In 2009, the appraisal industry has experienced the same record volume of claims against appraisals as was seen in 2007 and 2008. Noticeable trends ... Read More
CHARGES TO UNIFORM RESIDENTIAL APPRAISAL REPORT MAY HELP ALLOW CLAIMS AGAINST APPRAISERS
Many people in the appraisal industry still believe that only the “intended user” of an appraisal report may sue the appraiser. This is likely wrong ... Read More
TYPICAL MISTAKES BY APPRAISERS
According to the FDIC, below is a list of some of the common errors by appraisers. These errors may be the basis for a lawsuit by the lender or ... Read More
STATISTICS SHOW APPRAISAL FRAUD IS ON THE RISE
According to the Eleventh Periodic Mortgage Fraud Case Report to the Mortgage Bankers Association, Mortgage Asset Research Institute, LLC 2009, ... Read More
ARIZONA HIGHWAY PROJECTS LAGGING
According to the Government Accountability Office (GAO), the U.S. Department of Transportation’s (DOT) Federal Highway Administration (FHWA) set ... Read More
ECONOMIC STIMULUS SPENDING – A RECIPE FOR MORE BID PROTESTS?
On February 17, 2009, President Obama signed into law the much anticipated stimulus package known as the American Recovery and Reinvestment Act of ... Read More
