News

Appraisal Forms and the Model T

It took me a little while, but I finally organized all of my scribbled notes from this year’s Valuation Expo conference in Las Vegas. One of the themes that I observed was how well (or poorly) residential appraisers were doing regarding their part of the risk mitigation puzzle. There was quite a bit of discussion regarding (or inferences to) psychological …

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Tell a Value Story: Analysis of Prior Sales History

I see hundreds of appraisals every week. Because of this, I see common threads in how appraisals are completed which are not developed using proper appraisal process and/or not USPAP compliant. Many of these issues are due to improper training or lack of knowledge. Part of the problem is that appraisers typically get trained by one supervisor who may or …

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Risky Business

Peter Christensen is a frequent speaker at Valuation Expo and Collateral Risk Network compliance events. He is an attorney and serves as the general counsel of LIA Administrators & Insurance Services (www.liability.com). Buzz: Peter, you work on the “bleeding edge” of legal issues affecting the appraisal business community. What trends are you seeing? With respect to appraisal liability claims, the …

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Valuation Expo Las Vegas 2017 Wrap-up

Valuation Expo started off with a somber tone this year in light of the tragic events in Las Vegas. While we are thankful the appraisal community and Valuation Expo attendees were uninjured in the attacks, we all felt for those who lost their lives in the shooting. Ernie Durbin started off our conference with a moment of silence and a …

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What If?

Back in July, Collateral Risk Network (CRN) held their 3rd quarter meeting in Reston, VA.  As is typical for this conference, the first day is devoted to a focus on compliance with the 2nd day consumed by various committee meetings. Day 3 is reserved for our featured guest speakers and topics that inspire – or incite – interest and dialog. I want …

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The Changing Landscape of Residential Appraising

John S. Brenan, Director of Appraisal Issues, The Appraisal Foundation “I received a request to perform a desktop valuation, based on information provided to me by my client. That information included public record data, a prior appraisal report, and observations from a real estate agent who performed an inspection on the property. The client provided a form to use for …

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Wells Fargo

Are you looking for a job? Or a future? Let’s talk about building a rewarding career. You’ve got the passion. You’ve got the skills. Now you just need the right opportunity. At Wells Fargo, you’ll have the chance to join a team of smart and talented people who share the same values. Our diverse lines of business offer a world …

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NAR Weighs in on Appraisal Waivers

The Appraisal Buzz is thrilled that Bill Brown found time in his busy day for an interview. As President of the National Association of REALTORS® (NAR), Bill has written to the Federal Housing Finance Agency to voice NAR’s thoughts on pending appraisal waivers planned by Fannie Mae and Freddie Mac (GSEs). BUZZ: Bill, thank you so much for your time …

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