As the single most significant overhaul of the United States tax code in the last three decades, the Tax Cuts and Jobs Act of 2017 is not only hotly debated, but includes provisions for the tax code, treasury regulations, IRS forms, instructions, federal court decisions, and more that affect all aspects of the current American […]
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If you’re a non-appraiser, you probably aren’t considering the USPAP. But this document of appraisal standards is incredibly influential on how you manage the appraisal and evaluations for your financial institution. To help you understand the basics you need to know to optimize your internal procedures, we’ve created a guide to outline the vital information […]
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The best part about the financial industry? It’s always changing. With the new technology that comes out almost every day, the world of finance is constantly on the search for more efficiency, but it also means that everyone has to stay on their toes to keep up. The best way to do that? Conferences.There’s a […]
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When it comes to what a non-appraiser needs to know about appraisals and evaluations, there’s a lot of different opinions. Some say you should know EVERYTHING, some think you should leave it up to the appraisers to do their job. At MountainSeed we like to take the middle ground: Know the essentials so that you […]
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Cryptocurrency: Everywhere you look, there it is. Businesses are offering for you to purchase items with it. Banks and credit unions are investing in it. The financial world is, simply put, obsessed with it. And despite it being a fairly new technology, every time anyone looks, it keeps getting more and more relevant.So what exactly […]
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There’s always one question every appraisal department wants to know: Does this qualify for appraisal exemptions? And depending on the answer, there are often many, many questions that follow.For a little clarity on the finer points about when you should consider appraisal exemptions and how they may affect your appraisal process, we created this list […]
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As you know, we like to stay on top of the latest in commercial real estate, and that includes being knowledgeable of the most recent changes in regulations. The FDIC recently approved a new appraisal threshold for commercial real estate. As a result, the appraisal threshold raised from the $250,000 to the $500,000 mark. Now, […]
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As parties to a mortgage transaction contingent upon an appraisal, borrowers, and lenders often struggle with a dilemma when they are unhappy with the results of appraisal: “Should I get a second opinion?” A quick internet search delivers thousands of results for advice and strategies on how to battle “low” appraisals, however few of them […]
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When it comes to appraisal regulations in 2018, we know you probably have questions. Whether you’re new to appraisals or just need a refresher on the finer points outlined by common requirements, there’s a lot to keep up with when it comes to appraisal regulation and guidance. To help you make sense of the details, […]
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Appraisal compliance — it’s been the buzzword for the last decade. With banks required to manage more and more requirements on the same budgets, with the same teams, it’s never been more crucial for financial institutions to establish a process that works correctly from the get-go. But before you can establish a foolproof process, there […]
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