Industry News

A la mode supports launch of appraisal group

New coalition will work to protect appraiser independence

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The Appraisal Advocacy Coalition, a new nonprofit organization dedicated to protecting and supporting real estate appraisers, formally launched this week. The group, which advocates for full and accurate appraisals and independent appraisers, was introduced during a winter convention held by a la mode, a company that develops technologies for the real estate and mortgage industries. Hundreds of attendees joined a panel of industry experts and participants Jan. 17 to learn about and discuss the new organization. Dave Biggers, founder and chairman of a la mode, has donated money and staff time to help start the coalition, which will be a separate entity from a la mode. "We've introduced the Appraisal Advocacy Coalition as an appraiser-supported effort to ensure that the single most important facet of the American economy doesn't fall prey to predatory lenders and shady 'appraisal alternatives,'" said Ben Harris, an a la mode spokesman. "Appraisers are vitally important to protecting h...