Be Flexible

                  LaSalle Commercial Appraisal Membership (L-CAM) and Environmental Risk Innovations, LLC (ERI) are very pleased to announce our partnership. This is a partnership of appraisal services provided by L-CAM and environmental risk management services provided by ERI. This alliance was formed so lenders can concentrate on doing what they […]

The Washington Post asked sixteen experts what they thought has gone better and worse than expected nearing the three year anniversary of Dodd-Frank. Link to the article here: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/07/20/does-dodd-frank-work-we-asked-16-experts-to-find-out/?wprss=rss_ezra-klein

The Appraisal Standards Board (ASB) writes Advisory Opinions (AO) to illustrate the applicability of appraisal standards in specific situations and to offer advice from the ASB for the resolution of appraisal issues and problems. Here is AO-20 on appraisal review assignments that include the reviewer’s own opinion of value. “A client may want an appraiser, […]

The Appraisal Standards Board (ASB) writes Advisory Opinions (AO) to illustrate the applicability of appraisal standards in specific situations and to offer advice from the ASB for the resolution of appraisal issues and problems. Here is AO-21 on real property, personal property and intangible property “Individuals perform numerous roles within the broad realm of valuation services. […]

“The OCC, FRB, FDIC, OTS, and NCUA are issuing final Interagency Appraisal and Evaluation Guidelines (Guidelines) to provide further clarification of the Agencies’ appraisal regulations and supervisory guidance to institutions and examiners about prudent appraisal and evaluation programs. The Guidelines, including their appendices, update and replace existing supervisory guidance documents to reflect developments concerning appraisals and evaluations, […]

“The current residential appraisal system is impaired due to inconsistent and conflicting standards and guidance; inadequate and uneven oversight and enforcement; a shortage of qualified and experienced residential appraisers; and, the absence of a robust and standardized data system. The National Association of Home Builders (NAHB) believes these problemsmust be addressed in order to restore […]