Time is measured, for the most part, around significant points in history. For example, our current reference time is centered around one person’s life time. History has been segmented before and after the birth of Jesus Christ. When historians study........
On November 14, 2008 FDIC announced a loan modification program that attempts to keep people in their homes at lower mortgage payments by extending the terms of loans and lowering interest rates. They appear to be relying heavily on BPOs.........
While looking through the StreetLinks web site I noticed a couple of things that brought questions to my mind. On their Valuation Tools page they say: Estimating value prior to ordering an appraisal is critical to sales efficiency and customer........
Real Estate values in numerous parts of the country are in a downward spiral with no end in sight. Sellers are feeling frustrated about setting their listing price accurately. Sometimes it helps to get a brokers price opinion (BPO), but........
James B. Lockhart, Director of the Federal Housing Finance Agency (FHFA), regulator of Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks, today released the FHFA 2008 Performance and Accountability Report (PAR) detailing progress for FHFA, the Federal........
I just received an email from http://www.ICAPweb.com announcing that: ACI has recently acquired the assets of United Systems®, Day One®, and Appraisal.com. We are pleased to announce that we are re-opening operations and charting a new course for existing customers.........
If you attended my class at the "a la mode Regional Appraiser Conventions", I mentioned that Fannie Mae was working on a "one-page Market Conditions addendum" (similar to Wachovia and RELS forms). Fannie Mae has released the 1004MC form as........
The federal bank, thrift and credit union regulatory agencies today jointly issued for comment proposed Interagency Appraisal and Evaluation Guidelines that reaffirm supervisory expectations for sound real estate appraisal and evaluation practices. Within the proposed guidelines are new appendices: Appendix........
The federal bank, thrift and credit union regulatory agencies today jointly issued for comment proposed Interagency Appraisal and Evaluation Guidelines that reaffirm supervisory expectations for sound real estate appraisal and evaluation practices. The proposed guidance builds on the existing federal........
On Nov. 11th Appraisal Scoopreported that a new AppraisalPort® User Agreement scheduled to become effective December 13, 2008 had been released. The old and new versions were compared: According to the Liability Administrator's Appraiser Legal Defense and Insurance Blog: The........
