TRID v Customary and Reasonable Fees

By Josh

This past week, I had the opportunity to discuss TRID with appraisers, lenders, and AMCs when I attended and spoke at the Appraisal Summit and Expo. Clearly, there are misunderstandings of this lender disclosure rule. A few basics about the TRID rule (TILA RESPA Integrated Disclosure): The lender must disclose the appraisal fee to the […]

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About Joshua Walitt

Joshua Walitt
Joshua Walitt is a certified residential real estate appraiser, reviewer, speaker, and educator. As the Compliance Manager for Property Interlink, he oversees valuation review, procedures, training, licensing, and audit. Joshua speaks at national events and client conferences, writes for industry publications, and participates in industry and agency meetings. He also designs and presents CE courses and webinars for online and classroom delivery. His work with individuals and groups focuses on the use of technological tools, proper methods, sound logic and reasoning. Walitt designed the Market Machine, a market analysis and valuation modeling tool used by appraisers throughout the U.S.. He has also provided valuation consulting for international applications. He holds the SRA designation through the Appraisal Institute, is a Board member (MNAA) of the National Association of Appraisers, and is a Certified Distance Education Instructor (CDEI). Additionally, he chairs the Agency Relations Committee on the Collateral Risk Network.

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