ACI - Appraisers Blogs https://appraisersblogs.com/category/appraisalsofware/aci/ Appraisal News and Tips for Real Estate Appraisers Mon, 17 Aug 2026 17:02:48 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.1 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 ACI - Appraisers Blogs https://appraisersblogs.com/category/appraisalsofware/aci/ 32 32 52046035 ACI Software Users https://appraisersblogs.com/aci-software-users-hold-harmless-agreement https://appraisersblogs.com/aci-software-users-hold-harmless-agreement#comments Tue, 20 Aug 2019 12:30:53 +0000 https://appraisersblogs.com/?p=22571 I just received a message from another appraiser that I believe uses ACI software. He received a request from ACI to sign a “Digital Signature Application” along with a few other forms. This appears to me to be in connection with a new form of an appraisal product which they have developed. The first paragraph of this “Digital Signature Application” read as follows 1.1 Signature Using BLACK INK, sign within the box below. Signature must remain within the confines of the box (see sample). All signature cards are destroyed after they are scanned, tested, and delivered. Passwords are not kept...

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]]> https://appraisersblogs.com/aci-software-users-hold-harmless-agreement/feed/ 22 22571 Hybrid Appraisals, Invitation to Fraud https://appraisersblogs.com/hybrids-invitation-2-fraud-new-subprime-fiasco https://appraisersblogs.com/hybrids-invitation-2-fraud-new-subprime-fiasco#comments Thu, 13 Jun 2019 12:30:12 +0000 https://appraisersblogs.com/?p=22124 Until FNMA released their version of a test format for hybrids (1004P) there was not one hybrid form appraisal process and online form reporting system found that was not egregiously misleading in the entire country. Not one. Not Clarocity’s, nor Clear Capital’s or Mueller Inc. A “typical hybrid” sample follows. https://appraisersblogs.com/clearval-value-hybrid-appraisal Not those crafted in Hyderabad, Pakistan for $8 Billion for just one year’s Wall Street Investments (as published by Cezary Podkul Wall Street Journal) where the preparers claimed to be able to produce 360+ per day by illegally using broker login credentials from state-licensed brokers in America. The entire...

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]]> https://appraisersblogs.com/hybrids-invitation-2-fraud-new-subprime-fiasco/feed/ 6 22124 Another Huckster Enters the Appraisal Arena https://appraisersblogs.com/another-third-party-huckster-enters-appraisal-arena https://appraisersblogs.com/another-third-party-huckster-enters-appraisal-arena#comments Thu, 28 Mar 2019 12:30:55 +0000 https://appraisersblogs.com/?p=21253 Yet another third party huckster has entered into the real estate appraiser and appraisal arena. It’s that time again! Yet another third party huckster has entered into the real estate appraiser and appraisal arena. Apparently motivated by pure altruism. We identified a need in the marketplace to address a common problem that lenders are regularly challenged with in providing accurate appraisal quotes and then ensuring pricing on the Loan Estimate is consistent and compliant,” stated Vladimir Bien-Aime, president and CEO at Global DMS. (I LOVE this guy, he writes like me!) Global DMS Launches SnapVal to Provide Instant, Accurate, Guaranteed...

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  • The Truth is They Don't Hire Professionals! Hybrid hucksters always argue “Why can’t trained professionals like brokers or insurance inspectors” perform the appraiser’s field inspection. The answer…
  • $599 Waiver to Save the Borrower Money? The consumer is being fed yet another lie! Remember when we heard an appraisal waiver will save the borrower money?…
  • Faster Cheaper Appraisals! An appraiser shared the following with us. Vintage Mortgage Firm is offering faster cheaper appraisals. New Faster Cheaper Appraisals! Three…

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]]> https://appraisersblogs.com/another-third-party-huckster-enters-appraisal-arena/feed/ 20 21253 Is SmartExchange Not USPAP-Compliant? https://appraisersblogs.com/smartexchange-USPAP-compliance-debate https://appraisersblogs.com/smartexchange-USPAP-compliance-debate#comments Wed, 30 Jan 2019 13:30:58 +0000 https://appraisersblogs.com/?p=20786 Is Smartexchange Resulting in USPAP Non-Compliance? This blog is likely going to stir up controversy. It is likely going to have a few folks calling me a loyalist to a la mode, or other similar things. Am I a loyalist? I do not see myself as such, but a la mode has been the only software that I have used in my career for residential form reporting. I do use ACI in the corporate setting as a reviewer and manager in my firm. I like and consider many of the staff at a la mode to be my friends, and I have had long relationships...

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]]> https://appraisersblogs.com/smartexchange-USPAP-compliance-debate/feed/ 27 20786 Appraiser’s Response to MyAMC https://appraisersblogs.com/appraiser-response-2-myAMC-panel-invitation https://appraisersblogs.com/appraiser-response-2-myAMC-panel-invitation#comments Thu, 01 Nov 2018 12:30:36 +0000 https://appraisersblogs.com/?p=19670 Thank you for your invitation to join your panel. I read all your details. They are addressed in the following: I find it unlikely you retain top appraisers nationwide if you think $350 is a reasonable fee in my area. Did you arrive at that by buying Corelogic’s purported ‘independent survey’? I don’t accept 30 day billing from any unproven clients with unspecified volume. Provide a copy of your current Dunn and Bradstreet rating along with a guarantee of a minimum of 25 orders per month, and I will consider deferred billing. Otherwise you would have to pay me by...

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]]> https://appraisersblogs.com/appraiser-response-2-myAMC-panel-invitation/feed/ 28 19670 Appraisers Ditch a la mode https://appraisersblogs.com/corelogic-acquisition-appraisers-ditch-a-la-mode https://appraisersblogs.com/corelogic-acquisition-appraisers-ditch-a-la-mode#comments Fri, 13 Apr 2018 12:30:32 +0000 https://appraisersblogs.com/?p=17670 In 2015, Dave Biggers of a la mode stated: I’ll wrap up by wishing you a happy new year, in spite of all the recent fear mongering, and by thanking you for supporting us with your business. I’m confident that in 2015 you’ll see even more reasons for that loyalty, especially in terms of us continuing in our long-standing role as the independent appraiser’s staunchest advocate, and in being the most innovative, reliable, and accessible technology provider. We look forward to working with — and for — all of you this year. Time and time again, we were assured that...

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  • Let the Bids Begin! Bid assignments are more often than not awarded to lowest bidders... For the past couple of days, we have been…
  • My Day as an Appraiser Big Corporations like CoreLogic are like sharks... This morning, as I do every morning, I made some coffee and began…
  • FTC vs Corelogic ...how the agreement between CoreLogic and the FTC from 2014 impacts appraisers... The FTC vs CoreLogic: Why it is important…

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]]> https://appraisersblogs.com/corelogic-acquisition-appraisers-ditch-a-la-mode/feed/ 216 17670 FTC vs Corelogic https://appraisersblogs.com/FTC-vs-corelogic-agreement-impact-appraisers https://appraisersblogs.com/FTC-vs-corelogic-agreement-impact-appraisers#comments Wed, 11 Apr 2018 12:30:52 +0000 https://appraisersblogs.com/?p=17653 …how the agreement between CoreLogic and the FTC from 2014 impacts appraisers… The FTC vs CoreLogic: Why it is important to Appraisers Some appraisers have reached out to VaCAP asking how the agreement between CoreLogic and the FTC from 2014 impacts appraisers. VaCAP wants to highlight the case and provide some key points of reference. The agreement revolves around the purchase of DataQuick by its competitor CoreLogic in 2014. The FTC at that time allowed the transaction with some parameters in which CoreLogic agreed to. See the analysis of the agreement here. A summary of the parameters are below: CoreLogic...

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  • My Day as an Appraiser Big Corporations like CoreLogic are like sharks... This morning, as I do every morning, I made some coffee and began…
  • What's In a Relationship? Salvaging Relationships with Appraisers... Wells Fargo, one of the oldest banks in the country, is working hard to salvage relationships,…
  • Class Action Against Corelogic A residential staff appraiser has filed an overtime class action lawsuit against appraisal management company CoreLogic Valuation Solutions. The appraiser…

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]]> https://appraisersblogs.com/FTC-vs-corelogic-agreement-impact-appraisers/feed/ 15 17653 Hey BIG Data, Leverage This! https://appraisersblogs.com/big-data-special-report-rebuttal https://appraisersblogs.com/big-data-special-report-rebuttal#comments Thu, 28 Sep 2017 12:30:41 +0000 https://appraisersblogs.com/?p=15455 The image above is not a part of the Appraisal Technology Special Report “Across the street from a house are two vacant lots. Zillow thinks one of them is worth $16K and the other one’s worth $169K. You can see them on the aerial view here.” I was recently asked by professional peers if I would read and comment on a Special Report published by ValuationReview, with the introduction penned by Mike Holzheimer, Editor. This Special Report may be downloaded here. Let’s be clear up front. I was not asked because of my proficiency with grammar, punctuation or even my...

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]]> https://appraisersblogs.com/big-data-special-report-rebuttal/feed/ 13 15455 FTC Attorneys Response to AGA https://appraisersblogs.com/AGA-seeking-appraisers-views-FTC https://appraisersblogs.com/AGA-seeking-appraisers-views-FTC#comments Thu, 08 Jun 2017 12:30:26 +0000 https://appraisersblogs.com/?p=14441 Is the FTC asserting that FNMA is exempt from antitrust laws? I don’t think of myself as being obtuse, nor do I think those that know me well would consider me to be particularly slow of wit or comprehension. Despite this, I’m truly confused by the Federal Trade Commission (FTC) attorneys response to the American Guild of Appraiser (AGA) email letter we sent them. The first sentence states “The federal antitrust laws prohibit anticompetitive mergers and business practices that seek to prevent hard-driving competition, such as monopolistic conduct, attempts to monopolize, and conspiracies and combinations that harm competition and consumers.”...

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]]> https://appraisersblogs.com/AGA-seeking-appraisers-views-FTC/feed/ 9 14441 My Day as an Appraiser https://appraisersblogs.com/corelogic-big-corporation-vs-appraisers/ https://appraisersblogs.com/corelogic-big-corporation-vs-appraisers/#comments Wed, 29 Mar 2017 12:30:40 +0000 https://appraisersblogs.com/?p=14038 Big Corporations like CoreLogic are like sharks… This morning, as I do every morning, I made some coffee and began work on one of the two appraisal reports that were soon to be due. The first was for an AMC known as Speedy Title and Appraisal Review Services. This appraisal management company is owned by CoreLogic. From their website “CoreLogic is an Irvine, CA based corporation providing financial, property and consumer information, analytics and business intelligence. The company analyzes information assets and data to provide clients with analytics and customized data services. The company also develops proprietary research, and tracks...

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]]> https://appraisersblogs.com/corelogic-big-corporation-vs-appraisers/feed/ 118 14038 Freddie Mac Criminal Aspects of Its Appraisal Free Mortgages https://appraisersblogs.com/freddie-mac-free-appraisals-controversy https://appraisersblogs.com/freddie-mac-free-appraisals-controversy#comments Mon, 14 Nov 2016 13:30:23 +0000 https://appraisersblogs.com/?p=12820 Freddie Mac is opening itself up to over 150,000± potential individual lawsuits… This is a response from Mike Ford to Kenneth Harney’s article, “Freddie Mac planning appraisal-free mortgages”. I represent the American Guild of Appraisers, #44OPEIU, AFL-CIO, and the real estate appraisal-related consumer and taxpayer interests of our more than fifteen million± AFL-CIO members, retirees and their families. I’m prompted to write this open letter regarding your recent well written & researched article, titled “Freddie Mac planning appraisal free mortgages”. Regrettably, it was too brief to cover several additional critical aspects of the issue, but I assume the Chicago Tribune’s...

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  • Software Provider Conflict of Interest(s)? ACI software & “restricted appraisals” that suffer from schizophrenia... It’s been awhile since I reviewed or researched influences affecting products…
  • Simply too BIG to Say No to... If they can’t even get their own PACE Pro form right, how are these alternative “valuation” providers going to get…

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]]> https://appraisersblogs.com/freddie-mac-free-appraisals-controversy/feed/ 38 12820 ACI Sky Causing Distress for Appraisers https://appraisersblogs.com/aci-sky-causing-distress-appraisers/ https://appraisersblogs.com/aci-sky-causing-distress-appraisers/#comments Thu, 25 Aug 2016 12:30:59 +0000 https://appraisersblogs.com/?p=12414 Are you giving in to ACI Sky? An appraiser who will remain anonymous tells us… “within the last week, I have had two issue of concerns with “UAD” compliance and ACI Sky Delivery ( I can hardly write that; as, it is a significant source of stress when I have to deal with it). I have tried to submit reports, with issues that prevented the upload (no surprise with “Sky”). The first involved the 1004MC form. The comparables that were available for the subject were extremely minimal – something like 4-6. The last period only included 1 comparable (no valid...

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]]> https://appraisersblogs.com/aci-sky-causing-distress-appraisers/feed/ 49 12414 Software Provider Conflict of Interest(s)? https://appraisersblogs.com/software-provider-conflict-interest https://appraisersblogs.com/software-provider-conflict-interest#comments Fri, 12 Feb 2016 13:30:35 +0000 https://appraisersblogs.com/?p=10744 ACI software & “restricted appraisals” that suffer from schizophrenia… It’s been awhile since I reviewed or researched influences affecting products offered by appraisal software providers. It’s hardly been a number one priority lately. However, I just noticed something I’ve missed for I can’t even begin to guess at how long. Like many appraisers, I use a variety of software providers. Some do some things better than others, or easier. It’s usually been a matter of preference. I started out back in the 1980’s with Formfil PC+, back on my old DOS based system. It was a decent appraisal software. Pretty...

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]]> https://appraisersblogs.com/software-provider-conflict-interest/feed/ 13 10744 DataMaster Tutorial https://appraisersblogs.com/appraisal/datamaster-tutorial/ https://appraisersblogs.com/appraisal/datamaster-tutorial/#comments Thu, 24 Feb 2011 23:57:09 +0000 https://appraisersblogs.com/?p=172 DataMaster is a software that works hand in hand with the following appraisal software: WinTotal, ACI, and ClickForms. It auto-populates MLS data and/or Public Records data directly into appraisal reports. These records are compared giving the appraiser the ability to decide which source to use. DataMaster also calculates the Fannie Mae 1004 Market Conditions Report, and transfers that information directly into the appraisal form (1004MC). By electronically transferring data, re-typing of data is eliminated, reducing time spent on an appraisal report. With little user input necessary, it populates the Subject, Comparable Sales, Rentals, and Listings Grids of an appraisal report in...

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