Friday, February 25, 2011

Free 4-hour CE Seminar in Spokane, WA on April 30 to Support ACOW (Free for Appraisers who Join ACOW or, if Already an ACOW Member, Make a $20 Donation)


We believe that the Appraisers’ Coalition of Washington (ACOW) is a key to the future success of real estate appraisers and their profession in the State of Washington and that it serves as a great model for other state coalitions. ACOW was instrumental in the passage of Washington's AMC law.

To support ACOW and its membership, LIA Administrators & Insurance Services and READI are pleased to announce the presentation of their 4-hour live CE seminar entitled "Loss Prevention Program for Real Estate Appraisers” (WA course #AP544) in Spokane, Washington, on April 30, 2011, 8:30 a.m. to 12:30 p.m., at the Red Lion Hotel at the Park, 303 West North River Drive, Spokane, WA 99201. CE credit is also approved in Idaho and Oregon.

The CE seminar is being given as a membership drive/fundraiser for ACOW. Accordingly, the seminar is free to all appraisers who:

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Friday, February 18, 2011

"Robo-Complaints" to State Appraiser Boards

Mortgage borrowers in default deal with "robo-signed" foreclosure documents.  Residential lending appraisers may soon have to deal with "robo-complaints" to state appraiser boards filed by lenders to comply with Dodd-Frank.  One of the end results may be more appraisers shy about value.

We at LIA and READI anticipate and are preparing for an increased volume of future state disciplinary complaints against appraisers by lenders and AMCs.  Our anticipation is based on Dodd-Frank's mandate that lenders and AMCs must report appraisers to state appraiser boards for apparent violations of USPAP, violations of applicable law, or other ethical or professional misconduct.  The Federal Reserve's interim final rule refines this a little by limiting the reporting duty to those violations that are likely to affect the value of the subject property.   A failure to comply with this reporting obligation will be a violation of the Truth in Lending Act and will subject the lender or AMC to potential penalties -- and could also conceivably provide a basis for other types of claims in civil actions by private plaintiffs.

A number of state regulators similarly expect a surge in disciplinary complaints when this part of Dodd-Frank is implemented in April.

To make it uglier:

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Tuesday, February 8, 2011

USPAP Update Course and Free Loss Prevention Seminar for Alaska Appraisers


Appraiser Bill King of William King & Associates and attorney Peter Christensen of LIA and READI have teamed up to give two very important CE seminars for Alaska appraisers on back-to-back days in Anchorage. These courses will be held at the Hilton Garden Inn -- Anchorage Airport, 4555 Union Square Dr., Anchorage, AK 99503, hotel phone: (907) 729-7000.


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Monday, February 7, 2011

Free 4-hour CE Seminar (with $15 Donation to Southern Oregon Appraisers) in Medford, Oregon on April 29, 2011

To support the grassroots organizing of real estate appraisers in the Rogue Valley and Southern Oregon, LIA Administrators & Insurance Services and READI are pleased to announce the presentation of their 4-hour live CE seminar entitled "Loss Prevention for Real Estate Appraisers” (OR Course Approval No. LIAI-C-0111-1799) in the greater Medford area on April 29, 2011, 8:00 a.m. to 12:00 p.m.  This seminar is free to all appraisers who make a $15 donation to the Southern Oregon Appraisers organization at the seminar and who are also registered for basic membership in READI (basic READI membership is free to professional appraisers, but appraisers need to email info@readimember.org to receive a registration code).  The seminar is given as part of READI's mission to support grassroots appraiser organizations and to defeat unfair liability risks faced by appraisers.
Appraisers insured through LIA's E&O program with Liberty Mutual become eligible for a discount on their E&O premium of either $25 or $50 depending on their level of coverage.
The location of the seminar is La Quinta Inn, 2020 Leigh Way, White City, OR.  Please register for the class by email to class@readimember.org.  If you do not wish to make a $15 donation to Southern Oregon Appraisers and register for free READI membership, the cost of the class is $75.  Space is limited to 60.  If you reserve a space, please be sure to attend -- the seminar is popular and we currently have more than 150 signed up for a class in Kentucky.
Questions about the grassroots organizing and future plans of Southern Oregon Appraisers can be addressed to appraiser Madelon Cahill at madeloncahill@yahoo.com.

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Three More LIA Loss Prevention CE Seminars with the Kentucky Real Estate Appraisers Board in February, March and April 2011

These joint CE events with LIA and the Kentucky Real Estate Appraisers Board have been popular.  116 appraisers attended the first CE event on January 14 in Bowling Green.

More than 150 appraisers have signed up for the second event on February 11, 2011 in Louisville, and we look forward to giving the event again on March 11, 2011 in Lexington and April 15, 2011 in Florence.  The presenters of LIA's Loss Prevention Program portion on February 11 will be Robert A. Wiley (LIA's assistant vice president), J. Gordon Forester, Jr. (a Washington, DC attorney who has defended appraisers), and me (Peter Christensen, LIA's general counsel).  Gordon and I will be the presenters of LIA's portion on March 11 and April 15.

On each date, LIA's representatives will present its loss prevention seminar from 8:30 a.m. to 12:00 p.m., and Larry Disney will then present the latest news and views of the KREAB, including state and federal legislation and regulatory matters from 1:00 p.m. to 4:30 p.m.  

A total 7.0 hours of KREAB CE credit is approved for each day.  The scheduled dates and cities are:

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