Originally published in the June 16, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI

The Appraisal Institute recently submitted comments to the Office of Management and Budget (OMB) supporting a proposed rule that would continue to require independent appraisals when donated real property is used to satisfy matching requirements under federal grant programs.

Originally published June 1, 2026 by The Appraisal Foundation
Reprinted with permission from The Appraisal Foundation

The Appraisal Foundation is now accepting applications for its two resource panels: the Personal Property Resource Panel and Business Valuation Resource Panel. Panelists can serve up to two three-year terms. New terms would commence on January 1, 2027.

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 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 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 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 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.

Originally published in the April 14, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI

We’re excited to announce that the newly enhanced Find an Appraiser directory is now live. 

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.

Originally published in the March 10, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI

The Appraisal Institute is pleased to recognize Kelli Kline Mayhew, MAI, SRA, as a recipient of the Women’s Initiative SPOTLIGHT Award, which honors individuals who demonstrate leadership, mentorship, and a commitment to advancing women in the appraisal profession.

Originally published in the January 27, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI

Policy adjustments and new collateral tools continue to shape waiver usage. In Q1 2025, Fannie Mae expanded waiver eligibility to purchase loans with 80–90% combined loan-to-value (CLTV). By November, about 9% of those loans used a waiver, up from 2% in February 2025.

Originally published in the January 27, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI

The latest numbers from the American Enterprise Institute tracking appraisal waiver activity at Fannie Mae and Freddie Mac show that more than one in four GSE loans in November 2025 used an appraisal waiver. The combined appraisal waiver share for both enterprises was 26%, up 3 percentage points from October, but still 23 points below the peak in March 2021.

Originally published by The Appraisal Foundation
Reprinted with permission from AI

The Appraisal Foundation announced today that it is seeking qualified candidates to fill three public interest positions on its Board of Trustees. All terms begin on January 1, 2027 and are four years.

Originally published in the January 13, 2026, issue of AI’s Appraisal Now
Reprinted with permission from AI

A newly introduced bill in the Illinois General Assembly highlights the increasingly important role of professional real estate appraisers in resolving land use conflicts tied to large-scale data center development. Illinois House Bill 4319 (2025, 2026), the Property Owner Protection from Data Center Impacts Act, was introduced on January 7, 2026, by Rep. Jed Davis (R, 75). The legislation establishes a framework allowing property owners to seek compensation for measurable harm caused by the construction or operation of nearby data centers, with valuation determinations grounded in professional appraisal analysis.

Originally published in the October 3, 2025, issue of AI’s Appraisal Now
Reprinted with permission from AI

Some recent media coverage has suggested that inflated appraisals may be contributing to valuation-related lending problems in “fix and flip” scenarios in cities like Baltimore, Maryland. But there’s no evidence to support that claim. What’s really happening is a breakdown in how value premises are interpreted and applied—particularly by institutional investors and analysts who may not fully understand the difference between as-is and as-completed market values.

The process for nomination and election of the Appraisal Institute’s 2025 vice president has begun. The following individuals (listed alphabetically) have announced their candidacies and will come before the National Nominating Committee at its September 29-30 meeting in Chicago:

• Smedmore Bernard, Jr., MAI
• Joseph Calvanico, MAI, AI-GRS
• Enrique 'Henry' Casado, MAI, SRA, AI-GRS, AI-RRS
• Sharon Harbin, MAI, SRA, AI-GRS
• Ryan Hlubb, MAI, SRA
• Ashley Johnson, MAI, SRA
• Jefferson Sherman, MAI, AI-GRS

AI Members may view the candidate biographies and questionnaires (log-in required) and written input may be provided by 5 p.m. CT, Wednesday, September 24. Correspondence should be addressed to Sandy Adomatis, SRA, chair, 2025 National Nominating Committee, and emailed to Joan Barngrover, board secretary and special assistant to the CEO, at j[email protected].

The Appraisal Institute is seeking individuals interested in serving as the 2026 Vice President of the Appraisal Institute. The 2026 Vice President will succeed to:

• 2027 President Elect
• 2028 President
• 2029 Immediate Past President

How to Submit a Nomination

If you are interested in serving, or wish to recommend someone for the position, please send a written recommendation to:

We’re back in tune — and we can’t wait to see you in Nashville!

Join hundreds of valuation professionals April 14–15, 2026, for the Appraisal Institute Annual Conference, packed with energy, innovation, and connections you won’t find anywhere else.

Handling Reconsideration of Value Requests: Best Practices from the Field

September 18, 2025

Reconsideration of Value (ROV) requests are becoming more common as consumers, lenders, and regulators look for greater transparency and accountability in the appraisal process. This Trending Topics Thursday webinar will bring together perspectives from Fannie Mae and practicing appraisers to help clarify how ROVs work in practice, what lenders are asking for, and how appraisers can respond while upholding professional standards.

Rachel Beam of Fannie Mae will provide an overview of the GSE’s approach to ROVs, including recent guidance and expectations for lenders. Megan Judd, SRA, AI-RRS, will share insights from her workshop on consumer appraisal appeals, offering practical guidance for appraisers facing ROV requests in the field.

Appraising the Profession: Chief Appraisers on Trends,
Performance, and the Road Ahead

Thursday, May 22, 2025
11:00 AM - 12:00 PM (CT)

Join AI for a candid conversation with two leading chief appraisers—one in commercial real estate and one in residential—as they share what they’re seeing across the profession today.