Category: Trending

What’s trending now and what was trending in the past on AppraisersBlogs – Discover and discuss developing and trending stories on the latest news, ideas and perspectives happening now and in the past in our industry

Flags Over Facts: The Road to Obsolescence 22

Flags Over Facts: The Road to Obsolescence

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...

Appraisal / Appraisal News / Appraisal Organizations / Appraisal Software / Appraisal Subcommittee / Appraisers News

Suspended: The AMC That Turned Review Into a Value Demand 33

Suspended: The AMC That Turned “Review” Into a Value Demand

Financial Asset Services and its chief appraiser did not just cross the line of appraiser independence, they marched past it so boldly that the Virginia Board suspended them both. In a rare twist involving a reverse mortgage, the push for a lower value became so aggressive that the Board ultimately issued a second suspended license to drive the point home.  The Virginia Coalition of Appraiser Professionals recently highlighted a case that should make every appraiser pause. Financial Asset Services (FAS) was hired to manage a reverse mortgage appraisal, a product where the pressure often runs in the opposite direction. Instead...

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisal Organizations / Appraisers News

The Trainee Inside the Fast and Cheap Model 32

The Trainee Inside the Fast and Cheap Model

The trainee walked into a job expecting mentorship and instead found a crash course in misconduct.  There is a widening gap in this industry between the people who actually protect the public trust and the people who only talk about it. A recent Reddit post from a Georgia trainee captured that gap with uncomfortable clarity. Not because his experience was unusual, but because it showed exactly what happens when the demand for fast and cheap collides with a profession built on accuracy, accountability, and real judgment. The trainee described a year of being sent out alone to inspect properties, told...

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisers News / Trending

From Dealerships to AMCs: Tech Fees as the New Normal 45

From Dealerships to AMCs: Tech Fees as the New Normal

Tech fees have spread so far and wide that even my oil change felt like a crash course in AMC logic. Last year I went to the dealership for a simple oil change. Nothing dramatic. I was prepared to drink bad waiting room coffee, scroll my phone, and leave. Instead, the service rep came out with the classic “while we had it up on the lift” routine and told me I needed new brakes. Fine. I approved the $1,200 estimate. Not fun, but expected. When the work was done, I went to pay and noticed a mysterious $60 surcharge added...

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisal Technology / Appraisers News

The AMCs: Coming Soon to a Lawsuit Near You 55

The AMCs: Coming Soon to a Lawsuit Near You

The AMCs built an entire system on silence, and now the quiet parts are being said out loud. For years, the mortgage industry has insisted that appraisal management companies are the guardians of independence, the compliance buffer that keeps lenders and appraisers at a safe distance. Yet 2025 has delivered a storyline that feels more like satire than industry narrative. Borrowers are suing, judges are listening, and the AMC business model is beginning to look less like a safeguard and more like a very expensive middleman with a very opaque invoice. The first shock came from California, where the Timmins...

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisers News / CFPB

When Protecting Tenants Starts With Targeting Property Rights 29

When Protecting Tenants Starts With Targeting Property Rights

When officials start treating property rights like a rounding error, every appraiser in the room knows the market’s about to need a stress test. New York City has never been short on bold ideas, but Mayor Zohran Mamdani’s latest appointment to the city’s Office to Protect Tenants has managed to ignite a firestorm before even warming the chair. His pick, Cea Weaver, arrives with a resurfaced video and a digital paper trail that would make any seasoned housing professional pause. Between her past social‑media proclamations like “seize private property” and her declaration that homeownership is “a weapon of white supremacy,”...

Appraisal / Appraisal News / Appraisers News / Trending

“No Name” Licenses, No Accountability: From Highways to Housing 31

“No Name” Licenses, No Accountability: From Highways to Housing

Two fatal crashes, one in Florida and one in California, have reignited national concern over so-called “no name” commercial driver’s licenses issued to foreign nationals without lawful immigration status. According to reports, truckers and government officials are sounding the alarm. Some states are allegedly issuing CDLs without verifying full legal names, allowing individuals with unverifiable identities or even criminal records to operate 80,000-pound trucks on public roads. This is not just a transportation issue. It is a systemic warning. The same structural failures that enable “no name” CDLs are now surfacing in the real estate and mortgage industries. Property data...

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisers News / Trending

The 24-Hour Appraisal Funded by Appraisers 45

The 24-Hour Appraisal Funded by Appraisers

The 24-hour appraisal model runs on borrowed time and borrowed credibility. Guess who’s underwriting both.  Reggora’s “24-hour appraisal” pitch was flimsy from the start, and now that we’ve seen the fine print, it’s not innovation, it’s a liability handoff wrapped in buzzwords. Their shiny new “Streamlined Appraisal” is just another hybrid, bifurcated product dressed up to look like progress. And like most hybrids, it assumes appraisers are either desperate, asleep, or willing to sign off on someone else’s work for peanuts. Brian Zitin proudly explains that Reggora sends a property data collector to the home before the borrower even commits...

AMC / Appraisal / Appraisal Management Companies / Appraisal News / Appraisers News / Trending

App-solutely Clueless: When Sales Tries to School Appraisers 30

App-solutely Clueless: When Sales Tries to School Appraisers

A newly funded bias-checking app claims to fix appraisal discrimination, by sidelining appraisers, duplicating existing standards, and redefining valuation from the sales floor.  Appraisers, this bit of news about a new bias checking app fluttered across my office floor the other day, causing me to trip. From the article: “…eliminate home appraisal bias, which happens when Black homeowners’ properties or properties in predominately Black neighborhoods are valued less than comparable properties owned by white households or in primarily white neighborhoods.” This new electronic theoretical bias checker was developed by three women in Philadelphia, who ARE NOT appraisers. Instead, they are...

Appraisal / Appraisal News / Appraisers News / Trending

When Appraisers Rally: Korea’s Protest Is a Wake-Up Call for the U.S 24

When Appraisers Rally: Korea Sends the U.S. a Wake-Up Call

In Seoul, appraisers didn’t write op-eds. They didn’t file quiet complaints. They rallied. And Korea took notice. On September 29, the Korea Association of Property Appraisers (KAPA) staged a public protest outside KB Kookmin Bank’s headquarters, condemning the bank’s in-house collateral valuations as illegal under Korea’s Appraisal Act. The Ministry of Land had already ruled the practice unlawful, yet banks continued hiring internal appraisers to fast-track high-value loans. KAPA’s response? Signs, speeches, and a full-throated demand for accountability. Meanwhile, in the United States, appraisers face a quieter, but no less existential, threat. Not just from the GSEs, but from banks...

Appraisal / Appraisal News / Appraisers News / Automated Valuation Models / AVM / Fannie Mae - Freddie Mac

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