Appraisal Subcommittee - Appraisers Blogs https://appraisersblogs.com/category/appraisal-organizations/appraisal-subcommittee/ Appraisal News and Tips for Real Estate Appraisers Mon, 17 Aug 2026 02:46:30 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 Appraisal Subcommittee - Appraisers Blogs https://appraisersblogs.com/category/appraisal-organizations/appraisal-subcommittee/ 32 32 52046035 Flags Over Facts: The Road to Obsolescence https://appraisersblogs.com/flags-over-facts-the-road-2-obsolescence/ https://appraisersblogs.com/flags-over-facts-the-road-2-obsolescence/#comments Thu, 02 Apr 2026 12:30:03 +0000 https://appraisersblogs.com/?p=33309 The latest round of modernization comes wrapped in friendly language, but the flags are hard to miss if you’ve been paying attention.  For years, appraisers have been warning that the mortgage industry was slowly engineering us out of the process. We were told we were paranoid. Resistant to change. Stuck in the past. Then the newest Mortgage Credit Executive Order arrived, and the appraisal section opened with a single line that confirmed everything we’ve been saying: expand AVMs, desktops, hybrids, and AI. That’s the priority. Everything else in that section is just polite filler wrapped around a strategy to shrink...

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]]> https://appraisersblogs.com/flags-over-facts-the-road-2-obsolescence/feed/ 62 33309 WA Appraisers Stung by Fee Hikes and Veto https://appraisersblogs.com/washington-appraisers-stung-by-fee-hikes-n-veto/ https://appraisersblogs.com/washington-appraisers-stung-by-fee-hikes-n-veto/#comments Fri, 06 Jun 2025 12:30:50 +0000 https://appraisersblogs.com/?p=32888 Washington state appraisers are facing skyrocketing fees to cover a debt caused by mismanaged funds — while a veto blocked relief, leaving them to pay for a problem they didn’t create.  In Washington, where evergreen forests meet bustling real estate markets, appraisers are caught in a bureaucratic drama that’s anything but charming. Robert Mossuto Jr., owner of B.N. Appraisals, Inc., with over two decades of experience appraising residential real estate, recently took to LinkedIn to expose a saga of skyrocketing fees, mismanaged funds, and a gubernatorial veto that’s left the state’s nearly 3,000 credentialed appraisers reeling. This tale is as...

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]]> https://appraisersblogs.com/washington-appraisers-stung-by-fee-hikes-n-veto/feed/ 19 32888 The Appraisal Profession’s Perfect Storm: A Veteran’s Take on a Dying Craft https://appraisersblogs.com/the-appraisal-professions-perfect-storm-a-veterans-take-on-a-dying-craft/ https://appraisersblogs.com/the-appraisal-professions-perfect-storm-a-veterans-take-on-a-dying-craft/#comments Fri, 02 May 2025 12:30:49 +0000 https://appraisersblogs.com/?p=32754 The new UAD form, the AMC fee gouging, the waivers, the false bias claims. It’s a perfect storm of assaults.  I’ve been an appraiser since 1993, back when fax machines were cutting-edge and the internet was a clunky novelty. Over three decades, I’ve seen this profession weather storms, economic crashes, regulatory overhauls, you name it. But what’s happening now? It’s not a storm; it’s a tsunami. Our industry is hemorrhaging talent, drowning under false accusations, and getting squeezed by corporate greed and bureaucratic overreach. As someone who’s stubbornly refused to bend the knee to Appraisal Management Companies (AMCs), I’m here...

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]]> https://appraisersblogs.com/the-appraisal-professions-perfect-storm-a-veterans-take-on-a-dying-craft/feed/ 100 32754 Gov’t-Indulged Middlemen Are Wrong RX for Battered Borrowers, The Infirm https://appraisersblogs.com/appraisal-management-companies-exploit-borrowers-government-indulged-middlemen-are-wrong-rx-for-battered-borrowers/ https://appraisersblogs.com/appraisal-management-companies-exploit-borrowers-government-indulged-middlemen-are-wrong-rx-for-battered-borrowers/#comments Mon, 17 Jun 2024 12:30:21 +0000 https://appraisersblogs.com/?p=31003 The U.S. government impoverishes homebuyers as it does the chronically ill – by promoting the use of middlemen who prey upon them. A cadre of such middlemen was created decades ago as a firewall between Big Pharma, the insurance companies and the pharmacy chains. Called “pharmacy benefit managers,” they were to negotiate drug prices, streamline distribution and manage lists of prescription drugs covered by insurance plans. But since the government has gone whole-hog into health care under the Affordable Care Act and into drug-price controls under the Inflation Reduction Act, things have gotten crazy at the slop trough. Today, according...

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]]> https://appraisersblogs.com/appraisal-management-companies-exploit-borrowers-government-indulged-middlemen-are-wrong-rx-for-battered-borrowers/feed/ 14 31003 Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector https://appraisersblogs.com/obscure-federal-official-has-hatched-sick-chicken-in-housing-sector/ https://appraisersblogs.com/obscure-federal-official-has-hatched-sick-chicken-in-housing-sector/#comments Thu, 04 Apr 2024 12:30:58 +0000 https://appraisersblogs.com/?p=30642 The case eventually found its way to the U.S. Supreme Court, where it came to be known to the public as the “Sick Chicken Case”  It was the Great Depression’s bleakest year – 1933. At President Roosevelt’s urging, Congress passed the National Industrial Recovery Act, a New Deal bill that partially ceded lawmaking authority to private organizations and industry boards to develop codes of conduct that would then be enforced on citizens as binding law. The owners of poultry producer Schechter Poultry Corp. were indicted for violating the new private business code for the poultry industry. The chicken men lawyered...

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]]> https://appraisersblogs.com/obscure-federal-official-has-hatched-sick-chicken-in-housing-sector/feed/ 18 30642 The Lack of Transparency in Appraiser Compensation https://appraisersblogs.com/the-lack-of-transparency-in-appraiser-compensation/ https://appraisersblogs.com/the-lack-of-transparency-in-appraiser-compensation/#comments Wed, 06 Mar 2024 13:30:15 +0000 https://appraisersblogs.com/?p=30438 The current system of bundling appraiser compensation with third-party fees can lead to confusion and frustration for both appraisers and consumers.  In their letter to the ASC, NAR highlighted the importance of appropriate compensation for appraisers. They stated that fair and reasonable compensation is critical to attracting and retaining high-quality appraisers, as well as allowing them to invest in their skills and education. However, the current system lacks transparency when it comes to reporting appraiser compensation. The issue lies in the TILA-RESPA Integrated Disclosures (TRID) form, which requires an aggregate appraisal fee to be reported. This means that the fee...

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]]> https://appraisersblogs.com/the-lack-of-transparency-in-appraiser-compensation/feed/ 20 30438 Recap of the 4th ASC Appraisal Bias Hearing https://appraisersblogs.com/recap-of-the-4th-asc-appraisal-bias-hearing/ https://appraisersblogs.com/recap-of-the-4th-asc-appraisal-bias-hearing/#comments Wed, 28 Feb 2024 13:30:47 +0000 https://appraisersblogs.com/?p=30405 On February 13th, 2024, the fourth ASC appraisal bias hearing took place. For those who were unable to attend, the video of the hearing has been included below. The hearing was a crucial event for the appraisal industry, and it is important for all appraisers to be aware of the discussions and topics addressed. The panel of witnesses included: David Bunton, President, The Appraisal Foundation E.C. Neelly IV, Executive Director, Mississippi Real Estate Appraisal Board Maureen Sweeney, Principal, Maureen Sweeney, Real Estate Appraiser Ltd. Melissa Tran, Director, Texas Appraiser Licensing and Certification Board Jillian White, Chief Executive Officer, Appraisal Insights...

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]]> https://appraisersblogs.com/recap-of-the-4th-asc-appraisal-bias-hearing/feed/ 11 30405 Are the Courts a Remedy for Nation’s Financial Truth-Tellers? https://appraisersblogs.com/are-the-courts-a-remedy-for-financial-truth-tellers https://appraisersblogs.com/are-the-courts-a-remedy-for-financial-truth-tellers#comments Fri, 28 Apr 2023 12:30:55 +0000 https://appraisersblogs.com/?p=29327 Politicized boards and commissions with little accountability to the electorate want to deplatform these truth-tellers at every turn.  This month, the U.S. Supreme Court dealt a blow to the Regulatory State. Financial analysts, fiduciaries, auditors and appraisers should take heart. Those targeted by a growing number of independent agencies, boards and commissions may now immediately challenge an agency’s constitutionality in federal court without having to submit to a drawn-out administrative process that frequently serves only the interests of the agency being challenged. The decision couldn’t have come soon enough, as an army of assorted technocrats, believers, grand viziers, cronies, hustlers...

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]]> https://appraisersblogs.com/are-the-courts-a-remedy-for-financial-truth-tellers/feed/ 8 29327 How U.S. Home Valuations Are Being Subverted https://appraisersblogs.com/how-u-s-home-valuations-are-being-subverted https://appraisersblogs.com/how-u-s-home-valuations-are-being-subverted#comments Wed, 22 Mar 2023 12:30:16 +0000 https://appraisersblogs.com/?p=29041 At the crossroads of it all is a campaign to weaken or eliminate valuations… The nonprofit is now exploring ways it can set standards for automated valuations… Expect greater distortions from Freddie and Fannie’s plodding and committee-driven foray into automated valuations.  Sometimes when the hair on the back of your neck stands up, there’s a reason for it. The nation’s $11 trillion mortgage market has been nationalized. This coup occurred in broad daylight and gradually. With Freddie and Fannie now in their second decade in federal conservatorship, the prospect that they will ever again be subjected to the watchful eye...

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]]> https://appraisersblogs.com/how-u-s-home-valuations-are-being-subverted/feed/ 21 29041 Look in the Mirror https://appraisersblogs.com/look-in-the-mirror https://appraisersblogs.com/look-in-the-mirror#comments Mon, 27 Feb 2023 13:30:14 +0000 https://appraisersblogs.com/?p=28795 The phrase “take a look in the mirror” is a common idiom used to encourage self-reflection and introspection. It is a powerful statement that can evoke a range of emotions and reactions from individuals, from contemplation to defensiveness. At its core, the phrase is a call to examine oneself honestly and objectively. It asks us to step back from our assumptions, biases, and preconceptions and consider our behavior, choices, and beliefs in a critical light. When we take a look in the mirror, we are forced to confront our flaws and shortcomings, but also to recognize our strengths and achievements....

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]]> https://appraisersblogs.com/look-in-the-mirror/feed/ 15 28795 The Real Cause of the Home Value Gap Is the Income Gap https://appraisersblogs.com/the-real-cause-of-the-home-value-gap-is-the-income-gap https://appraisersblogs.com/the-real-cause-of-the-home-value-gap-is-the-income-gap#comments Mon, 13 Feb 2023 13:30:46 +0000 https://appraisersblogs.com/?p=28636 Blaming appraisers for the income gap will never solve the real underlying problem… Blaming appraisers for the income gap is as ridiculous as blaming appraisers for gun violence and gas prices. I watched the January 24, 2023 ASC Appraisal Bias hearing. Comments were requested after the hearing. This letter is my comment. I’ve been a real estate appraiser in Los Angeles, California for 40 years. I’ve been a licensed California Certified Residential Appraiser since licenses were first offered in 1993/1994. I’m a Latino woman who speaks English and Spanish. I appraise property in the diverse county of Los Angeles and...

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]]> https://appraisersblogs.com/the-real-cause-of-the-home-value-gap-is-the-income-gap/feed/ 77 28636 ASC Data Breach Involving Social Security Numbers https://appraisersblogs.com/asc-data-breach-involving-appraisers-social-security-numbers https://appraisersblogs.com/asc-data-breach-involving-appraisers-social-security-numbers#comments Fri, 10 Feb 2023 13:30:14 +0000 https://appraisersblogs.com/?p=28597 On October 13, 2022, the Appraisal Subcommittee discovered a data breach that occurred on the new ASC.gov website. The incident involved Social Security Numbers. They made an announcement on January 24, 2023 and have contacted all State Appraiser Regulatory Agencies concerning the data breach. They are also notifying all individuals whose Personal Identifiable Information had potential for exposure. Those appraisers who could have had their data exposed will be offered credit monitoring to prevent identity theft. The Appraisal Subcommittee (ASC) is contacting all State Appraiser Regulatory Agencies concerning a data breach that occurred on the ASC.gov website. Please note: This...

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  • ASC Blaming Appraisers The Appraisal Subcommittee, because they were directed to do so, has produced a report, which frankly and explicitly lays the…
  • Dear ASC: Details... Why They Matter DETAILS... NO MATTER HOW SMALL OR BIG NEED TO BE PRESENTED. If not, you failed. ASC, today you failed us…
  • ASC, End the Foolishness Now End the constant ‘busy work’ USPAP updates. End the catering to lenders or ‘advisory’ councils. Appraisers are NOT supposed to…

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]]> https://appraisersblogs.com/asc-data-breach-involving-appraisers-social-security-numbers/feed/ 8 28597 Bias and Discrimination in Reports, Yes or No? https://appraisersblogs.com/should-appraisers-include-discussion-of-bias-and-discrimination-in-appraisal-reports https://appraisersblogs.com/should-appraisers-include-discussion-of-bias-and-discrimination-in-appraisal-reports#comments Wed, 04 Jan 2023 13:30:57 +0000 https://appraisersblogs.com/?p=28183 Appraisers, should we include discussion of B&D in our reports? Wait, What?? Bondage and Discipline? No, not that. Bias and Discrimination. Yes, it must be addressed very clearly. Now, before you blow a cork or throw your mouse at the computer screen, let’s examine what’s really been impacting ‘us’ for the past 4 plus years. One of our peers, who’s become somewhat famous for the way articles are written about appraisal and other topics, had a recent article ‘rebroadcasted’ in AppraisersBlogs, FTX Bought Government’s Silence; Did Fintechs Buy Attacks on Appraisers? A statement in that article exposes some of what has...

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]]> https://appraisersblogs.com/should-appraisers-include-discussion-of-bias-and-discrimination-in-appraisal-reports/feed/ 11 28183 Attorneys General Shady Business https://appraisersblogs.com/racket-at-attorneys-general-group-will-ring-familiar-2-appraisers https://appraisersblogs.com/racket-at-attorneys-general-group-will-ring-familiar-2-appraisers#comments Wed, 02 Nov 2022 12:30:51 +0000 https://appraisersblogs.com/?p=28033 Racket at Attorneys General Group Will Ring Familiar to Appraisers The nation’s licensed real property appraisers will recognize a scheme run by a nonprofit known as the National Association of Attorneys General. It will remind the former of the abuses visited on them by a tiny, free-spending 501(c)(3) publisher and its captured federal minder. The National Association of Attorneys General describes itself as a nonpartisan national forum for America’s state and territory attorneys general and their staff members. The group has close ties with trial lawyers, who bring tort cases on behalf of the states’ top law enforcement officers and...

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]]> https://appraisersblogs.com/racket-at-attorneys-general-group-will-ring-familiar-2-appraisers/feed/ 1 28033 Diatribes Against Appraisers https://appraisersblogs.com/hit-pieces-n-diatribes-against-appraisers-based-on-census-tracts https://appraisersblogs.com/hit-pieces-n-diatribes-against-appraisers-based-on-census-tracts#comments Mon, 31 Oct 2022 12:30:39 +0000 https://appraisersblogs.com/?p=28022 What’s even more frustrating to me is none of the well-known appraiser organizations have offered any public rebuttal to any of these hit pieces, or explained how the appraisal process works as a way to defend appraisers… Census Tract data delineating RACE of the population is the only ammunition the people doing these hit pieces can use to attack appraisers. Appraisers, this is a long article but it’s important, as it reveals how you are being discredited in the work you do. Yet, ‘we’ must begin doing some introspection of what we are or have been doing, and make necessary...

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]]> https://appraisersblogs.com/hit-pieces-n-diatribes-against-appraisers-based-on-census-tracts/feed/ 15 28022 Appraisal Foundation, Like Khloe Kardashian, Rattled Tin Cup for PPP Alms https://appraisersblogs.com/appraisal-foundation-like-khloe-kardashian-rattled-tin-cup-4-ppp-alms https://appraisersblogs.com/appraisal-foundation-like-khloe-kardashian-rattled-tin-cup-4-ppp-alms#comments Thu, 15 Sep 2022 12:30:25 +0000 https://appraisersblogs.com/?p=27731 Yet it applied for $270,706 in PPP relief intended to aid small businesses, such as the mom-and-pop appraisal shops coerced at the state level into participating in the foundation’s privately run regulatory regimen… Wearing a scoop-neck black catsuit from her brand’s High Shine Compression line, media personality Khloé Kardashian, whose net worth has been reported at $60 million, turned heads recently at Kendall Jenner’s 818 Tequila launch party in Malibu. What could this fashionista and socialite have in common with the Appraisal Foundation, an obscure publisher with a government franchise and guaranteed annual grants from a tiny captured federal agency?...

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]]> https://appraisersblogs.com/appraisal-foundation-like-khloe-kardashian-rattled-tin-cup-4-ppp-alms/feed/ 2 27731 No End Date for Future Editions of USPAP https://appraisersblogs.com/no-end-date-4-future-editions-of-uspap https://appraisersblogs.com/no-end-date-4-future-editions-of-uspap#comments Tue, 16 Aug 2022 12:30:23 +0000 https://appraisersblogs.com/?p=27611 Future editions of USPAP will have an effective start date but no end date. Folks, on Thursday August 11, 2022, the ASB/TAF announced the extension of the current USPAP to the end of 2023. Assuming that a ‘new’ USPAP is formally approved in time, the next issue of USPAP will become effective January 1, 2024. But here’s the interesting wrinkle about this, which I admit I missed in their 8/11/22 announcement: “How long is the current version of USPAP effective? With this announcement, the 2020-21 USPAP will now have an effective date through December 31, 2023. This is an additional...

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  • TAF Charging for Misleading Classes From the organization that brought you the bat-shit crazy letter and the chickenshit letter, they are charging for classes that are misleading. ASC…
  • USPAP Absurdity From one of my appraiser colleagues in NYC on a McKissock class, taught by Dan Bradley, husband of Michelle Bradley…
  • Bias and Discrimination in Reports, Yes or No? Appraisers, should we include discussion of B&D in our reports? Wait, What?? Bondage and Discipline? No, not that. Bias and Discrimination.…

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]]> https://appraisersblogs.com/no-end-date-4-future-editions-of-uspap/feed/ 7 27611 Appraisers Should Bristle https://appraisersblogs.com/nonprofit-making-bacon-at-the-public-expense-appraisers-should-bristle https://appraisersblogs.com/nonprofit-making-bacon-at-the-public-expense-appraisers-should-bristle#comments Tue, 21 Jun 2022 12:30:55 +0000 https://appraisersblogs.com/?p=27257   Stealthy vice again masquerades as public virtue. The head of yet another government-subsidized nonprofit was found funneling cash to cronies while raking in obscene compensation. The nation’s long-suffering appraisers will recognize the pattern in a porcine publisher they are forced to frequently slop as frenzied Beltway porkers go whole-hog on the swill. Revelations surfaced recently about a New York City nonprofit receiving government subsidies to aid the homeless. The nonprofit then lavished a garden of earthly delights on its boss and his cronies. Jack Brown, the chief executive of CORE Services Group, a New York City provider of services...

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  • USPAP Absurdity From one of my appraiser colleagues in NYC on a McKissock class, taught by Dan Bradley, husband of Michelle Bradley…
  • Top DEI Bosses Have a Problem - Diversity The ranks of the new DEI bosses at the financial institutions are no more diverse than the appraisers their institutions…
  • Tapping States for Backchannel Budget Scofflaw U.S. Agency Taps States For Its Backchannel Budget VENTURA, Calif. (February 4, 2022) – History is replete with cautionary…

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]]> https://appraisersblogs.com/nonprofit-making-bacon-at-the-public-expense-appraisers-should-bristle/feed/ 4 27257 How to Destroy the Appraisal Profession https://appraisersblogs.com/how-2-destroy-the-appraisal-profession-government-101 https://appraisersblogs.com/how-2-destroy-the-appraisal-profession-government-101#comments Mon, 16 May 2022 12:30:42 +0000 https://appraisersblogs.com/?p=26831 Anytime the government gets involved in an issue, it tends to have more adverse effects than positive ones. It makes things worse when they only have their plan in mind and NOT the FACTS from the people they are about to hurt. This is especially true in the Real Estate Appraisal profession and the newly introduced H.R. Bill entitled: Fair Appraisal and Inequity Reform Act of 2022. It’s essential to bring some information that not one person in the government or the people they are getting information from is talking about. First let’s step into my time machine and go...

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]]> https://appraisersblogs.com/how-2-destroy-the-appraisal-profession-government-101/feed/ 45 26831 Dear ASC: Details… Why They Matter https://appraisersblogs.com/why-details-matter-asc-failed-the-appraisal-profession-at-the-bias-in-the-home-appraisal-process-hearing https://appraisersblogs.com/why-details-matter-asc-failed-the-appraisal-profession-at-the-bias-in-the-home-appraisal-process-hearing#comments Fri, 25 Mar 2022 12:30:09 +0000 https://appraisersblogs.com/?p=26526 DETAILS… NO MATTER HOW SMALL OR BIG NEED TO BE PRESENTED. If not, you failed. ASC, today you failed us all. Over the past several days, the Real Estate Appraisal Industry has been the subject of scrutiny with the release of the PAVE Report that the Interagency Task Force developed on Property Appraisal And Valuation Equity set forth by the Biden Administration. On March 23, 2022, there was a public meeting to unveil the Pave Task Force report on Racial Bias in the Real Estate Appraisal Profession. You can watch the press conference below as well as read the entire...

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]]> https://appraisersblogs.com/why-details-matter-asc-failed-the-appraisal-profession-at-the-bias-in-the-home-appraisal-process-hearing/feed/ 14 26526