2023 Election Results- Hoosier State Chapter
You can view the election results at this link Election Results 2022 for 2023
Hoosier State Chapter 2022 2nd Quarter Newsletter
The 2022 2nd Quarter HSC Newsletter PDF can be viewed at the following link HSC Newsletter- Q2 2022
2023 Election Notice
2022 Notice of Election for 2023 Officers
JOB OPPORTUNITY
The US Forest Service will soon be announcing five Senior Review Appraiser positions. Three of these cover the Mid-west/Eastern Region. The positions are being offered as traditional office or fully Remote (typically your home) with geographic limitations and offer full benefits. A relocation incentive may be offered for a duty location in Milwaukee Wisconsin. Check the Job Board (under the Resources Tab) on this website for additional information.
MIBOR Article Featuring Randy Scheidt, MAI, SRA
Read it here.
2020-21 USPAP Extended for One Year
(Washington, DC) February 19, 2021 – The Appraisal Foundation’s Appraisal Standards Board (ASB) announced today that the current edition of the Uniform Standards of Professional Appraisal Practice (USPAP) will be extended by one year. The 2020-2021 USPAP will now be effective until December 31, 2022.
“USPAP has been a living document since its adoption in 1987. Initially, changes were being adopted so frequently, they were simply being added as inserts into a large binder. As time has progressed the updating cycle lengthened to one year and now two years. Like every profession, COVID-19 has had an unprecedented impact on the appraisal profession and how we conduct day to day business. Pressing issues have arisen in our profession over the past year ranging widely from concerns about fair housing matters to how to conduct a socially distanced property inspection. USPAP is a maturing document, and it can take longer to study the complex issues facing our profession and how they will impact our standards. We believe all of these are all critical issues and deserve thoughtful consideration before we issue guidance,” said ASB Chair Wayne Miller.
“With that in mind, we have decided to extend the effective date of the current USPAP by one year. This will provide continuity to the profession during this pandemic while also giving the ASB the appropriate time to carefully examine the challenges facing our profession before offering additional guidance.”
To learn more about this announcement, please visit The Appraisal Foundation website, appraisalfoundation.org or click here to read our Frequently Asked Questions, including how this decision impacts continuing education courses.
Fannie Mae – Temporary Guidance From Fannie Mae
Fannie Mae has issued temporary guidance on appraisal requirements, including allowing desktop and exterior-only appraisals on many mortgage transactions, in Lender Letter LL-2020-04, Impact of COVID-19 on Appraisals, which will be updated as needed.
Page 4 of LL-2020-04 includes links to modified certifications and instructions for both Desktop Appraisals and Appraisals with Exterior-only Inspections. Please review these documents and note instructions for appraisers to copy the text indicated in its entirety and paste into their reports. You can access the Lender Letter and other resources on the Appraisers Page.
