The chair and co-chair of NAR’s Real Property Valuation Committee made a few remarks on video about NAR’s appraiser independence policy last week during the 2018 REALTORS® Legislative Meetings in Washington.
Both the House and Senate are in session this week. What issues should REALTORS® follow? Terrorism Risk Insurance Program Reauthorization (NAR Statement); Unmanned Aircraft Systems Security; Collection of Beneficial Ownership Information (NAR Questions Likely); and Home Appraisal Industry (NAR Staff Attending).
Comments on the North Dakota's request for a waiver of appraiser credentialing requirements must be received by the Appraisal Subcommittee (ASC) of the Federal Financial Institutions Examination Council (FFIEC) on or before July 1, 2019.
As of May 16, 2019, the Department of Veteran's Affairs will require that the ordering of an appraisal related to the VA Home Loan program must have the Certificate of Eligibility (COE) be in "Active or Pending" status.