11th January 2012

Do you want free updates to my Appraisal Management Company Directory – for life?

I have a few copies left and will be changing my policy on getting free updates for life starting in 2012.

The time involved updating the list and making sure it is the best list around, I just can’t afford to offer free updates for life on the new 2012 AMC directory.

But what I will do, if you act NOW is to send you free updates for life (or for as long as the directory is published! I have no plans of stopping!)

The only way to do that is to order one of my last remaining copies of the book or the 2011 appraisal management company directory E-Version.

That way you will get the free updates for life. I was so swamped this year with appraisal work that I had to delay updating it, but will definitely have it completed by the end of this month.

I will be sending annual free updates in PDF format to all purchasers of the 2011 AMC Directory.

Thanks again for all your support. Remember, this is a VERY limited time offer. It will expire on 01/31/2012.

So get shopping and make sure you get free updates for life. Click here to order a copy of my Appraisal Management Company Directory.

~ Bryan

posted in Appraisal Management Companies | 1 Comment

11th January 2012

Retrospective Field Review Appraisers Needed

Coester Appraisal Group is seeking certified, residential appraisers with specific Retrospective Field Review Experience.

Due to an increase in business, we are currently seeking experienced, residential appraisers, nationwide, who possess working knowledge of Retrospective Field Reviews.

If interested, please respond with your experience level in the following four (4) areas:

Residential Appraisals
Retrospective Field Reviews – FNMA 2000 and 2000A
Retrospective Desk Reviews – FNMA 2005
Reconciliation Summary Reports

For more detail information regarding the specific requirements involved with this work, please contact Steve Francis at sfrancis@coesterappraisals.com.

NOTE: Contact Steve Francis at sfrancis@coesterappraisals.com. Although I appreciate everyone that attempted to use the contact form below to reply, you must e-mail them directly.

posted in Appraisal Management Companies | 6 Comments

11th January 2012

ASA, NAIFA, AI, ASFMRA File Comments with Federal Reserve on Appraiser Independence; Seek Critical Change Regarding Customary and Reasonable Fees

On December 27, the American Society of Appraisers, together with the National Association of Independent Fee Appraisers (NAIFA), the Appraisal Institute (AI) and the American Society of Farm Managers and Rural Appraisers (ASFMRA), filed reply comments with the Federal Reserve regarding its proposed Appraiser Independence Interim Final Regulations. Of utmost importance to ASA and our partners was concern over the potential for “the consideration of fees paid by AMCs when adhering to the first presumption of compliance with the customary and reasonable fee regulations,” which uses a series of factors in determining whether the fee paid to an appraiser is appropriate under the law and regulations. This concern arose from commentary provided by the Fed in its Interim Rule which stated that determining whether an appraisal fee is customary and reasonable, “does not require that a creditor use third-party information that excludes appraisals ordered by AMCs.”

Also addressed in the letter was the appropriateness of safe harbors for reliance upon third-party fee studies and surveys which rely on generally accepted survey methodologies, and a recommendation that the Fed, using its RESPA authority, require separate disclosure of appraisal fees and AMC fees in this or a subsequent rulemaking as a matter of consumer protection and to further ensure that appraisers receive customary and reasonable fees. The letter also directly addresses over a dozen questions raised by the Fed as part of the rulemaking process on a variety of issues, from the extension of conflicts of interest prohibitions to AVMs, to outcome-based appraiser compensation, to the consideration of professional designations as part of a determination of the reasonableness of fees.


posted in Dodd-Frank C&R Topics | 3 Comments

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