On March 28th the Federal Housing Administration (FHA) published Frequently Asked Questions (FAQs) that address inquiries received from stakeholders regarding payment of real estate agent commissions related to the recently announced nationwide settlement agreement...

HB24-1085 went before the Senate Judiciary Committee on March 18th. The Judiciary Committee consists of 5 members, 3 Democrats and 2 Republicans. After another long hearing, it was clear the three Democrats on the committee were not convinced the policy was needed...

In an effort to improve the quality of appraisal reports, Fannie Mae has scanned appraisals and tracked the number of reports with prohibited and/or subjective language since 2021. In 2021 over 1,500 appraisers received letters notifying them of a violation. The...

Fannie Mae just released its March issue of Appraiser Update. This edition touches on hot topics including Zoning changes, Hybrid appraisals, Subjective language, Recent Selling Guide updates and Tips on how to keep your appraisal credentials safe. See the full report...

It's Official! The Northern Colorado Association of Real Estate Appraisers (NCAREA) is now the Rocky Mountain Appraiser Association (RMAA). After much discussion and contemplation, the Board of Directors unanimously voted on an organizational name change on November...

Join us on Tuesday, April 9th from 1-4 PM for a special hybrid continuing education opportunity offered by HUD titled "Appraising for FHA." RMAA members will earn 3 hours of CE credit by attending this course. HUD staff appraisers review appraisals for FHA forward...

The March CAREA meeting is titled "Lending 101 for Appraisers" and will be presented by Alissa K. Hinriks. Active RMAA members will receive 2 hours continuing education if you attend this class. This class will be broken up into two sections. The first hour is...

We are one step closer to getting our appraiser bill passed! HB24-1085 has been successfully introduced to the Senate and as been assigned to the Senate Judiciary Committee. One of our bill sponsors is on the committee, so we are hopeful of a smooth passage. We will...

Our Limitation on Actions against Appraisers Bill (HB24-1085) has passed the full House with a final vote of 46 yes, 18 no, and 1 absence following the bill's third reading. Next, it heads to the Senate. The first half of its legislative process is complete, in large...

Today was the day for testimony at the Colorado Capital for the Limitation on Actions against Appraisers Bill (HB24-1085) and it passed the Committee vote with 7 yes and 4 no votes. Thank you everyone for your help and support. It made a difference. A special thanks...

Please join us on Monday, February 12th at 7:00 PM via Zoom for our February course titled What’s So Bad about “Good”? Objective Report Writing. Many reviewers are making appraisal revision requests stating use of words like good, inferior and other comparison and...

Our bill, HB24-1085 and known as the Limitations on Actions against Appraisers Bill, was officially introduced to the Business Affairs & Labor Committee today. Two of our bill sponsors are on this committee and one is the Chair, so we are optimistic for passing...