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NEWS YOU CAN USE
July 28, 2014 Working RE: Now Hiring Certified Residential Appraisers! Click here for more information.
July 25, 2014
The Appraisal Foundation: The next public meeting of the Appraiser Qualifications Board (AQB) is approaching. Please take the time to register for this meeting if you plan to attend.July 23, 2014 The Appraisal Foundation: The Appraisal Foundation Seeks Candidates for Vacancies on the Appraiser Qualifications Board and the Appraisal Standards Board. Application Deadline is August 4, 2014. Click here for more information. July 14, 2014
The Appraisal Foundation: The Appraisal Practices Board (APB) of The Appraisal Foundation is seeking Subject Matter Experts (SMEs) for The Collection and Verification of Data used in the Sales Comparison Approach for Non-Residential Properties. The solicitation can be found by clicking here.
July 28, 2014
Frank A. Miller, Jr.
NAIFA has learned of the passing of Past National President
Frank A. Miller, Jr. A longstanding member of NAIFA (over 40 years) who
held multiple leadership roles with the organization, including serving as
National President in 1970, Mr. Miller passed on May 29, 2014 in St. David,
Arizona, his home town. Mr. Miller’s memorial service was June 7,
2014. Condolences can be sent to Mary Eileen Miller, his wife of 55+
years, at PO Box 40, St. David, Arizona 85630.
July 15, 2014
Service information for F. Dale Bynum
Wake - Thursday evening, July 17th, 7 p.m.Mass - Friday morning, July 18th, 10:30 a.m.
Both the wake and the mass will be held at:
Sacred Heart Catholic Church, 208 S Evans, El Reno, Oklahoma, 73036
In lieu of flowers, donations may be submitted to Sacred Heart Catholic Church or the American Cancer Society.
If you would like to send benevolences to the family, you can mail to: The Family of Dale Bynum, P.O. Box 429, El Reno, OK. 73036
Click here to view Dale's Obituary
July 2, 2014
Save the date for the 2014 NAIFA National Conference! Join us in Clackamas, Oregon, September 17-20. We look forward to seeing you there. Click here for more information.
June 20, 2014
June 6, 2014
NAIFA/ASA Comment on Proposed Rules:
NAIFA's government affairs consultants Peter Barash and John Russell, and NAIFA’s Legislative Committee have issued a response to the Joint Notice of Proposed Rulemaking establishing "Minimum Requirements for Appraisal Management Companies”. You will find the entire response here, and below are a few highlights:
- The Proposal lacks guidance and fails to provide illustrative examples of prohibited AMC conduct that undermines appraiser independence
- The Joint Proposal fails to establish or even discuss a process for the filing of complaints by appraisers against federally regulated AMCs alleging violations of an AMCs appraisal independence responsibilities
- We strongly object to the Agencies decision NOT to adopt appraisal review standards for AMCs
- We disagree with the Agencies view that Dodd-Frank’s AMC provisions are not applicable to appraisals ordered through an AMC when performed in connection with commercial real estate transactions
These are some main points we wish to stress to the Agencies for consideration in their rulemaking. Please take a few minutes to read the letter in its entirety to be aware of our position on this very important issue. Although approximately 37 states have already enacted AMC legislation, there is a possibility that some laws will have to be altered for the state appraisal regulatory agencies to be in compliance. There is no proposal to deal with customary and reasonable fees. Apparently we are still left to fight out the fee situation on our own with no guidance from the Agencies.
- We raised an issue that the Agencies have not addressed. The problem of nonpayment of appraiser fees by AMCs and the issue of mortgage lender responsibility for paying appraisers when the AMCs THEY hire are unable or unwilling to do so.
Ann Susko, IFA
Co-Chair Legislative Committee
Office Comptroller of the CurrencyFederal
ReserveBureau of Consumer Financial
ProtectionFederal Deposit Insurance
CorporationNational Credit Union Association
Federal Housing Finance Agency
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NAIFA Speaker Thank You
NAIFA would like to thank all the speakers who participated in the 2013 national conference:
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