fargo’s team at Valuation Expo, July 11-13th, 2016. Rick Langdon, Chief Appraiser at Wells Fargo shared with us why he is so passionate about education and training. Rick has been an appraiser for 38 years and currently oversees a staff of 152 at Wells Fargo. Rick was the 2015 Valuation Visionary, nominated by his Collateral Risk Network …

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Building Our Future

This March The National Association of Home Builders (NAHB) announced Dr. Robert (Rob) Dietz as their new Chief Economist. Dr. Dietz is responsible for NAHB’s forecasts of housing and economic trends, survey research and analysis of the home building industry and consumer preferences as well as microeconomic analysis of government policies that affect housing. Buzz: Thank you for taking the …

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A Letter to the Editor

A Letter to the Editor from Nanci L. Weissgold, Partner, Alston & Bird LLP. Hi Joan, As an consumer finance attorney who represents several appraisal management companies that do business in Virginia, I read with interest the recent article in Appraisal Buzz written by the Virginia Coalition of Appraisal Professions titled “Customary and Reasonable Fees, Empowered to Enforce”. My comments …

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The Uberization of the Appraisal Process

Are you ready for this? It will happen. I just never seem to get the timing right. But for now you are stuck with legacy systems that have certainly gummed up the works. I know a lot of folks would like to blame appraisers. I think it is entirely unfair to blame the technically backwards approach to an appraisal on …

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Customary and Reasonable Fees, Empowered to Enforce

The Virginia Coalition of Appraiser Professionals (VaCAP) is a non-profit group of volunteer appraisers. We serve to promote public confidence in the appraisal profession as one of its central tenets. Since the beginning, Federal Regulation of the industry was initiated to “protect the public.” FIRREA, USPAP, HVCC, Dodd-Frank, state licensing of appraisers and appraisal management companies were inducted with consumer …

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Meet the VA Team at Valuation Expo

The Veterans Administration Home Loan Guaranty Program is the only provision of the original GI Bill that is still in force. In 1989 the Veterans Administration was renamed the Department of Veterans Affairs, also known as the VA. The Buzz staff was fortunate enough to speak with Gerry Kifer, Supervisory Appraiser of the VA. Buzz: Gerry,  you have joined us …

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A Sit-Down with Forsythe Appraisals

Exciting career opportunities are opening up for appraisers as our industry adapts to a shifting business landscape marked by substantial transactions. Notable among them is the First American Mortgage Solutions, LLC, April acquisition of Forsythe Appraisals, LLC. To better understand how this move stands to benefit appraisers, The Buzz staff invited Forsythe Appraisals’ president & CEO, John Forsythe, SRA to …

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