Originally published in the May 26, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
A recent warning from the Federal Trade Commission (FTC) to mortgage industry firm Mortgage Connect highlights growing regulatory scrutiny of noncompete agreements, a development that could have implications for real estate appraisers and appraisal firms.
Originally published in the May 26, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
The U.S. House passed the bipartisan 21st Century ROAD to Housing Act on May 20, advancing a package aimed at expanding housing supply, improving affordability, and updating federal housing programs. The Appraisal Institute said the bill includes two measures it supports, the Appraisal Modernization Act and the Appraisal Industry Improvement Act, which would require the FHA, FHFA, the Department of Agriculture, and the Department of Veterans Affairs to implement and maintain clearer, agency-specific reconsideration of value (ROV) guidelines, while also bolstering the appraisal workforce through education and training support. The legislation now awaits Senate consideration.
Originally published May 27, 2026, by Elevation Strategies
Reprinted with permission from Elevation Strategies
Here are some recent highlights from the NC General Assembly:
Originally published May 26, 2026 by The Appraisal Foundation
Reprinted with permission from The Appraisal Foundation
The Appraisal Foundation is now accepting applications for its annual selection of new members to serve on the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB). Individuals appointed through this process will begin their term on January 1, 2027. Each appointment may be for a one-, two-, or three-year term, depending on the needs of the board.
Originally published in the May 19, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
The U.S. Securities and Exchange Commission (SEC) is weighing a proposal that would let some public non-listed REITs (PNLRs) move from quarterly to semiannual reporting via a new Form 10-S. The goal is lower compliance cost, but the change may not reduce how often these vehicles need defensible real estate values.
Originally published in the May 19, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
Dale C. Cooper, MAI, SRA, AI-GRS, AI-RRS, was nominated for 2027 Appraisal Institute Vice President by the AI National Nominating Committee at its May 13 meeting in Chicago.
Originally published in the May 19, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
Congress is poised to take another major step on housing policy after House and Senate negotiators reached agreement on a final version of the 21st Century ROAD to Housing Act—a bipartisan package to expand housing supply, improve affordability, and modernize federal housing programs.
Originally published May 14, 2026, by the Appraisal Institute
Reprinted with permission from AI
We have been made aware of a fraud/scam targeting Appraisal Institute members. Bad actors are impersonating the Appraisal Institute and attempting to collect membership dues payments through a fake third-party organization. This scam may arrive by email and may also include phone-based interactions that attempt to set up fraudulent installment plans.
Originally published in the May 12, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
Self storage continues to reinforce its position as one of commercial real estate’s most resilient and closely watched asset classes. While the sector benefited from extraordinary pandemic-era demand, today’s market is increasingly defined by institutional investment, disciplined operations, and evolving valuation considerations.
Originally published in the May 12, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
The newly announced Uniform Appraisal Dataset (UAD) 3.6 timeline gives the mortgage industry a transition window through November 1, 2026, during which lenders may submit either UAD 2.6 or UAD 3.6 appraisal files to the Uniform Collateral Data Portal (UCDP). Beginning November 2, 2026, however, all new submissions must be in UAD 3.6 format.
The day before the Second Annual Valuation Law Symposium, the North Carolina Chapter of the Appraisal Institute will host its 2026 Legislative Reception and Chapter Business Meeting in Raleigh on June 10, 2026. This event continues to grow as one of the chapter’s most important opportunities to strengthen relationships between valuation professionals, policymakers, regulators, and industry stakeholders from across North Carolina.
Advocacy remains one of the most important responsibilities of any professional organization. The appraisal profession continues to face rapid changes involving regulation, modernization, public trust, valuation alternatives, and housing policy. The Legislative Reception provides a meaningful forum for appraisers to engage directly with decision makers and industry partners while helping ensure the voice of the valuation profession remains represented in conversations shaping the future of real estate valuation and housing markets.
Originally published May 10, 2026, by Elevation Strategies
Reprinted with permission from Elevation Strategies
Budget Update
I met Josh Wood JD, MAI, AI-GRS my first year at LDAC when he weighed in during a session and I quickly identified him as the smartest person in the room. He mentioned that he wrote and taught courses and I knew instantly that he’d be a great fit to teach for the NCAI. We hosted him for a two-day symposium in Charlotte last year and the feedback on the courses Josh wrote was resoundingly positive.
As a result, we’re hosting him again this year for the second Annual Valuation Law Symposium in Raleigh, NC on June 11th. This year’s symposium features five topics from Josh, and we’ve intentionally tailored the program to cater to residential appraisers as well as commercial.
Originally published in the May 5, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
The Appraisal Institute has announced that CEO John Udelhofen, who is currently on medical leave, will be stepping down from his position at the end of June. The Board of Directors and Executive Committee thank John for his service since joining the Appraisal Institute in May 2024 and assuming the CEO role in September 2024, and wish him the best in the weeks and months ahead.
This slate is presented by the North Carolina Chapter 2026 Nominating Committee which is comprised of: Kelli Kline Mayhew, MAI, SRA (Chair); Matt Benyon, MAI, Jamie Vogel, SRA, Keith Bolte, Jr., MAI, AI-GRS, and David Ivey, MAI, AI-GRS.
This slate of nominees will be on the agenda for a vote of approval by chapter members at the 2nd Quarter 2026 Chapter Business Meeting to be held on June 10th, 2026 at the North Carolina Museum of Natural Sciences in Raleigh, NC.
Originally published in the April 28, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
The MISMO AVM Common Confidence Score (CCS) is a proposed industry standard for describing how much “confidence” an Automated Valuation Model (AVM) has in its value estimate for a specific property. In plain terms, CCS is meant to make confidence scores comparable across vendors, so a “75” (or whatever scale is used) means the same general level of reliability irrespective of who produced the AVM.
Originally published April 25, 2026, by Elevation Strategies
Reprinted with permission from Elevation Strategies
The NC General Assembly passes a regulatory reform bill practically every session, and we expect this year will be no different. These bills usually contain a myriad of policies that make changes to regulations regarding a wide variety of industries.
NCAI’s Member Spotlight highlights professionals across our network. This feature introduces Ryan Hlubb, Jr. and his journey in the appraisal industry.
My journey into the appraisal business runs in my blood. My grandfather, Paul Hlubb, built a career in this profession from the ground up, and my father, Ryan Hlubb, followed in his footsteps so by the time I came along, the world of valuation was less of a foreign concept and more a common dinner table conversation. Growing up immersed in that environment made the decision to join the profession feel less like a choice and more like a natural next step.
Originally published April 25, 2026, by Elevation Strategies
Reprinted with permission from Elevation Strategies
Although the NC General Assembly usually doesn't get involved in property tax discussions, this year is different. Various local property revaluations this year have resulted in property values going up by fairly significant margins, resulting in citizens reaching out to legislators asking for help.
Originally published in the April 14, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI
The Appraisal Institute’s National Nominating Committee is scheduled to interview two candidates for 2027 AI Vice President during its May 13 meeting in Chicago.
