Latest News and Updates
On April 21, 2015, six federal agencies released a joint final rule on minimum requirements for appraisal management companies.
On March 26, 2015, the Federal Housing Administration (FHA) published Mortgagee Letter 2015-08, Electronic Appraisal Delivery (EAD) Portal for FHA-Insured Single Family Mortgages.
Learn about How New Technology is Guiding Valuations on May 12 in Washington, DC at the Real Property Valuation Forum.
Texas court holds that purchaser’s reliance on inaccuracies and omissions in draft appraisal provided to lender was unjustifiable, and could not support allegations of fraud regarding misrepresentation of building’s value.
On Feb. 4, 2015, Fannie Mae released Lender Letter 2015-02 to provide clarifications and additional information about Collateral Underwriter, Appraiser Quality Monitoring (AQM) and updates to the Property Eligibility and Appraisal Requirements section of the Selling Guide.