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Appraisal Regulations

AppraiserLoft Achieves Compliance with TAVMA Standards and Expands Executive Team

Friday, January 22nd, 2010

Continuing to exhibit our longstanding support for unparalleled appraisal management practices, AppraiserLoft announces full compliance with Title/Appraisal Vendor Management Association’s (TAVMA) Standards of Good Practices in Appraisal Management. Released January 6, 2010, TAVMA standards join a composite of other appraisal management regulations set forth by FHA, HVCC and other agencies. As a leading appraisal management [...]

Freddie Mac: Home Valuation Code Has Improved Appraisal Quality

Tuesday, October 20th, 2009

By Brad Finkelstein, National Mortgage News October 20, 2022 ¦ Though it is early in the process, Freddie Mac said it has seen a tangible improvement in the quality of appraisals of loans it buys since the Home Valuation Code of Conduct took effect. Patricia McClung, Freddie’s vice president of offerings management, said at the [...]

How Appraisers are Using the 1004MC

Wednesday, June 24th, 2009

After almost three months of working with the 1004MC market conditions addendum, how are appraisers adjusting their workflow? Valuation Review spoke to several appraisers in the trenches to see what effect the form has had on turnaround times and fees, and what problems they have encountered when using the 1004MC. (6/18/2009) On April 1, the [...]

USPAP is updated for 2010-2011

Friday, June 12th, 2009

The Appraisal Foundation has released an update of the 2010-2011 edition of USPAP. Among the changes are a rewriting of Standard 3, an improvement in the clarity of the Ethics Rule and the Competency Rule, and a new disclosure requirement. Find out more here. (6/11/2022) The Appraisal Foundation has released the update for the 2010-2011 [...]

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