All Blog Posts (3)

FYI - The following information was released today by the National Association of Realtors: (I apologize that the links are not active so you will need to cut and paste them into your web browser to see the content- Dave) To: All REALTORS® From: Charles McMillan, 2009 NAR President Re: UPDATE: FHFA and GSEs Act on HVCC Concerns Dear Fellow REALTOR®, I am writing to you with an important update on NAR’s efforts to address ongoing problems with recent changes to appraisal rules.… Continue

Good afternoon. I responded to the HVCC survey this morning, and noticed that this item was not addressed on the survey. The real problem we are having with third party appraisal ordering is the knowledge and experience of the person placing the order. Lenders are hiring entry level people to do the appraisal ordering, and those people are between us (the experienced appraiser) and them (the experienced lender). These inexperienced employees don't know what to order, and can't answer our questi… Continue

A bill to regulate the activities of Appraisal Management Companies (AMCs) in Missouri has been introduced in the Missouri House. I was privileged to give testimony in favor of the bill on behalf of MAAC. I encourage all appraisers in Missouri to contact their State Representatives and State Senators and express your support for this needed legislation. Here are the key points of my testimony to give you some talking points in discussing the bill with your representatives. The current ve… Continue