by RMAA Website | Apr 11, 2025 | Appraisal News
Fannie Mae released a statement today about real estate commissions and interested party contributions (IPC). This guidance is helpful for appraisers when deciding whether to treat a seller-paid real estate commission as a seller concession. This statement from Fannie...
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 | Nov 7, 2024 | Appraisal News
Fannie Mae just announced key updates to its Selling Guide, which go into effect in February 2025, with changes for appraisers regarding how market trends are analyzed and how comparable sales are selected and adjusted. While many appraisers have been operating under...
by RMAA Website | Nov 1, 2024 | Appraisal News
The Division of Real Estate sent out their bi-monthly update this week and it includes the renewal information for Colorado appraisers. If you still need to complete the 7-Hour National USPAP Update in order to renew your appraiser license, you can still register for...
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