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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: The Appraiser Qualifications Board (AQB) will hold a Public Meeting in Las Vegas, NV on Friday, June 24, 2016. To register click here.
The Appraisal Foundation: 2016 AQB Public Meetings
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:
- June 24
- August 25 - Web-based
- November 18
April 15, 2016
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:
- National Uniform Licensing and Certification Examinations
- Course Approval Program
- Graduate/Undergraduate Degree in Real Estate Review Program
- 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. The Appraisal Foundation: The Appraisal Standards Board (ASB) is holding an upcoming meeting on June 17, 2016, in Indianapolis, Indiana. Click here to Register.
The Appraisal Foundation: The Appraisal Foundation just released a recently developed factsheet titled, Yes I Can Accept That Assignment! USPAP Flexibility at a Glance. Click here to view.
April 13, 2016 The Appraisal Foundation: The Appraisal Standards Board (ASB) has issued the First Exposure Draft of proposed changes for the 2018-19 edition of the Uniform Standards of Professional Appraisal Practice. Click here to view.March 29, 2016March 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:
March 9, 2016
- Public Trust
- Appraising Two Lots as One (Prior Q&A 2015-12 Revised)
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:February 24, 2016
- 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.
The Appraisal Foundation: Upcoming meeting.
Event: ASB Public Meeting
Date: June 17, 2016
Time: 9:00 am - 12:00 pm
Location: Indianapolis, IN
Click here to register.
The Appraisal Foundation: The Appraiser Qualifications Board (AQB) will hold a public meeting in Phoenix, AZ. on April 8, 2016. Click here to register.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. The Appraisal Foundation: The Appraiser Qualifications Board (AQB) seeks input on a Discussion Draft of Potential changes to the Real Property Appraiser Qualification Criteria
. To access the discussion draft, click here
January 27, 2016
Working RE: AMC Fined Over C&R Fees. Click here to read. Posted with permission from Working RE. January 20, 2016
|January 29, 2016 NJ-NAIFA 50th Anniversary Educational Conference: Join the NJ-NAIFA in Atlantic City, New Jersey on April 12th and 13th for their annual education conference. Click here to view the full brochure.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.
October 28, 2015
2015 Award Winners:
Educator of the Year - Nena W. Henderson, IFA
Appraiser of the Year - Lou Bonato, IFA
Paul A. Wetzel Outstanding Service Award - Terry Clark, IFA
New Line Officers:
President Elect - Dave Doering, IFA
Treasurer - Rob Luciani, IFA
New Board Members:
Michael Lange, Sr., IFAC
Gregory Zieba, IFAS
Managing your NAIFA profile:
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