appraisers

Appraisal Institute Advises US Sentencing Commission to Require Appraisals

David Snyder
March 14, 2012 22:19

The Appraisal Institute urged the U.S. Sentencing Commission to require the use of real estate appraisals when calculating loss in mortgage fraud cases.  Section 1079A of the Dodd-Frank Act requires the U.S. Sentencing Commission to review and, if appropriate, to amend the federal sentencing...

Eminent Domain Weekly Round-Up

Brad Kuhn
January 25, 2012 14:14

Last week, we sent out a blog post with a number of quick updates on right-of-way-related issues making headlines across California.  Rick thought it would be a cool idea if we made this type of post a weekly habit, so here it goes (and, if it doesn't work or happen every week,...

Court Rules NY Can Pursue Suit Alleging Inflated Appraisals

David Snyder
November 27, 2011 15:19

New York's top court on Tuesday ruled that the state attorney general may pursue allegations that First American Corp. and its former subsidiary eAppraiseIT inflated property appraisals under pressure from client Washington Mutual. However, the court ruled only on the issue of jurisdiction and not...

2012-2013 Edition of USPAP Now Available

David Snyder
November 02, 2011 14:43

The Appraisal Foundation announced Oct. 13 that it has released its 2012-13 edition of the Uniform Standards of Professional Appraisal Practice. “USPAP” includes a variety of standards of professional practice for all appraisal disciplines. The 2012-13 edition will become effective Jan....

Mortgage Delinquency Rate Falls, Foreclosure Inventory Rises

David Snyder
October 31, 2011 14:22

According to Lender Processing Services - a data and analytics firm that tracks monthly statistics in its loan-level database of nearly 40 million mortgages - mortgage delinquencies fell slightly to 8.09 percent in September from August. The mortgage delinquency rate fell 0.5 percent from the...