First American Mortgage - Appraisers Blogs https://appraisersblogs.com/tag/first-american-mortgage/ Appraisal News and Tips for Real Estate Appraisers Mon, 17 Aug 2026 04:00:57 +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 First American Mortgage - Appraisers Blogs https://appraisersblogs.com/tag/first-american-mortgage/ 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 AMCs Are Not Part of The Appraisal Profession https://appraisersblogs.com/REVAA-opposes-AMC-legislation https://appraisersblogs.com/REVAA-opposes-AMC-legislation#comments Mon, 13 Mar 2017 12:30:17 +0000 https://appraisersblogs.com/?p=13895 Foreign entities do not get a voice in what legislation is introduced… Let’s think about this with an open mind… More states are introducing bills concerning AMC legislation, more specifically how AMCs will conduct business. Even states with existing AMC legislation are introducing stricter, more precise legislation. Why is this happening in all 55 jurisdictions? States do not want to interfere in how a company or industry conducts business, but when practices are so abusive that it harms small businesses and consumers, they have little choice. States have the obligation to protect their citizens and businesses that contribute to the...

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  • Understanding the Appraisal Profession AMCs communication have failed consistently.... As a Certified Residential Appraiser that started my career as a loan officer in the…
  • AMC Dangers to the Consumer Appraisal Management Companies (AMC) are changing how our profession works. It’s important to know exactly how they are affecting the…
  • AMC's "My Way or the Highway" Attitude Apparent appraiser abuse by AMC's... As Chairman of the American Guild of Appraisers (AGA) National Appraiser Peer Review Committee, I…

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]]> https://appraisersblogs.com/REVAA-opposes-AMC-legislation/feed/ 38 13895 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…
  • Fannie Mae Waiving Appraisals Property Inspection Waiver, getting back to the old days of fogging a mirror... Appraisers, Effective 12/10/16, FNMA will have a…
  • 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 Unintended Use & Misleading Appraisal Reports https://appraisersblogs.com/unintended-use-misleading-appraisals https://appraisersblogs.com/unintended-use-misleading-appraisals#comments Fri, 09 Sep 2016 12:30:16 +0000 https://appraisersblogs.com/?p=12509 Unintended and Potentially Misleading At what point do we ALL say enough? When they insist on unlocked PDF, XML or ENV formats that facilitate recipients in removing portions of appraisal reports they don’t like? Too late. When they blacklist appraisers for refusing to make post effective date contract analysis changes? When they set the fees we charge? When they change the scope of work after assignments are completed? When they LIE to borrowers about how much the ‘appraisal fee’ is? Now we have several that think THEY own MY professional work product? Like HELL they do! Any, repeat, ANY appraiser...

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]]> https://appraisersblogs.com/unintended-use-misleading-appraisals/feed/ 13 12509 Simply too BIG to Say No to… https://appraisersblogs.com/first-american-pace-pro-improprieties https://appraisersblogs.com/first-american-pace-pro-improprieties#comments Thu, 31 Mar 2016 12:30:22 +0000 https://appraisersblogs.com/?p=11590 If they can’t even get their own PACE Pro form right, how are these alternative “valuation” providers going to get something as complicated as the value right? First American, and to some extent similar large scale conglomerate “players”, supply everything to the transaction: from the Home Warranty for the buyer, to the escrow services, to the mortgage company, to the mortgage servicer, to the title company, to the appraisal management company, to the appraiser panelists, to the software company that DESIGNS the software used for PACE Pro and almost all other appraisal software (ACI), to the BPO providers, to the...

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]]> https://appraisersblogs.com/first-american-pace-pro-improprieties/feed/ 5 11590 Form PACE Pro – Appraisal or Evaluation? https://appraisersblogs.com/pace-pro-form-beware-appraisers https://appraisersblogs.com/pace-pro-form-beware-appraisers#comments Tue, 02 Feb 2016 13:30:07 +0000 https://appraisersblogs.com/?p=10352 Frankly this form is so screwed up! To First American Mortgage Solutions…(copy to appraisers around the US): Do you folks really understand what your PACE form report REALLY is??  It is not an Evaluation report. It is an actual appraisal, disguised very poorly as a so-called Evaluation. Here’s what I found in your form, after actually reading it: “This report is provided for the benefit of the named customer only and is not intended to be, nor shall it be deemed to be, an appraisal or any form of an appraisal.” OK, fine, not an appraisal. The main form page says...

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