dedicates this page to sharing breaking news that affects Appraisers


October 21, 2019


A POWERFUL week for all appraisers!
WATCH THE VIDEO HERE
If you believe Appraisers have no voice and no one is working for you...
YOU'RE WRONG!
Our own Pete Gallo, NCREAA's Liason and founder of the Network of State Appraiser Organizations / NSAO, were out in FORCE this past week in Washington, DC...working and organizing with others to advocate for APPRAISERS!
GIVE YOUR SUPPORT TO APPRAISERS WHO SUPPORT YOU!
JOIN NCREAA TODAY!
We ARE making a difference and the more of us that UNITE,
THE LOUDER OUR VOICE BECOMES!

*learn more about the NSAO HERE
*share info about NCREAA HERE

October 16, 2019

Bill H.R.3619 

Referred in Senate 09/23/2019

AN ACT

To amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to provide the Appraisal Subcommittee with the authority to modify annual registry fees for appraisal management companies, to maintain a registry of trainees and charge a lower trainee registry fee, and to allow grants to States to assist appraiser and potential appraiser compliance with the Real Property Appraiser Qualification Criteria, and for other purposes.


HR 3619 has left the House and
is now ready for consideration in the Senate.

There are several key issues for Appraisers included in this bill, including;

SEC. 3. Trainee Appraisers

(c) Definition.—Section 1121 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 3350) is amended by adding at the end the following new paragraph:

“(12) TRAINEE APPRAISER.—The term ‘trainee appraiser’ means an individual who meets the minimum criteria established by the Appraiser Qualification Board for a trainee appraiser license and is credentialed by a State appraiser certifying and licensing agency.”

SEC. 5. Requirement to disclose appraisal fees.

Section 4(c) of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2603(c)) is amended by striking “may” and inserting “shall”.

Follow the LINK HERE to read the entire Bill


May 21, 2019
The Department of Justice Demands CoreLogic Turn Over Documents and Answer Questions
Click here to read the article