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From Tradition to Transformation: Appraising Diplomatic Real Estate

IVSC

Nygard oversees a staff of appraisers and real estate analysts who review and perform Market Value Appraisals worldwide as well as conduct various analyses including Lease – Purchase, Lease vs. Buy and Fair Market Rent Analyses. Embassy and Consulate facilities and other real estate worldwide. In 2020, the U.S. To a typical U.S.

Appraisal 246
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Business Appraisals: Consider an Annual Valuation Update

BV Specialists

You may answer this by claiming there is no benefit to having a formal appraisal completed until you absolutely have to. If there is no requirement such as for bank/SBA financing, new investor buy-in, partner dissolution, sale of the business, or other ownership shifting events, then is it really necessary?

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CFPB Investigations in Alleged Appraisal Discrimination

Appraisers Blog

The Consumer Financial Protection Bureau (CFPB) has started investigating alleged appraisal discrimination. For the last year, 40% of my legal work has been occupied by issues concerning alleged discrimination – balanced between representing parties in fair housing investigations and helping clients improve compliance and decrease risk.

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Regulatory Update for January 2023: $31 million bank redlining settlement, “too large to manage” banks and appraisal bias

N Contracts

The federal regulatory agencies started off the year with a bang with a record-setting redlining settlement, the denial of a bank application, and a warning of potential limits on the nation’s biggest banks. Then there’s all the guidance and proposals.

Banking 52
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Comment on Obscure Federal Official Has Hatched ‘Sick Chicken’ in Housing Sector by Baggins

Appraisers Blog

What does this mean if appraisers do not have access to the original USPAP version? link] ‘A real estate appraisal is one of several essential components of the lending process.’ Safe and sound banking practices. Checked TAF USPAP ‘previous editions’ in their store, 2018 is the oldest copy available.

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Arnold & Porter Discusses Yet Another Warning From Banking Regulators About AI Bias

Reynolds Holding

On July 18, 2023, Federal Reserve Vice Chair for Supervision Michael Barr cautioned banks against fair lending violations arising from their use of artificial intelligence (AI). Vice Chair Barr noted the interagency work on adapting CRA regulations and evaluations to address technological advancements in banking.

Banking 40
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Challenges to Expert Appraisers in Valuation Proceedings

Farrel Fritz

In business divorce litigation, the expert appraisers often are the key witnesses. And all these valuation proceedings turn largely on the testimony of the expert appraiser hired to value the business. The decisions highlight several principles that an expert appraiser and counsel would be wise to consider in valuation proceedings.