Thanks largely to the ill-informed efforts of New York’s Attorney General and the HVCC, we are now witnessing more insidious and blatant attempts to manipulate appraisers than we saw during the height of the real estate bubble. Appraisers are being Read more…
I attended the recent conference of the Association of Appraiser Regulatory Officials (AARO) in New Orleans to participate on a panel discussing the need for consistency in appraiser discipline across the states. AARO’s membership consists of the board members, appraisers, Read more…
We’ve observed a new pattern by one national lender. “Risk Management” at this lender has been submitting numerous complaints to state boards based only on single review appraisals which merely indicate “potential violations” of USPAP. I think the lender wants Read more…
We previously commented that Nationstar Mortgage is the lender who currently asserts the most claims against appraisers. In the last week, we have observed a new tactic being employed by Nationstar and feel that appraisers need to be aware of Read more…
When I talk to our appraisers about legal matters affecting them, many of them want to know which lenders file the most claims against our appraisers. My current answer for who is No. 1 on that list is easy: Nationstar Read more…