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Call to Action

Please continue to keep your data for the turn times that contracts are being signed and appraisals being ordered.

We will be presenting our conclusions at the AARO Conference should it prove worthwhile.

This is an important aspect of proving our case that its not the Appraiser that is holding up any part of the process.

Due date is September 30th, 2018

Send any data to: dalebailey@sc.rr.com

News

Chariman Hensarling - GSE Reform Bill

WASHINGTON – Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s full committee hearing on the 10th anniversary of the federal government’s takeover of Fannie Mae and Freddie Mac, the failed... Read More

Sharing Information Among Us

One of the benefits of being a SCPAC member is sharing industry information. Not only do we share our information, we also share information from others . We encourage each of you to share industry articles with us. Being informed leads to success! Read More

Data doesn't create meaning, people do

In the interview we did with Fannie Mae last issue, Fannie Mae & Your Future, Fannie says that they have determined that big data, when combined with new and powerful algorithms, are "good enough" for certain types of transactions—and are cheaper and faster to boot, which is seemingly what everyone demands these days. Read More

SCPAC is Proud to Announce the Following

The Appraisal Foundation has announced that SCPAC Board Member, Ben Atkins, will serve as Chair of the Membership Committee for TAFAC, The Appraisal Foundation Advisory Council for 2018. Congratulations to Ben on this new position and thanks for representing SCPAC so well!

HousingWire News

FHFA debuts new housing affordability metric

Mon, 24 Sep 2018 15:39:00 -0400
The Federal Housing Finance Agency just debuted a new housing affordability metric that aims to build upon the data already provided by other similar metrics, and what the FHFA found on the metric’s maiden voyage isn’t pretty.

CNBC: Chinese tariffs are going to make your home renovations more expensive

Mon, 24 Sep 2018 15:30:00 -0400
This year, the National Association of Home Builders’ Remodeling Market Index revealed that in the fourth quarter of 2017, the RMI reached 60 for the second time since 2001. Although the increasing demand for home renovation has carried over to 2018, recently imposed tariffs are expected to reduce home renovation affordability.

JPMorgan Chase planning expansion in Philadelphia area

Mon, 24 Sep 2018 14:38:00 -0400
JPMorgan Chase is plotting an expansion of its business in the Philadelphia and Delaware Valley area, which includes Philadelphia, the state of Delaware and the southern part of New Jersey. Chase announced Monday that over the next five years, the bank will open up approximately 50 new branch locations and add 300 new employees in the Delaware Valley region.


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Annual Conference & USPAP Course

Calling All Appraisers!!!! The SCPAC Annual Conference is coming up in February and we would love to have you there. The conference will be at the Hilton Garden Inn, Mount Pleasant, SC on February 16th and 17th. Arrive early and take a moment to recharge your Appraiser Engines!