Regulation

Speaking Frankly About Dodd Frank

Monday, February 25, 2013

Q & A with Greg Stephens and Bill Matchneer on the latest Dodd Frank Rules.

Recently the Appraisal Buzz was able to sit down with Greg Stephens SVP of Appraisal Operations and Compliance at Metro-West Appraisal Co. LLC and Bill Matchneer Senior Counsel at the Consumer Financial Protection Bureau, (CFPB) and talk about the recently released Dodd Frank rules and their upcoming webinar on the issues surrounding them.

NAHB Report Recommends Reforms of Residential Appraisal System

Friday, February 22, 2013

On Wednesday the National Association of Home Builders released their appraisal whitepaper on appraisal reform, "Comprehensive Blueprint for Residential Appraisal Reform." We had the opportunity to sit down with Steve Linville the Director of Single Family Finance at NAHB to ask him a few questions about the release.

BUZZ: Steve, Why is NAHB so interested in what is going on within appraisal land?

Well if the lender accepted it...

Wednesday, February 20, 2013

By Richard Hagar SRA

Well if the lender accepted it then it has to be legal. Really.....? I was recently talking to two "experienced professionals" about a real estate transaction they had just closed. During the discussion the agent, and his side-kick mortgage broker, both said the following:

"Paying money back to the buyer after the close of escrow is OK and was disclosed on the purchase and sale agreement. Since we "disclosed" the terms to the lender and the loan closed, it can't be fraud."

Clearing Up Any Misconceptions Around the Customary and Reasonable Rule

Friday, February 8, 2013

Interview with Bruce Unangst

The Appraisal Buzz recently had a moment to sit down and speak with Bruce Unangst Executive director of the Louisiana Real Estate Commission and Appraisal Board to talk about their proposed rule concerning appraisal fees and AMCs.

Buzz: Tell our readers a little about your background in the appraisal industry.

Alternate Dimensions of Dodd-Frank

Wednesday, January 30, 2013

It is hard to believe, but the appraising world may have just been inadvertently turned upside down once again due to President Barack Obama's 2012 recess appointments. President Obama is certainly not the first or only president to make use of recess appointments, both President George W. Bush and President Bill Clinton made great use of recess appointments and bypassed the Senate much more frequently than President Obama has.