Sonoma County Appraiser Snapshot


Posted by Erik Kirby on April 9th, 2018 8:42 AMLeave a Comment

Subscribe to this blog

Posted by Erik Kirby on March 19th, 2018 7:43 AMLeave a Comment

Subscribe to this blog

Posted by Erik Kirby on March 1st, 2018 11:30 AMLeave a Comment

Subscribe to this blog
February 23rd, 2018 9:28 AM

Posted in:real estate, and tagged: santa rosawild fire
Posted by Erik Kirby on February 23rd, 2018 9:28 AMLeave a Comment

Subscribe to this blog

March 6th, 2017 2:43 PM
Four panelists weigh in on whether or not technology will ultimately replace the human appraiser:

http://www.housingwire.com/blogs/1-rewired/post/39463-experts-answer-will-technology-replace-appraisers




Posted in:appraisers and tagged: appraisal technology
Posted by Erik Kirby on March 6th, 2017 2:43 PMLeave a Comment

Subscribe to this blog

The link below was provided by the publisher of Working RE magazine, a division of OREP, this appraiser's insurance provider. The Executive Essay was printed in the April 2011 issue of Mortgage Banking magazine. The essay provides a thorough and cogent explanation of the market for lender-based appraisals here in the spring of 2011.

The appraisers are out there, however, many refuse to complete appraisals for the below market fees being offered by many AMCs. One factor not mentioned in the article is that a number of lenders (not identified here as it is common for AMCs and lenders to "blacklist" appraisers who speak out against a particular company) actually own their own AMCs either outright of through joint ventures. These particular AMCs are some of the worst offenders regarding unreasonably low fees being offered to appraisers.

Do not hesitate to write of post feedback. Here is the link:

http://www.workingre.com/workingre/missing-appraiser-essay.pdf

 


Posted in:General
Posted by Erik Kirby on May 25th, 2011 10:38 AMLeave a Comment

Subscribe to this blog
May 16th, 2011 11:46 AM

A recent blog post in the appraiserlawblog by Liability Insurance Associates (LIA) details the FDIC's recently filed suit against two large AMCs. As stated in the conclusion, while it may warm the hearts of appraisers to see two AMCs being sued, it probably means negative outcomes for all appraisal related industries as it diminishes the overall perception of the importance of appraiser conducted services in the minds of the courts and public.

To read the full post (recommended), please click link below:

http://www.appraiserlawblog.com/2011/05/fdic-sues-corelogic-over-wamu.html

 


Posted in:General
Posted by Erik Kirby on May 16th, 2011 11:46 AMLeave a Comment

Subscribe to this blog

The link below is a story published 5/25/2010 on the blog of Liability Insurance Administrators. It details recent happenings in a lawsuit by a group of homeowners against one of the country's largest lenders. The subject of the suit is that homeowners' equity lines of credit (HELOCs) were unjustly reduced based on flawed valuations completed through the use of an automated valuation model (AVM) rather than a full appraisal.

If the lawsuit is successful, it will put new scrutiny on the use of AVMs which could potentially favor independent fee appraisers whose businesses have been negatively impacted by the use of AVMs for lending decisions.

http://www.appraiserlawblog.com/

 


Posted in:General
Posted by Erik Kirby on May 26th, 2010 8:37 AMLeave a Comment

Subscribe to this blog

The Mortgage Asset Research Institute (MARI), a division of Lexis-Nexis, published an annual report on April 27, 2010, revealing that appraisal fraud actually increased following the implementation of the HVCC May 1, 2009.

Click the link below to read the full story by syndicated real estate columnist Kenneth Harney:

http://www.bostonherald.com/business/real_estate/view.bg?articleid=1251682&srvc=rss


Posted in:General
Posted by Erik Kirby on May 5th, 2010 11:55 AMLeave a Comment

Subscribe to this blog