As with most issues facing the appraisal industry, the problem of the aging appraiser and the lack of new valuation blood presents more questions than answers, but where one appraiser sees a problem, another sees an opportunity.
Subscribe to get the full story! Choose one of the options below:
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
A national mortgage company has reached a settlement
with regulators over charges that it improperly charged settlement fees
related to its appraisal affiliated business. The company has agreed to
pay more than $10 million to settle the charges. Read on to find out why
the regulators thought the appraisal fees were improper.
Loud and clear, appraisers and appraisal groups by the hundreds wrote to the Consumer Financial Protection Bureau over the past two weeks. The main topic of discussion was the desire to separate appraisal fees and AMC fees on the new disclosure forms that will be used once the TILA-RESPA Integrated Disclosure rules take effect. Read on to find out what industry leaders had to say.