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Georgia Appraiser News

News of Interest to Georgia Appraisers. Sunday, March 16, 2008. FHA Reform Bill Close. CNN - March 10, 2008. By early April, both chambers of Congress are likely to tie the bow on a bill that would expand the reach of the Federal Housing Administration, which aims to provide safe loan alternatives to subprime mortgages and make homeownership more accessible. FHA Reform Bill Close - A Subprime Alternative. Posted by John M. Bryant. Friday, February 1, 2008. Georgia Appraiser Sentenced to 18 Months. A fede...

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Georgia Appraiser News | gaappraiser.blogspot.com Reviews
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News of Interest to Georgia Appraisers. Sunday, March 16, 2008. FHA Reform Bill Close. CNN - March 10, 2008. By early April, both chambers of Congress are likely to tie the bow on a bill that would expand the reach of the Federal Housing Administration, which aims to provide safe loan alternatives to subprime mortgages and make homeownership more accessible. FHA Reform Bill Close - A Subprime Alternative. Posted by John M. Bryant. Friday, February 1, 2008. Georgia Appraiser Sentenced to 18 Months. A fede...
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Georgia Appraiser News | gaappraiser.blogspot.com Reviews

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News of Interest to Georgia Appraisers. Sunday, March 16, 2008. FHA Reform Bill Close. CNN - March 10, 2008. By early April, both chambers of Congress are likely to tie the bow on a bill that would expand the reach of the Federal Housing Administration, which aims to provide safe loan alternatives to subprime mortgages and make homeownership more accessible. FHA Reform Bill Close - A Subprime Alternative. Posted by John M. Bryant. Friday, February 1, 2008. Georgia Appraiser Sentenced to 18 Months. A fede...

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Georgia Appraiser News: Mortgage Fraud Surging In Florida

http://www.gaappraiser.blogspot.com/2008/01/mortgage-fraud-surging-in-florida.html

News of Interest to Georgia Appraisers. Saturday, January 19, 2008. Mortgage Fraud Surging In Florida. The Tampa Tribune - January 19, 2008. Now that the housing boom has cooled, property values are falling, foreclosures are rising and lenders are discovering they approved loans based on bogus appraisals. As a result, those homes aren't worth the mortgage amount and many of those loans are now in foreclosure. Posted by John M. Bryant. Ohio - Appraiser Pressure. 1 - Georgia Appraiser Home.

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Georgia Appraiser News: Decatur Man Must Pay for Forsyth County Mortgage Fraud

http://www.gaappraiser.blogspot.com/2008/01/north-fulton-newspaper-january-12-2008.html

News of Interest to Georgia Appraisers. Saturday, January 12, 2008. Decatur Man Must Pay for Forsyth County Mortgage Fraud. North Fulton Newspaper - January 12, 2008. A Decatur man will spend 18 months in federal prison and must pay $4.7 million in restitution for his part in a mortgage fraud scheme involving fraudulent appraisals for 15 homes in the Greenleaf subdivision in Forsyth County. Posted by John M. Bryant. Ohio - Appraiser Pressure. 1 - Georgia Appraiser Home. 2 - Appraiser News.

3

Georgia Appraiser News: Fraud Traced to Appraisal

http://www.gaappraiser.blogspot.com/2008/01/fraud-traced-to-appraisal.html

News of Interest to Georgia Appraisers. Thursday, January 24, 2008. Fraud Traced to Appraisal. Tampa Bay.com - January 24, 2008. Fraud often involves a real estate appraiser, who uses location, comparable sales and other factors to determine value and help a lender decide how much money to loan on a property. Unfortunately, there's been no change. Posted by John M. Bryant. Ohio - Appraiser Pressure. 1 - Georgia Appraiser Home. 2 - Appraiser News. 5 - Fannie Mae-Freddie Mac.

4

Georgia Appraiser News: Washington Mutual Sued by Appraiser

http://www.gaappraiser.blogspot.com/2008/01/wamu-accused-of-appraisal-fraud.html

News of Interest to Georgia Appraisers. Friday, January 18, 2008. Washington Mutual Sued by Appraiser. CNN Money - January 17, 2008. NEW YORK (Money) - A former real estate appraiser for Washington Mutual is suing the bank, claiming she was blacklisted last year for providing a housing market forecast that was too gloomy. Posted by John M. Bryant. Ohio - Appraiser Pressure. 1 - Georgia Appraiser Home. 2 - Appraiser News. 5 - Fannie Mae-Freddie Mac.

5

Georgia Appraiser News: Georgia Appraiser Sentenced to 18 Months

http://www.gaappraiser.blogspot.com/2008/02/georgia-appraiser-sentenced-to-prison.html

News of Interest to Georgia Appraisers. Friday, February 1, 2008. Georgia Appraiser Sentenced to 18 Months. National Mortgage News Online - January 30, 2008. After submitting fraudulent appraisals on incomplete houses as part of a mortgage fraud scheme, a Georgia appraiser was sentenced to prison, according to David E. Nahmias, U.S. attorney for the Northern District of Georgia. Posted by John M. Bryant. Ohio - Appraiser Pressure. 1 - Georgia Appraiser Home. 2 - Appraiser News. 5 - Fannie Mae-Freddie Mac.

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Fannie Mae and Freddie Mac: Certification #11 - Competency

http://urar.blogspot.com/2007/06/competency-and-certification-11.html

Fannie Mae and Freddie Mac. Monday, June 11, 2007. Certification #11 - Competency. Of the USPAP allows an appraiser to accept an assignment even though he/she is not competent to do the appraisal provided that:. The appraiser disclose the lack of competency before accepting the assignment. The appraiser takes the necessary steps to complete the assignment competently. The appraiser disclose the lack of competency and the means of overcoming the lack of competency in the report. Cert #11 - Competency.

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Fannie Mae and Freddie Mac: Certification #12 - Data Sources

http://urar.blogspot.com/2007/06/certification-12-data-sources.html

Fannie Mae and Freddie Mac. Friday, June 15, 2007. Certification #12 - Data Sources. FNMA Certification #12 says:. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located.". In addition, GREAB Regulations require that the appraiser:. Source shall be one typically utilized by appraisers in the area.".

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Fannie Mae and Freddie Mac: Fannie Mae - Freddie Mac Links

http://urar.blogspot.com/2007/06/fannie-mae-links.html

Fannie Mae and Freddie Mac. Sunday, July 29, 2007. Fannie Mae - Freddie Mac Links. Fannie Mae Home Page. Freddie Mac Home Page. FNMA FAQs published November 2009 regarding Updated Policies and the 1004MC. FNMA Selling Guide - Part 11 (searchable). Posted by John M. Bryant. Cert #10 - Data Verification. Cert #11 - Competency. Cert #12 - Data Sources. 1 - Georgia Appraiser Home Page. 2 - Appraiser News. 5 - Fannie Mae-Freddie Mac.

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HUD/FHA: Utilities are off

http://hud-fha.blogspot.com/2007/06/utilities-not-on-at-inspection.html

Saturday, June 9, 2007. What steps should an appraiser take when the property he/she is appraising is vacant and the utilities are off? The HOC Reference Guide, Page 1-19. When utilities (water, gas, electric) are NOT on at the time of appraisal the appraiser is to condition for further inspection to determine if the utilities are in proper working order.". Posted by John M. Bryant. Data Plate - Mfg Home. High Voltage Overhead Line. Simple template. Powered by Blogger.

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Fannie Mae and Freddie Mac: The FNMA 704

http://urar.blogspot.com/2007/06/fnma-704.html

Fannie Mae and Freddie Mac. Friday, June 8, 2007. Is the FNMA 704 suitable for a "drive-by" appraisal? The FNMA 704 is a practical, if not a preferred method, of reporting a drive-by appraisal for a transaction that is not mortgage related. The old 2055 has problems because of its use of the obsolete terms "departure", "limited appraisal", and "complete appraisal". The new 2055 has a problem in that it's purpose is for a mortgage related transaction. USPAP, Standard 2 says:. Posted by John M. Bryant.

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USPAP: USPAP Links and Publications

http://uspap.blogspot.com/2007/06/uspap-links.html

Monday, July 16, 2007. USPAP Links and Publications. The Appraisal Foundation Home Page. A Guide to Understanding the 2008 Education Changes (28 pages). Real Property Appraisal Qualification Criteria (48 pages). Student Appraiser Education Guide (44 pages). Posted by John M. Bryant. 1 - Georgia Appraiser Home. 2 - Appraiser News. 5 - Fannie Mae-Freddie Mac.

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USPAP: Boat Slip

http://uspap.blogspot.com/2007/06/boat-slip.html

Thursday, June 21, 2007. The subject property is in a subdivision which includes boat slips on the Willimette River. The price of one comparable sale included the boat slip. The comparable sale is across the street from the subject property and does not have a river view. The right to use the boat slip. The value of the boat slip is not a part of the sale price of the comparable sale and must be subtracted from the sale price as a sale concession. Posted by John M. Bryant. 1 - Georgia Appraiser Home.

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Georgia Appraiser FAQ's: Most Recent Deed Not Recorded

http://appraiserfaq.blogspot.com/2008/03/most-recent-deed-not-recorded.html

Friday, March 7, 2008. Most Recent Deed Not Recorded. I have just completed an REO for a home that is vacant and been foreclosed on. When I go to GSCCCA.org the deed/data has not been updated for this property. Is there a website that gets and inputs their data faster than GSCCCA with regards to foreclosed properties? I have always contended that you can do about anything in an appraisal provided you explain what you did. Here are two options. John M. Bryant. Subscribe to: Post Comments (Atom).

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Georgia Appraiser News

News of Interest to Georgia Appraisers. Sunday, March 16, 2008. FHA Reform Bill Close. CNN - March 10, 2008. By early April, both chambers of Congress are likely to tie the bow on a bill that would expand the reach of the Federal Housing Administration, which aims to provide safe loan alternatives to subprime mortgages and make homeownership more accessible. FHA Reform Bill Close - A Subprime Alternative. Posted by John M. Bryant. Friday, February 1, 2008. Georgia Appraiser Sentenced to 18 Months. A fede...

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