by RMAA Website | Apr 4, 2025 | Appraisal News
Fannie Mae just released their Q1 2025 Appraiser Update. This includes a preview of the new Uniform Appraisal Dataset (UAD), guidance on how to determine condition, quality, location, and view ratings, and an overview of the new definitions of floor plan and sketch....
by RMAA Website | Apr 3, 2025 | Appraisal News
Both REcolorado and IRES made announcements this week on how seller concessions can be shown through their respective platforms. The REcolorado MLS now allows agents to itemize concessions when closing a listing. This can be accomplished by using the provided...
by RMAA Website | Mar 19, 2025 | Appraisal News
Today the Federal Housing Administration (FHA) issued Mortgagee Letter (ML) 2025-08, which rescinds multiple appraisal policy related Mortgagee Letters. If you are on the FHA approved roster, please be sure to read the letter. The impacted MLs include: ML 2024-16,...
by RMAA Website | Feb 28, 2025 | Legislation
The Limitations of Actions Against Appraisers Bill, SB25-035, was approved by the Senate this week with a vote of 31-1 (2 senators were absent and 1 seat is vacant). The bill has been introduced in the House and assigned to the Business Affairs & Labor Committee...
by RMAA Website | Feb 21, 2025 | Uncategorized
The Limitations of Actions Against Appraisers bill (with its amendment), SB25-035, was introduced yesterday in the Senate to the Business, Labor & Technology Committee where it was unanimously approved by the committee with a vote of 7-0. The next step is for the...
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