AQB Proposes Update to Appraiser Criteria
on January 9, 2020 at 7:55 pm
The Appraiser Qualifications Board (AQB) released proposed changes to the Appraiser Qualification Criteria.
NAR Testifies on USPAP
on November 19, 2019 at 11:53 pm
On October 11, 2019, NAR provided comments on the Appraisal Standards Board’s (ASB) concept paper reforming the evaluation standards in USPAP.
Agencies Increase Residential Appraisal Threshold
on September 27, 2019 at 7:46 pm
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively “the Agencies”) adopted a final rule increasing the threshold for requiring an appraisal in residential real estate transactions from $250,000 to $400,000.
Appraisal Foundation Seeks Comment on Evaluations
on September 6, 2019 at 6:06 pm
The Foundation’s Appraisal Standards Board (ASB) is seeking input on whether USPAP should address standards for evaluations, and if so, how to differentiate that from appraisals.
NCUA Increases Commercial Appraisal Threshold
on July 22, 2019 at 7:31 pm
The National Credit Union Administration (NCUA) Board a final rule increasing the threshold below which appraisals are not required for commercial real estate transactions from $250,000 to $1,000,000.