The Appraisal Foundation

The Appraisal Foundation Opens Call for Board of Trustees Members

Retrieved on: 
Wednesday, January 24, 2024

The Board of Trustees provides financial support and oversight to the Foundation's two independent boards, the Appraiser Qualifications Board and the Appraisal Standards Board.

Key Points: 
  • The Board of Trustees provides financial support and oversight to the Foundation's two independent boards, the Appraiser Qualifications Board and the Appraisal Standards Board.
  • The Board meets twice a year, and, while Trustees are reimbursed for travel expenses, they are not compensated for their time.
  • The Board of Trustees includes individuals from all appraisal disciplines, users of appraisal services, former appraiser regulators, academics, business leaders and community advocates.
  • The Appraisal Foundation believes that diversity enhances the quality of its boards.

The Appraisal Foundation Board of Trustees Overhauls Governance Structure, Ending Direct Appointments by Outside Organizations

Retrieved on: 
Tuesday, December 12, 2023

"Today's vote is the culmination of 18 months of hard work by the Board Structure Work Group," said Board of Trustees Chair Dayton Nordin.

Key Points: 
  • "Today's vote is the culmination of 18 months of hard work by the Board Structure Work Group," said Board of Trustees Chair Dayton Nordin.
  • I am pleased with our proactive efforts to make The Appraisal Foundation's governance nimbler and more transparent."
  • These nonprofit organizations demonstrate their support for The Appraisal Foundation by meeting publicly listed benchmarks and can include appraiser membership organizations, users of appraisal services, regulators, fair housing, consumer and civil rights advocates.
  • Change the structure of the Board of Trustees so that there are nine to ten trustees nominated by a partner organization & nine to eleven public interest trustees, three of whom are nominated by Foundation councils.

McKissock Learning Announces the National Rollout of the Official 2024-2025 7-Hour On-Demand Update Course for Uniform Standards of Professional Appraisal Practice (USPAP)

Retrieved on: 
Monday, October 2, 2023

McKissock Learning , the leading national provider of online education for real estate appraisers, today announced the rollout of the official 2024-2025 7-Hour National Update Course for the Uniform Standards of Professional Appraisal Practice (USPAP), written by The Appraisal Foundation.

Key Points: 
  • McKissock Learning , the leading national provider of online education for real estate appraisers, today announced the rollout of the official 2024-2025 7-Hour National Update Course for the Uniform Standards of Professional Appraisal Practice (USPAP), written by The Appraisal Foundation.
  • McKissock Learning has been the exclusive provider of The Appraisal Foundation’s national on-demand USPAP update course since 2012.
  • “The Foundation is pleased to once again partner with McKissock to develop an on-demand version of the 2024-2025 7-Hour National USPAP Update Course,” said The Appraisal Foundation President Dave Bunton.
  • McKissock will also offer the 7-Hour National USPAP Update Course via livestream as well as an in-person classroom version.

PropertyRate Launches Valuation Strategy and Operations Group with Hires of John Brenan and Daniel Regalado

Retrieved on: 
Wednesday, September 6, 2023

ORANGE, Calif., Sept. 6, 2023 /PRNewswire-PRWeb/ -- PropertyRate, a leading national appraisal management and property valuation firm, announced the launch of its Valuation Strategy and Operations Group to better meet the rapidly evolving needs of the mortgage industry. To support this initiative, PropertyRate has strengthened its team with the addition of industry veterans, John Brenan and Daniel Regalado.

Key Points: 
  • To support this initiative, PropertyRate has strengthened its team with addition of industry veterans, John Brenan and Daniel Regalado.
  • ORANGE, Calif., Sept. 6, 2023 /PRNewswire-PRWeb/ -- PropertyRate, a leading national appraisal management and property valuation firm, announced the launch of its Valuation Strategy and Operations Group to better meet the rapidly evolving needs of the mortgage industry.
  • To support this initiative, PropertyRate has strengthened its team with the addition of industry veterans, John Brenan and Daniel Regalado.
  • Despite declines in the mortgage market, national appraisal management firm, PropertyRate, continues to invest in thought leadership and innovation with the formation of its Valuation Strategy and Operations Group and addition of industry veterans, John Brenan and Daniel Regalado.

Appraiser Qualifications Board Adopts New Edition of the Real Property Appraiser Qualification Criteria

Retrieved on: 
Friday, June 23, 2023

WASHINGTON, June 23, 2023 /PRNewswire/ -- The Appraiser Qualifications Board yesterday voted to adopt the Second Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria. The new edition will become effective on January 1, 2026.

Key Points: 
  • New edition will be effective January 1, 2026
    WASHINGTON, June 23, 2023 /PRNewswire/ -- The Appraiser Qualifications Board yesterday voted to adopt the Second Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria.
  • "After our education forum last fall, it was clear that stakeholders saw a need for required fair housing and valuation bias training for all appraisers," said Appraiser Qualifications Board Chair Brad Swinney.
  • All exposure drafts are developed by the Appraiser Qualifications Board and released for public comment.
  • The Appraiser Qualifications Board is congressionally-authorized under Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 to set the minimum qualifications for real estate appraisers.

Foundation Shares Updates Ahead of One Year Anniversary of PAVE Task Force Report

Retrieved on: 
Tuesday, March 14, 2023

"The Appraisal Foundation shares the PAVE Task Force's commitment to root out bias and discrimination in the appraisal profession, and our boards have been hard at work over the past few years to do just that," said The Appraisal Foundation President Dave Bunton.

Key Points: 
  • "The Appraisal Foundation shares the PAVE Task Force's commitment to root out bias and discrimination in the appraisal profession, and our boards have been hard at work over the past few years to do just that," said The Appraisal Foundation President Dave Bunton.
  • We look forward to partnering with the PAVE Task Force to continue these efforts to build public trust in the appraisal profession."
  • Publishing the report of the Automated Valuation Models (AVMs) Task Force which makes recommendations on potential standards for AVMs.
  • For more information on each of these initiatives and how the Foundation is responding to many more PAVE recommendations please read this update provided to the PAVE Task Force on February 2, 2023.

Succession Resource Group (SRG) Expands its Team of Specialized Experts with New Director of Valuations

Retrieved on: 
Tuesday, February 28, 2023

PORTLAND, Ore., Feb. 28, 2023 /PRNewswire/ -- Today, Succession Resource Group (SRG) – a consulting firm focused on helping professionals in the financial services, insurance, and tax planning industries value, improve, protect, grow, and plan for the eventual transition of their business – announced a key strategic hire of Ryan Grau, CVA/CBA, who joined the team in February 2023 as the new Director of Valuations and member of SRG's executive leadership team, bringing with him over 12 years of acute advisor valuation experience.

Key Points: 
  • SRG continues attracting top talent as the leading industry authority on succession planning, business valuations, deal structuring, equity management, death/disability planning, mergers, and acquisitions.
  • Ryan's critical expertise in business valuations, deal structuring, equity management, death/disability planning, mergers and acquisitions, and goodwill valuations will continue to build out and enhance SRG's comprehensive services and personalized client experience.
  • "We are excited to have Ryan join our expanding team and help us grow these critical elements of the business.
  • Their team has a first-class process for creating a smooth client experience in gathering information and sharing their results.

Appraisal Standards Board Responds to Public Feedback

Retrieved on: 
Thursday, February 16, 2023

WASHINGTON, Feb. 16, 2023 /PRNewswire/ -- The Appraisal Standards Board today announced they plan to release a Fifth Exposure Draft of proposed changes to the Uniform Standards of Professional Appraisal Practice (USPAP) following feedback from appraisers, regulators and the public.

Key Points: 
  • WASHINGTON, Feb. 16, 2023 /PRNewswire/ -- The Appraisal Standards Board today announced they plan to release a Fifth Exposure Draft of proposed changes to the Uniform Standards of Professional Appraisal Practice (USPAP) following feedback from appraisers, regulators and the public.
  • "The public comments we receive on every exposure draft are invaluable in helping us draft standards," said Appraisal Standards Board Chair Michelle Czekalski Bradley.
  • All exposure drafts are developed by the Appraisal Standards Board and released for public comment.
  • The Appraisal Standards Board will announce when the next exposure draft is available, including a public comment deadline and webinar to outline the proposed changes.

Appraiser Qualifications Board Proposes New Fair Housing Education Requirements

Retrieved on: 
Wednesday, February 1, 2023

WASHINGTON, Feb. 1, 2023 /PRNewswire/ -- The Appraiser Qualifications Board this week released a First Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria.

Key Points: 
  • WASHINGTON, Feb. 1, 2023 /PRNewswire/ -- The Appraiser Qualifications Board this week released a First Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria.
  • If adopted, these proposed changes would make fair housing education courses a required component of an appraiser's qualifying and continuing education.
  • "Appraisal bias is a threat to the public's trust in the appraisal profession," said Appraiser Qualifications Board Chair Brad Swinney.
  • The Appraiser Qualifications Board carefully reviews all public comments, and this input will inform their next steps.

The Appraisal Foundation Opens Applications for Board of Trustees

Retrieved on: 
Thursday, January 19, 2023

WASHINGTON, Jan. 19, 2023 /PRNewswire/ -- The Appraisal Foundation announced today that it is seeking qualified candidates to fill five at-large trustee positions for its governing body, the Board of Trustees.

Key Points: 
  • WASHINGTON, Jan. 19, 2023 /PRNewswire/ -- The Appraisal Foundation announced today that it is seeking qualified candidates to fill five at-large trustee positions for its governing body, the Board of Trustees.
  • "The work of The Appraisal Foundation's independent boards would not be possible without the skillful guidance of the Board of Trustees," said David Bunton, president of The Appraisal Foundation.
  • The Board of Trustees provides financial support and oversight to the Foundation's two independent boards, the Appraiser Qualifications Board and the Appraisal Standards Board.
  • The Board of Trustees includes individuals from all appraisal disciplines, users of appraisal services, former appraiser regulators, academics, business leaders, as well as community and consumer advocates.