Items Tagged with 'appraisal industry'

ARTICLES

  • An inside look at the battle over AVMs

    What exactly makes a company’s valuation system a “trade secret”?
    [Expert commentary] There's a serious battle being waged right now over automated valuation models. Some in the housing industry love AVMs, while others despise them. And AVMs only seem to be growing in popularity. But what happens if one company gets accused of stealing another company's AVM formula?
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  • Consolidated Analytics buys PCA Appraisal Management

    Merger of appraisal management companies
    In a deal between two appraisal management companies, Consolidated Analytics, an appraisal management company and mortgage advisory firm, announced this week that it acquired PCA Appraisal Management, which provides real estate appraisal services. Here are the details.
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  • FTC warns North Carolina that new appraisal fee rules could violate federal laws

    North Carolina currently considering establishing set fees for appraisals
    For the second time in the last two months, the Federal Trade Commission is accusing a state of pursuing appraisal fee laws that could restrict price competition and violate federal antitrust laws. At the end of May, the FTC filed a complaint against the Louisiana Real Estate Appraisal Board, accusing the group of “unreasonably restraining price competition for appraisal services in Louisiana.” Now, North Carolina is in the FTC’s crosshairs.
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  • Louisiana Real Estate Appraisal Board fights back against FTC price-fixing allegations

    “Categorically and vociferously” denies the FTC allegations
    Last month, the Federal Trade Commission filed a complaint against the Louisiana Real Estate Appraisal Board, accusing the regulatory body that oversees property appraisals in the state of stifling price competition by requiring appraisal management companies to follow the state’s established polices for the fees that AMCs pay to appraisers. Now, the board is fighting back.
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  • Experts answer: Will technology replace appraisers?

    The state of the appraisal industry
    The appraisal industry has a heaping amount of questions. This became increasingly clear after HousingWire’s webinar on the state of the appraisal industry, featuring four industry experts. The hour allotted to the webinar was able to cover a range of hot-button issues. However, there was one that stood out: Will technology replace appraisers?
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