The Changing Landscape of Appraisals
About this Course
Topics include:
- mandatory 2 hours of PA state law
- review of PAREA and how it changes appraisal training for new appraisers
- HUD and Fannie Mae issues, including settlement of Fair Housing with HUD
- Fannie and HUD’s position on Interested Party Contribution
- appraisers, underwriters, and the use of AI in the writing and review process;
- TILA and how it affects reporting of deficiencies in appraisals
- discussion of current issues appraisers have with lenders and underwriters
- reconsideration of Value by GSEs
- finding new clients in private work
- specific considerations for tax assessment, divorce, estate, and estate planning work, including engagement letters and work files.