Topics- Illinois appraisal renewal numbers,FHA Adopts Some HVCC Guidelines,NAHB on the $8,000 tax credit, U.S. consumer credit falls, Apartment Vacancy 23 Year High, Guilty Pleas In Marijuana Grow House

Topics- What is a bathroom?, Condition vs. Functional Utility Adjustments, Illinois Foreclosure Activity

Topic: From CNBC: 500 More Banks to Fail By End of 2010 Wilbur Ross, ABI: Personal Bankruptcy Filings up 24 Percent compared to August 2008, First Time Home Buyer NAR Numbers, Bernanke Robbed by “Big Head”, Construction Spending in July, Pending Home Sales Increase in July, Hope Now released the July Mortgage Loss Mitigation Statistics., Case-Shiller Index Homes Prices Now At 2001 Levels

Topics: New home sales increase almost 10 percent in July; New home inventory drops to 7.5 months, Nine Sentenced in Alaska’s Largest Mortgage Fraud Investigation, Florida Foreclosure Scammer Sued, Old Post Office auction this week – ‘big animal to tackle’, Chicago-area home prices up in June over May, N.Y. Times on Ordering Appraisals Lenders Now Control the Entire Process”, Moody’s: CRE Prices Off 36 Percent from Peak, Off 1% in June, Appraisal Update

Topics: Renewing your appraisers license and making sure you update FHA if you are on the rooster., In Appraisal Shift, Lenders Gain Power and Critics - NEW YORK TIMES ARTICLE, “Does the NAME of a Client have to be shown in an appraisal report?”, Bank of America sues Spire developer, AI Responds to NAR’s Assessment of Appraisals “Stalling Transactions”, Are appraisers better looking than other real estate professionals., Listener Questions: From Kirt