LexisNexis® Legal Newsroom
Federal Reserve Issues Interim Final Rule Regarding Real Estate Appraisals

Today, the Federal Reserve issued an interim final rule and request for public comment regarding real estate appraisals, implementing Section 1472 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The interim rule is intended to protect Read More...

Exciting Time in Real Estate Appraisal Law

Does your law practice have anything to do with the value of real estate? For example, real estate closings, land use approvals and development (strike all that: I meant workouts, foreclosure defense and mortgage modifications). Maybe you practice family law and need appraisals for property settlements...

Write on! Let your voice be heard on new appraiser rules that affect your law practice!

To: Attorneys whose practice uses real estate appraisals Issue: Your comments are due on Federal Reserve Board Interim Rules on Appraiser Independence by Friday, December 17, 2010 Conclusion: This affects your practice! It's reading and comment time in the Real Estate Appraisal Law...

Appraisals, Assessments and Zestimates, Oh My!

What Is Your Massachusetts Home Really Worth? By Rich Vetstein OK folks, you want to know what your house is worth? Stop obsessing over your town assessment and online estimates. At the end of the day, your house is worth what someone is willing to pay for it. But while you follow the sale...

Appraiser Independence —Observations on the CFPB’s Interim Final Rule (And What the Heck Do They Do With Those Appraiser Regulatory Fees Anyway?)

By Dennis Scardilli, Esq., MAI, SCGREA 1 On December 22, 2011, the federal Consumer Financial Protection Bureau (the "Bureau" or "CFPB") issued a "Restatement of Federal Consumer Financial Law Regulations" under the Truth in Lending Act (TILA). Rulemaking authority...