IN THE NEWS

New CE Deadline for Illinois Real Estate Appraisers

01/15/20

The new rule making changes the Illinois Appraisal CE deadline back to September 30 of each odd-numbered year. The adopted rulemaking represents a re-alignment of renewal dates and continuing education completion dates for licenses real estate appraisers (September 30 of each odd-numbered year). Historically, these dates have been coterminous; however, a recent amendment to the rules effectively bifurcated those dates and resulted in confusion on the part of licensed real estate appraisers....More

FHA brings back Spot Condo Loans

08/26/19

On August 14, 2019, the Federal Housing Administration (FHA) published FHA INFO 19-41, which announced the publication of its Condominium Project Approval Final Rule (FR-5715-F-02) and corresponding Condominium Project Approval and Condominium Program sections of its Single Family Housing Policy Handbook 4000.1 (SF Handbook).   ...More

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