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NEWS YOU CAN USE

September 20, 2016

The Appraisal Foundation: The Appraiser Qualifications Board (AQB) will hold a Public Meeting in St. Louis, Missouri, on Friday, November 18, 2016. Register here

September 15, 2016

The Appraisal Foundation: Now Available: 2nd AQB Exposure Draft of Proposed Changes to the Real Property Appraiser Qualification Criteria. Click here to view the exposure draft. 

September 14, 2016

The Appraisal Foundation: The Appraisal Standards Board (ASB) has issued the September Q&A's for the 2016-17 edition of USPAP on Inspection Using a Drone, and Restricted Appraisal Report for Multiple Parties. Click here to view. 

The Appraisal Foundation:
The Appraiser Qualifications Board (AQB) held a Public Briefing on Thursday, August 25th, 2016. The briefing was videotaped and included discussion of proposed changes to the Real Property Appraiser Qualification Criteria (Criteria). Click here to view. 

The Appraisal Foundation:
Course Reviewers Needed. Click here to learn more.

August 25, 2016

The Appraisal Foundation: The Appraisal Standards Board (ASB) invites you to its upcoming Public meeting on October 21, 2016, in Washington, DC. Click here to register. 

August 17, 2016

The Appraisal Foundation: Public Invited to Participate in Online Briefing. AQB to Offer Update on Proposed Criteria Changes. Click here to register. 

The Appraisal Foundation: 
The Appraisal Foundation is pleased to announce that the Appraisal Standards Board (ASB) has issued the Second Exposure Draft of proposed changes for the 2018-2019 edition of the Uniform Standards of Professional Appraisal Practice. Click here to view. 


July 29, 2016

Working RE: Selective Appraisal Group is hiring New Jersey Residential Real Estate Appraisers. Click here to learn more. 

July 28, 2016

CFPB Ombudsman: The CFPB Ombudsman's Office is an independent, impartial, and confidential resource to help you informally resolve process issues arising from CFPB activities. Click here to access the 2016 Mid-year update. Click here to access the full website. 

The Appraisal Foundation:
Public invited to Participate in Online Briefing. AQB to offer update on Proposed Criteria Changes. Click here to register. 

July 27, 2016

The Appraisal Foundation:
Click here for a summary of the 7.15.16 Appraisal Practices Board public meeting held in Raleigh, North Carolina.

July 14, 2016

The Appraisal Foundation: Free Voluntary Guidance for Appraisers. Click here for more information. 

July 13, 2016

Appraisal Buzz: How will Brexit affect the U.S. Housing Market? Article by Dr. Oonagh McDonald, CBE. Reprinted with permission. 

Appraiser Tools:
Check out HowLoud.com to find out the sound rating on properties around the country. This tool rates how much noise a site has from vehicle traffic, airline traffic, and local sources. The scale starts at 50 and goes to 100, where 50 is very loud and 100 is very quiet. Take a look!

July 12, 2016

The Appraisal Foundation: The Appraisal Foundation is pleased to announce a new Q&A Forum. You can post your questions on appraisal standards and appraiser qualifications and receive a timely answer from the Foundation staff. Click here for more information.  
 
July 8, 2016

The Appraisal Foundation: The Meeting Summary from the Spring 2016 Meeting of the Board of Trustees is now available. Click here to read a copy.

June 30, 2016
 
The Appraisal Foundation: The International Valuation Standards Council and the Appraisal Foundation Release Standards Bridge Document. Click here to view the Press Release. Click here to view the document, A Bridge from USPAP to IVS. 

June 28, 2016

Valuation Review: ASA and NAIFA Whitepaper Addresses Regulatory Threat, by Mike Holzheimer. Article reprinted with permission of Valuation Review. 

The Appraisal Foundation: On June 24, 2016, the Appraiser Qualifications Board (AQB) held a public meeting in Las Vegas. Click here to view the meeting summary. 

June 24, 2016

The Appraisal Foundation: The Appraisal Practices Board (APB) has adopted the following APB Valuation for Financial Reporting (VFR) Valuation Advisory - APB VFR Valuation Advisory #2: The Valuation of Customer-Related Assets.

June 16, 2016

The Appraisal Foundation: The Appraisal Foundation Announces Elections and Appointments for the Board of Trustees and Appraisal Practices Board. Click here to view the article. 

June 9, 2016

National Mortgage News: Are Appraisal Changes Putting FHA Loans at a Disadvantage? By Brad Finkelstein. Reposted with permission of National Mortgage News.

The Appraisal Foundation
: The Appraiser Qualifications Board (AQB) has issued the following June Q&A's

May 23, 2016 

Working RE: AQB Proposes Alternative to College Degree Requirement. Article by Isaac Peck. Posted with permission from Working RE.
 
May 18, 2016

USPAP Flexibility at a Glance: Click here to view.

May 17, 2016

The Appraisal Foundation: On April 13, 2016, the ASB published the First Exposure Draft of proposed changes for the 2018-19 Uniform Standards of Professional Appraisal Practice (USPAP). Click here to view.

May 11, 2016

Fannie Mae's New FAQ's: Click here to view Fannie Mae's new Appraisal and Property Related FAQ's. 

May 4, 2016

The Appraisal Foundation: The Appraisal Foundation is pleased to announce that the Appraisal Practices Board (APB) has adopted the following Valuation Advisory: APB Valuation Advisory #7: Valuation of Green and High Performance Property: One to Four-Unit Residential. 

April 28, 2016

The Appraisal Foundation:
The Appraisal Foundation has issued the First Exposure Draft of proposed changes for the 2018-19 edition of the Uniform Standards of Professional Appraisal Practices.

The Appraisal Foundation:
2016 AQB Public Meetings
  • August 25 - Web-based
  • November 18
The Appraisal Foundation: On April 8, 2016, the Appraiser Qualifications Board (AQB) held a public meeting in Phoenix, AZ. The meeting provided the AQB opportunity to hear public comment in response to the Discussion Draft - Potential Areas of Change to the Real Property Appraiser Qualification Criteria (Criteria). In addition, the Board provided an update on the following AQB programs:
  • National Uniform Licensing and Certification Examinations
  • Course Approval Program
  • Graduate/Undergraduate Degree in Real Estate Review Program
The AQB received over 270 written comments in response to the Discussion Draft issued on February 11, 2016. The Discussion Draft contained potential areas of change to the Criteria, focusing on the following areas:
  • Alternative Track for Licensed Residential to Certified Residential 
  • Enhanced Practicum Curriculum 
  • Documenting Alternative Experience
  • "Trainee" Nomenclature 
  • Three-Year Supervisory Residency Requirement

To review the Discussion Draft and public comments on it, click here

March 29, 2016

Appraisal Buzz: A Shortage of Appraisers? Article by David Bunton. Re-posted with permission by Appraisal Buzz. 

March 22, 2016

The Appraisal Foundation: The Appraisal Standards Board (ASB) has issued March Q&A's for the 2016-17 edition of USPAP on the following topics:
  • Public Trust
  • Appraising Two Lots as One (Prior Q&A 2015-12 Revised)

March 9, 2016

The Appraisal Foundation: On February 19, 2016 the Appraisal Standards Board (ASB) held its first public meeting this year. The Board discussed the Discussion Draft – Potential Areas of Change for the 2018-19 edition of the Uniform Standards of Professional Appraisal Practice, which includes potential revisions, as needed, in the following areas of USPAP:

  • Communication of Assignment Results
  • STANDARD 6, Mass Appraisal, Development and Reporting
  • Definition of assignment
  • Review of the terms assumption and extraordinary assumption
  • STANDARD 3, Appraisal Review, Development and Reporting
  • Review of Standards Rules 7-2(c), SR 7-5, and 8-2(v)
  • Review of Standards Rule 8-3
  • Review of Advisory Opinions 1, 18, 21 and 31
  • Other edits to improve clarity and enforceability of USPAP

The Board is also reviewing the overall presentation of USPAP, considering its future format and design. The Board believes it is fulfilling its work plan and addressing the needs of appraisers and users of appraisal services by considering any potential revisions to USPAP. 

Click here for the meeting summary. 

February 22, 2016

The Appraisal Foundation: The Purpose of the Appraisal Practices Board (APB) and information regarding recent topics discussed. Click here to view article. 

February 15, 2016

The Appraisal Foundation: The Appraisal Standards Board (ASB) has issued February Q&A for the 2016-2017 edition of USPAP on the following topics: Is Turnaround Time an Assignment Condition. Click here to view.

January 20, 2016
 
NAIFA: NAIFA: NAIFA, ASA, ASFMRA Ask CFPB to Take Notice of Possible Increase in Appraisal Threshold, and to Exercise Right to Review Any Increase. Click here to read more. 




 

ASSOCIATION NEWS

September 20, 2016

NAIFA 2017 Election Results:
 
New Line Officers:
  • President Elect - Rob Luciani, IFA
  • Treasurer - Mike Cordell, IFA

New Board Members:

  • Molly Orman, IFA
  • Bob Solotist, IFA

 


July 25, 2016

It is with great sadness that we announce the passing of Carol A. Ames, IFA. Carol was a great friend and mentor to many, and will be deeply missed by all. Carol has held many positions with NAIFA over the years. This year Carol served as the Admissions Committee Chair, and served on the Board of Directors.

Cards can be sent to 1209 LA Charles Dr. NE, Albuquerque, NM. 87112. In lieu of flowers donations can be made to an animal rescue organization of your choice, or the E&R Trust.


NAIFA is deeply saddened to announce the passing of Malcolm Bethune, IFA. Malcolm was an active member of NAIFA. He was proud of his time serving NAIFA and for the awards and recognition he gained over the years. Malcolm will be missed. Click here to read Malcolm's obituary. 

Memorials may be made to First Presbyterian Church Marietta, 189 Church Street, Marietta, GA. 30060.


July 19, 2016

It is with our deepest sympathy that we announce the passing of Joseph Krass, IFAS. Joe served as NAIFA National President in 1986. To view Joe's obituary click here

July 6, 2016

It is with our deepest condolences that we announce the passing of Frank Stearle, Jr. Frank passed away on Sunday, July 3, after battling multiple health issues for the last 6 months. Frank had been a NAIFA member since 1986 and served the New Jersey NAIFA organization in multiple capacities over the years. 

Visitation was held on Thursday, July 7, 2016 at Saul Colonial Home in Hamilton Square, New Jersey. 

In lieu of flowers, contributions can be made in Frank's memory. 

June 17, 2016

NAIFA Issues White Paper on FIRREA Title XI: NAIFA and ASA have authored a white paper addressing the proposed redefinition of FIRREA Title XI.  NAIFA believes that the proposal under consideration would irreparably change the current national appraiser regulatory and operational system.

To read the full White Paper, click here. To read a covering letter signed by NAIFA and ASA, click here. To read a one page synopsis, click here. Finally, if your organization would like to endorse the White Paper by becoming signatory, please contact John D. Russell, JD, Director of Government Relations for NAIFA and ASA, at jrussell@appraisers.org or 703-733-2103.

May 6, 2016

2016 National Conference: Registration is now open for the 2016 National Conference. For more information about the conference, click here. To register for the conference and take advantage of the early bird rates, click here.

January 5, 2016

AHP Insurance: NAIFA Members now have access to individual health insurance options. Click here to learn more.

December 29, 2015


NAIFA Weighs In on Appraisal Threshold Issue

The OCC, Board, and FDIC are conducting a review of the regulations they have issued in order to identify outdated or otherwise unnecessary regulatory requirements imposed on insured depository institutions, as required by the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). EGRPRA requires the Agencies to organize the regulations into categories and publish groups of categories for comment. In a notice published in the Federal Register on December 23, 2015, the Agencies are seeking public comment on regulations in the following categories: Rules of Procedure; Safety and Soundness; and Securities. 

Click here to view the December 23 Federal Register notice seeking stakeholder comments on several appraisal rules  (including the appraisal threshold issue).  Comments are due by March 22, 2016. 

NAIFA has already submitted written comments on this issue, strongly opposing a threshold increase.  Our letter to CFPB Director Cordray advises him of the Agencies’ clearly stated interest in considering a threshold increase and asks him what specific steps he intends to take pursuant to Dodd-Frank and when to review any such action.  Our letter cites the statements of FDIC officials showing their interest in a threshold increase and urges that the Bureau intervene in the process now.  NAIFA members are encouraged to review the issue and express your thoughts directly to the responsible Federal Agencies.

November 23, 2015
 
A La Mode Give Back Code: While making any A La Mode purchase be sure to enter the code AFFNAIFA at checkout and A La Mode will give back 1% of proceeds to NAIFA.

 

 

ANNOUNCEMENTS

Managing your NAIFA profile:

Think of your online NAIFA profile as an online resume. Like a resume, your NAIFA profile provides your contact information, experience, education, professional recognition, skills/qualifications, and much more. Your NAIFA profile is your online advertisement to over 700,000 annual visitors to NAIFA's website. Be sure to keep it up-to-date and accurate to ensure that when people are looking for an appraiser - they find you!
Click here to learn how to manage your online profile.

 

 

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National Association of Independent Fee Appraisers
330 North Wabash Avenue, Suite 2000, Chicago, IL 60611
Phone: 312-321-6830 Fax: 312-673-6652 Email:
info@naifa.com

If you are looking for the National Association of Insurance and Financial Advisors, an unaffiliated insurance & financial association, click here.