01/05/2020
Can we issue an approval letter subject to an appraisal report?
10/22/2017
We have a client who wants to use a branded hotel as collateral for a loan. The appraiser has indicated this will be a “going concern” appraisal. Is there anything special I need to know about this type of appraisal?
10/15/2017
We have been told by our appraisers that an Income Approach is not necessary for any single family dwelling appraisal reports. Is this correct?
10/08/2017
Is a USPAP Standard 3 Review required for all our appraisals?
09/24/2017
What are the differences between Extraordinary Assumptions and Hypothetical Conditions and what are the requirements for their use?
09/17/2017
We have been told that an “As Is” value is required for in-house loans but we have had several of our appraisers argue this requirement and say that USPAP does not require this. Is this a requirement for federally related transactions?
09/10/2017
We are involved in a participation loan with another bank and they are ordering the appraisal report. Can we rely on their review or do we need to complete our own review?
02/19/2017
In regards to Reg B appraisal notices and commercial loans: does the loan need to be secured by a first lien on a dwelling for the notice requirements to apply or is it any dwelling secured loan - regardless of lien position? For example, an LLC is securing a commercial loan with a 2nd lien on a dwelling, do they get the appraisal notice or not?
02/03/2014
Disclosure of Right to Receive copy of Appraisal - under the new rules effective January 18, 2014 does a Zillow Valuation fall under these new rules?
11/19/2012
I'm still unclear regarding the effect of the appraisal regulations under Regulation Z on commercial properties. Do the appraiser independence requirements apply to commercial properties?