by RMAA Website | Oct 2, 2024 | Appraisal News, Uncategorized
Our very own JoAnn Apostol was recently interviewed by Appraisal Buzz! In the interview JoAnn shares valuable insights into Colorado’s new approach to handling appraiser disciplinary actions. With the Colorado Appraisal Board leading the charge, JoAnn explains how...
by RMAA Website | Sep 3, 2024 | Appraisal News, Uncategorized
The Colorado Department of Regulatory Agencies (DORA) just sent out a notification today regarding the Real Estate Appraiser Upcoming USPAP Audit: “Summer is coming to its unofficial end, which means the Division is approaching its annual renewal season. All...
by RMAA Website | Aug 7, 2024 | Appraisal News
On August 6, 2024, Fannie Mae issued a Selling Guide Announcement (SEL-2024-03) that extended the implementation deadline to October 31, 2024 for their new Reconsideration of Value (ROV) process. Freddie Mac and HUD announced the same implementation date extension...
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)...
by RMAA Website | Jun 26, 2024 | Appraisal News
REcolorado issued the following joint statement from the South Metro Denver Realtor Association (SMDRA) and the Denver Metro Association of Realtors (DMAR) on June 25, 2024: First and foremost, we want to apologize to each of you as our members that we were not able...
by RMAA Website | Jun 17, 2024 | Continuing Education
The Colorado Department of Regulatory Agencies (DORA) has an on-demand Reliable Record Keeping For Appraisers course available at no charge. Record keeping is an important cornerstone of any real estate appraisal practice. This course offers strategies and practical...
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