by RMAA Website | Jul 31, 2024 | Uncategorized
Five federal regulatory agencies today issued final guidance addressing reconsiderations of value (ROVs) for residential real estate transactions. The guidance advises on policies and procedures that financial institutions may implement to allow consumers to provide...
by RMAA Website | Jul 25, 2024 | Appraisal News
Recently, the Appraiser Qualifications Board (AQB) has proposed new requirements for those looking to become an appraiser or renew their certification/license. These include mandatory completion of an initial fair housing course lasting seven hours by January 1st...
by RMAA Website | Jul 24, 2024 | Appraisal News
The Appraiser Qualifications Board (AQB) has a Concept Paper exploring the college degree requirement available for public comment until July 27th. Here are some important links: Concept Paper on the college degree requirement Accompanying reference material Comment...
by RMAA Website | Jul 19, 2024 | Appraisal News
Earlier this week, the Appraisal Standards Board released a new Question and Answer covering Yellow Book and Competency. 2024-07: Yellow Book & Competency Question: My client has requested an appraisal assignment that would be used in connection with the...
by RMAA Website | Jul 2, 2024 | Appraisal News
Today, the Federal Housing Administration (FHA) is announcing updates to its FHA Connection (FHAC) system and an industry stakeholder briefing webinar as part of the implementation of its Appraisal Review and Reconsideration of Value Updates Mortgagee Letter (ML)...
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