Remove Clients Remove Lending Remove Reconsideration of Value Remove Training
article thumbnail

Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Our free webinar, “ Components of AMC Training ” will be held on June 10th at 2 pm with Josh Walitt as the host. Buzz : Why do AMCs need the training?

Training 366
article thumbnail

Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party. The lender then obtains an appraisal to make sure that the property they are lending on, which is the collateral for the loan, is worth what they are paying for it.

Agents 86
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HUD settles with JPMorgan over appraisal bias case

Housing Wire

The finance giant will also begin training home lending advisors and client care specialists in the reconsideration of value process and fair lending issues related to appraisals. Under the conciliation agreement , JPMorgan will pay the homeowner, a Black woman, $50,000.

article thumbnail

Reconsideration of Value and Appraisers

Appraisal Today

Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Excerpts: 2.